News / 'A great year for air cargo', which now makes up one third of airline business

IATA DG Willie Walsh

Airlines are more likely to invest in cargo, and particularly technology, now that freight revenue has become crucial to their business, says IATA’s new DG, Willie Walsh.

Setting out his priorities for the sector, Mr Walsh said digitisation was key to the industry, and that cargo had “lagged” behind the passenger business.

But now cargo is recognised as a key revenue stream, airlines are more likely to invest.

“I’m convinced money will be made available,” he said. “You have to prepare businesses for ...