Monday, May 20, 2024
Wiremind selected to drive Qatar Airways Cargo’s Next Generation Revenue Management vision

Wiremind selected to drive Qatar Airways Cargo’s Next Generation Revenue Management vision

Wiremind has won the multi-year contract to provide Qatar Airways Cargo with innovative sales and revenue management solutions from its comprehensive cargo product suite, to support the airline in its pioneering digitalisation drive.

Qatar Airways Cargo, the world’s leading cargo airline has selected three solutions from Wiremind’s cargo management suite, following a thorough RFP process.

Using Wiremind’s Revenue Management system, Qatar Airways Cargo will benefit from advanced demand forecasts and optimised entry conditions, enabling the airline to maximise its entire network contribution and revenue.

The air cargo carrier will also have access to the newly launched Overbooking module, which leverages machine learning models to forecast the cargo show-up rate on the day, supporting flight analysts in their decisions on the overbooking percentage for a particular flight to minimise capacity wastage on the day of departure.

Read more: Wiremind Cargo appoints Guillermo Medina Moralejo as new VP Business Development

The last solution chosen by Qatar Airways is Wiremind’s original flagship product, SkyPallet, which optimises space calculations at various points in the cargo lifecycle, to ensure maximum capacity usage and accurate quotations.

“We are delighted that Qatar Airways Cargo has chosen individual solutions from our cargo product suite. It is testament to the fact that we were successful in addressing Qatar Airways Cargo’s needs and shows that with the support and vision of CargoTech, we are on the right track to build impactful products to help the industry digitise and adopt the latest technologies,” Nathanaël de Tarade, CEO of Wiremind, said.

“With the world’s leading cargo airline now on board, we are more than proud, and we look forward to supporting Qatar Airways Cargo in shaping the air cargo industry of the future with all the opportunities that our advanced digital and data-driven machine-learning products can bring.”

Read more: Wiremind Cargo’s revenue optimisation system is a CargoTech first

Over the coming months, Wiremind and Qatar Airways Cargo will begin the implementation of the chosen solutions through workshops and training of over 300 users to further establish the airline’s digital vision and how its changing needs can be adapted and addressed within Wiremind’s flexible product suite.

“Digital processes and solutions play a fundamental role in taking Qatar Airways Cargo into The Next Generation,” Guillaume Halleux, Chief Officer Cargo at Qatar Airways Cargo, said. “In Wiremind, we have found a partner that not only shares our pioneering vision of the industry, but already demonstrates key deliverables as well as the agility to grow innovative ideas together. Our ambition is to deploy the most advanced cargo revenue management solutions in the market, making full use of the valuable market and customer data that passes through our systems to ensure efficient resource use and achieve more sustainable profitability. Wiremind’s unique machine-learning models offer highly promising results in this regard.”

Wiremind is constantly developing and expanding its cargo product suite and will be bringing more solutions to the market throughout 2023 and beyond, building up the platform’s inventory management capabilities and optimisation tools for the benefit of all airlines – small and large – seeking, like Qatar Airways Cargo, to adopt the latest technologies and practices.

Picture of Edward Hardy

Edward Hardy

Having become a journalist after university, Edward Hardy has been a reporter and editor at some of the world's leading publications and news sites. In 2022, he became Air Cargo Week's Editor. Got news to share? Contact me on Edward.Hardy@AirCargoWeek.com

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