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 ...
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By Alex Lennane
In line with other carriers, IAG Cargo saw volumes and revenues fall in the first six months of the year.
Revenue from cargo at the group’s carriers, which include British Airways, Aer Lingus and Iberia, fell 6.9% to €503m on volumes down 13% to 375,000 tonnes.
Cargo tonne kilometres (CTKs) were up slightly, however, but revenue per CTK fell 8.5% to $0.19.
IAG Cargo CEO Drew Crawley said increased competition across all modes and downward price pressure would mean the carrier would continue to ...
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