IAG Cargo today announced its Q1 2020 results, reporting commercial revenues of €246m over the period from January 1 to March 31, 2020, a decrease of 11.6 per cent on the same period in 2019 at constant currency. Overall yield for the quarter was up 4.8 per cent when compared to the same time last year at constant currency. Sold tonnes were down 14.9 per cent and CTK volumes were down 15.7 per cent whilst capacity declined by 13.8 per cent.
IAG Cargo is operating a global network of cargo-only flights to keep vital medical supplies moving across the world to support the fight against COVID-19. It is leading on co-ordinating efforts across International Airlines Group (IAG) airlines including Aer Lingus, British Airways and Iberia, to transport critical goods like personal protective equipment (PPE), hand sanitiser and ventilators as health authorities seek fast, reliable delivery.
IAG Cargo has today announced its 2019 full year results, reporting commercial revenues of €1,117m over the period from January 1 to December 31, 2019, a decrease of 7.2 per cent on 2018 at constant currency. Overall yield for the year was down 4.9 per cent at constant currency. Sold tonnes were down 2.8 per cent and CTK volumes were down 2.4 per cent whilst capacity grew by 1.0 per cent.
IAG Cargo has today announced its Q3 2019 results, reporting revenues of €269m over the period from July 1 to September 30, 2019, a decrease of 9.0 per cent versus last year at constant currency. Sold tonnes were down 5.7 per cent, whilst yield for the quarter was down 4.2 per cent at constant currency. CTK volumes were also down 4.9 per cent and capacity was down by 0.1 per cent.
IAG Cargo today shared the findings from a global survey of more than 400 freight forwarders in 47 countries on perceptions of the air cargo industry this year. The report, Cargo Next, identifies the key trends and expectations of freight forwarders within the next 12 months.
IAG Cargo, in collaboration with Vueling and Iberia, is seeking applications for the 2019 International Airlines Group (IAG) Hangar 51 global innovation programme. Start-ups of all sizes and growth stages from around the world are invited to apply to join the industry-leading accelerator programme which aims to transform the aviation industry.
Today at Air Cargo Europe in Munich, IAG Cargo announced that WebCargo by Freightos has become the first live user of IAG Cargo’s digital APIs. This provides instant access to rates, route availability, and the platform to make and manage bookings in real time to any of IAG Cargo’s 350+ destinations.
IAG Cargo has today announced its Q1 2019 results, reporting revenues of €275m over the period from January 1 to March 31, 2019, a reduction of 2.5 per cent on 2018 at constant exchange. Sold tonnes were up 2.5 per cent, whilst yield for the quarter was down 5.0 per cent at constant exchange. CTK volumes were also up 2.6 per cent and capacity grew by 4.8 per cent.
IAG Cargo today has announced the expansion of its highest priority product with the introduction of a dedicated 24-hour Critical Service Team, operating seven days a week, 365 days a year to support customers with urgent shipments.
IAG Cargo today announced the launch of a new relocations product to offer a simple and convenient solution to customers moving abroad. The first air freight carrier to offer a home relocation service directly to consumers, IAG Cargo is expanding its portfolio to provide fully integrated products to meet the needs of its customers around the world.
IAG Cargo has today announced a new pet transportation service on flights from the UK through its partnership with PetAir UK, alongside its sister company British Airways, offering customers an improved online booking experience and custom crates to suit each pet.
IAG Cargo has today announced a new direct service from the UK to Islamabad, Pakistan, starting from June 2019. The service will run year-round, three times a week from London Heathrow and customers will have access to up to 15 tonnes of lift per flight.
IAG Cargo has announced the cargo finalists from this year’s Hangar 51 accelerator programme for start-ups that it will be collaborating with over the coming months. Hangar 51 is a global innovation programme led by International Airlines Group (IAG) in collaboration with IAG Cargo, British Airways and Avios.
IAG Cargo has announced the introduction of a new direct service to Pittsburgh, Pennsylvania. From April 2, 2019, the service will run year-round, four times a week from London Heathrow and will be the only direct flight from the UK to Pittsburgh.
IAG Cargo will be the logistics partner for the BP exhibition I am Ashurbanipal: king of the world, king of Assyria at the British Museum. The carrier will transport a number of important loans from museums across Europe with its ‘Secure’ service, dedicated to delivering high-value consignments.
IAG Cargo today announces that IAG’s new long-haul low cost airline brand LEVEL will join its cargo operations from June 2017. LEVEL was launched in March of this year and will be the fifth airline brand to join IAG Cargo, alongside British Airways, Iberia, Aer Lingus and Vueling.