The International Air Transport Association (IATA) announced that LATAM Cargo is the recipient of the IATA Air Cargo Innovation Awards for 2023. The award was presented at the 16th World Cargo Symposium (WCS) in Istanbul, Türkiye.
LATAM Cargo received the Corporate Innovation Award for its plastic reduction projects in its cargo operations in Chile and Brazil, initiatives that are part of its commitment to become a zero waste to landfill group by 2027.
“Innovation holds the key to development, sustainability, and success in the air cargo industry, that’s why we launched the IATA Air Cargo Innovation Awards. I am honored to present the Corporate Award to LATAM Cargo for their innovation efforts in sustainability. It’s important to recognize the individuals and companies that are driving change,” said Brendan Sullivan, IATA’s Global Head of Cargo.
An independent jury which included industry experts, academics and CEOs evaluated 42 entries from across the industry from small start-ups to large multinationals. Projects were evaluated based upon the idea, its potential to create value, and the likelihood of achieving success.
The jury selected the winner of the Corporate Innovators Award and the three finalists for the Start-ups and Innovators Innovation Award. The finalists presented their projects to over 500 audience members during the IATA WCS closing plenary, who subsequently cast their vote for their preferred innovation project
The IATA Innovation Awards were launched in 2014 to encourage and promote innovation in the air cargo industry.