Thiruvananthapuram, Feb 27 (IANS): Leading IT solutions provider to the global aviation industry, the Technopark-headquartered IBS Software, has signed a multi-million dollar, 10-year contract with Turkish Cargo, the cargo division of Turkish Airlines.

The contract is meant for the implementation of its iCargo solution.

Turkish Airlines is one of the fastest-growing airlines in the world, with a staggering 39 percent growth in air cargo FTK (freight tonne kilometre) against an average of three percent growth for other European airlines.

This new arrangement was announced in Istanbul after both parties signed the agreement, according to an IBS release issued here Wednesday.

Under the deal, the airline sales/inventory, terminal operations/handling and revenue accounting systems will be integrated into a single, comprehensive solution.

"We have chosen IBS from the world's leading air cargo IT software, as a result of a detailed and intensive study period of two years," said Temel Kotil, president and CEO, Turkish Airlines.

Over 20 global airlines have opted for iCargo to manage their mission critical cargo logistics, including leaders like All Nippon Airways, British Airways, Qantas, South African Airways, Lufthansa Cargo and Nippon Cargo Airlines.