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IATA partner completes drone test flight programme
FARNBOROUGH, UK: July 17, 2018. Drone manufacturer...

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Hactl becomes first to complete IATA SFOC
HONG KONG: July 17, 2018. Hong Kong Air Cargo Term...

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Freightos and Lufthansa launch rate platform
LONDON: July 17, 2018. Lufthansa Cargo and Freight...

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Antonov building on 2017 growth
LONDON: July 17, 2018. Having recorded an 81 perce...

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Delta and Korean Air begin trans-Pacific cargo collaboration
ATLANTA: July 17, 2018. Delta Air Lines Cargo and ...

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Southwest begins international cargo service to Mexico
HOUSTON, TX: July 16, 2018. Southwest Airlines Car...

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Volga-Dnepr to order 34 new widebody freighters
FARNBOROUGH, UK: July 17, 2018. Volga-Dnepr Group ...

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APL Logistics joins Blockchain in Transport Alliance
SINGAPORE, July 16, 2018. APL Logistics has joined...

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IoT platform to monitor pharma shipments in flight
FARNBOROUGH, UK: July 16, 2018. AirBridgeCargo Air...

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IATA partner completes drone test flight programme
Hactl becomes first to complete IATA SFOC
Freightos and Lufthansa launch rate platform
Antonov building on 2017 growth
Delta and Korean Air begin trans-Pacific cargo collaboration...
Southwest begins international cargo service to Mexico
Volga-Dnepr to order 34 new widebody freighters ...
APL Logistics joins Blockchain in Transport Alliance
IoT platform to monitor pharma shipments in flight...

Latest News

SWW JAL deal
20 Jul, 2018

JAL Cargo to use Silk Way for Japan-EU trade

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19 Jul, 2018

Liege Airport adds Volga-Dnepr to Cainiao Network

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FARNBOROUGH: July 17, 2018. Volga-Dnepr Group (VDG) and CargoLogicAir (CLA) have signed…
Airbus UAS
18 Jul, 2018

Airbus to determine drone delivery viability for medical supplies

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FARNBOROUGH: July 18, 2018. Airbus and International SOS, a medical and security risk…
VTG tank wagons
18 Jul, 2018

Rail lessor VTG rejects Morgan Stanley bid

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HAMBURG: July 16, 2018. VTG Aktiengesellschaft, a European rail leasing and logistics…
Panalpina perishables
17 Jul, 2018

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in 3PL
BASEL: July 17, 2018. Panalpina has agreed to acquire a majority stake in…
Embraer Farnborough
16 Jul, 2018

Embraer’s market outlook to reach US$600 billion

in Air
FARNBOROUGH, UK: July 16, 2018. United Airlines has ordered 25 Embraer E175 jets at a…
comsa
13 Jul, 2018

SNCF acquires first private rail operator in Spain

in Rail
BARCELONA: July 13, 2018. SNCF Logistics is to acquire COMSA Rail Transport from Spanish…
Edmonton International Airport
12 Jul, 2018

Edmonton eyes Canada first with CEIV

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EDMONTON, Canada: June 11, 2018. Edmonton International Airport is aiming to be the first…
Virgin Hyperloop Texas
11 Jul, 2018

Texas considers hyperloop route to Mexico

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DALLAS-FORT WORTH, TX: July 11, 2018. The Dallas-Fort Worth Regional Transportation…

PRESS RELEASE

July 31, 2015: IAG Cargo today announced its Q2 results from April 1 to June 30, 2015, reporting an 8.8 per cent increase in commercial revenue to €259 million versus the same period last year.

IAG Cargo's revenue growth comes during a period of network expansion, with a capacity increase of 2.1 per cent.

In the second quarter, challenging market conditions placed pressure on yields which decreased 3.0 per cent at constant exchange, with volumes also finishing 2.1 per cent down on the prior year.

Steve Gunning, CEO at IAG Cargo commented: "Over the last three years IAG Cargo has been on a relentless drive to restructure our business and implement an operating model that performs well during market fluctuations. On the back of a strong Q1 and a softer Q2 market, IAG Cargo has delivered a set of results that demonstrates the resilience and adaptability of our business.

"Successes over the quarter include a record growth in our Premium Product tonnage; the introduction of a simplified freight rate structure for our customers; opening a new route into Kuala Lumpur and bringing two new Constant Climate stations online. We have also added 47 flights to our EuroConnector service, providing customers with a greater array of options for shipping goods into, around and out of Europe."

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