IBS Software inks a Multi-Million Deal with Turkish Cargo

TechnoparkToday.com>> Leading IT solutions provider to the global aviation industry, IBS Software, has signed a multi-million dollar, ten year contract with Turkish Cargo, the cargo division of the Turkish Airlines, for implementation of iCargo solution. This was announced in Istanbul after both parties signed the contract earlier this week. The solution will power the airlines’ entire air cargo movement worldwide and replace the existing home grown legacy system that was in use so far.  Turkish Airlines is one of the fastest-growing airlines in the world, with a staggering 39% growth in air cargo FTK (freight ton kilometer) against an average of 3% growth for other European airlines.

Under the deal, the airline sales/inventory, terminal operations/handling, ULD management and revenue accounting systems will be integrated into a single, comprehensive solution. By bringing the entire cargo management system under a single application suite, real time information and actionable intelligence access for users at all levels across all global locations will be improved considerably.  This will ensure stronger decision making capabilities and vast improvements in the overall utilization of perishable assets leading to enhanced revenue generation and operational efficiency.

iCargo is an integrated solution that supports the requirements of airlines’ freight business providing enhanced web-enabled features that optimize operations, enhance profitability and provide scalability. The solution helps manage the increasing volumes of cargo movement requirements of freighters, ground handling agents as well as airports. Over 20 global airlines have opted for iCargo to manage their mission critical cargo logistics including leaders like All Nippon Airways, British Airways, Qantas, South African Airways, Lufthansa Cargo and Nippon Cargo Airlines.

“This decision constitute a major milestone which will enlighten the way of Turkish Cargo for the realization of its objectives and for the development of the fast mounting business volume on the air cargo sector.” said Temel Kotil Ph.D., President  & Chief Executive Officer, Turkish Airlines.

“Coming close on the heels of the Lufthansa win, this deal with one of the fastest growing airlines in the world is another significant step for IBS to establish itself as the market leader for IT solutions to the air cargo industry. We are indeed delighted to partner with Turkish Cargo as they look for overhauling their IT systems in their quest for staying ahead of competition” said Sankalp Saxena, President  & Head of Aviation Operations Services, IBS Software Services.