"Quantum Computing has the ability to revolutionize Global Air Cargo Operations," Sky One FZE Chairman Jaideep Mirchandani

 

Jaideep Mirchandani, Chairman of aviation conglomerate Sky One FZE, hopes to see the aviation industry harnessing the latest technologies like quantum computing to solve complex challenges of Global Air Cargo and change the future of aviation with improved inventory management, minimizing waste, and enhance overall efficiency

Global air cargo operations, with their intricate logistics and the need to adapt to ever-changing conditions, present a multifaceted challenge for the aviation industry. With the explosion of e-commerce, these challenges have amplified, creating the need for a paradigm shift led by new technology like quantum computing. Though still at a nascent stage, this cutting-edge technology, has the potential to revolutionize various industries, including aviation, by processing complex data at unprecedented speeds.

‘Quantum computing, with its unmatched computational capabilities, is sure to untangle the complications of supply chain management, capacity optimization, security, documentation, & permission, as well as basic tracking for operators as well as customers. I look forward to a tech-based solution that can boost operations globally in a sustainable manner,’ said Jaideep Mirchandani, Chairman of aviation conglomerate Sky One FZE.

By using the principles of quantum mechanics to process and store data in a fundamentally different way from classical computers - it has the potential to revolutionize the industry. A recent report published by the European Commission stated that, when used to optimise airline schedules, quantum computing can create efficient travel plans for thousands of passengers, making journeys quicker, more cost-effective, and fuel-efficient.

While practical, large-scale quantum computers are not yet widely available, researchers and companies are working on building more powerful and accessible systems “It is expected to have a significant impact on aviation in the future, from calculating the best routes for fuel consumption to cargo optimization and logistics. Another aspect is the security and documentation of cargo to ensure not just permissions but also live tracking. Global air cargo needs the support of integrated solutions and advanced computing, which is sure to give companies a competitive edge in an industry where effective logistics are crucial for success,” Mr. Mirchandani added.

Recently, Quantum South, a quantum computing company, released the newest version of its cargo optimization software, which employs quantum-inspired algorithms to ascertain the optimal strategy for packing a consignment into an aircraft. With the help of quantum algorithms, the software considers multiple interrelated factors affecting optimal loading, such as maximum weight and length, the center of gravity, sheer, and shape of the airframe, ensuring compliance with necessary restrictions.

“The positive response within the airline industry to such software 0points to an exciting outlook for the use of advanced quantum technology and working towards increasing operational efficiency. We expect more such tools to propel air cargo transportation towards a more efficient and environmentally sustainable future," added Mirchandani.

A recent 'Markets and Markets' research, the global quantum computing market is projected to be valued at US$ 866 million in 2023 and is anticipated to reach US$ 4,375 million by 2028, exhibiting an impressive CAGR of 38.3 percent over the next five years.

Mirchandani reiterated that with its capacity to process vast amounts of data rapidly, quantum computing can aid airlines beyond just number-crunching Referring to recent developments in which technical giants like IBM are launching a weather forecasting system integrated with quantum computing, Mr. Mirchandani noted, “Quantum-based precise weather forecasting will also help cargo airlines avoid adverse weather conditions and minimize delays."

While the quantum computing ecosystem is still evolving, reports indicate that major aircraft manufacturers have already established partnerships with computing companies to jointly undertake aircraft-loading projects. These initiatives primarily aim to leverage quantum technology in the aerospace services industry, with a focus on enhancing fuel efficiency and cargo loading. Sky One FZE Chairman added that, ‘Once the early use cases begin to emerge, we can analyze the positive effects of such initiatives across various facets of the aviation industry and implement them,” concludes the aviation visionary.