Magnetic Engines and Group Engine Management Sign CFM56 Engine Repair Agreement
Magnetic Engines, a sub-brand of Magnetic Group, has announced its recently signed cooperation with Group Engine Management GmbH (GEM), a subsidiary of Deutsche Lufthansa AG that provides engine management services to Lufthansa Group airlines.
From May, Magnetic Engines will provide cost- and time-saving repairs on CFM56-5B engines for GEM-managed engines in the Tallinn-based workshop. This is part of a strategically important partnership that builds on Magnetic Engine's varied portfolio of existing customers from across Europe, Africa, and Asia and expands on the previous work completed for Lufthansa Group Airlines in base and line maintenance, as well as engine shop repairs.
“The new agreement provides flexibility and reliability for our customer via a single agreement to cover all CFM56 engines regardless of the individual Lufthansa Group operator. GEM’s approach to fleet engine management is truly innovative, and we are excited to play a part in this,” shares Victoria Goodenough, Head of Business Development at Magnetic Engines.