FREIGHTOS is to offer real-time quotes and booking on Europe's third-largest air carrier as part of the company's growing online freight marketplace.
IAG Group, the holding company for British Airways and Iberia Airlines, said Freightos' WebCargo is the first third-party platform to offer access to rates and capacity for air freight on IAG flights.
WebCargo is the latest iteration of the Israeli company's goal of becoming the 'Expedia or Kayak' for freight transportation. Through application programming interfaces to the carriers' pricing and capacity data, WebCargo provides forwarders access to over 370 airlines.
The deal with IAG follows similar booking channel arrangements with Europe's two largest commercial air carriers, Lufthansa and Air France KLM Martinair Cargo, reports New York's FreightWaves.
WebCargo specialises in air freight shipments under 2,000 kilogrammes, or 4,400 pounds.
FreightWaves Market Expert for air freight, Jesse Cohen, said the move to offer 'belly cargo' capacity through third-party platforms reflects what the major airlines have done with passenger booking through third-party platforms.
The air freight industry is 'getting more digitised and finding tools to offer bookings online,' Mr Cohen said. 'Airlines are always looking for efficiencies and ways to cut costs. A lot of reservations for belly cargo can be automated.'
WebCargo CEO Manel Galindo said the addition of IAG to the roster of other carriers offering air freight capacity through the platform provides critical mass for customers to compare prices.
Carriers also benefit from the platform because it will allow them the chance to offer dynamic pricing on air freight, he said.
WORLD SHIPPING
IAG Group, the holding company for British Airways and Iberia Airlines, said Freightos' WebCargo is the first third-party platform to offer access to rates and capacity for air freight on IAG flights.
WebCargo is the latest iteration of the Israeli company's goal of becoming the 'Expedia or Kayak' for freight transportation. Through application programming interfaces to the carriers' pricing and capacity data, WebCargo provides forwarders access to over 370 airlines.
The deal with IAG follows similar booking channel arrangements with Europe's two largest commercial air carriers, Lufthansa and Air France KLM Martinair Cargo, reports New York's FreightWaves.
WebCargo specialises in air freight shipments under 2,000 kilogrammes, or 4,400 pounds.
FreightWaves Market Expert for air freight, Jesse Cohen, said the move to offer 'belly cargo' capacity through third-party platforms reflects what the major airlines have done with passenger booking through third-party platforms.
The air freight industry is 'getting more digitised and finding tools to offer bookings online,' Mr Cohen said. 'Airlines are always looking for efficiencies and ways to cut costs. A lot of reservations for belly cargo can be automated.'
WebCargo CEO Manel Galindo said the addition of IAG to the roster of other carriers offering air freight capacity through the platform provides critical mass for customers to compare prices.
Carriers also benefit from the platform because it will allow them the chance to offer dynamic pricing on air freight, he said.
WORLD SHIPPING