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.

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. Additionally, the company also added narrow-body aircraft to their fleet, marking a significant step in diversifying and optimizing their operational capabilities. To capitalize on leasing opportunities the company opened a new global headquarters in Dublin. 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. Considering the growth of Magma Aviation over the years, I think the strength has been our people. The team in the company are experts in what they do,” said Peter Kerins, CEO of Magma Aviation.

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%.

With market growth and the company’s strategic ambition to expand, Magma Aviation decided to sign a contract with WFS for freight handling services at Liege. “We needed bandwidth in our handling partner in Liege as we proceed with our 5-year plan. WFS were the perfect choice”, commented Kerins.

Regarding Magma Aviation’s new global headquarters in Dublin, the CEO explained: “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. Approximately 50% 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.”

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