Air Serbia to Join Freightos Booking Platform

Freightos (NASDAQ: CRGO) announced that Air Serbia will join its cargo booking platform, expanding Freightos Pay across Europe and the United States.

Rhea-AI Summary

Freightos (NASDAQ: CRGO) announced that Air Serbia will join its cargo booking platform, expanding Freightos Pay across Europe and the United States. The integration enables e-bookings for Air Serbia across its European network and open origins on Freightos, and permits rapid, guaranteed digital payments for forwarders without IATA accreditation.

This aims to streamline payments, reduce disputes, and broaden distribution to niche destinations such as Zagreb, Tbilisi, Tirana, Sarajevo, and Skopje while speeding reconciliation and lowering financial risk for carriers.

Argus Mar 24 session

-4.24% close to close Open Argus

Details

News Market Reaction – CRGO

On Mar 24, the day this news came out, CRGO closed 4.24% below the previous close.

Data tracked by StockTitan Argus for the Mar 24 session.

Market Context

This announcement adds Air Serbia to Freightos’ booking platform, broadening airline coverage across...

Analysis

This announcement adds Air Serbia to Freightos’ booking platform, broadening airline coverage across Europe and the U.S. and promoting adoption of Freightos Pay for guaranteed digital payments. Historically, similar integrations and KPI beats have coincided with strong gains, while leadership and earnings events saw mixed reactions. Investors tracking this story may focus on how additional airlines translate into transaction growth, gross booking value, and progress toward the stated breakeven goal by end-2026.

Historical Context

5 past events · Latest: Mar 12

5 events

1. Mar 12

   CEO appointment

   24h Move

   -0.8%

   New CEO named with focus on scaling and breakeven by Q4 2026.

2. Mar 11

   Airline integration

   24h Move

   +4.1%

   Ethiopian Cargo added to platform, expanding African digital capacity access.

3. Feb 23

   Q4/FY25 earnings

   24h Move

   -30.2%

   Revenue growth but continued IFRS losses and FX pressure on margins.

4. Feb 23

   Board change

   24h Move

   -30.2%

   Founder Zvi Schreiber stepping down from board, governance unchanged.

5. Jan 15

   KPI beat

   24h Move

   +28.0%

   Q4 2025 KPIs beat guidance with record transactions and GBV growth.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

freight forwarders, iata accreditation

2 terms

freight forwarders technical

"This integration will extend Freightos Pay's reach by enabling rapid, guaranteed digital payments between freight forwarders and carriers across Europe"

Freight forwarders are companies that act like travel agents for goods, arranging the movement of products by road, sea, rail or air and handling related paperwork, insurance and customs steps. Investors care because their efficiency and reliability influence how quickly products reach customers, how much companies pay to move inventory, and how resilient supply chains are—factors that affect sales, costs and a company’s profit outlook.

iata accreditation technical

"including for forwarders without IATA accreditation - a key barrier to digital transaction adoption in the region"

IATA accreditation is an official recognition from the International Air Transport Association that allows a travel or cargo business to sell airline tickets, handle shipments and settle payments directly with airlines using industry systems. For investors, it signals that a company meets global operational and financial standards, opens access to major sales and distribution channels, and reduces business risk much like a license or bank account does for a retailer.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Fast Digital Payments Offered to Forwarders Across the Carrier's Entire European and American Network

BARCELONA, Spain, March 24, 2026 /PRNewswire/ -- Freightos (NASDAQ: CRGO), the leading vendor-neutral digital pricing, booking and procurement platform for the international freight industry, today announced that Air Serbia will be joining its cargo booking platform, further expanding Freightos' airline network and strengthening adoption of Freightos Pay in Europe. This integration will extend Freightos Pay's reach by enabling rapid, guaranteed digital payments between freight forwarders and carriers across Europe, including for forwarders without IATA accreditation - a key barrier to digital transaction adoption in the region.

The addition of Air Serbia is a significant boost for freight forwarders. Once live, Air Serbia air cargo will be available for e-bookings across the United States and throughout its European network, from Albania and Austria to Sweden and Switzerland, opening all origins on Freightos' platform. Forwarders will also gain access to niche destinations beyond Belgrade, including Zagreb, Podgorica, Tbilisi, Tirana, Sarajevo, Skopje, and many more.

