LOT enters the pharmaceutical market more strongly
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PLL LOT, the Polish national airline, wants to develop in the pharmaceutical logistics segment. The company has started efforts to obtain the CEIV Pharma certificate, which guarantees a high standard of services offered.
CEIV Pharma by the end of October?
According to the company, LOT Cargo has started its efforts to obtain a certificate issued by the International Air Transport Association (IATA). CEIV Pharma, as the document is called, will enable the carrier to transport medicines and valuable pharmaceutical products in accordance with the highest standards. Among other things, it guarantees that the medicines are transported in the right conditions. Most pharmaceutical products require transport at temperatures between 2 and 8 degrees Celsius throughout the whole distribution chain. LOT Cargo already offers transport of pharmaceutical products, but due to the aforementioned limitations, a significant number of manufacturers prefer to use the services of certified carriers.
CEIV Pharma certification will also cover employees. It will cover not only handling procedures, but also the preparation and processing of documents. Also the airport and LOT Cargo partners (e.g. trucking companies) will have to adapt to specific requirements.
LOT hopes to receive its certificate by the end of October. The carrier wants to transport insulin, antibiotics, vaccines and veterinary products from Poland.
LOT Cargo’s record-breaking results
2018 was the best year for freight transport in the airline’s 90-year history. LOT planes carried 50,000 tonnes of cargo and mail, which is a 20% increase compared to 2017. Now, the company wants to make up for the previous years, when LOT Cargo’s development was not carried out in specialised segments. According to the company, the construction of the 787 Dreamliner Boeings at LOT’s disposal helps to maintain optimal proportions in the business model. It means the balance between the profits from the tickets and the profits from the cargo transported on the lower deck.
According to IATA data, the value of the pharmaceutical logistics market is $13.4bn. Its Polish part is worth at least PLN 100m. At the same time, IATA estimates that Poland ranks 25th in the world in terms of pharmaceutical transport.
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