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 the implementation of its iCargo solution. This was announced in Istanbul after both parties signed on the dotted lines earlier in the 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 percent growth in air cargo FTK (freight ton kilometer) against an average of three percent 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.