Europe-cargo: more and more synonymous of record growth.

Brussels Airport Company (BAC) announced a €100m-investment in new logistics facilities.

“Brussels will remain a crucial hub for air transport and the logistic chains in Europe, at the service of many hundreds of companies in our country”. Chief executive of BAC, Arnaud Feist, explained that the investment is of huge importance to the country’s logistics plans.

“It is also an objective” added “to offer more support to the many companies who work through air cargo transport, enabling them to more easily import and export their goods from and to the whole world.”

 Not only Brussels reached record results. Other European air cargo gateways continue to gain ground.

Budapest Airport recorded 13.4% growth over the course of 2017, handling in excess of 127,000 tonnes of cargo, with January and February 2018 figures continuing to show “record” momentum.

The gateway’s commitment to strengthening links between China and the EU played an important role in this growth, being designated the preferred hub for air cargo by STO Express.

The Central European hub opened two new express facilities in the summer, totalling 16,000sq metres. So in the first two months of 2018, just shy of 22,000 tonnes were handled (up 17.4% year-on-year), and capacity will only grow further with new cargo services from Lot and American Airlines due.

Finally, moving  to London, Heathrow continues to call for a new runway after claiming its 19^th consecutive month of record growth is putting further strain on UK supply chains.

February cargo volumes at the London gateway were up 5% year-on-year to more than 133,000 tonnes, and 6% ahead of January.

A new analysis shows six of Britain’s key trading routes (Shanghai, Tokyo Haneda, Mumbai, Los Angeles, Dubai and Delhi) – accounting for nearly 20% of the trade through the airport – are already full.