Air cargo options agency Magma Aviation reports that it made important progress in phrases of general progress and expansion in 2024.
With its strategic hubs in Europe and expansions in Dubai and Dublin, Magma Aviation is well-positioned to make substantial enhancements in operational effectivity and market protection.
Last 12 months, Magma Aviation signed a multi-year contract with Worldwide Flight Services (WFS) for freighter dealing with at Belgium’s Liege Airport (LGG) with the purpose of enhancing dealing with capabilities.
In addition, the corporate additionally added narrow-body plane to their fleet, marking a major step in diversifying and optimizing their operational capabilities.
Moving into new headquarters
To capitalise on leasing alternatives the corporate opened a brand new international headquarters in Dublin.
Furthermore, Magma Aviation opened an extra workplace in Dubai to strengthen its industrial presence in the East and entry new markets.
Magma Aviation CEO Peter Kerins stated: “2024 was a very exciting and challenging year for us. We set out on a plan to make the most of the resources we were using. This will continue as we grow, but the one thing we introduced, and which we always keep in mind, is being quick to adapt. Considering the growth of Magma Aviation over the years, I think the strength has been our people. Our team are experts in what they do.”
Last 12 months the air cargo business noticed an 11.3 p.c improve in demand in comparison with 2023, reaching document volumes.
Tale of the tape
Cargo capability elevated by 7.4 p.c in 2024 in comparison with the earlier 12 months, with worldwide operations up by 9.6 p.c.
With market progress and the corporate’s strategic purpose for expansion, Magma Aviation determined to signal a contract with WFS for freight dealing with providers at Liege.
Kerins explains: “We needed bandwidth in our handling partner in Liege as we proceed with our five-year plan. WFS was the perfect choice.”
With regard to Magma Aviation’s new international headquarters in Dublin, Kerins identified that the Irish capital is a world aviation hub.
He stated: “This allowed us to start developing better relationships with leasing companies. Approximately 50 percent of the world’s aircraft are leased from Ireland. To grow the company’s network, it is essential to strengthen our position here as new, more efficient, long-range aircraft come to market.”
Likewise, the corporate’s new workplace in Dubai was set as much as help its elevated operations and rising demand in the Middle East.
The resolution to open an workplace in Dubai was an integral a part of Magma Aviation’s international expansion technique.
According to Kerins: “Due to Dubai’s strategic central location, it is a well-connected hub from which we can access new markets. This allows us to manage the existing African and Middle Eastern routes, while focusing on expanding our presence in Southeast Asia, the Indian Subcontinent, and China.”
