Changi Airport joins Pharma.Aero
Changi Airport joins Pharma.Aero – an organization focused on improving pharma handling and quality in the air cargo industry worldwide. Founded by Brussels Airport and Miami International Airport, Pharma.Aero aims to achieve a reliable end-to-end air transportation for pharmaceutical cargo by fostering collaboration between CEIV certified airport communities. Pharma.Aero will focus on pharmaceutical shippers and all industry stakeholders who embrace the IATA CEIV programme
Find out who the other members of Pharma.Aero are and how the local air cargo industry and the Changi community can benefit from Pharma.Aero here.
Changi Airport is the first airport in Asia to join Pharma.Aero as a strategic member. This complements Changi Airport’s effort to raise local pharma handling standards and capability across entire supply chain through the Changi CEIV Pharma Community.
Other members who have also joined the organization include Sharjah Airport, Singapore Airlines Cargo, Brussels Airlines and Brinks Life Sciences. Several pharmaceutical shippers such as UCB and Pfizer have welcomed the initiative and will give their guidance and active support in the projects with the other members of the organization.
Benefits to the Singapore air cargo industry
Pharmaceuticals is one of the fastest growing cargo segments at Changi Airport. Between 2010 and 2015, pharma throughput at Changi grew at a CAGR of 13%.
Global spending on pharma cold chain logistics is projected to grow at 8-9% per year, totaling US$16.7 billion by 2020, according to Pharmaceutical Commerce. Asia is expected to account for the largest regional share growth with more than $1.2 billion of cold-chain growth through 2019. With more than 6,800 weekly flights connected to over 330 cities in 80 countries, coupled with state-of-the-art temperature-controlled facilities within a 24/7 free trade zone, Changi Airport is well-positioned to be the preferred gateway of pharma cargo in Asia. We are also the first airport in Asia to embark on a community approach for the IATA CEIV Pharma certification, thereby raising the local community’s handling standards and capability for temperature-sensitive pharma cargo.
Joining Pharma.Aero opens up opportunities for collaborations and sharing of market knowledge, expertise and practices with other pharma stakeholders around the world so as to achieve end-to-end operational excellence in pharma handling. With the active engagement of pharma shippers in Pharma.Aero, the local cargo community can also expect more timely feedback from the pharma industry on their logistic requirements.
Pharma.Aero welcomes airport communities, airline carriers, logistics companies and other pharmaceutical stakeholders including shippers to join as members.
Companies in Singapore interested to learn more about Pharma.Aero may also contact CAG for more information at email@example.com.
Please click here for the press release.