Technology the key to smoother cargo operations at Budapest Airport
Budapest Airport (BUD) chiefs say they are looking to technology to leverage the opportunities for ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
Well, this is an interesting development: Budapest Airport, which, pre-Covid, was pushing its cargo credentials and has invested €46m in BUD Cargo City, is in the acquisition sights of a group linked to controversial prime minister Viktor Orban. Currently owned by GIC, Singapore’s sovereign wealth fund, a Canadian pension fund and AviAlliance, it is not up for sale, but – as The Loadstar notes today – times are tough and investment is not forthcoming for the sector. But there may be some reticence to the idea of selling to Orban or his pals…Bloomberg reports.
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