Establishes an office in Dubai
In 2024, Magma Aviation, the innovative air cargo solutions company, made significant progress. With its strategic hubs in Europe and expansions in Dubai and Dublin, Magma Aviation is well-positioned to make substantial improvements in operational efficiency and market coverage, according to a press statement.
Last year, Magma Aviation signed a multi-year contract with Worldwide Flight Services (WFS) for freighter handling at Liege Airport (LGG) with the aim of enhancing handling capabilities. Furthermore, Magma Aviation has opened an additional office in Dubai to strengthen its commercial presence in the East and access new markets.
“2024 was a very exciting and challenging year for the Magma Aviation. 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,” stated Peter Kerins, CEO, Magma Aviation.
Increase in demand
Last year the air cargo industry saw an 11.3% increase in demand compared to 2023, reaching record volumes. Cargo capacity increased by 7.4% in 2024 compared to the previous year, with international operations up by 9.6%.
“We have established our global services here because Dublin is a global aviation hub. This has allowed us to start developing better relationships with leasing companies,” added Kerins.
Last year Magma Aviation also established a new office in Dubai, UAE, to support its increased operations and growing demand in the Middle East. The decision to open an office in Dubai was an integral part of Magma Aviation’s global expansion strategy.
