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IAG Cargo’s second-quarter results show an upturn of just 17.3% in revenues, year on year, while yields fell 32.1%.

The revenue increase was far lower than that of its competitors.

IAG Cargo’s half-year revenues were €769m ($924,), up 25% on the previous year, and while higher than those of American Airlines, Air Canada and Delta, the North American majors all – including those which like United Cargo were quick to react to the pandemic – saw far greater rises, with United up ...

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