Spot Pricing Will Dominate Air Cargo Bookings As Digitization Continues To Drive Market Change

aVitaly Smilianets, CEO of Wery Aviation Software (Awery). told delegates the CNS Partnership Conference 2022 that booking at a fixed rate would not make a comeback in the short term

Fundamental change in the air freight booking process, accelerated by COVID, is here to stay due to the rise of digitization.

“A side effect of the COVID pandemic has been a fundamental shift from long-term contract rates to spot bookings as capacity declined and demand increased,” said Smilianets.

“At the same time, the adoption of digitization by airlines has brought huge efficiencies, making pricing faster and more responsive.

“Therefore, even if air cargo capacity increases, either through more passenger flights or investments in freighters, we expect that the airlines will not return to flat rates.”

Awery’s suite of services includes CargoBooking, which automates booking processes and provides instant quotes.

It converts incoming requests for quotes by email into instant quotes, and the quote management system delivers published rates, contract rates and assignments, as well as spot or promo rates.

“The change started because of COVID, but the change is permanent because of technology,” said Smilianets.

“The airlines have done a fantastic job adapting to new processes and embracing digitalization to adapt to the changing business landscape.

“By adopting digitization, the industry is building business resilience and future-proofing against the next challenge.”

Smilianets spoke at the 2022 CNS Partnership Conference, which was attended by a record 750 delegates from around the world.

More on

About Awery Aviation software

Awery Aviation Software is an established global IT services and software development company supporting the international air cargo and aviation industry.

Also Read:  What 3PL’s Need To Gain a Competitive Advantage

Awery ERP is an Enterprise Resource Planning solution that automates business and finance processes across departments to manage sales, operations, finance and HR functions on a customizable web-based platform., powered by Awery, provides instant quotes and bookings for air freight and integrates with all freight management systems.

Founded in 2009, Awery is focused on providing customized, complete business cycle solutions to the global aviation industry with unlimited expansion potential.

Leave a Reply

Your email address will not be published. Required fields are marked *