Home > Overseas Investment News > Budapest airport signs agreement with aviation investment firm from China
Budapest airport signs agreement with aviation investment firm from China
2019-05-26
Brief:Budapest Airport offers the ideal location for transporting goods between Europe and Asia.
Budapest Airport had signed an agreement with China's Henan Civil Aviation Development and Investment Co Ltd (HNCA) in the framework of the Belt and Road Initiative (BRI), the airport announced here on Saturday in a statement.
 
"The cooperation agreement signed with the HNCA is the next big step in intensifying cooperation with our Chinese partners and making Budapest Airport the leading cargo hub in Central Eastern Europe," Jost Lammers, CEO of Budapest Airport, said after the signing ceremony, quoted by the statement.
 
The framework for future development, cooperation and exchange of information was laid down in the agreement signed by Budapest Airport and HNCA in the presence of Tamas Menczer, state secretary from the Hungarian Ministry of Foreign Affairs and Trade.
 
"Budapest Airport offers the ideal location for transporting goods between Europe and Asia," Lammers said.
 
Direct links were laid down in April 2019, when the first flight between Zhengzhou and Budapest was launched by Luxembourg's Cargolux cargo airline, according to Budapest Airport.
 
Since then, a cargo flight operated twice a week with a 100-ton capacity Boeing 747 connecting the capital city of Henan Province Zhengzhou, and Hungary.
 

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