(MENAFN) Dubai Emirates SkyCargo announced the launch of its cargo services to Budapest, the capital of Hungary, which will result in strengthening its operations in central Europe which already has an extensive worldwide network of more than 140 destinations, Emirates 24/7 reported.
Emirates Sky Cargo said that Budapest, which has one of the largest economies in central and Eastern Europe, will be serviced with a daily flight operated with a wide-body Airbus A330-200, offering 168 tons of cargo capacity per week.
"The launch of a daily flight to Budapest will give us an expanded footprint in central Europe, and will complement our cargo services into Warsaw, Prague and Vienna. Trucking services can also feed offline markets in the region through Budapest, and onto our flight to Dubai, for further distribution across our network," Emirates Vice President, Cargo Commercial, Europe and Russia said.
Emirates said that this new service will offer a world of new trading opportunities for businesses in Hungary and across their network, especially the automotive industry which accounts for about 18 percent of total exports from the country, as well as exports to the UAE, which is Hungary's largest Arab trading partner with annual trade between the two countries at around USD1.2 billion.
Hungary's top exports are machinery spare parts, hi-tech equipment and electronics and spare parts for land vehicles, which comprise about 70 percent of the exports, while the remaining 30 percent are divided among industrial consumables, such as manufactured pipes, semi-manufactured steel and water/air pumps, food and beverage, generators and chemical products.
Meanwhile, Hungary's imports are dominated by semi-conductors, telecommunication devices and components and audio and video products, which make up more than 70 percent of the import market.
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