The International Air Transport Association (IATA) has announced the extension and broadening of Lufthansa Cargo‘s agreement to utilize CargoIS for its air cargo data needs. This renewal strengthens a partnership that has endured for over a decade. In addition to the renewal, Lufthansa Cargo will now participate in the IATA CargoIS Direct Data (CDD) contribution programme. This initiative facilitates the collective sharing and pooling of anonymised data among participating airlines, empowering stakeholders to benchmark performance, identify industry trends, and make informed decisions in the competitive air cargo sector.
“Our decade-long partnership with Lufthansa Cargo on market intelligence related to air cargo highlights the value of IATA’s cargo data products and trust in our data intelligence solutions. CargoIS helps our customers to make better strategic decisions. Continuing and expanding our partnership with Lufthansa Cargo underscores the importance of leveraging data-driven insights to enhance efficiency and sustainability in the air cargo industry,” said Willie Walsh, IATA Director General and CEO.
The CargoIS data set aggregates transactions from over 230 carriers, offering comprehensive insights into transported commodities and services rendered. IATA’s CargoIS, covering an expansive network of over 80,000 unique city-to-city trade lanes, serves as a crucial source of market intelligence for the air cargo industry. The platform transforms vast data sets into actionable insights, enabling users, including airlines, freight forwarders, airports, and shippers, to navigate the complexities of the air cargo market efficiently, fostering competitive advantage and operational excellence.
