BUD Cargo City Building Construction Completed
Only nine months after the start date, Budapest Airport confirmed construction for the largest BUD Cargo City building has been completed and was celebrated with a topping out ceremony earlier this week.
“The topping out ceremony marks another important step towards the opening of BUD Cargo City, which will cement our position as the air cargo hub for Central and Eastern Europe”, said Rene Droese, Chief Property and Cargo Officer. “Since record-breaking air cargo volumes and growth in 2018, handled volumes have remained stable at BUD this year, bucking the industry-wide trend for 2019.”
As part of Budapest Airport’s dedicated freight terminal, builders diligently worked on the outer structure of two warehouses covering 21,600 m2 within nine months of beginning construction. Next steps will move construction to completing the interior space.
Additionally, Budapest Airport confirmed BUD Cargo City will provide new parking positions for simultaneously handing two Boeing B-747-8F aircraft with the addition of a 11,200 m2 forwarder building and a 32,000 m2 concrete apron.
“The pre-leasing ratio of BUD Cargo City demonstrates a clear demand for high-quality facilities, and we believe that with all efforts and steps to create an ideal home for air cargo at BUD, we will attract much more cargo from our catchment zone in the future than today,” said Droese.