Fintech Pioneer Airblox launches new live feed to support electronic block space agreement trading

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Users of the Airblox marketplace can now access information on global air freight capacity in real time

Aviation fintech pioneer Airblox has launched a live feed of global air freight scheduled flight capacity to support users of its electronic Block Space Agreement (eBSA™) booking service. Airblox’s online marketplace enables freight forwarders and airlines to trade air cargo capacity in the form of standardized eBSAs™.

The new live feed will enable users to view upcoming capacity and make informed business decisions by lane by making bids for and securing eBSAs™ at competitive prices.

Airblox is pioneering the digitization of Block Space Agreements (BSAs), where companies purchase cargo space on a flight in advance, to make the BSA a tradable commodity.

“By digitizing capacity in a centralized exchange in a standardized format, the market is assigning a certain value to it that can be traded,” Edip Pektas, founder of Airblox told delegates at CNS Partnership Conference in Phoenix, Arizona, USA.

“We believe that the future of air cargo capacity is as a tradable concept, and by launching this new feed, we are a step closer to giving full transparency of the scheduled global air freight capacity to our users so that they can make informed decisions.”

Airblox is the first online platform giving air cargo stakeholders an opportunityto trade, exchange, and block cargo capacity in a blockchain infrastructure guaranteeing secure transactions.

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Devender was born in the year when the Beatles Group was formed. He holds two master’s degrees in English Literature and Public Administration. He also has an Honors degree in English Literature and a post-graduate diploma in Corporate Communications and Public Relations. He was closely associated with the Indian State Transport Undertakings and Ministry of Transport in his role as Corporate Communications and PR specialist for over two decades handling domestic and international organizations. He ventured into business forming his own Media House, Profiles Media Network Private Limited which is now a twenty years old company. Excelling as an editor, Marketing, PR, Anchor, and Advertising specialist, he is now expertly navigating the world of social media. A widely traveled professional internationally, Devender has a deep understanding of the Air Cargo, Cargo Business, Cargo Airports, Freighters and Cargo Industry at large.