International Federation of Freight Forwarders Associations (FIATA) and IATA announced (27-Mar-2013) approval of the multilateral electronic air waybill (e-AWB) standard, removing the need for bilateral e-AWB agreements between airlines and freight forwarders. Airlines will now have a single agreement with IATA enabling them to accept e-AWBs from all participating freight forwarders and forwarders will have a single agreement allowing them to tender e-AWB shipments to multiple airlines. IATA global head of cargo Des Vertannes said, "The approval of the multilateral e-AWB agreement is the most important new cargo standard developed in the last two decades. It gives us critical momentum to achieving the e-freight vision of a paperless cargo system." [more - original PR]
FIATA and IATA announce approval of multilateral e-AWB standard
You may also be interested in the following articles...
Disruption hits Asian business and corporate travel as LCCs and mobile use become ubiquitous
Corporate travel disruption, evidenced by the spread of mobile apps and use of the sharing economy, is not only impacting on travel managers in the west but it is increasingly being felt in Asia.
A recent McKinsey report on Asian Business Travellers warns that corporate travel in the region is primed for disruption by the same forces as at play in the leisure market.
Asia has long lagged markets like Australia in the adoption of online booking, much to the chagrin of travel managers keen to implement technology as part of their travel policies. However it appears that this obstacle is being overcome, with digital booking channels now more popular than ‘traditional’ channels – such as calling the travel agent, or booking via a secretary.
McKinsey also reports that travel managers are bracing for a wave of demand for mobile booking for business travel – with Asia on the same path as more mature corporate travel markets.
LCCs in Latin America: Peru’s rise as an economic star could draw attention from potential operators
As Latin America attempts to climb out of a two year long recession, Peru has emerged as a bright spot in the region – based on air passenger growth and the country’s economic performance. For the seven months ending Jul-2016 Peru recorded 9% passenger growth to 11.2 million, driven by growth of 10.2% in the country’s domestic market.
Peru’s air passenger growth continues to remain promising, as the country’s largest airline – LATAM Airlines Peru – calculates that the country’s trips per capita are slightly below the still-emerging markets of Mexico, Colombia and Brazil, whose passenger growth potential should remain robust once the country’s economy begins to fully recover.
Periodically speculation arises over the potential opportunity for a low cost airline to break into Peru’s market. The country’s growth prospects certainly warrant examination of stimulative opportunities in Peru, but so far the country lacks a true low cost airline.