Global IT major Tata Consultancy Services (TCS) has bagged a multimillion dollar, back-office accounting processes contract, from Singapore Airlines Cargo (SIA Cargo). The contract is for a 5-year period.
“Singapore Airlines and TCS have always enjoyed a long lasting relationship which can be termed more as a partnership in progress rather than a customer service provider relationship,” TCS Asia Pacific executive Vice-President and Regional Director Girija Pande said.
Under the agreement, SIA Cargo has outsources its cargo revenue accounting processes to TCS. Earlier in 2004, the Singapore-based carrier had outsourced its back-office revenue accounting processes to the Tata group company.
SIA Cargo, a wholly-owned subsidiary of Singapore Airlines, is ranked fourth in the world in terms of international freight tone-kilometre. The airline has a route network that covers more than 39 countries across the world.
