Air PREMIA Airlines selects IBS Software’s iCargo to transform its Global Cargo Operations

Air PREMIA Airlines, a recently established start-up from South Korea with business operations across the regional and international circuits, has gone live with IBS Software’s iCargo Management solution for its air cargo business.

The mid to long-haul start-up from South Korea was founded in July 2017 and started operations in Aug 2021. With operations based at ICN airport, Air PREMIA flies to Vietnam, Singapore, Thailand, Los Angeles (US) by Boeing 787-9.  

Air PREMIA is using the entire suite of iCargo Sales and Operations from IBS Software, with US Customs capabilities to help streamline its cargo booking and operations processes. This covers everything from cargo reservation, capacity allocation and management, and AWB stock management. It also includes cargo product and service portfolio management, proactive disruption management, cargo acceptance and load planning – all to provide an enhanced, streamlined service to customers.

Delivered as a SaaS solution, the green field implementation will provide Air PREMIA with the right digital tools required for a start-up airline, hosted in a robust and agile infrastructure to develop business operations and scale to larger volumes at the lowest cost.

 

IBS Software is a leading SaaS solutions provider to the travel industry globally, managing mission-critical operations for customers in the aviation, tour & cruise and hospitality industries. IBS Software's solutions for the aviation industry cover flight & crew operations, aircraft maintenance, passenger services, loyalty programs, staff travel and air cargo management. 

New Boeing 787-9 for Air Premia

Air Lease Corporation, one of the worlds leading aircraft leasing specialists have confirmed this week the delivery of one new Boeing 787-9 aircraft on long-term lease to Air Premia in South Korea.  

This jet features Rolls-Royce Trent 1000 engines and is the first of three new Boeing 787-9s confirmed to be delivered to Air Premia from ALC’s order book with Boeing this year. 

“We are thrilled to announce this first of three Boeing 787-9 aircraft delivery to Air Premia today,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation.  “As the first aircraft in the Air Premia fleet, this ALC Dreamliner will launch the new airline’s international network and contribute to an excellent debut in the Korea marketplace.” 

Air Premia Announces Commitment for Five Boeing 787 Dreamliner Jets

Boeing and Air Premia signed an agreement this week to lease three 787-9 jets from Air Lease Corporation earlier this year. Air Premia, which plans to launch operations in 2020 is poised to become South Korea’s second Dreamliner operator.

The commitment, valued at $1.4 billion at list prices, will be reflected on Boeing’s Orders & Deliveries website when it is finalized.

“This is an exciting decision for Air Premia as we look to deliver a world-class experience to our customers, while also operating the most fuel-efficient fleet,” said Peter Sim, CEO of Air Premia. “With the 787-9’s superior fuel efficiency and range capabilities, this investment fits perfectly with our unique business model and will position Air Premia for sustainable long-term growth.”  

Korean start-up Air Premia hopes to fly between Seoul and Los Angeles

                                 The Korean start-up budget airline Air Premia hopes to fly between Seoul and Los Angeles, its spokesperson confirmed this week. The airline is scheduled to take delivery of a brand new Boeing 787-9 Dreamliners in 2020 and hopes to start the route during 2021.

Air Premia spokesperson said, "The Los Angeles route has more demand than supply," and is a popular destination for Koreans as it is home to the largest community of Koreans outside of Koreans.  The route has also seen a dramatic downturn in seats being offered, due to Singapore Airlines dropping the route and Korean Air downgauging aircraft. 

The airline recently signed a long-term lease deal with  Air Lease Corporation for three Boeing 787-9 Dreamliner aircraft powered by Rolls-Royce Trent 1000-TEN engines.  The first aircraft is scheduled to deliver in July 2020, followed by the second aircraft in September 2020, and the third in November 2020.  In total, the carrier plans to operate ten 787-9 aircraft within five years.