News / IAG Cargo annual revenues beat the €1bn mark, as airlines reap the rewards of the capacity crunch

They will not be the only ones to announce significant growth in 2017, but both Atlas Air and IAG Cargo this week revealed a strong 2017.

The Loadstar will report on Atlas Air in more detail next week, but in brief, the carrier enjoyed a 17% rise in revenues to $2.16bn, while volumes rose 20%.

IAG Cargo was somewhat less stellar – but its revenues for the calendar year went up 8% at constant exchange, to €1.08bn, while volumes grew 8%. The carrier ...