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The air cargo market may be experiencing something of a decline at present according to IATA, which recently announced that demand for air freight in 2019 fell to its lowest since the global financial crisis 10 years earlier, but there’s still plenty of confidence in the market.
Inside this issue, for instance, we bring you an update on the €50 million investment at Budapest Cargo City; the dedicated air freight facility opened last November, boosting annual capacity at the Eastern European hub to 250,000 tonnes. The new 32,800m2 facility includes a 21,600m2 handling building, a 11,200m2 forwarder building and a 32,000m2 cargo apron that is capable of servicing two Boeing 747 freighters simultaneously.
We also check in with Delta Cargo and hear all about its innovative plans; these include a raft of new services – in particular the relaunch of its JFK-Mumbai route after an absence
of 10 years – as ...