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IAG revenue on the up

[ July 29, 2022   //   ]

IAG Cargo, the cargo division of International Airlines Group which includes British Airways, Iberia and Aer Lingus, reports second quarter revenue of 2022 €411 million for the period from April 1 to June 30 2022, taking half year revenue to €843m, up 9.6% on the first half of 2021.

IAG Cargo’s Q2 2022 tonnage was up 4.6% whilst overall yield reduced by 2.0% at constant currency versus the same period in 2021.

IAG Cargo says it now offers more destinations into North America from London-Heathrow than pre-pandemic. Route expansion included opening a new service to Portland from London-Heathrow, and new services into Dallas and Washington from its Madrid hub, while flights also restarted services into Pittsburgh.

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