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Sep 24, 2018

Phase One of Cargo City in Budapest to be completed next year

Cargo traffic at Budapest Airport has increased by 39 percent over the past two years

Hungary is pushing forward with a new, state-of-the-art air cargo handling facility, which will be available to Budapest Airport’s logistics partners in the second half of next year.

The first phase of Cargo City, on the Vecsés side of Budapest Airport, will be handed over in 2019.

According to reports, the project will cost 32.6 million euros (approximately 10 billion HUF) and is financed entirely by Budapest Airport..

MTI reveals that cargo traffic at Budapest Airport increased by no less than 39 percent over the past two years, reaching 127,145 tons in 2017, and could approach the 150,000 ton threshold this year.

New cargo-only airlines, namely Silkway and AirBridgeCargo, have joined as some of Budapest Airport’s regular partners (Cargolux, Turkish Cargo and Qatar Airways Cargo) in 2018.

As part of the 10 billion HUF investment project, a new 20, 000 square meter logistics warehouse will be built, with office spaces, as well as 32,000 square meters of apron areas, able to accommodate two 400-ton Boeing B-747-8F aircraft, each with a cargo payload of 100 tons.

The project is financed by Budapest Airport, and is part of the five-year BUD 2020 airport development plan, in which the airport operator is spending approximately 160-180 million euros (55-60 billion HUF) of its own resources to modernize airport infrastructure.