This arrangement will bring the scale of co-operation between two companies to the next level of development, boosting air cargo volumes of ABC to/from the airport and placing Liege airport among the top five cargo airports in Europe by 2020.
The agreement comes as a logical extension of Memorandum of Understanding, which was signed between Liege airport and Volga-Dnepr Group earlier this year, and will contribute to the development of the regional economy in general, creating numerous amounts of jobs and favouring growth of air cargo sector, and the airport development in particular, heating up cargo infrastructure and freight flows to and from the airport.
Under new agreement AirBridgeCargo will lease warehouse premises for the total area of 25,000 square metres for effective and seamless cargo operations in the airport. The investment amounts to €25m and includes 2,000 square metres of office space to guarantee smooth daily flight management.