Budapest Airport gets its third terminal!

The developments of Budapest Airport could reach EUR 1 billion this year as despite the coronavirus epidemic and the severe lack of passengers the leadership of the airport does not give up on building a brand-new terminal and proceeds with other developments.

• Budapest Airport

Mfor reported that the new contract with the consortium of the airport includes building a new terminal and making the already used buildings, lounges and other parts of the airport more modern and passenger-friendly. Alongside with interior developments, the airport also plans to create a brand new traffic hub with more roads, parking spaces and even a station where the so-called airport-train could depart passengers. Since 2018, the number of parking spaces has been increased, but because of the epidemic, the airport closed down many of them. 

All of these investments value between EUR 800 million to 1 billion. An additional EUR 200 million from the European Investment Banks has not been used yet. 

The original intention of the airport was to spend a maximum of EUR 700 million on the investments. When the coronavirus epidemic broke out both the company and the consortium needed to rethink the situation. They agreed on the fact that the capacity and service development of the airport is currently enough for the number of passengers travelling during the epidemic. They postponed all the significant investments to next year but still continuously go on with the already started ones this year.