Swissport International has signed a long-term lease agreement with airport operator Fraport to build a new air cargo warehouse at Frankfurt Airport’s CargoCity South.
The new 16,000 square metre cargo facility will be the third largest in Swissport’s global network of 133 air cargo warehouses. Construction is due to start in 2019, with the facility handed over to the cargo handler in 2020.
Fraport is developing a state-of-the-art cargo warehouse in CargoCity South, with a planned completion and handover to Swissport Cargo Services Deutschland in the third quarter of 2020.
Swissport Germany, Austria & Switzerland senior vice president, Willy Ruf said: “Swissport is committing a double digit million Euro amount towards the new facility at Frankfurt Airport. Infrastructure plays a key role in optimising our service delivery and reaching the ambitious efficiency and reliability goals for our clients around the world.”
Swissport said its new warehouse will be tailored to the requirements of modern air cargo handling. The prime location at Fraport’s CargoCity South and the advanced design of the warehouse, which is in line with latest industry standards, and enable it to map its future growth at Frankfurt Airport and to implement optimised cargo handling processes.
Fraport senior VP of real estate, Christian Balletshofer added: “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.”
CargoCity South at Frankfurt Airport is spread over 98 hectares with more than 200 companies and authorities based here. It boasts over 300 flight connections worldwide from the Frankfurt hub.