Latin America drives IAG growth

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IAG Cargo increased revenues by 11.1% to €629 million (US$718m) in the first half of 2025 compared with the same period last year.

Latin America – Europe routes continue to be a key growth driver, with tonnage up 19.3% in the first half of 2025 compared to the same period last year. Shipments of its Critical product, for premium, time-sensitive goods, also increased by 30.5%,

Progress continues on the Global Cargo Joint Business with Qatar Airways Cargo and MASkargo, announced earlier this year and scheduled to formally launch in late 2025, subject to regulatory approvals. The combined networks will offer greater routing flexibility and expanded capacity across key trade lanes connecting Asia Pacific, the Middle East, Africa, Europe, the Indian Subcontinent, and the Americas.

The partners have also pledged a combined 1,000 tonnes of cargo capacity to support the UN World Food Programme’s humanitarian operations.