ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

AMR Armour Grp

3.25
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Armour Grp LSE:AMR London Ordinary Share GB0000496611 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 3.25 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

American Airlines Cargo Division Announces the U.S. Launch of E-Freight

22/10/2008 9:14pm

PR Newswire (US)


Armour Group (LSE:AMR)
Historical Stock Chart


From Jul 2019 to Jul 2024

Click Here for more Armour Group Charts.
Paperless Initiative Begins New Era in Air Cargo FORT WORTH, Texas, Oct. 22 /PRNewswire-FirstCall/ -- American Airlines Cargo Division (AA Cargo) today announced its participation in the U.S. launch of an air cargo industry e-freight initiative which supports a move toward paperless documentation. The initiative is facilitated by the International Air Transport Association (IATA). IATA's e-freight effectively eliminates the need to send 12 paper documents with air cargo shipments, which streamlines processes, improves speed and reliability, and cuts costs. IATA represents some 230 airlines comprising 93 percent of international scheduled air traffic. The first use of the new system begins today on American flights between New York John F. Kennedy and London Heathrow airports. Further expansion into other routes is planned, and will be launched at additional major U.S. airports. IATA's e-freight program is one of five Simplifying the Business projects being led by IATA to improve service and cut costs. Previous projects have included 100 percent electronic ticketing and RFID for baggage management. E-freight requires that business, technical and legal frameworks be in place to allow airlines, freight forwarders, customs administrations, and governments to seamlessly exchange electronic information and e-documents instead of paper. In addition, the effort supports the environment by reducing paper-based waste. "The U.S. launch of the e-freight initiative brings us one step closer to a completely paperless environment," said Dave Brooks, President - AA Cargo. "The improvement in data quality and timeliness of information will increase the speed of our interactions, yielding more efficient commerce for all of us in the air cargo industry." Over the past year IATA has assessed the readiness of 209 locations worldwide in addition to the original six e-freight sites. It found that 46 countries, representing 63 percent of global air-freight volumes, have the appropriate international treaties and high level customs framework in place to qualify for IATA e-freight. The United States becomes the ninth e-freight location worldwide to deliver paper-free cargo. Other participants in the U.S. launch include British Airways, KLM, United Airlines, DHL, and Kuehne+Nagel. IATA e-freight is also operational in Canada, Germany, Hong Kong, Netherlands, Singapore, South Korea, Sweden and the United Kingdom. The industry has set the end of 2010 as a deadline for the implementation of e-freight where feasible. About American Airlines Cargo American Airlines Cargo(SM), a division of American Airlines, Inc., provides over 100 million pounds of weekly cargo lift capacity to major cities in the United States, Europe, Canada, Mexico, the Caribbean, Latin America and Asia. American, American Eagle and the AmericanConnection regional airlines serve more than 250 cities in over 40 countries with more than 4,000 daily flights. The combined network fleet numbers more than 1,000 aircraft. American provides one of the largest cargo networks in the world, with cargo terminals and interline connections available across the globe. For more information, visit http://www.aacargo.com/ DATASOURCE: American Airlines Cargo CONTACT: Jennifer Pemberton of American Airlines Cargo, +1-817-967-1577, Web site: http://www.aa.com/ http://www.aacargo.com/

Copyright

1 Year Armour Group Chart

1 Year Armour Group Chart

1 Month Armour Group Chart

1 Month Armour Group Chart

Your Recent History

Delayed Upgrade Clock