Magnetic MRO, a Total Technical Care MRO provider, and Crestline Investors, a U.S.-based institutional alternative asset manager, have established a joint venture for aviation asset investments. The newly established company, Magnetic Parts Trading Limited, will focus on acquiring aircrafts and engines for immediate part-out, or short term lease and subsequent part-out. Crestline Investors will furnish Magnetic Parts Trading Limited with the majority of its capital needs, while Magnetic MRO will focus on project managing the investment, part-out and value realisation process. Magnetic Parts Trading Limited will aim to invest in the most popular narrowbody aircrafts, such as the A320 and B737 families and their corresponding engines. The agreed capital structure will allow for immediate investments into a significant number of new generation aircrafts and engines, as well as the flexibility to purchase fleets of aircrafts, or assets with remaining leases attached.
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Please contact
Tamar Jorssen
Vice President Sales & Marketing
+1.778.213.8543
[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada
[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada