We’re seeing customers globally increasingly wanting more choice and flexibility to book their freight across our network. “We’re delighted that IATA Net Rates has added a quote and book function. The Net Rates platform can be accessed through Net Rates online or integrated with customer systems, accelerating the distribution of rates to market while simplifying and reducing the cost of rate handling procedures We are pleased to expand our Net Rates partnership with IAG Cargo to support their efficient cargo rates distribution and booking capabilities, across the different airlines of the group,” said Frederic Leger, Interim Senior Vice President for Commercial Products and Services, IATA, & President, CNS. IATA Net Rates' new ‘quote and book’ function simplifies and accelerates the rate distribution and booking process between airlines and freight forwarders, saving valuable time by eliminating manual, labor-intensive processes. “The pandemic has accelerated the appetite for digitalization across the air cargo industry. IAG Cargo, the cargo division of International Airlines Group (IAG), is the first carrier to integrate this new functionality. This enables airlines to offer freight forwarders dynamic pricing for booking their shipments. The International Air Transport Association (IATA) has added a ‘quote and book’ function to IATA Net Rates.
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