A MAJOR new cargo hub at Newcastle Airport could boost the North East economy by up to £165m a year.
The 750,000 sq ft site, named AirLink, will serve as a key hub for cargo operators, freight forwarders, and ground handling agents.
The site’s new name was unveiled at MIPIM, a four-day property and investment conference in Cannes, France.
The development is being brought to market by the airport, in conjunction with its commercial property partner Naylors Gavin Black.
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AirLink was among several new development sites to be showcased at the event by the Airport, Newcastle City Council and Invest Newcastle.
Alice Andreasen, chief sustainability and communications officer at Newcastle Airport, said: “AirLink is a landmark development that could create high-quality jobs, generate millions for the local economy and unlock new opportunities for businesses.
"Presenting this project at MIPIM has been an incredible opportunity to showcase the North East’s vast potential on a global stage and reinforce its status as a prime destination for investment.
"We look forward to working with Newcastle City Council to bring AirLink to life, further strengthening the region as a major hub for international trade and economic growth."
Once built, it is said AirLink could generate up to 1,400 direct jobs, with an additional 1,200 roles being created through supply chains and with business partners.
The development is set to play a crucial role in supporting the airport’s growing cargo operations, which achieved a record high of handling over 6,000 tonnes in 2024.
The search for businesses to occupy AirLink is already underway.
A planning application is due to be submitted later this year and the Airport has a preferred developer for the site.
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