Thursday, 24 January 2013

Cargo airlines meet to discuss investment in IT systems


Thiruvananthapuram, Jan 24:  
Representatives of leading global freighter airlines have assembled here for a two-day brainstorming session beginning Thursday.
The meeting would discuss key issues currently shaping the fortunes of the global air cargo industry, a spokesman of IBS Software Services, hosts of the event, said here.
CRUCIAL ISSUES
IBS is a leading player providing solutions for the travel, transport and logistics sector and is based at Technopark here. Industry stalwarts will share insights on critical challenges facing the industry and focus on how advancements in technology could be leveraged to optimise costs and improve yields. Other topics of discussion include digitisation of air cargo supply chain, ‘Cargo 2000’ (quality standards for supply chain) and implementation of e-freight. These topics assume significance in the context of a two per cent decline in air cargo traffic worldwide during 2012 and the need to reign in costs.
MAJOR AIRLINES
The conference would see the coming together of over 30 senior executives, the spokesman said. Apart from global head of logistics from Air Astana, other airlines being represented include All Nippon Airways, British Airways, IndiGo, International Air Cargo Terminal, Lufthansa Cargo, Nippon Cargo Airlines, Qantas Freight, South African Airways and Turkish Cargo.
FUNDAMENTAL CHANGE
The two-day session here is expected to make a clarion call for the entire air cargo industry to make investments in new IT systems to bring about a fundamental change in the way business is done. This is not only critical to make air cargo industry more profitable but also to make cargo movement paperless, something which the industry body IATA aims to achieve by 2015.
http://www.thehindubusinessline.com/todays-paper/tp-logistics/cargo-airlines-meet-to-discuss-investment-in-it-systems/article4341458.ece

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