News Article Budapest Airport cargo Hungary warehouse
by Property Forum | Industrial

The airport operator company (BA) recovered 75% of its pre-COVID passenger traffic, now extends its cargo complex and prepares for a new terminal building.

Summarizing last year's results, BA informed that the value of developments implemented over the past four years reached HUF 90 billion by the end of 2022. The airport operator continued to prepare for the reopening of Terminal 1 and the construction of Terminal 3.

The doubled and refurbished Terminal 1 should open by summer 2025 at the latest. Meanwhile, preparations for the construction of Terminal 3, the first main segments of which are scheduled to be completed in 2030, also continued over the past year. 

In response to growing demand, the BUD Cargo City is being expanded; Budapest Airport is adding 6500 sqm of warehouses, 1500 sqm of offices, live animal handling and other service facilities, as well as two new aircraft stands to the complex. 

In 2022 12,205,070 passengers used Ferenc Liszt International Airport, 216% more than in the first year of the pandemic (2020) and 164% more than in the second year (2021). The volume of air cargo reached 194 000 tons by the end of the year, breaking all previous records.