News / IAG Cargo revenue rises in 'a notable year' that also saw a dip in volumes

IAG Cargo recorded a 7.2% upturn in revenue in 2018, generating income of more than €1.1bn, despite declining volumes.

The parent company of British Airways, IAG does not report on the profitability of its cargo services, but it did note a 0.9% dip in volumes alongside a 3.9% increase in available capacity – against the market average growth in volumes of 3.5%.

Overall yield for the year, however, was up 8.1% at constant currency.

Chief executive Lynne Embleton said last year’s performance represented ...