Press Release

EUR 261 million airport development program at Ferihegy

Budapest Airport to be come the most successful airport in Central and Eastern Europe within ten years

Budapest , 13 June 2007 – The new management of Budapest Airport (BA) today presented its visions and development plans for Budapest Airport. BA will spend more than 261 million EUR on Ferihegy’s development until 2011, and it will comply with all obligations laid down in the privatization contracts.

Budapest Airport will increase the capacity of Ferihegy and will improve the customer services, check-in and security search processes of the airport by significantly developing T2 and T1.

A unified terminal will be built by fusing T2A and T2B, including an Airside Plaza connecting the transit areas of T2A and T2B, which will introduce international brands and high international retail standards.

To serve the airport and Budapest cargo businesses, BA will also build a new cargo base near T2, in Vecsés.

BA will be developed as a self-contained “Airport City” with hotel and conference facilities, car parking, a business and trade park, promoting further economic growth for the region and for Hungary, and creating jobs directly around the airport and indirectly in the Hungarian economy.

Budapest Airport CEO dr. Reinhard Kalenda said: “We have a long-term commitment to develop Ferihegy, the aviation gateway to Hungary. Within ten years, we want to make Budapest Airport the most succesfull airport in Central and Eastern Europe in terms of passenger growth, service quality and operational efficiency and BA will be a key driver of local economic growth for Budapest and for Hungary as a whole.

“We will transfer HOCHTIEF AirPort know-how to Ferihegy. HOCHTIEF AirPort consortium is proud to be here, and we want Hungary to be proud of us.”

Recommended Budapest Airport Transfers are available during the construction programme.

Budapest airport shuttle services above are owned and operated by the group.

Budapest Airport ’s long-term development plans are:

Expanding Terminal 2

BA will expand terminal 2A and 2B, and it will increase check-in capacity, centralize the security checks and increase the number of security gates to ensure a high-level of customer services for passengers.

The terminal airside capacity will also be expanded with two new piers, on which 16 new air bridges will be created.

T2A will serve non-Schengen traffic and T2B will serve Schengen traffic.

As traffic grows, BA will expand Terminal 2 by building T2C, boosting Ferihegy’s capacity to 30 million passengers per year.

Developing Terminal 1

BA has also prepared plans to expand the capacity of Terminal 1, as Ferihegy’s low-cost terminal.

The terminal building will be used for departures only, and a new arrivals hall will be built right next to the terminal.

This will increase the terminal’s capacity and its commercial area as well.

Cargo development

BA will develop Ferihegy’s cargo business by building a new cargo terminal next to Terminal 2.

This will serve both airport and Budapest cargo businesses.

As a priority project, the cargo development starts in 2007 and the first phase will be finished by 2009.

Building a new Airside Plaza

BA will build an Airside Plaza connecting T2A and T2B and merge flows of passengers through the airside retail area, which will have a broad choice of shops, bars and restaurants and will offer a great and relaxing experience for passengers.

This will double the current existing commercial space of the airport, and thus improve BA’s retail businesses.

The departures floor of the Airside Plaza will offer a great shopping experience, the mezzanine floor will offer catering services.

Building a new multi-storey car park

BA will build a new multi-storey car park in front of T2, which will be mainly underground.

This will increase the number of parking spaces.

Airport City Development

BA will establish a self-contained Airport City, a business park within the territory of the airport, in front of Terminal 2.

A 4-star hotel with 300 rooms and conference facilities and a business park with new offices will be built.

This will make Ferihegy the business centre of this region, and this will bring benefits for the local economies.

Developing a commercial park

BA will develop a commercial park next to the Terminal 2 access road.

Users will be from retail and the wholesale sector, and the first user is expected on site from 2009.

Airline marketing and route development

BA will work closely with airlines to develop and expand the current route network in order to increase the airport’s connectivity and promote its position as an aviation hub.

BA will develop a competitive pricing strategy and focus on incentives for new routes and for airlines which support Ferihegy’s growth.

BA will also improve passenger experience and operational efficiency by providing new services and technologies.

For further information please contact:
Domokos Szollár
Budapest Airport
t.: 30/677 45 82

Note to editors:
HOCHTIEF AirPort is one of the world’s biggest private and independent airport managers and investors. HTA is a subsidiary of international construction services group HOCHTIEF. The company has stakes in six airports: Athens, Budapest, Düsseldorf, Hamburg, Sydney and Tirana. In 2006, a total of about 83 million passengers used these airports.