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.
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.
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.
Nathanaël de Tarade, CEO of Wiremind, says: “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.”
“Digital processes and solutions play a fundamental role in taking Qatar Airways Cargo into The Next Generation,” says Guillaume Halleux, Chief Officer Cargo at Qatar Airways Cargo. “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.”