News / IAG Cargo chief says 2014 was a 'strong' year and announces tie-up with Finnair

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IAG Cargo said on Friday its commercial revenues in 2014 had risen 2.4% year on year, on a like-for-like basis, while volumes grew 6.7% and capacity increased by 2.3%.

The like-for-like basis was adjusted to reflect a “directly comparable freighter operation”, after the carrier terminated the leases on its 747-8Fs last year.

It continued to see a fall in yields, however. Yields fell 3.2% on annual commercial revenue (flown revenue plus fuel surcharges) of €992m – in 2013 overall yields fell 5.2% ...