Freight airBaltic to build cargo hub at Riga Airport

Latvian carrier airBaltic has announced, that it intends to establish a cargo hub at Riga Airport.

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airBaltic and Riga Airport have announced to have signed a land reservation agreement for building a new Baltic Cargo Hub at the airport. The facility could become the largest dedicated air cargo handling facility in the Baltics.

Back in November of 2020, airBaltic won the tender for the rent of land and construction for a multimodal logistics centre that was issued by Riga Airport. Initial plans show, that the Baltic Cargo Hub will be 6000m2 large.

It is currently planned, that construction work for the new cargo hub will begin in late 2022. By early 2024, construction works are expected to be finished. To build this new cargo centre shows, that airBaltic wants to strengthen its position in the market even more.

Martin Gauss, Chief Executive Officer of airBaltic, commented: “For years airBaltic Cargo has provided essential mail and cargo shipments to and from Latvia, using the existing hangar. However, the hangar will be demolished to make room for the Rail Baltica track. The new Baltic Cargo Hub will enable the company to handle more than 30 000 tonnes of cargo each year.”

Chairperson of the Board of Riga Airport Laila Odiņa, added: “I am pleased that we will be able to work with the national airline in the development of the Airport's air cargo centre RIX Cargo City. The volume of belly cargo forms a significant part of cargo carriage at Riga Airport, and airBaltic is the largest carrier of this type of cargo. The construction of a new cargo handling centre will help increase the volume of cargo handled at Riga Airport and will benefit both the Airport and airBaltic.”

The Latvian airline has also announced, how the project will be financed, the carrier stated, that it will be paid through banks and will be, once fully finished and opened, operated by Baltijas Kravu centrs SIA, the cargo handling subsidiary of airBaltic.

airBaltic was established in 1995 and is currently operating passenger services to over 70 destinations in Europe, the Middle East and the CIS. The fleet currently consists of 25 Airbus A220-300 aircraft.

Source © airbaltic.com

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