Vienna Airport signs agreements with Incheon Airport, Korean Air

Vienna Airport has laid the groundwork for handling growing air cargo volumes in collaboration with Incheon Airport in South Korea and Korean Air.

"Intensified joint marketing development activities and designing of optimal cargo services should serve to meet the increasing demand for air cargo capacities between both economic regions. Vienna Airport signed the corresponding agreements with Incheon Airport and Korean Air during a visit to Seoul," says an official release from Vienna Airport.

Julian Jäger, Joint CEO and COO, Flughafen Wien (Vienna Airport) says: “We see an enormous opportunity to further expand our position as the leading air cargo hub to Asia. Korean Air’s decision to increasingly operate cargo flights to Vienna underlines the attractiveness of Vienna Airport and strengthens the economic development of our region. The expansion of our infrastructure is a decisive factor in fulfilling the growing demand for global air transport services between Europe and Asia and offering first-class services for the benefit of our customers."

The newly signed memorandum of understanding with Incheon Airport is an important pillar of Vienna Airport’s Asian strategy and will contribute to further strengthening its position in the region as well as establishing the airport as a high-performance air cargo hub in Europe for transporting goods between Asia and Europe, the release added. "The common objective is to build up a partnership and benefit from each other’s expertise through reciprocal knowledge sharing in areas of relevance to air cargo, such as handling processes and logistics systems."

An agreement to expand the existing partnership was also concluded in Seoul with Korean Air, which has already been leveraging Vienna Airport’s position as a gateway to Central and Eastern European markets for two decades, the release added. "In this case, plans call for implementing joint marketing initiatives and an intensified transfer of know-how to strategically target freight forwarders and shippers and win them over by offering customised services. The relevant agreement between Vienna Airport and Korean Air was signed in Seoul on February 20, 2024. Korean Air has been regularly operating air cargo flights to Vienna since 2004."

Total air cargo volume at Vienna Airport was 245,009 tonnes in 2023. The Vienna listed airport operating company Flughafen Wien is one of the largest employers in the region with more than 5,400 employees., the release added.