"We're excited to welcome Air Serbia to Freightos," said Sebastien Podgorski, VP Airline Solutions, at Freightos. "In air cargo, payments are more than a back office function; they're a strategic lever. By combining booking with guaranteed payments, we're helping airlines strengthen cash flow, reduce disputes, and open up distribution to a much broader set of forwarders. That's what will drive a more accessible and efficient market."

"Digital transformation is at the core of our growth strategy, and partnering with Freightos represents a significant step forward in our cargo operations," said Veselin Djordjevic, Head of Cargo at Air Serbia. "The guaranteed payment solution addresses a critical business need for us, eliminating financial uncertainty while expanding our reach to freight forwarders across Europe and beyond. This integration will streamline operations, reduce administrative work, and help us focus on delivering excellent service to our cargo customers."

Freightos' Pay solution streamlines the financial aspect of air cargo bookings by ensuring carrier payment from a broader range of freight forwarders, all while  processing and reconciling transactions faster than traditional payment methods. This reduces financial risk for airlines and helps freight forwarders without an existing airline account or accreditation access carriers and grow their customer base.

Freight forwarders looking to book Air Serbia on Freightos can get started here.

About Freightos
Freightos® (NASDAQ: CRGO) is the leading vendor-neutral global freight booking platform. Airlines, ocean carriers, thousands of freight forwarders, and well over ten thousand importers and exporters connect on Freightos, making world trade efficient, agile, and resilient.

The Freightos platform digitizes the trillion dollar international freight industry, supported by a suite of software solutions that span pricing, quoting, booking, shipment management, and payments for businesses of all shapes and sizes around the globe. Products include Freightos Enterprise for multinational importers and exporters, Freightos Marketplace for small importers and exporters, WebCargo and 7LFreight by WebCargo for freight forwarders, WebCargo for Airlines, and Clearit, a digital customs broker.

Freightos is a leading provider of real-time industry data via Freightos Terminal, which includes the world's leading spot pricing indexes, Freightos Air Index (FAX) for air cargo and Freightos Baltic Index (FBX) for container shipping. Futures of FBX are traded on CME and SGX.

More information is available at freightos.com/investors.

Media Contact
Tali Aronsky
PR Lead, Freightos
tali.aronsky@freightos.com 

Investor Contact
Anat Earon-Heilborn
ir@freightos.com 

Logo - https://mma.prnewswire.com/media/2319256/4496202/Freightos_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/air-serbia-to-join-freightos-booking-platform-302723250.html

SOURCE Freightos

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Air Serbia joining Freightos mean for CRGO investors?

It expands Freightos' airline network and payment reach across Europe and the U.S. According to Freightos, the deal opens Air Serbia e-bookings on Freightos and extends Freightos Pay to forwarders lacking IATA accreditation, potentially increasing platform transaction volume and distribution.

Which Air Serbia routes will be available on Freightos' platform after March 24, 2026?

Air Serbia air cargo will be available across the United States and its European network. According to Freightos, the integration opens all origins on the platform, including niche destinations like Zagreb, Podgorica, Tbilisi, Tirana, Sarajevo, and Skopje.

How does Freightos Pay benefit forwarders without IATA accreditation when booking Air Serbia?

Freightos Pay enables rapid guaranteed digital payments from forwarders without IATA accreditation. According to Freightos, this removes a key regional barrier, allowing non‑accredited forwarders to access carriers and grow their customer base with faster transaction processing and reconciliation.

What operational benefits did Air Serbia cite for the Freightos integration on March 24, 2026?

Air Serbia highlighted streamlined operations, reduced administrative work, and elimination of financial uncertainty. According to Air Serbia, the guaranteed payment solution supports cargo growth by improving cash flow predictability and expanding reach to more freight forwarders.

Will the Freightos-Air Serbia integration reduce payment disputes for carriers and forwarders?

Yes, the integration is intended to lower disputes by combining booking with guaranteed payments. According to Freightos, guaranteed digital payments help airlines strengthen cash flow and reduce reconciliation disputes versus traditional payment methods.