Budapest Airport posts handles 127,145 tonnes of air cargo in 2017
March 12, 2018: During 2017, Budapest Airport handled a record 127,145 tonnes of air cargo, registering a jump of 13.4 percent compared to the previous year, and 39.1 percent registered in 2015.
The Hungarian hub ended the year with a balanced market share, with imports at 47.8 percent, and exports at 52.2 percent.
Between January and February 2018, the airport handled a record 21,750 tonnes of air cargo, up by 17.4 percent compared to the same period last year.
“Our cooperation agreement with STO Express and EKOL last year is a testament to our continuous commitment towards strengthening links between China and the European Union,” said Rene Droese, director business unit property and cargo, Budapest Airport.
“As a result, we were designated as a preferred hub for air cargo by STO Express. Similarly, we expect growth in e-commerce at Budapest Airport,” said Droese.
“Thanks to our development programme, we will be able to cover the entire cargo catchment zone, from Ukraine to the Czech Republic, and from Poland to Bulgaria, where the relevant air cargo industrial production is booming,” he said.
Budapest Airport has leveraged a strong belly cargo network, with LOT Polish Airlines set to launch two flights per week to Chicago, and four flights per week to New York, and American Airlines is set to commence a daily service to Philadelphia, creating direct links between the USA and Hungary.
“We expect further growth of 20,000 tonnes of belly cargo capacity annually, thanks to the increase in belly capacity on flights from Qatar Airways, LOT Polish Airlines, and American Airlines,” said Droese.
As part of its 2020 development programme, the Central European hub commenced two new 16,000 square metre facilities in 2017, with an investment of EUR160 million.
According to the airport, a 20,000 square metre dedicated freight centre, called Cargo City, is expected to be handed over during the second quarter of 2019. The airport further plans to expand its cargo handling capacity to 250,000 tonnes every year.