Budapest Airport welcomes Kuehne + Nagel ahead of Cargo City construction

Budapest, Hungary, Monday, 11th June 2018 – Budapest Airport has welcomed Kuehne + Nagel, one of the leading logistics companies worldwide and the market leader in Hungary, to its cargo community, ahead of the construction of Cargo City, a new dedicated freight centre, which will commence this summer.

Kuehne + Nagel representatives have leased warehouse and office space at the Central and Eastern European airport to benefit from being as close to airfreight operations as it is physically possible, with employees joining the airport community in Budapest as of 1st July 2018.

As an integral part of the EUR160 million (HUF50 billion) BUD: 2020 Development Programme, Budapest Airport is investing in the development of its cargo business.

The Hungarian hub has all the favourable conditions for growth of all-cargo flights, operated by carriers including Cargolux, Turkish Cargo, and Qatar Airways Cargo, as well as belly cargo operations. Belly cargo flights are boosted by four new North American routes this summer, connecting New York, Chicago, and Philadelphia, USA and Toronto, Canada to Budapest, offering capacity of up to ten tonnes on each flight.

The Kuehne + Nagel air freight division in Hungary will closely monitor all the developments at Budapest Airport, having a widespread operational basis for special or high-value cargo shipments of goods, such as pharmaceutical products.

“We warmly welcome our partners in the forwarding business, joining our Cargo City community. I believe that this first warehouse and office space lease agreement is just the beginning of a long relationship between Budapest Airport and Kuehne + Nagel,” said René Droese, director property and cargo at Budapest Airport.

“I look at forwarder companies as our closest strategic partners in developing our cargo route network. Jointly, we can bring the right cargo airlines with the right capacity and flight frequency to Budapest. We can also further develop our logistics capacities according to the needs of our partners, based on the latest technological developments. Being close to cargo operations is not only a question of convenience, but also an important factor in keeping costs under strict control.”

László Szabó, national air freight manager for Kuehne + Nagel Hungary said: “As the leading air freight forwarder in Hungary, we are aiming to find the best solutions, in order to continuously maintain our existing high level of service.”

“We believe that keeping our fingers on the pulse of our customers’ business helps us to react rapidly and meet all of their expectations, for example, new direct overseas services to Philadelphia, Chicago or New York. This is why we are excited to partner with Budapest Airport.”

Budapest Airport opened two major integrator facilities in the summer of 2017, with Cargo City’s handover planned for summer 2019.

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Budapest Airport has welcomed Kuehne + Nagel, one of the leading logistics companies worldwide and the market leader in Hungary, to its cargo community, ahead of the construction of Cargo City, a new dedicated freight centre, which will commence this summer.

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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, up 13.4 per cent on 2016.

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 building square meters.

A dedicated freight centre, called Cargo City, will be handed over in the second quarter of 2019, and will handle freighters operated by carriers including Cargolux, Turkish Cargo, and Qatar Airways Cargo, as well as belly cargo from other airlines, expanding the hub’s cargo handling capacity to 250,000 tonnes per year.

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