Page 24 - STAT August 2022 for Magzter
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interview


          also benefited from an improved freight
          rate which is consistent with what has
          happened globally. But what's ultimately
          driven this result is our team's focus on
          providing valuable solutions to our clients
          during a very difficult period.
          What are your expectations for the
          next half of 2022?
          The next half of 2022 will be filled with un-
          certainty. Globally, there are many moving
          parts, both in terms of consumer demand
          and production challenges. In particular,
          in South America, there is a lot of political
          and economic uncertainty making fore-
          casts even more difficult to make.
            Our primary goal is to continue to pro-
          vide the finest solutions to our customers'
          demands while remaining highly adapt-
          able and nimble in terms of adjusting the
          network. At the same time, we are leverag-
          ing two areas in which we have invested
          heavily over the previous four years. First,
          create a better customer experience by
          providing our products in a more con-
          venient and efficient manner. We are also
          capitalising on the cost efficiencies that
          we have by improving productivity.
            We believe we are well prepared for the
          second half of the year even if conditions
          shift from a traditional peak to a more
          bearish situation in terms of demand.
                                                         Recovering the      In our case, we are focusing on scenarios
          What are the most significant                                      and attempting to figure out what we
          challenges confronting cargo                staffing levels is     would do anyhow and what would pro-
          operators today?                       challenging because         vide us additional options later on.
          First, the level of uncertainty that we face.
          We are coming off a time in which demand   due to training and     How are you addressing the issue
          exceeded supply, and it is unclear whether   security requirements   of staff shortages? What fueled
          this will happen in the second half of this                        this shortage? Are you expecting
          year or in 2023. The second significant   there is a rather long   any impact from your capacity
          challenge is staffing or service difficulties                      growth plans?
          at key destinations. This has occurred in dif-  lag between hiring   Staffing shortages hit us the hardest in
          ferent locations since 2021 and it is becom-  someone and that     2021 because our core facilities are that we
          ing more evident as passenger operations                           operate by ourselves, in countries where
          recover. The third element is fuel price   person becoming         this has already occurred, namely the Unit-
          increases which put certain parts of our          active.          ed States and South America. Recovering
          network under pressure. To address these                           the staffing levels is challenging because
          challenges, we will need to adapt and                              due to training and security requirements
          navigate in order to present better choices   global demand, and how are things   there is a rather long lag between hiring
          to your customers. We believe flexibility   likely to change?      someone and that person becoming ac-
          will be the key in the next 2-3 years.  The combination of higher inflation and   tive. Therefore it is critical to complement
                                            monetary policy changes is clearly impact-  the hiring process with improving your
          Fuel prices have been volatile    ing consumption and investor decisions.   value proposition to improve retention.
          in recent months as a result of   Therefore I believe there will be an impact
          geopolitical events and airspace   on demand, but how large that impact will   A recent incident occurred when
          closures. How is this affecting   be is something we are all trying to model.   a flight was compelled to make
          22        | AUGUST 2022     www.stattimes.com
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