#1: Small and medium-sized airports gain attention from air cargo industry stakeholders
Small and medium-sized airports are gaining increased attention as air cargo industry stakeholders seek alternatives to major congested airports lacking the capacity necessary for these companies’ growing operations. These small and medium-sized airports, including Hungary’s Budapest (BUD), China’s Zhengzhou (CGO) and Malaysia’s Kota Kinabalu (BKI), also often offer companies a strategic node for expansion of their networks.
In Europe and the U.S., several cargo providers, including AirBridgeCargo, have moved their hubs to new airports, while others, like Amazon have avoided operations at major airports, instead choosing the flexibility and capacity offered at less busy airports. Meanwhile, Eastern European Budapest International (BUD) and central China’s Zhengzhou (CGO) have gained new carriers, such as CargoLux, interested in their expansion projects and strategic locations as part of China’s Belt and Road initiative. DHL also recently announced it would invest over U.S. $112,000 to upgrade its gateway facility near Kota Kinabalu International Airport (BKI), located in East Malaysia’s Sabah state, in anticipation of growing cross-border e-commerce and perishable cargo flows in Southeast Asia.
Larger airports, including Hong Kong (HKG), Frankfurt (FRA) and Singapore (SIN), recognize that improved and expanded infrastructure will serve as the crux to alleviating capacity issues and preparing for future growth. As mentioned before, some countries, including China, Turkey and the United Arab Emirates have built second – and even third – airports to alleviate pressures to existing major airports, while others, like Mexico, are also considering adopting this model.