Magma Aviation plans to expand its fleet with the addition of a new Boeing 747 freighter in late 2025, aiming to enhance capacity and service offerings for existing and new clients. CEO Peter Kerins emphasized that this acquisition is pivotal for the company’s growth strategy, allowing for increased efficiency and diverse cargo capabilities. The company aims to triple its fleet by 2030, utilizing a mix of wide-body aircraft. This expansion is expected to improve supply chain resilience for clients in various industries, ensuring better service and market access.

Source: https://www.stattimes.com/air-cargo/magma-aviation-adds-new-boeing-747-freighter-to-fleet-1356616