[030118.EN.AIR] AXXUS Capital to Build New Cargo Centre at Copenhagen Airport

COPENHAGEN Airport (CPH) has awarded a contract to German developer AXXUS Capital to build a new 20,000-square metre cargo centre, reports London's Airport Technology.

The new cargo centre to be completed in two years will be built with an investment of DKK300 million (US$47.8 million).

The facility will be located in the vacant space in the airport's cargo area with direct access to the airside.

"Air cargo is vital for a major international airport such as CPH, so it's been important for us to find a partner that can both improve and develop our cargo services," said airport chief commercial officer Peter Krogsgaard.

"We've found that partner in AXXUS, which is a specialist in developing air cargo facilities," he said.

"Air cargo is vital for a major international airport such as CPH, so it's been important for us to find a partner that can both improve and develop our cargo services."

A large proportion of cargo is flown in baggage holds of passenger aircraft as belly cargo, especially on the long-haul intercontinental air routes.

"This cargo can make up more than 10 per cent of revenue on a route. Today, belly cargo accounts for 40 per cent of the total tonnage at CPH and is up seven per cent this year."

Said AXXUS Capital CEO Markus Wolf: "The new cargo centre will have state-of-the-art technology and support both automated and manual processes.

"In terms of safety, it will be of the highest standard with separate areas for all safety levels, and there will also be optimal conditions for refrigerated facilities, which are vital for many customers in, for example, the pharmaceutical industry," said Mr Wolf.

Source : HKSG.