Qatar Airways Cargo has made a leap in revenue management by officially launching CARGOSTACK Optimiser, the Revenue Management suite of Wiremind Cargo, a member of Cargo Tech.
In the wake of both parties partnering in early 2023, a range of solutions for demand forecasting, inventory optimization, and overbooking recommendations have been steadily rolled out, until the most recent implementation of a bid price machine learning model.
Multiple teams within Qatar Airways Cargo’s revenue management teams now benefit from CARGOSTACK’s improved AI-generated recommendations, its intuitive UI/UX, as well as various features which the users themselves provided input on during the implementation phase.
These include CARGOSTACK’s fully configurable business rules engine and the overbooking strategy recommendation algorithm.
Mark Drusch, chief officer cargo at Qatar Airways Cargo said: “At Qatar Airways Cargo, our goal is to lead. The adoption of Wiremind Cargo’s CARGOSTACK Optimiser suite is a testament to our commitment to innovation and excellence.
“This partnership continues our leadership in employing technology by utilizing the most sophisticated AI solutions available to transform our revenue management processes.
“We are thrilled to have found a partner in Wiremind Cargo with whom we continue to closely collaborate, and deliver and fine-tune their cutting-edge solutions at such an incredible speed.”
Nathanaël de Tarade, CEO of Wiremind Cargo said: “We are delighted to see Qatar Airways Cargo going live with our CARGOSTACK Optimiser suite, solidifying our partnership and shared vision for the future of air cargo.
“Our collaboration with Qatar Airways Cargo is a perfect example of how Wiremind Cargo’s advanced AI solutions can transform commercial operations.
“We are excited about this essential step in our partnership, and look forward to what’s next, including the release of our SKYPALLET Version 2 solution, which will further enhance commercial capabilities and operational efficiency.”
