Ben L.

**** FAKE****OUT OF DATE**** Actually, my screw up. (Thanks Neil!) EVEN SILLIER me is that this article is from 2014. For some reason - GOOGLE and REUTERS have a problem. They are sending older articles to our feeds. MY APOLOGIES. *** Still there is an interesting element that AF/KL was able to save some of their money. But somehow I think the folks in Madrid are still laughing. **** Silly me, I thought all the airlines had divested their ownership(s) in GDSs. Apparently not so. Group AirFrance/KLM just sold about 20% of its remaining holding (for €125,322,932). Leaving it with approx 4.4%. which should value the remainder at up to a BILLION Euros. The resulting profit should cover their IT costs for a while for the group. https://lnkd.in/gFT8_YiT NOTE there is conjecture of the percentage and values left but suffice to say there is a LOT of it.

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And #freightech continues with an outstanding panel focused on air cargo digitization across four airlines from four continents, including Stefano Sinagra from ITA Airways, Sebastian Kunze from Delta Cargo , Mark Drusch from Qatar Airways , and Jonathan Holmes from ANA Cargo (and led by the always-on Julien Triay ). Smart insights are from the panelists, all mistakes are from me. 1️⃣ We are just scratching the surface of being online. (SS)  (Agreed!) 2️⃣ Passenger is still 𝘁𝗵𝗮𝘁 much farther ahead than cargo. As the older brother, passenger travel started to go online with marketplaces 30 years ago and offered mobile rebooking ten years ago. Changing this requires changing core fundamentals. (MD) 3️⃣ There's no magic bullet for digital transformation. In many cases, it demands brute force, combined with careful change management that...first maps the fears behind the scenes that are causing resistance, pushes through them, creates good "happy ending" stories with tech, and then amplifies the vision. (JH) 4️⃣ With some 4,500 daily flights, internal transformation is a heavy lift and is hard to get buy in. Beyond full organizational buy-in, it also requires independent development so asks don't get deprioritized across larger organizations. (SK) 5️⃣ One opportunity for carriers to lean into digitization is the ability to add more features and functionalities, potentially mixing and matching service levels and unlocking more flexibility. (SK) 6️⃣ Change really demands leadership, making clear decisions and then communicating transparently with partners. That means engaging with the people you work with and at least giving them the change to get on board. (MD) Huge shout out to the panelists - still processing everything they said - and to the Freightos team for bringing this to life! #supplychain

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Amadeus Group Environmental Officer Lucas Bobes stresses the key role of corporate travel so that Travalyst ‘ s #TravelImpactModel can be used to calculate the environmental impact of business travel and make a real difference. Amadeus is a member of the Travalyst coalition. #amadeus #esg #environment #sustainability #travalyst #businesstravel #corporatetravel

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