Representatives of leading freighter airlines assembled in Singapore last week to share insights and discuss key issues shaping the global air cargo industry.
The ‘Conventus’ conference was organised by the city-based IBS Software Services, a leading IT solution provider to the aviation industry.
PLUNGING PROFITS
Set against the background of plunging profits, the meeting discussed critical challenges and how advancement in technology could be used to tide over them.
Also discussed was the importance of re-defining the relationship between the aviation and the IT sectors to prevent loss in investor returns (yield erosion) and improve sales generated from invested assets (asset utilisation).
Other topics included future proofing air cargo movement; digitisation of the air cargo supply chain; implementing e-freight; and growth through value.
Top officials of the airline industry body, IATA, also participated in the discussion that had over 40 senior executives, including global heads of logistics of freighter airliners, as delegates.
LEADING PLAYERS
Among those represented were Qantas, Lufthansa, South African Airways, British Airways, All Nippon Airways, Nippon Cargo Airlines, Hawaiian Airlines, Indigo, IACT, Malaysia Airlines, Turkish Airways and Bangkok Airways.
During the event, IBS presented ‘iCargo Oscars’ to All Nippon Airways for excellence in IT strategy.
Other winners were Qantas for business transformation and innovation; and Nippon Cargo Airways for pioneering iCargo.
“Such meetings foster shared vision and are critical for redefining industry best practices,” said Mr Sudhir Joshi, IT services and on-line channels, Qantas Freight, and chairman of teh IBS Cargo Forum.
“Participant interest was so overwhelming that we are encouraged to hold these meetings more frequently,” said Mr Sankalp Saxena, President and Global Head, aviation operations services, IBS.
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