Magma Aviation expands and enhances operations in 2024
In 2024, Magma Aviation, an innovative air freight solution company, made great progress. Through its strategic centers in Europe and Dubai and Dublin expansions, Magma Aviation is in a good position to make significant improvements in operational efficiency and market coverage.
Last year, Magma Aviation signed a multi -year contract with global aviation services (WFS) to charge shipping at Liege Airport (LGG) with the aim of enhancing handling capabilities. In addition, the company also added tight body aircraft to its fleet, which represents a big step in diversifying and improving its operating capabilities. To take advantage of rental opportunities, the company has opened a new global headquarters in Dublin. Moreover, Magma Aviation has opened an additional office in Dubai to enhance its trade presence in the East and reach new markets.
“The year 2024 was exciting and full of challenges for Magma Aviation. We have begun in a plan to achieve the maximum benefit from the resources we used. This will continue with our growth, but the only thing we have provided, which we always take into account, is to adapt.
Last year, the air cargo industry witnessed an increase in demand by 11.3 % compared to 2023, reaching record sizes. The shipping capacity increased by 7.4 % in 2024 compared to the previous year, with international operations increasing by 9.6 %.
With the growth of the market and the strategic ambition of the expansion, Magma Aviation decided to sign a contract with WFS for shipping processing services in Liege. “We needed to display the frequency range in our hand -in -handing partner in Liege and we are progressing in our 5 -year plan. WFS was the perfect choice,” Kerins commented.
Regarding the new global headquarters of Magma Aviation in Dublin, the CEO explained: “We have created our global services here because Dublin is a global aviation center. This allowed us to start developing better relationships with rental companies. About 50 % of the aircraft that are almost rent to Ireland.
Last year, Magma Aviation has created a new office in Dubai, United Arab Emirates (Emirates),
To support its increasing operations and increasing demand in the Middle East. The decision to open an office in Dubai was an integral part of the global expansion strategy in Magma Aviation.
“Because of the strategic central location in Dubai, it is a good connected center that we can access from the new markets. This allows us to manage the current African and Middle East roads, with a focus on expanding our presence in Southeast Asia, Indian Indian problems, and China,”
We look forward to 2025, growth in demand for air cargo is expected to extend but remains positive, and is estimated at 5.8 %. The global air freight market may continue to adapt to large geopolitical transformations and economic conditions, such as changes in oil prices and world trade dynamics. These factors will affect both demand and planning for capabilities throughout the industry.
This year, the primary goal of Magma Aviation is to use its expanded capabilities to meet the advanced requirements of the global air freight market.
According to KERINS, the market conditions of broad -body shipping companies at the end of 2024 did not make securing the long -term rental deals a applicable option, and this trend is expected to continue until 2025. The company aims to secure several aircraft, it also studies medium -sized charging to support its international B747 flights, with Fleet expanded by Q3/Q 2025.
Regarding the developments in the narrow body network for the year 2025, Magma Aviation CEO said it is important to note that narrow planes require a different sales strategy from long -distance aircraft. This is due to the impact of regional differences and the costs of locating on competitiveness. Although it is able to compete with passengers on a large scale on certain ways, flexibility in placing aircraft and rapid response to customer inquiries is the key. Quote and pricing speed is vital in maintaining a competitive advantage.
When talking about the GSA general sales agent model, Kerin explained: “Magma Aviation has always had a GSA model, or a strategic partner model, on our basic basic methods. We are looking for these partners.”
With Magma Aviation approached the fifteenth anniversary, Peter Kirins noted: “Give the magma
Flying growth over the years, and I think our most valuable origins have always been our people. This started with the founders and was reinforced by Chapman Ferrene over the past few years. Now, with the strength of the Avia Solutions group behind Magma Aviation, the future looks very promising. This is a testimony to the dedication of our employees and our management over the years. “
