Lufthansa Cargo extends IATA CargoIS agreement

image credit: Lufthansa Cargo

The International Air Transport Association (IATA) announced that Lufthansa Cargo has renewed and expanded the scope of its agreement to utilize CargoIS for its air cargo data needs, extending a partnership that has spanned over a decade.

Ashwin Bhat, CEO of Lufthansa Cargo said: “We are pleased to announce the extension of our partnership with IATA through CargoIS.

“The market intelligence it has provided us over the years and has played a key role in shaping our strategic planning and improving our operational efficiency.

“This extended collaboration not only helps us to refine our shipping strategies but also ensures our position at the forefront of the industry, guided by data-driven decision-making.”

As part of the new agreement Lufthansa Cargo will also join the IATA CargoIS Direct Data (CDD) contribution program.

This initiative facilitates the collective sharing and pooling of anonymized data among participating airlines.