Fraport inks pact with Swissport for air cargo warehouse
April 24, 2018: Fraport AG and Swissport signed a long-term lease agreement for a new air cargo facility for Swissport in CargoCity South at Frankfurt
April 24, 2018: Fraport AG and Swissport signed a long-term lease agreement for a new air cargo facility for Swissport in CargoCity South at Frankfurt Airport (FRA). The facility will consist of 16,900 square meters, with an additional 2,260 square meters for office and social space. The construction is slated to begin in 2019.
In the beginning of the third quarter of 2020, the completion and handover to Swissport Cargo Services Deutschland GmbH will be done. This modern air cargo facility is designed for flexible usage in accordance with the latest industry standards. "Thanks to the excellent location in CargoCity South and a flexible design, this new warehouse will allow Swissport to meet and continually optimize air freight handling requirements. Therefore, the innovative facility will provide Swissport with long-term growth opportunities at Frankfurt Airport,” explained Christian Balletshofer, senior VP of real estate at Fraport AG.
Willy Ruf, senior VP of Swissport Germany, Austria & Switzerland, said, “Swissport is committing a double-digit million euro amount towards the new facility at Frankfurt. Infrastructure plays a key role in optimising our service delivery and reaching the ambitious efficiency and reliability goals for our clients around the world.”
Frankfurt Airport’s CargoCity South is an internationally renowned freight location and is recognised as a world-class example of how to develop a successful logistics hub.