Already this year the company has opened new operations in Vietnam and Hong Kong as well as Shanghai, Beijing and Guangzhou in mainland China. Further growth in the US market is also part of the group's development strategy.
ECS Group is already the world's largest GSSA organization with a network that incorporates 43 subsidiaries in 32 countries and generates 487,000 tonnes of air cargo a year for over 100 airline customers. Airlines, however, are looking for more from their GSA partners and ECS is looking to build on its existing US$600 million per annum turnover by responding quickly to new opportunities.
Adrien Thominet, ECS Group's Senior Vice President, Sales & Marketing, said: 'Sheer economics means airlines will continue to consider outsourcing solutions but as well as reducing costs, they are able to see how a large GSA organisation can produce revenue and yield growth. Enlarging our network is a big part of our strategy according to the major cargo trade lanes and market potential. This is why we are focusing on India, the Far East and the US. In China we are close to signing new airline contracts and we do not rule out possible acquisitions in the future.'
He added: 'Financial strength is increasingly important for GSAs because airlines are looking for us to provide a broader range of services and to be able to deliver consistently high quality performance when we deal with their freight forwarding customers in major markets. Our size and strength gives carriers great confidence in our ability to deliver against all of their requirements.'
