Air Cargo Vision

IAG revenue on the up

IAG Cargo, the cargo division of International Airlines Group which includes British Airways, Iberia and Aer Lingus, reports second quarter revenue of 2022 €411 million for the period from April 1 to June 30 2022, taking half year revenue to €843m, up 9.6% on the first half of 2021.

IAG Cargo’s Q2 2022 tonnage was up 4.6% whilst overall yield reduced by 2.0% at constant currency versus the same period in 2021.

IAG Cargo says it now offers more destinations into North America from London-Heathrow than pre-pandemic. Route expansion included opening a new service to Portland from London-Heathrow, and new services into Dallas and Washington from its Madrid hub, while flights also restarted services into Pittsburgh.

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