IAG Cargo, the cargo division of International Airlines Group (IAG) reports its financial results for H1 2024. The business reported commercial revenues of €566 million for the period from January 1 to June 30, 2024. IAG Cargo’s H1 2024 tonnage was up 7.8 per cent, versus H1 2023; revenues represent a decrease of 6.1 per cent. Yields for H1 2024 were below those of H1 2023. "We achieved solid results with year-on-year volume growth in a global market characterised by less supply chain … [Read more...] about IAG Cargo delivers H1 2024 revenues of €566 million
IAG Cargo
IAG Cargo appoints new sustainability manager
IAG Cargo is looking to lead the charge in promoting sustainable cargo operations with the appointment of Saleem Saeed as its new sustainability manager. Saleem will use his previous experience and expertise within the construction sector to lead the sustainability strategy across IAG Cargo’s business, whilst engaging partners and customers to join on this journey. The new sustainability manager will build on current initiatives and drive forward new ways of minimising the carbon footprint … [Read more...] about IAG Cargo appoints new sustainability manager
IAG Cargo’s tonnage up in H1 as rates slide
IAG Cargo, the cargo division of International Airlines Group (IAG) has released its financial results for the first half of 2023, reporting revenues of €603 million, or around US$660 million. This represents an 8.5 percent jump compared to the same period before the pandemic in 2019 but a 28.5 percent dive year-on-year. Yields for the first half were down from the same period last year, tonnage was up 6.5 percent and 15.3 percent lower in comparison to H1 2019. IAG … [Read more...] about IAG Cargo’s tonnage up in H1 as rates slide
IAG Cargo opens state-of-the-art facility at LHR
IAG Cargo has officially opened a new 10,000-sqm handling facility at London Heathrow Airport, which will serve as a hub for handling premium loose shipments. With the ‘New Premia’ facility, IAG expects to see double the amount of cargo it will manage daily. To handle increased capacity, the company has put significant focus on designing IT systems and systems integration to regulate freight movements and allocations. IAG said the state-of-the-art facility has been designed to handle more … [Read more...] about IAG Cargo opens state-of-the-art facility at LHR
IAG Cargo sets fees for paper air waybills in April
Starting 3 April, IAG Cargo will introduce a charging fee of £10 for paper air waybills (AWB) to encourage adoption of the electronic version or eAWB. The cargo division of the International Airlines Group introduced the eAWB as part of a ‘Destination Digital’ strategy to transform the business digitally. So far, nearly 50 percent of customers already use eAWB, and IAG Cargo is targeting an adoption rate of 100 percent by the end of 2023. IAG said the industry has relied on paper … [Read more...] about IAG Cargo sets fees for paper air waybills in April
Titanosaur rides British Airways flight to London
Last week (2 February 2023) IAG Cargo safely delivered the skeleton cast of the world’s largest known dinosaur—Patagotitan mayorum—on a shipment from Buenos Aires to London Heathrow. The Natural History Museum partnered with IAG Cargo to deliver the full cast of the titanosaur ahead of its exhibition in London, ‘Titanosaur: Life as the biggest dinosaur,’ which will run from 31 March 2023 to 7 January 2024. The cast was stored into 32 crates and transported in the belly capacity of two … [Read more...] about Titanosaur rides British Airways flight to London
