Tiger Airways and ECS Group sign cargo partnership
Tag-team to sell aircraft cargo space.
Tiger Airways Holdings Limited (“Tiger” or “the Group”) has signed a strategic cargo partnership agreement with ECS Group (“ECS”), appointing it as a partner for its cargo operations business. Under this new partnership, ECS will represent and market Tiger’s cargo space on the Group’s fleet of A320 aircraft.
With over 30 years of experience in the air cargo industry, ECS Group possesses the requisite knowledge and expertise for complete cargo outsourcing solutions, which enables the Tiger group of airlines to achieve a cost-effective presence in a market without having to maintain its own sales force or dedicated premises.
ECS also has a network of 57 subsidiaries in 32 countries across Europe, USA, Africa, Middle-East and Asia Pacific region. Its current strength of 550 employees works with 120 airlines serving 4,300 customers. ECS chalked up an annual turnover of USD 750 million in 2012.
In July 2011, Tiger made its first stride into the air cargo distribution business, and this has contributed to improved utilisation of its cargo space across its fleet. With an additional 24 new A320 aircraft to be delivered by 2015, the Group is looking to maximise aircraft utilisation and grow its cargo operations into a healthy revenue stream in future.
"ECS’ consistent track record of operational excellence makes it a partner of choice for Tiger, and the new strategic cargo partnership marks another step forward in the right direction towards achieving Tiger’s goal," the airlines said.