Executive Briefings

Three Cargo Brokers Join to Form Global Charter Alliance

Three cargo charter brokers have joined to form the Global Charter Alliance, reportedly the world's first consortium of independent brokers. Founding members are Pacific Airlift of Singapore, The Charter Store of the U.S., and NEO Air Charter of Germany.

They intend to work closely together to exploit operational efficiencies; share contacts, market intelligence and other information; draw on their collective buying power and otherwise benefit from economies of scale. The three companies have worked together for years on multiple projects. The recent launch of NEO in Germany acted as a catalyst for the creation of GCA, said Pacific Airlift director Andrew Sim. According to the group, customers will benefit from faster responses, a more localized presence at origin and destination, and the potential for reducing costs through the sharing of capacity and better use of empty legs. The current membership of GCA provides coverage of the U.S., Asia-Pacific and Europe, supplemented by service partners in other parts of the world. GCA said it intends to expand its membership "in a carefully controlled manner."

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They intend to work closely together to exploit operational efficiencies; share contacts, market intelligence and other information; draw on their collective buying power and otherwise benefit from economies of scale. The three companies have worked together for years on multiple projects. The recent launch of NEO in Germany acted as a catalyst for the creation of GCA, said Pacific Airlift director Andrew Sim. According to the group, customers will benefit from faster responses, a more localized presence at origin and destination, and the potential for reducing costs through the sharing of capacity and better use of empty legs. The current membership of GCA provides coverage of the U.S., Asia-Pacific and Europe, supplemented by service partners in other parts of the world. GCA said it intends to expand its membership "in a carefully controlled manner."

Read Full Article