May 28, 2016: Air Malta has appointed Network Airline Services (NAS), a global leader in the field, as its Total Cargo Management (TCM) service provider from June 1.
The TCM concept is viewed as an increasingly popular solution by a number of airlines and represents opportunities of generating additional cargo revenues from the maximisation of aircraft cargo hold capacities. This solution is expected to generate new business opportunities from various sources whilst the airline concentrates on its core business of being a passenger airline.
This project shall generate cost savings in terms of better synergy shared between Air Malta and NAS across important functions such as sales and marketing, pricing and revenue management, cargo reservations, revenue accounting, back-office administration, IT systems, cargo handling and interline contracts.
Moreover, the TCM concept will enable Air Malta to re-group its cargo business, re-establish itself in the market place, and increase distribution channels whilst building a sound platform for possible future growth of its cargo business as an important revenue contributor to the airline through freighter hub operations, multimodal transportation, e-commerce, door-to-door products and more.
John Vella, Air Malta’s head Cargo Sales and Marketing, explained, “ Our vision is to strategically strengthen our position and regain a global cargo footprint and presence through NAS’s network. Locally we intend to grow our market share and become the leading carrier of choice for the carriage of cargo, courier and mail shipments both as an airline and more importantly as the National carrier.”