Author: magneticgroup

In the current interview, we had a chance to talk to a representative of Stratos, Nicolaas Hemmer. He shares the impressions of the first collaboration between Stratos and magnetic group MRO, thoughts about Tallinn, and cultural aspects of the Netherlands and Estonia.

How would you describe the first cooperation between Stratos and Magnetic MRO?

Very promising. Magnetic MRO was very responsive and quickly put a quotation together and provided a slot, making the decision to partner with them an easy one.

What makes Magnetic MRO different from other MROs?

While Magnetic MRO shares similarities with other MROs, the difference is in the detail. I like the personal attention that representatives receive.

Prior to your arrival in Tallinn, what impressions did you have about Estonia?

I didnÕt know much about Estonia, except for the accident with the ferry at the end of the 90s, so I decided to read into the history of the Baltic states and its people.

Could you share your most significant memory related to Tallinn and your experience with Magnetic MRO?

The old city is very pretty, and I will always remember this. My experience with magnetic leasing MRO has been good so far, the project is well managed, and people are very open about issues that arise.

In your opinion, what are the similarities and differences between the Dutch and Estonians?

I donÕt think that there are major differences between the Dutch and Estonians, although people in Tallinn seem to be more self-oriented while the Dutch seem more curious about other people.

What places do you enjoy the most visiting in both Tallinn and Amsterdam?

I like to visit cinemas, museums and when the weather permits, the beach.

Could you share a go-to dish you like to prepare for yourself and is there a story behind why itÕs your favorite?

I have not been eating meat for several years now, but when I still did, my daughter used to ask me to prepare duck on a salad with mango compote, which was indeed delicious!

From cabin crew to sales manager at Magnetic Talents, Andy Yeap has experienced different aspects of aviation throughout his career. Get to know Andy better as he shares thoughts on his career path and the nuances of the aviation training and CAMO field in Asia.

 

Let’s start from the very beginning — what was your first step into the aviation industry?

It all started with my job as a cabin crew member, and it was a great experience as it allowed me to travel globally, work with colleagues from different backgrounds, and learn a lot about the aviation market from the inside. I then move to corporate sales covering both commercial and business aviation where I build a strong network in the industry before moving to Magnetic Group. 

 

 

How did you start working at Magnetic Group?

I saw an ad for the sales manager position in my region. Then, I researched the company and quickly discovered that magnetic engines is global, and its values align with mine. Also, the role itself was compelling and aligned with my passion for the industry. Naturally, I decided to give it a shot and have been working at magnetic mro ever since.

 

Could you elaborate more on your line of work?

My primary responsibilities involve sales and business expansion in Asia for engineering and training services, which both comprise the Talents sector at magnetic mro Group. Since the borders opened again after the pandemic, there has been a surge of demand for such services in the region, and my goal is to help companies meet that need for such services. I attend various aviation events, have ongoing communication with both current and potential clients, and always look for ways to add value and support them.

 

What do you find the most challenging in your current role?

The competition is fierce! But I believe it is a good thing for the industry, as it encourages companies to keep improving and offering the best services possible, so it is a welcome challenge.

 

What’s your favorite part about it?

The diversity of clients and partner networks plays a crucial role in why I enjoy my job on a daily basis. This is closely followed by having the chance to help companies solve their problems, like cutting costs and being more efficient, so it all contributes significantly to my satisfaction as an employee. 

 

Let’s wrap it up with a bonus question: what are your personal top destinations and where would you recommend others to travel to?

I myself enjoy traveling to meetings and events in big cities across Asia, such as Singapore or Hong Kong. Also, I am a big fan of my own country, so traveling here is highly recommended for all. From the multicultural experience to the diverse local cuisine and many sightseeing places, it is, indeed, a top destination!

I would also recommend the Baltic countries, where I have the opportunity to travel there during my induction, where I get to meet my colleagues from the US, Europe and Asia.

Introduction & Scope

The aircraft industry is persistently increasing globally after establishing the first commercial flight. The International Air Transport Association (IATA) depicts that nearly 250 airlines operate internationally. From research studies, it is determined that up to 3 billion passengers travel yearly, and about one-third of goods are traded through air transport. And after being on a post-pandemic rollercoaster, the industry is experiencing a solid comeback.

 

As per the comparison of the last few years, it has been analyzed that employment in the Aviation-sector is also surging quickly; the industry gives employment to nearly 2.5 million workers. This is the best option for people who want to make a career in this industry, as it offers good perks and rewards, especially when the industry has been experiencing labor shortages. Now let’s discuss why people should opt for this industry from a career perspective.

  

What Are the Major Reasons To Join the Training Program of Magnetic Talents?

The demand for the aviation industry is growing speedily, thus increasing career options. Magnetic Group, the global aviation company, has a sub-category of Magnetic Talents that conducts classroom teaching and training sessions for individuals and organizations. The benefits of joining one of the training programs of a global aviation company are mentioned below:-

 

High Demand

This industry has a high demand for Aviation roles across the sector. Air-travel came back into action, even exceeding pre-pandemic figures. The industry constantly suffers from a shortage of skills, especially technical.

