Strong recovery for IAG Cargo

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IAG Cargo reported revenues of €405 million in the third quarter (July to September), an increase of 34.4%. The airline said that activity was accelerating back to 2019 levels. It said its success has been achieved through a sustained resurgence in flights. Overall, IAG Cargo has seen a 24% increase in capacity on the previous quarter and a 62.2% increase compared to the third quarter of last year. New routes during the quarter included Nairobi, Istanbul, Male, Chennai, Vienna, Denver and Phoenix whilst many other lanes saw increased frequencies.