Magnetic MRO, an aviation maintenance company headquartered in Tallinn, Estonia, has announced that it acquired four Boeing 737 Classic aircraft from airBaltic.

The Latvian airline has made a great progress in modernisation of its fleet over the last years. The carrier which aims to become a fully A220 operator, has moved forward with the retirement of the 737 CL aircraft ahead of the initial plan. Already by the end of 2019 four more Boeing CL sopped flying for airBaltic.

Currently, the airBaltic fleet consists of 38 aircraft – 22 Airbus A220-300s, 4 Boeing 737s and 12 Bombardier Q400Next Gen aircraft.

Magnetic MRO, in turn, has been awarded the possibility to buy these Boeing planes in June, 2019. Some of these aircraft have been under the technical supervision of the maintenance company for a long period of time.

Magnetic MRO has already placed four Boeing 737 CL in hands of new operators and is determined to “help airlines to manage their exit risks”.