Page 16 - STAT October 2023 for Magzter only
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interview


          Edip you deal with freight                                         in commercial operations. I believe it is crucial,
          forwarders and airlines directly.   What we really need            and I want to take advantage of my position
          What are your challenges there                                     on the board to emphasize that point.
          with both these buyers and the     to do is get IBSs and
          sellers? And how are you trying to   Wipros to incorporate         Will technological advancement
          overcome them?                                                     obviate the need for human
          Pektas: The most challenging is that many   connection into        engagement in the air cargo
          of them are unfamiliar with the area. On the   platforms like Airblox,   industry?
          freight forwarders side, it is similar to the                      Shah: We will never be able to escape human
          chronology of 'I don't want you to where have   because if you don't,   interaction in our industry. Human connection
          you been till now'. One of the main benefits   you are cutting off   is really important in this industry, and I am
          that airlines perceive is the transparency and                     not advocating that this business eliminates
          data that they don't have access to right now or   a sales channel for   human interaction because it is not the most
          that is delayed data. At Airblox, we collect data   customers and I want   recent business model; it is a B2B business. It
          from numerous sources in addition to our own,                      will always be a B2B business, and we know
          allowing us to give improved decision-making,   to take advantage of   that we cannot have a personal business-to-
          which is very beneficial to revenue managers.  my position on the   business connection with every customer

          How do you see the future of the air   board to                    with whom you wish to do business. It is
                                                                             impossible because there are thousands of
          freight market?                    emphasize                       prospective consumers, but you only have a
          Shah: For the past 25 years, we have been dis-                     small salesforce to contact with them and this
          cussing the future of the air freight business,   that point.      is how you can enable it. I am looking forward
          but unfortunately, we never seem to get there.                     to technology that truly facilitates and enables
          I believe it is different from what it was about   NEEL            this to occur, and that delivers on its promises.
          ten years ago. I see these digital technologies   JONES
          finally gaining momentum and traction. Many   SHAH                 Airblox believes to be the futures
          airlines have begun to invest in their own                         market. What are your goals for the
          systems, transforming their platforms from                         next 5 years?
          indigenous to cloud-based API-focused sys-                         Pektas: We are collaborating with a variety
          tems. Platforms like IBS and Wipro are altering   are cutting off a sales channel for customers,   of capital market partners to create Airblox
          the way airlines do business. The goal is now   which isn't a good thing. You must include this   the futures market. We intend to involve the
          to make it easier for them to conduct business   in your platforms so that airlines may engage   capital markets in a much more organized
          with firms like Airblox, while ten years ago,                      manner by standardizing contracts, allowing
          very few airlines could even take advantage of                     everyone to understand what a cargo block
          what Airblox is offering.                                          is. That remains our objective. But, in order to
            What we really need to do is get IBSs and                        get there, we need to bring the platform's
          Wipros to incorporate connections into plat-                       major partners, freight forwarders and air-
          forms like Airblox, because if you do not, you                     lines, together. 




























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