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IAG Cargo loses chief to Aer Lingus

[ February 25, 2021   //   ]

International Airlines Group has appointed its cargo chief executive Lynne Embleton as chief executive of  its Irish airline, Aer Lingus from 6 April. She replaces Donal Moriarty who has been interim chief executive since October 2020 and who will resume his role as the airline’s chief corporate affairs officer.

Asked what arrangements were being made for a successor at IAG Cargo, the airline said: “We have no further comments on the announcement.”

Meanwhile, on 25 February, IAG Cargo reported commercial revenues of €1,306 million in 2020, an increase of 18.5 % on 2019 at constant currency.  Overall yields for the year were up 94.6% but sold tonnes were down 34.9%.

Lynne Embleton said: “Our top priority was to maintain a broad network and product proposition for cargo customers despite the pandemic. Without a freighter fleet, we adapted our operations and quickly established a comprehensive network of scheduled cargo-only flying using the group’s passenger aircraft. We identified markets most in need of air cargo supply, where the demand could support the yields required to cover the costs of cargo-only-services.”

In March IAG Cargo assembled a charter team to develop dedicated capacity which during the year we operated over 1,000 charters and removed the seats from five passenger aircraft to create more capacity.  

The Constant Climate cold chain service for temperature sensitive pharmaceutical products, performed particularly well with revenue increasing by more than 10% on 2019 and the first doses of Covid-19 vaccines flown in December.

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