IAG Cargo volumes up

INTERNATIONAL Airlines Cargo (IAG) achieved an 8.6 per cent improvement in commercial revenue during the full financial year.

The carrier, an enterprise of BA World Cargo and Iberia Cargo, recorded €1.19 billion (US$1.59 billion) in revenue while its cargo tonne kilometres (CTK) reached 6,156 million CTKs, up 4.2 per cent year-on-year.

Capacity rose 5.6 per cent, thanks to the inauguration of a brand new -8F. The other two began operations in January this year.

Read more in ACN issue 723, published 5 March.

Share this story

Related topics

Latest news

Dnata to expand at Heathrow with new cargo facility

By Damian Brett

Aberdeen Standard Investments’ Airport Industrial Property Unit Trust (AIPUT) fund has signed a pre-let agreement with dnata for a new…

Read More

Asia-Europe air cargo rates close in on 2018 levels in November

By Damian Brett

Airfreight rates on the Asia-Europe trade closed in on 2018 levels in November, but transpacific prices for the month still…

Read More

Sovereign Speed enters airfreight market with Businesswings acquisition

By Rachelle Harry

Time-sensitive trucking firm Sovereign Speed has expanded into the airfreight market thanks to its acquisition of German Kassel-based airline Businesswings….

Read More