Budapest Airport (BUD)

Budapest Airport, Hungary, is a swiftly developing international air cargo hub servicing 45 airlines, with a throughput of 146,113 tonnes of cargo in 2018.

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Budapest Airport continues double-digit cargo growth rate and sets new records


Budapest Airport continues strong growth trajectory for air cargo flown through the hub, as construction progresses on its new Cargo City development

Budapest, Hungary, Tuesday 20th November 2018 – Budapest Airport (BUD) is celebrating a new all-time-high record after processing a total of 13,313 tonnes of airfreight at the Hungarian hub last month, its largest figure ever for the month of October.

The figure, which represents both trucked and flown freight, is a 22.9 per cent increase when compared to the same period in 2017, and is only the latest development after several years of strong double-digit growth at BUD.

The period from January 2018 to October 2018 saw a 16.3 per cent year-to-year increase in air cargo processed at BUD, amounting to a total of 120,603 tonnes.

“As of today, our figures for 2018 have already overtaken the entire year of 2017, when we processed 127,145 tonnes of airfreight at BUD, which was our highest yearly amount on record,” said René Droese, Executive Director Property and Cargo at Budapest Airport.

“Airfreight volumes at BUD continue to grow at an impressive rate, and we will soon be reaching yet another milestone as our 12 months’ volume, currently at 144,017 tonnes, approaches an unprecedented 150,000 tonnes,” he added.

Between 2015 and 2017 air cargo traffic volume at BUD increased by 39.1 per cent.

“This growth proves how vital our new Cargo City development will be in order to continue coping with increased demand from carriers around the world, and we are excited about the new capabilities this new facility will bring when it opens in the fourth quarter of 2019,” said Droese.

“Construction began in September 2018 and is making swift progress.”

Earlier this year, Budapest Airport launched the €32.6m Cargo City, which includes a 20,000 sq m cargo handling facility and dedicated freighter stands, as part of the BUD:2020 programme.

The development is being set up with the aim of centralising cargo operations at the Hungarian hub and greatly expanding the airport’s handling capacity.

In 2017, the airport opened two state-of-the art express facilities to supply increasing volumes from the express and e-commerce business.

Under the slogan ‘Connect Differently’, BUD is also working closely with Düsseldorf, and Hamburg airports in order to showcase the three airports’ regional cargo operations across Europe and beyond.

ENDS

ABOUT BUDAPEST AIRPORT 

Budapest Airport, Hungary, is a leading international air cargo hub servicing 45 airlines, with a throughput of 127,145 tonnes of cargo in 2017.

The Central European hub is expanding its freight facilities as part of its EUR160 million (HUF50 billion) BUD:2020 Development Programme.

Two new integrator buildings opened in the summer of 2017 measuring over 16,000 sq m.

A dedicated freight centre, called Cargo City, will be handed over in the fourth quarter of 2019, and will handle freighters operated by carriers including AirBridgeCargo, Cargolux, Silk Way West, Turkish Cargo, and Qatar Airways Cargo, as well belly cargo from other airlines, expanding the hub’s cargo handling.

Budapest Ferenc Liszt International Airport is owned by a consortium of Canadian (Caisse de dépôt et placement du Québec, 21.228 per cent) and Singaporean (Malton Investment Pte Ltd., 23.3334 per cent) investors led by AviAlliance GmbH (55.438 per cent).

For more information, please visit bud.hu

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Budapest Airport continues strong growth trajectory for air cargo flown through the hub, as construction progresses on its new Cargo City development

Budapest, Hungary, Tuesday 20th November 2018 – Budapest Airport (BUD) is celebrating a new all-time-high record after processing a total of 13,313 tonnes of airfreight at the Hungarian hub last month, its largest figure ever for the month of October.

The figure, which represents both trucked and flown freight, is a 22.9 per cent increase when compared to the same period in 2017, and is only the latest development after several years of strong double-digit growth at BUD.

The period from January 2018 to October 2018 saw a 16.3 per cent year-to-year increase in air cargo processed at BUD, amounting to a total of 120,603 tonnes.

“As of today, our figures for 2018 have already overtaken the entire year of 2017, when we processed 127,145 tonnes of airfreight at BUD, which was our highest yearly amount on record,” said René Droese, Executive Director Property and Cargo at Budapest Airport.

“Airfreight volumes at BUD continue to grow at an impressive rate, and we will soon be reaching yet another milestone as our 12 months’ volume, currently at 144,017 tonnes, approaches an unprecedented 150,000 tonnes,” he added.

Between 2015 and 2017 air cargo traffic volume at BUD increased by 39.1 per cent.

“This growth proves how vital our new Cargo City development will be in order to continue coping with increased demand from carriers around the world, and we are excited about the new capabilities this new facility will bring when it opens in the fourth quarter of 2019,” said Droese.

“Construction began in September 2018 and is making swift progress.”

Earlier this year, Budapest Airport launched the €32.6m Cargo City, which includes a 20,000 sq m cargo handling facility and dedicated freighter stands, as part of the BUD:2020 programme.

The development is being set up with the aim of centralising cargo operations at the Hungarian hub and greatly expanding the airport’s handling capacity.

In 2017, the airport opened two state-of-the art express facilities to supply increasing volumes from the express and e-commerce business.

Under the slogan ‘Connect Differently’, BUD is also working closely with Düsseldorf, and Hamburg airports in order to showcase the three airports’ regional cargo operations across Europe and beyond.

ENDS

ABOUT BUDAPEST AIRPORT

Budapest Airport, Hungary, is a leading international air cargo hub servicing 45 airlines, with a throughput of 127,145 tonnes of cargo in 2017.

The Central European hub is expanding its freight facilities as part of its EUR160 million (HUF50 billion) BUD:2020 Development Programme.

Two new integrator buildings opened in the summer of 2017 measuring over 16,000 sq m.

A dedicated freight centre, called Cargo City, will be handed over in the fourth quarter of 2019, and will handle freighters operated by carriers including AirBridgeCargo, Cargolux, Silk Way West, Turkish Cargo, and Qatar Airways Cargo, as well belly cargo from other airlines, expanding the hub’s cargo handling.

Budapest Ferenc Liszt International Airport is owned by a consortium of Canadian (Caisse de dépôt et placement du Québec, 21.228 per cent) and Singaporean (Malton Investment Pte Ltd., 23.3334 per cent) investors led by AviAlliance GmbH (55.438 per cent).

For more information, please visit bud.hu

BUD Airport is a great choice as Central and Eastern European cargo hub for all airlines and logistic partners with export – import cargo business in this region. The airport handles a significant and intensively developing cargo traffic (127,100 tons cargo in 2017, 39,1% volume increase in two years), with a continuously expanding cargo network, including more freighter connections, integrators flights and belly cargo routes. Cargo has strategic importance at BUD, and the Management is highly committed to develop this business further and make Budapest Airport an ideal home for the cargo.