Seabury Cargo Partners with Innovata to Offer First Cargo Capacity Database
DHL Global Forwarding Is Launch Customer
AMSTERDAM, October 29, 2008 – Seabury Cargo Advisory today announced that it is the first company to offer customers a dedicated cargo capacity analysis tool. Seabury’s Capacity Database provides air cargo capacity per route and airline on a global basis. This aircraft-specific data on global capacity helps users make better decisions on network design and market positioning.
DHL Global Forwarding, which also uses Seabury’s Global Trade Database, is the launch customer for this new service.
The Capacity Database was developed in partnership with Innovata, a leading aviation content management and software services company that, in association with IATA, maintains one of the most comprehensive industry databases containing continuously updated schedules from over 900 airlines worldwide. The Capacity Database includes information about most scheduled airlines’ capacity on a point-to-point airport level per carrier, with distinction between passenger belly holds and freighters, according to aircraft type. The database is updated and refreshed each week.
“The introduction of the Capacity Database demonstrates our dedication to the air cargo market and our commitment to continually update our product suite,” said Gert-Jan Jansen, Senior Vice President, Seabury Cargo Advisory. “We strive to provide our customers the analytical tools they need to make sound business decisions.”
Michael Schaecher, Vice President, DHL Global Forwarding, said, “DHL is very pleased to be the launch customer for Seabury’s Capacity Database. This is a powerful addition to the other Seabury planning tools we have been using. I expect it to be of great support to our air freight procurement activities.”
Seabury Cargo Advisory’s portfolio of data products also includes:
- Seabury Global Trade Database: the world’s air and sea trade flows in terms of weight and value;
- Seabury Express Database: data on express versus standard cargo, shipment size, and count;
- Traffic Database: global airport-to-airport traffic volumes per carrier; and
- Forecast: five-year forecast on Trade and/or Express.
Seabury Cargo will demonstrate the Capacity Database at the TIACA Air Cargo Forum in Kuala Lumpur, 4-6th November and during the IATA Slots conference in Athens, 13-16th November.
About Seabury Capital LLC
Seabury Cargo Advisory is a unit of Seabury Capital LLC (“Seabury”) which is the largest global investment banking and advisory practice serving aviation, aerospace, and cargo. Notable deals executed by Seabury include a $1.1 billion liquidity financing program for US Airways Group, Inc. (October 2008); structuring and placing a $750 million equity offering for Northwest Airlines (2007) for which Seabury was awarded Airfinance Journal’s “North American Deal of the Year”; raising $2.2 billion of equity and debt to finance the merger of US Airways with America West (2005) for which Seabury was awarded Airfinance Journal’s “Deal of the Year”; and raising $1.3 billion of equity and debt for Air Canada (2004).
Seabury has advised on the vast majority of equity capital raises globally for restructuring airlines, and has been named as one of the top global restructuring and advisory firms for four consecutive years.
Seabury’s Aviation & Aerospace practice has now has advised over 200 clients worldwide in over 450 engagements spanning Africa, Australia, Asia, Europe, the Middle East, and the United States. Through its 175 professionals based in 11 offices on four continents, Seabury provides advisory services spanning investment banking, corporate transformation, management consulting, and IT development and consulting.
Seabury Capital also provides many of these services to the maritime and financial services industries, as well as financial institutions and investors around the globe.
For more information, please visit: http://staging.seaburygroup.com