 

If you’re looking and want to make a career in the aviation sector, join the training program of Magnetic Group. Its sub-brand, Magnetic Training offers specialized, technical, and on-the-job training programs. The global aviation company has highly-qualified and experienced instructors that offer online training programs or classroom teachings.

 

Their highly-qualified team will also help you in complex consulting and organizational transition projects allowing customers to expand their business and add certification by availing the facility of new aircraft types and capabilities.

 

Don’t Require Any Specific Degree

You don’t always need any degree to pursue a successful and rewarding career in the aviation field. After completing a dedicated training program in Magnetic, you will get a better opportunity to work with well-known airlines. You can polish your skills and capabilities while gaining practical maintenance experience, working under supervision. Knowledge and skills will help you gradually shift towards a licensed engineer over time.

 

Contact us to get detailed information about the Magnetic Training program.

  

Conclusion

 

Magnetic Group is a global aviation company that has different headquarters at the global level. The company has categorized its services into different sections, including Magnetic Creative, Magnetic Assets, MagneticTalents, and Magnetic Maintenance. The reasons mentioned above will help you when choosing the aviation industry for your career.

 

Moreover, magnetic leasing and magnetic trading help the aviation industry utilize the management team’s vast experience and take their business to the next level with innovative aircraft-related solutions.

 

What Are the Benefits of Joining the Aircraft Industry? The blog was first posted on Earticle Source

What is an Aircraft Lease?

A lease for an aircraft is a contract between two parties, usually a lessor and a lessee. In exchange for recurring payments known as rentals or lease payments, the lessor consents to loan the aircraft to the lessee for a predetermined amount of time.

 

You can make payments for an aircraft lease on a full-time basis, where you can pay for all hours upfront, or on an operational basis, where the lessee only pays for the flying hours actually used. An aircraft lease can also be set up with a single payment and no ongoing costs. It’s crucial to understand that leases are not loans because there is no interest accrued over time and no transfer of title.

 

For people who desire to buy an aircraft without the hefty expense of ownership, aircraft leasing is a convenient choice. The normal length of an aircraft lease is five to ten years, after which you must either return the aircraft to the lessor or buy it outright. If you need leasing advice, Magnetic Leasing provides full-scope consulting, while Magnetic MRO would support and maintain your aircraft when needed.

What are the motives for leasing an aircraft?

 

 

Insufficient financial resources: 

 

Businesses may lack the funds essential to own aircraft. commercial aircraft. Most probably, they are quite expensive and account for a sizable portion of a company’s investment items. Moreover, businesses that lack this financial clout could seek to keep operating via leasing aircraft.

 

Tax benefit: 

 

Leasing a plane may occasionally result in tax benefits for the lessee companies.

Swiftly meeting urgent needs: 

 

The airline business is a dynamic industry that changes swiftly. The demand for some routes may occasionally rise. Or the airline company might put a plan in place to quickly close some of the gaps in the market. Leasing a plane might be a practical answer in these circumstances.

Order Time: 

Companies that manufacture aircraft build them in response to orders from other businesses. (Even Boeing makes aircraft after receiving a precise order code from the business). Additionally, it is not uncommon to have to wait a very long time for an ordered aircraft. Renting a plane under these circumstances is a good choice.

 

We briefly discussed the benefits of leasing an aeroplane, but it is important to remember that while some businesses favour it, not all businesses do. For instance, leasing a plane might not be the best option if you expect to use it in your fleet for a very long time. Magnetic Group can offer a broad range of innovative aircraft and leasing solutions suiting your needs & preferences.

 

What are some of the popular leasing techniques?

Operating leases – can be short or long-term, and at the end the asset is redelivered to the lessor. As an example, engines or landing gears could be for 1 – 2 months, engine stands sometimes only weeks. Aircraft tend to be for at least a couple of years due to the work required to register and deregister onto the airlines operator certificate. Brand new aircraft would tend to start with 8 – 12 year lease terms.

 

Finance leases – Here the bank or financier retains title to the asset, the lessee pays a monthly lease payment including both interest & principal for the agreed term, and at the end pays a balloon / bullet payment to take ownership of the asset.

 

 

For the first part, it depends on the asset type. For landing gears, APU‘s, Engine Stands there is generally just a single monthly payment. For aircraft & engines then there is a fixed monthly rent payment and then a variable payment depending on the utilisation of the asset. Depending on the age of the asset, length of lease & credit rating of the lessee, then the variable payment is either paid monthly (older assets, worse credits) or from a large end of lease adjustment payment (newer assets, better credit).

 

Also, depending on your needs, Magnetic Trading and Magnetic Training offer an extension and come with smart management, helping airlines with cost-effective solutions, or can help your team gain on-hand professional and technical skillset. 

What Is the Importance of Maintenance for the Airlines Industry? The blog was first posted on Article Entry