FedEx moves to Cologne Bonn
FedEx is planning to shift its Central and Eastern Europe headquarters from Frankfurt airport to Cologne Bonn airport.
The logistics company finalised the move after Frankfurt airport announced an impending ban on flights during the evening.
"We have to make expansions as far as our transhipment capacity is concerned, so that our customers can continue to enjoy top quality service in the future," said Michael Mühlberger, vice president of FedEx in Central and Eastern Europe.
As part of the move, FedEx will open a cargo and sorting centre at Cologne Bonn airport, covering an area of 50,000m2, which will be located in the northwestern end of the airport's cargo terminal. The existing FedEx buildings will be demolished, ready for construction to commence later this year.
"FedEx has always been one of our desired customers and with this move we have managed to win over a worldwide corporation for Cologne Bonn. Now we know that on a long-term basis we can compensate for the setback caused by DHL's move away from Cologne Bonn," said Michael Garvens, CEO of the airport company Flughafen Köln Bonn.
FedEx expects its latest facility to begin operations in 2010, after which a selection of routes will be moved from Frankfurt airport. The move is expected to create 450 new jobs at Cologne Bonn airport, handling approximately 60 flights a week.