logo
29th OCTOBER 2015  

Rus Aviation banner

Airbridge banner

LifeSc banner

Turkish Cargo banner

Banner_Astral Aviation

Banner_American Airlines cargo

WCS banner

Banner_United Care

Banner_Skyteam

Turkish cargo banner

Air Cargo India banner



publications img

white papers img

Contributors img

showcase products




 

MTU Aero Engines AG with significantly higher revenues and earnings after nine months
yellow line

Munich, October 26, 2015 – In the first nine months of 2015, MTU Aero Engines AG boosted its revenues by 16% to €3,257.0 million (1-9/2014: €2,811.6 million). The group’s operating profit1 grew by 23% to €333.1 million (1-9/2014: €270.9 million), while the EBIT margin rose from 9.6% to 10.2%. Net income2 increased by 30% to €231.4 million (1-9/2014: €178.3 million).

“The favorable U.S. dollar exchange rate has again acted as a tailwind for both our revenues and our earnings. Based on the nine month results, and given the persistently positive market environment and currency situation, we are in a position to reaffirm the targets we set for the full financial year,” said Reiner Winkler, CEO of MTU Aero Engines AG. “In other words, 2015 is likely to be yet another record-breaking year for MTU.”

MTU’s commercial maintenance business recorded the highest increase in revenues for the nine-month period, which rose by 25% to €1,148.4 million (1-9/2014: €920.8 million). The main source of these revenues was the V2500 engine for the Airbus A320.

> read more


Air General Now Runs SmartKargo: 100% Cloud-based Air Cargo Solution Powers Multiple Airlines at 23 Airports
yellow line

SmartKargo, the world’s most advanced air cargo management solution, now powers the air cargo operations of Air General, an established and respected ground handling agent (GHA) in the United States. The SmartKargo team implemented the first phase in near-record time. When built out, SmartKargo will help Air General at 23 U.S. airports, where they handle customers like British Airways, Iberia and Aer Lingus.

Air General has been serving air cargo customers since 1961 and is a high growth, high potential organization that has delivered consistent quality in ground handling. Air General President Patrick Maloney said, “We evaluated many other cargo management solution providers. In the end, SmartKargo came out on top as the most well-balanced, advanced, user-friendly and capable solution. SmartKargo’s 100% Cloud-based solution gives us all the functions we need to run our warehousing and ramp operations. It will be a great tool for us.”

SmartKargo founder and CEO Milind Tavshikar said, “Our work to transform an industry dominated by paper and legacy technology is gaining traction by the day. Air General will lead its ground-handling peers, thanks to SmartKargo’s robust functionality and digital communication with Air General’s airline principals. More and more companies in the air cargo ecosystem are discovering what we deliver: Improved revenues and better customer service. Greater efficiency and more flexibility. And instant information for better decisions.”



Tuticorin CFS Association (TCFSA) & Kale Logistics Sign MoU to create India’s first Container Digital Exchange (CODEX)

yellow line

Mumbai, October 15, 2015: Kale Logistics today announced that it has signed a Memorandum of Understanding (MoU) with Tuticorin CFS Association (TCFSA) to deliver India’s first Container Digital Exchange (CODEX), which will automate the container movement at Tuticorin Port and reduce the container dwell times considerably. As per the MoU, TCFSA and Kale Logistics have agreed to co-operate with a view to provide a Digital Community platform to enable effective management of cargo information & documentation flows such that it eliminates/reduces manual paperwork considerably.

This move promises to improve and contribute to the seamless movement of EXIM containers in and out of the Tuticorin Port from/to the Tuticorin based CFS/ICDs. The CODEX platform will electronically connect CFS/ICDs, Transporters, Port authority, Customs, Port terminal Operators and Security forces (Central Industrial Security Force-CISF).

Hailing this as a path breaking and pioneering initiative in enabling ease of business, and following the honorable Prime Minister's initiative of "Digital India" Mr.S.Anantha Chandra Bose, Chairman, V.O. Chidamabaranar (Tuticorin) Port Trust said, "Tuticorin is a progressive and prominent port in the region. We have recently expanded the Port Gates and are introducing Toll Gate to enable Seamless access to the port. The Container Digital Exchange is the first of its kind initiative at an Indian Port which promises to reduce the current documentation process from 2 hours to almost 1/4th its time."

Speaking on the occasion, Mr. David Raja, President –TCFSA stated, “We were impressed with the work Kale Logistics has done on Airport cargo handling side for Mumbai Airport and also at other port CFS/ICDs in India and abroad. They completely understand our business and that of our extended logistics value chain. With the CODEX platform, we look forward to better manage multiple document exchange between our members & trade partners, streamline the processes involved in container movement, track queue issue at port and reduce overall dwell time.”

