What Magnetic MRO does

Magnetic MRO AS is an Estonia-headquartered aviation Maintenance, Repair and Overhaul (MRO) provider operating from Tallinn Airport hangars as a subsidiary of Magnetic Group, a privately-held aviation conglomerate. The company holds EASA Part 145 approval and offers a one-stop-shop 'total technical care' portfolio that includes base maintenance, major structural repairs (composite and metallic), major modification embodiment including Supplemental Type Certificate (STC) installations, full aircraft painting and livery work, non-destructive testing (ultrasonic, radiographic, magnetic particle, and penetrant inspection), component repairs, Engineering and CAMO services, a tool loan program, and standalone technical training delivered through a separate Magnetic Training brand. The company also operates the Magnetic Academy, a work-study apprenticeship developed with TSI Riga that combines 350 academic hours of EASA Part-147 theoretical training with hands-on hangar work in Tallinn to produce licensed B1/B2 aircraft engineers.

The business sells on a project and quote-based professional-services model to two primary customer segments: commercial airline operators and aircraft lessors. Disclosed customers span a wide roster of European carriers (including Ryanair, airBaltic, Finnair, Norwegian, SAS, Brussels Airlines, Vueling, Austrian Airlines, LOT Polish Airlines, Enter Air, Sunclass Airlines, ASL Airlines) and major global lessors (including AerCap, SMBC Aviation Capital, Avolon, BOC Aviation, NAC, TrueNoord, Falko). All services are delivered at the single Tallinn facility, meaning customers ferry aircraft to Estonia, and revenue is won via enterprise field-sales relationships rather than through a multi-site network or recurring subscription contracts.

Magnetic MRO was founded in 2004, employs 251–500 people, and is privately held under the Magnetic Group umbrella with no identified external institutional investors or PE backers. Revenue is not publicly disclosed and the company has not raised outside funding rounds in the available data. The CEO, Risto Mäeots, joined as a college freshman in 2007 and now leads the company alongside a leadership team that includes a COO, Director of Base Maintenance, and Head of Sales. Geographic reach is concentrated in Europe, with no stated operations outside the continent.

Name

Magnetic MRO

Legal name

Magnetic MRO AS

Website

https://magneticmro.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

251–500 employees

Short description

Magnetic MRO AS is an EASA Part 145 aviation MRO provider in Tallinn, Estonia, delivering base maintenance, structural repairs, painting, modifications, non-destructive testing, and technical training to European airlines and aircraft lessors as part of Magnetic Group.

Ownership category

akta.pro rank

Product category

Aircraft Maintenance, Repair and Overhaul (MRO) Services

NAICS

Aerospace Product and Parts Manufacturing (33641), Electronic and Precision Equipment Repair and Maintenance (811210), Electronic and Precision Equipment Repair and Maintenance (81121)

SIC

Aircraft & Parts (3720)

akta.pro primary industry

Commercial Airframe MRO (Heavy Checks & Structural) (IMABALAA)

akta.pro secondary industries

Component MRO (Avionics, Hydraulics, Pneumatics, Electrical) (TLAKAJAC), MRO Engineering, Technical Publications & CAMO Support (IMABALAO)

Keywords

• Aircraft maintenance services
• MRO repair overhaul
• Aviation technical training
• Aircraft painting services
• EASA Part 145 maintenance

Headquarters

HQ city

Tallinn

HQ country

Estonia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. MRO Services: Project and service-based revenue from providing base maintenance, painting, major structural repairs, major modification embodiment, non-destructive testing, and technical training services to airline operators and aircraft leasing companies.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Magnetic MRO delivers comprehensive aircraft Maintenance, Repair and Overhaul (MRO) services from its Tallinn Airport hangars, including base maintenance checks, major structural repairs, modification embodiment, full aircraft painting, non-destructive testing, component repair, engineering and CAMO services, tool loan, and aviation technical training. The company also runs Magnetic Academy, an EASA Part-147-aligned apprenticeship that combines theoretical instruction with hands-on hangar experience to train B1/B2 licensed aircraft engineers.

Product overview

Magnetic MRO is an aviation maintenance organization offering a comprehensive suite of MRO (Maintenance, Repair, and Overhaul) services as a single integrated provider. The core portfolio includes Base Maintenance, Major Structural Repairs, Major Modification Embodiment, Painting, Non-Destructive Testing, Component Repairs, Engineering and CAMO Services, Tool Loan, and Technical Training. Additionally, the company operates Magnetic Academy, a unique work-study apprenticeship program developed in partnership with TSI Riga (EASA Part-147 approved training organization) that trains individuals to become licensed aircraft engineers. Together, these services provide total technical care to aircraft, from routine maintenance and inspections to major repairs, modifications, and workforce development.

