IAG Cargo boosts capacity between Europe and Panama City

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IAG Cargo has today announced an increase in flights between its Madrid hub and the high growth region of Panama, improving connectivity between the European and Latin American markets. As of June 2014, an additional weekly flight will be added to the existing five flights per week, before moving to a daily service in July.

The route, served by Iberia’s A340-300, A340-600, as well as the airline’s brand new A330-300, will deliver increased lift in and out of Panama City and boost capacity by 24% following the introduction of daily flights. Panama has an anticipated growth in GDP of 6.9 per cent this year[1], making it Latin America’s fastest growing region and an important market for IAG Cargo.