The Latvian national airline airBaltic and Riga International Airport have signed a land lease to construct a new cargo hangar Baltic Cargo Hub within the airport’s territory. This hub is planned to become the biggest freight-processing center in the Baltic region, as reported by the airline.
Current plans suggest the total area of Baltic Cargo Hub will be 6 thousand square meters. The plan is to commence construction work at the end of 2022 and finish until 2024.
The project will be financed by banks and managed by airBaltic subsidiary SIA Baltijas Kravu centrs.
airBaltic CEO Martin Gauss: “For years airBaltic Cargo has serviced mail and freight deliveries to and from Latvia using the existing hangar. But this hangar will be demolished to make way for Rail Baltica railway line. The new Baltic Cargo Hub will help the company process more than 30,000 tons of freights every year.”
airBaltic won in Riga International Airport’s tender organized in November 2020 for land lease and multi-modal logistics center’s construction. (BNN/Business World Magazine)