Qatar Airways Cargo Goes Live with Wiremind Cargo’s AI-Powered CARGOSTACK Optimiser

Sruthi Kolukuluri

6 November 2024

Cargo

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We are pleased to announce that Qatar Airways Cargo has officially launched CARGOSTACK Optimiser, the industry-leading Revenue Management suite developed by Wiremind Cargo. This implementation marks a significant milestone, as Qatar Airways Cargo became the first airline worldwide to adopt the innovative solution.

The partnership between Qatar Airways Cargo and Wiremind Cargo, which began in early 2023, has already yielded impressive results. Over the past year, the collaboration has seen the steady rollout of advanced solutions for demand forecasting, inventory optimization, and overbooking recommendations. The recent implementation of a bid price machine learning model represents the latest step in this ongoing journey of innovation.

The Potential of CARGOSTACK Optimiser for Qatar Airways Cargo

CARGOSTACK Optimiser is not just another tool; it’s a game-changer for Qatar Airways Cargo’s revenue management teams. The suite offers:

• Improved AI-generated recommendations
• An intuitive user interface and experience
• A fully configurable business rules engine
• An advanced overbooking strategy recommendation algorithm

What sets this implementation apart is the collaborative approach taken by both parties. Qatar Airways Cargo’s team actively provided input during the implementation phase, ensuring that the final product truly meets their needs. Moreover, extensive efforts were made to validate the machine learning models, with multiple approaches tested and iterated to deliver significantly improved revenue results.

Mark Drusch, Chief Officer of Cargo at Qatar Airways Cargo, emphasizes the airline’s commitment to leadership and innovation: “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.”

On the other side of this groundbreaking partnership, Nathanaël de Tarade, CEO of Wiremind Cargo, expresses his excitement about the collaboration: “Our partnership with Qatar Airways Cargo exemplifies how Wiremind Cargo’s advanced AI solutions can transform commercial operations. We’re thrilled about this essential step and look forward to future developments, including the upcoming release of our SKYPALLET Version 2 solution.”

Implementation of CARGOSTACK Optimiser

The successful implementation of CARGOSTACK Optimiser is just the beginning. Both companies are committed to ongoing collaboration, driving innovation and efficiency across all aspects of air cargo processes.

This partnership between Qatar Airways Cargo and Wiremind Cargo serves as a shining example of how collaboration and innovative technology can propel the air cargo industry into a new era of efficiency and profitability. As we look to the future, it’s clear that AI-driven solutions like CARGOSTACK Optimiser will play an increasingly crucial role in shaping the landscape of global logistics.