“We are already in the space of developing Cargo Community Platforms, having created India’s first Cargo Community Platform UPLIFT back in 2011. Hence, it gives us tremendous confidence to once again deliver India’s first Container Digital Exchange for the Port User community. Since, we have prominent CFS/ICD system installations in India and other countries, we exactly know what Global Technology practices needs to be followed for a progressive port like Tuticorin.” said Mr. Vineet Malhotra, Senior Vice President- Kale Logistics Solutions

Container Digital Exchange (CODEX) is an EDI based electronic platform through which communication, information exchange, connectivity and electronic processing of key business transactions/operations can be facilitated between all container stake-holders at the Port and its related logistics value chain.

About Tuticorin CFS Association (TCFSA)
TCFSA is the association of Container Freight Stations in Tuticorin representing major CFS/ICDs operating at Tuticorin Port. Its main activities include
1. To ensure that TCFSA Members difficulties and grievances are addressed with various Government Agencies
a. Future growth of the CFS/ICD industry are adequately discussed with Customs and Port Authorities in the interest of Members
b. Industry best practices are shared among Members and implemented for the benefit of the Exim Trade

TCFSA actively works with Government bodies to take up member issues and bring in positive reforms.

About Kale Logistics
Kale Logistics Solutions Private Limited is a leading Global IT solution provider focused on the Logistics Airports and Transportation industry. Its broad solution spectrum ranges from 'Internal Business Automation Systems' to 'Community Solutions' that help various players in the logistics value chain from shipper to consignee to communicate and transact with each other electronically. Kale has been awarded industry accolades for the last six successive years for the innovative solutions for automation in the Logistics Industry.



Air France-KLM-Martinair Cargo implements Accenture Air Cargo Reservations Software to improve customer service and optimize capacity

yellow line

NEW YORK; October 13, 2015 -- Air France-KLM-Martinair Cargo has worked with Accenture (NYSE: ACN) to implement Accenture Air Cargo Reservations software, part of the Accenture Freight & Logistics Software (AFLS) suite. AFLS supports optimizing freight capacity over the entire network, offering customers complete solutions and booking efficiency.

Air France-KLM-Martinair Cargo is using AFLS software to create a single view of booking options across Air France-KLM-Martinair Cargo and partner networks. The AFLS software is used for flight profiling activities in addition to allocation management, entry conditions and restrictions. This helps improve booking efficiency and revenue management execution to further increase both customer satisfaction and profitability.

“With Accenture’s software we further improve our capability to offer fast and complete solutions to our customers,” said Wijnand de Groot, vice president Customer Service, Air France-KLM-Martinair Cargo. “After extensive preparations and testing, we are pleased to announce that we can book all options in our joint network in one system.”

The AFLS solution automates capacity checks, reduces manual intervention by revenue managers, and provides better insight into space availability. This makes the air cargo reservations process quicker and more efficient.

“Accenture’s software helps Air France-KLM-Martinair Cargo to further improve the speed of quotation and booking processes,” said Ganesh Vaideeswaran, managing director, Accenture Freight and Logistics Software. “One seamless system provides an overall view of the network and booking options, helps increase efficiency and revenue management execution, and ultimately raises customer satisfaction and profitability.”

About Air France-KLM-Martinair Cargo
Air France-KLM Group is a global airline with a strong European base. Main areas of business are passenger transport, cargo transport and aeronautical maintenance.

Air France and KLM are members of the SkyTeam alliance which has 20 member airlines, offering customers access to a global network of over 16,320 daily flights to 1,052 destinations in 177 countries.

About Accenture
Accenture is a global management consulting, technology services and outsourcing company, with more than 358,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$31.0 billion for the fiscal year ended Aug. 31, 2015. Its home page is www.accenture.com



TIFFA EDI Services holds Industry seminar on ‘e-AWB & e- Freight’ in Thailand - highlights significant milestones attained.

yellow line

Thailand is seeing increasing interest in e-AWB which is reinforced by the resounding success of e-AWB workshop held by TIFFA EDI in Bangkok on 24th of September, 2015. The workshop saw representation from leading airlines like Lufthansa, Swiss, Etihad; TIFFA – the first international forwarders association in Thailand, IATA and several leading freight forwarders getting together to demonstrate their commitment to e-AWB and e-freight.

Bangkok, October 27, 2015: TIFFA EDI Services Co. ltd, which focusses on ‘Building the electronic community of tomorrow’, recently conducted a Seminar on ‘e-AWB & e-Freight’ in Bangkok- Thailand, to share the details of significant inroads made by them in ‘e-AWB & e- freight’ space. TIFFA team presented a detailed overview of e-AWB filing process through TIFFAs platform and a multitude of benefits being derived from it by the Thai cargo stakeholders like- Forwarders, Airlines, Airport cargo handlers amongst others. The seminar showcased how the e-AWB process discipline works round the clock, helps build process efficiencies, save costs, ensure data accuracy and ultimately helps forwarders and other cargo stakeholder’s move towards attaining e-Freight.

> read more





 

 

 

 

  WWW.AIRCARGOPEDIA.COM
 “The Complete Encyclopedia for the Air Cargo Professional & Investor”                                                 
CONNECT WITH US    WIDGETS   
Google+ Facebook Twitter