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Avianca Cargo Selects Descartes Cargo 2000(TM)
Descartes is a fully-certified member of IATA's Cargo 2000 program and has supported the initiative since 1998. The Descartes Cargo 2000(TM) solution is a cloud-based service that helps carriers, such as Avianca Cargo, monitor shipments at a master air waybill level from airport to airport and provides the metrics and reporting needed to facilitate compliance with Cargo 2000 standards and benchmarks. Information provided by Descartes' solution offers reporting on data quality and trade lane performance, exception alerts and validations, route map creation, as well as comprehensive reports enabling carriers and forwarders to analyse the full lifecycle of each shipment.
Avianca Cargo also uses the Descartes Global Air Messaging Gateway solution to standardize and automate connectivity to trading partners, monitor shipment status and communicate status updates to both forwarders and consignees. Descartes' Global Air Messaging Gateway and Cargo 2000 solutions fully leverage the Descartes Global Logistics Network(TM) (Descartes GLN(TM)), an industry leading solution for multimodal, inter-enterprise electronic data exchange.
"We're pleased to help Avianca Cargo continue to offer its customers outstanding service and look forward to further expansion of our relationship with Avianca Cargo," said Jan Markill, Sales Director Europe, Middle East & Africa at Descartes. "Data quality and performance reporting on key shipment milestones are the foundation to best practices, such as Cargo 2000, that drive air freight industry service success."
About Avianca Cargo
Avianca is the brand representing the integrated Latin American air carriers of Avianca Holdings S.A. Its human capital team, comprised of more than 18,000 associates, has stood out for its excellence in service. Tampa Cargo is the Cargo carrier of Avianca Holdings, doing business under the trademark Avianca Cargo, a brand owned by Avianca S.A. Avianca Cargo represents the cargo transportation business along with its passenger's aircrafts and freighters, serving 100 destinations in 25 countries throughout the Americas and Europe, with a modern fleet of more than 160 aircraft for short-, medium- and long-range flights. These include a dedicated cargo fleet: of 5 Airbus A330F, the only ones operating this type of aircraft in the region. For more information visit aviancacargo.com.
Cautionary Statement Regarding Forward-Looking Statements
This release contains forward-looking information within the meaning of applicable securities laws ("forward-looking statements") that relate to Descartes' solution offering and potential benefits derived therefrom; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, "Certain Factors That May Affect Future Results" in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada including Descartes most recently filed management's discussion and analysis. If any such risks actually occur, they could materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.
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