QR, IAG, MAS announce air cargo partnership – but are conditions right?
Three Oneworld airlines are attempting a move which has had little success in cargo to ...
IAG Cargo has recorded a 6.9% decline in airfreight revenues for the nine months to September, mirroring a pattern seen across the global airfreight market. But the market is expecting to see a strong end to the year.
IAG’s year-to-date revenue fell to €743m from €798m in 2015. For the three months to September, the picture was almost identical with a 7% year-on-year decline. The carrier noted that “challenging market conditions continue”.
The falling revenues were the result of a 15% dip ...
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