Delhi-based cargo airline Aryan Cargo opts for IBS solution

Mumbai, 02 Feb 2010: Leading IT solutions provider to the global travel, transportation and logistics industry, IBS Software has inked a deal with Delhi-based all cargo airline Aryan Cargo Express (ACE) for implementing its award winning Cargo solution, iCargo. The solution will automate the entire cargo operations of India’s newest cargo carrier. The contract for implementing the cargo solution was signed today at the Bombay Exhibition Center, during the Air Cargo India 2010 event. Set to start operations in early 2010, ACE joins a list of users that include leading names in the aviation cargo industry like Nippon Cargo Airways, All Nippon Airways, Qantas Freight, Austrian Airlines, Spice Jet, Kingfisher Airlines, Olympic Air, and Tokyo International Air Cargo Terminal Ltd. Within a short time since launch, iCargo has become a leading IT solution for air cargo management in the world and is now being viewed by the global airline freight industry as a viable and proven alternative to the expensive legacy systems that have been traditionally used by most airlines for the past decades.

ACE has opted for the Software as a Service (SaaS) mode of iCargo where the solution will be hosted from IBS’ data center. Airlines world over are increasingly opting for SaaS or hosted models of IT solutions which works on a ‘pay as you use’ basis wherein customers are spared the large upfront costsfor using the software. IBS, with four data centers around the world and a 24x7 global help desk, is amember of a select band of aviation IT product companies that offers its new-generation solutions on ahosted basis.

iCargo will provide a unified enterprise-wide solution to help manage the entire cargo business of Aryan Cargo Express - from cargo sales, inventory, pricing and reservation to revenue accounting and management. The solution will thus enable the cargo carrier to start its operations with high levels of operational efficiency at low cost of operations and ownership. iCargo will also support ACE in its aggressive business plans to mature into a global cargo carrier. In the first phase, the airline will link the Indian Market to the world and provide connectivity to/from South East Asia, ASEAN countries, China, Middle East, CIS and Europe.

On the occasion of the signing of the deal, Capt. Mukut Pathak, Chairman & Managing Director, Aryan Cargo Express said, “We selected IBS’ cargo solution iCargo with its rich and comprehensive functionality, keeping in mind our immediate requirement to start operations, as well as the inevitable need to scale up to meet our aspirations of being a global cargo player. We are sure iCargo with its track record of success, will help us achieve our business goals.”

“We are very pleased that Aryan Cargo Express has selected iCargo to enable its launch and to fuel itsambitious growth plans. ACE’s selection of iCargo underlines the value proposition offered by our Cargo Management System. With the pace of acceptance of iCargo amongst carriers globally, from startups to the world’s leading airlines, we have every reason to believe that our product is possibly the best new generation cargo solution for the global air freight industry. We are sure that with iCargo and our value added services we will be able to effectively help Captain Pathak realize his vision for Air Cargo Express as well as for the air freight industry in India. ” said Mr. Akshay Shrivastava, Senior Vice President and Global Head of Cargo Line of Business for IBS.

About ACE

Aryan Cargo Express Pvt. Ltd. (ACE), a subsidiary of Aryan Cargo & Express Logistics Pvt. Ltd, is an international Cargo Airline, incorporated in December 2005. ACE has been granted the NOC (No objection certificate) by the Ministry of Civil Aviation, Govt. of India to commence cargo operations from the country and is entitled to all the bilateral rights of India with other countries. The company will be a non-integrated carrier of goods providing airport to airport freight transportation service and has formulated an international route plan with connectivity extending to 150 countries worldwide, with three main hubs at Delhi, Sharjah and Bangkok.

ACE will initially operate as a scheduled cargo airline within Asia and Europe and plans to eventuallyexpand its operations and services to other parts of the globe. With an investment of around Rs. 100 Crores, the company will launch its cargo services with four Airbus 310-300F and eventually add more Airbus 330-200F/MD11F to its fleet.