Incheon International Airport, the world's second largest international cargo airport and home base of Korean Air, the world's biggest cargo airline has been chosen to host The International Air Cargo Association's (TIACA) International Air Cargo Forum & Exposition in 2014.
The airport is the biggest gateway located at the center of the fastest growing Northeast Asian market currently generating 20% of world GDP and 27% of the world logistics volume. Incheon handles 81% of Korea's total air cargo and 25% of the country's total trade volume.
Handling more than 2.42 million tons of air cargo a year, the airport has ambitious growth forecasts to increase cargo handling capacity to seven million tons per annum by 2020, supported by continued growth in its freight infrastructure. Since commencing operations in 2001, Incheon's cargo business has achieved cumulative annual growth of 9% while aircraft movements have climbed 16% per year.
TIACA's International Air Cargo Forum & Exposition will be hosted in the magnificent COEX convention center located in the World Trade Centre Complex in Seoul.
Ulrich Ogiermann, Chairman of TIACA, said: "We are proud that Incheon International Airport wants to bring TIACA's Air Cargo Forum to Seoul in 2014 and we know this will be a popular choice for the thousands of delegates and hundreds of exhibitors that will participate in the event. We know executives in the air cargo industry prefer to attend events in the major cargo capitals of the world so Incheon International Airport is a first class host that is setting a benchmark for cargo gateways around the world."
Incheon Airport expressed its great expectations for hosting one of the biggest events in the air cargo industry. C W Lee, President and CEO of ICN, said: "This will be the first time that a world-class air cargo event has been hold in Korea. Incheon Airport has rapidly grown into the number two airport in the world in terms of international cargo throughput but we want to further increase the airport's recognition across the air cargo industry in this era of branding and marketing. We want to promote and communicate our infrastructure and high service levels to as many people as possible and hosting the TIACA ACF & Exposition 2014 means Incheon Airport and Korea's air cargo industry will welcome industry leaders from across the globe. It will be a golden opportunity for ICN and the Korean air cargo industry to see the strong business connections we are building with industry participants all over the world."
TIACA's last ACF in Kuala Lumpur in 2008, hosted by MASkargo, attracted some 3,000 air cargo industry visitors from all over the world as well as 218 exhibitors representing all areas of the air cargo supply chain, including 68 airlines.
Prior to 2014, the biennial event will be hosted by Amsterdam Airport Schiphol in 2010 (November 2-4) followed by Atlanta in 2012 when TIACA celebrates 50 years of its International Air Cargo Forum & Exposition. Exhibitors, forum delegates and exhibition visitors represent airlines, freight and logistics organizations, express and courier companies, shippers, airports, GSAs and ground handling agents, trucking companies, technology and equipment providers and the media.