Differentiator

Problem solved

Functional benefit

Products and services

• Base Maintenance Comprehensive scheduled base maintenance services for commercial aircraft, including checks, inspections, and routine maintenance performed at Magnetic MRO's Tallinn Airport hangars under EASA Part 145 approval, serving European airline operators and lessors.
• Major Structural Repairs Specialized major structural repair services for aircraft airframe damage, covering both composite and metallic repairs to airframe components for airline operators and aircraft lessors.
• Major Modification Embodiment Engineering and implementation of major aircraft modifications, including Supplemental Type Certificate (STC) installations and custom modifications for airline operators and aircraft lessors.
• Painting Full aircraft painting services including livery design, repainting, and finish applications for commercial airline customers and aircraft lessors requiring livery changes for redelivery or rebranding.
• Non-Destructive Testing Advanced non-destructive testing services for aircraft components using ultrasonic, radiographic, magnetic particle, and penetrant inspection methods, supporting airworthiness compliance for airlines and lessors.
• Technical Training Aviation technical training programs delivered through Magnetic Training facilities, providing aircraft maintenance personnel training to support airlines, lessors, and the broader aviation maintenance workforce.
• Component Repairs Repair and overhaul services for aircraft components and parts, restoring them to airworthy condition for airline operators and aircraft lessors.
• Engineering and CAMO Services Continuing Airworthiness Management Organization (CAMO) services including engineering support, maintenance planning, and airworthiness management for airline operators and aircraft lessors.
• Tool Loan Specialized aircraft maintenance tool lending program providing equipment to support maintenance operations performed by airlines, lessors, and partner MRO organizations.
• Magnetic Academy Work-study apprenticeship program developed in partnership with TSI Riga that combines theoretical aviation training (EASA Part-147 certified) with hands-on practical training at Magnetic MRO hangars, training participants to become licensed aircraft engineers (B1/B2) and addressing the aviation maintenance industry's talent shortage.

Named customers22 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• TSI Riga (Transport and Telecommunications Institute)coreStrategic or Co-development PartnerStrategic partnership between TSI Riga and Magnetic Academy. TSI's Academic and Professional Aviation Center (APAC) is EASA Part-147 certified and provides theoretical training (350 academic hours) covering aviation physics, aircraft construction components, flight controls, electro technics and electronics. Students work at Magnetic MRO hangars while attending theoretical lectures in Tallinn, developing into licensed aircraft engineers (B1/B2).

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• AFI KLM E&M: Air France KLM's MRO division offering integrated airframe, engine, and component maintenance globally. A broad incumbent and major competitor for European carrier MRO contracts.
• SR Technics: Switzerland-headquartered major independent MRO offering comprehensive airframe, engine, and component services globally. Overlaps in full-service MRO but at significantly larger scale.
• Lufthansa Technik: Global MRO leader and part of the Lufthansa Group, providing the full MRO spectrum to airlines worldwide. Represents the dominant incumbent Magnetic MRO competes against for European carrier contracts.

Direct peers

• Czech Airlines Technics (Smartwings): Independent European MRO offering base and line maintenance. Overlaps in service categories and target European carrier customer base.
• FL Technics: Lithuania-based aircraft MRO provider offering base and line maintenance, component repair, and engineering services to airlines and lessors across Europe, Asia, and Africa. Directly comparable in size, Baltic footprint, and service portfolio to Magnetic MRO.
• Fokker Techniek: Netherlands-based MRO specializing in aircraft modifications, conversions, and heavy maintenance. Comparable in mid-tier European MRO scope and customer base of regional carriers and lessors.
• AerFin: UK-based aviation services company specializing in aircraft redelivery, transition, and component MRO. Comparable in focus on lessor-driven redelivery and end-of-lease services for airlines and lessors.
• Czech Airlines Technics (CSAT): Prague-based aircraft MRO providing base maintenance, line maintenance, and component services. Comparable mid-tier European MRO with similar single-site base maintenance model.
• Joramco: Jordan-based independent MRO offering base maintenance, modifications, and component repair to commercial airlines. Comparable in independent MRO positioning serving international airline customers.
• Barfield: US-based MRO providing component repair and avionics services to commercial airlines. Comparable as a mid-tier independent MRO focused on component-level services.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/magneticmro
• YouTubeyoutube.com/channel/UCvrPEzvGRx0hi97ZDFDe4AQ/videos
• LinkedInlinkedin.com/company/magneticgroup
• Instagraminstagram.com/magnetic.group

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Magnetic MRO