IBS Software to provide Korean Air with iCargo system

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IBS Software has signed a seven year contract with Korean Air to manage the airline’s cargo system with its iCargo management solution.

Korean Air will move from its existing legacy core system and a multitude of satellite systems to a fully integrated new generation platform, with iCargo placing a full scope of business operations including reservations, sales, terminal operation management and revenue accounting into a single integrated platform.

The companies say this will enable Korean Air to upgrade several value-adding capabilities in various areas such as revenue and yield management, product management, real time shipment monitoring and control, and advanced technology capabilities like enterprise mobility.

IBS says the iCargo platform will also enable Korean Air to align itself to industry driven standards and best practices such as eAWB and CXML.

Korean Air president, Cho Won Tae says: “By selecting iCargo as our technology platform, we expect to better respond to the demands of the fast changing logistics environment and improve the value we offer to our customers.”

IBS Group executive chairman, VK Mathews adds: “By being selected as a partner of Korean Air, one of the most respected cargo carriers in the world, highlights IBS’ ability to build and deliver industry leading IT solutions to global conglomerates renowned for exacting standards.

“IBS continues to invest in innovative offerings for the airline industry, to deliver outstanding business benefits and ensure our customers stay ahead in a fast-changing disruptive environment. This partnership with Korean Air is also testimony to our commitment to the Korean market and signals our growing foot-print in Asia Pacific.”