Search archive          Sign up for our Newsletters          Aviation Jobs
Latest Aviation News  |  Industry & Technology  |  Air Transport  |  MRO & Support  |  Aircraft Interiors  |  Editorials  |  Events Calendar  |  About UsFR
 
Aviation News Magnetic MRO aquired by Hangxin

Magnetic MRO aquired by Hangxin

Romain Guillot
17 JAN 2018 | 93 words
Estonian independent maintenance company Magnetic MRO announced on January 3 that it will be fully acquired by Guangzhou Hangxin Aviation Technology (Hangxin).

The transaction, which should be finalized next March, is estimated at 43 million euros.

Magnetic MRO has so far been mainly owned by BaltCap, a Baltic-owned investment and venture capital firm. Guangzhou Hangxin Aviation Technology is a private company established in Guangzhou in 1994 to meet the growing needs of Chinese air transport.

Hangxin has been one of the first authorized centers to provide services for Boeing in China.



Romain Guillot
Chief editor
Cofounder of Journal de l'Aviation and Alertavia


 
They made this section possible
Top stories
09 DEC 2021
The world's first Airbus A320 freighter takes off The world's first Airbus A320 freighter takes off
We knew its first flight was near, but Elbe Flugzeugwerke (EFW) was able to keep the surprise until the end. The first Airbus A320P2F (Passenger ... Continue Reading
09 DEC 2021
NYCO signs a major strategic agreement with Air France to develop sustainable aircraft lubricants NYCO signs a major strategic agreement with Air France to develop sustainable aircraft lubricants
NYCO, the French specialist in aeronautical lubricants, has signed a strategic agreement with Air France to cooperate on engine oil field service evaluation and ... Continue Reading
09 DEC 2021
New long-term agreement between Safran and SIAEC on CFM International's LEAP engines New long-term agreement between Safran and SIAEC on CFM International's LEAP engines
Safran Aircraft Engines has just signed a new 10-year engine MRO contract with SIA Engineering Company (SIAEC). Under the agreement, Singapore Airlines' MRO division will provide ... Continue Reading
09 DEC 2021
The world's first Airbus A320 freighter takes off
09 DEC 2021
NYCO signs a major strategic agreement with Air France to develop sustainable aircraft lubricants
09 DEC 2021
New long-term agreement between Safran and SIAEC on CFM International's LEAP engines
09 DEC 2021
Boeing to add two 737-800BCF conversion lines at STAECO's facility in China
09 DEC 2021
Sabena Aerospace to take over several maintenance activities from Lufthansa Technik
Top stories
 
Latest News     Industry & Technology     Air Transport     MRO & Support     Aircraft Interiors     Editorials
© 2024 Le Journal de l'Aviation - All rights reserved