Air, Freight News

Record quarter for IAG cargo

[ August 9, 2021   //   ]

IAG Cargo said the second quarter of 2021 was a record with revenue up 17.3% to €419 million for the period April 1 to June 30. E-commerce continued to be a major driver of activity in the quarter, but there was also a very significant increase in the movement of Italian wine into the US – 95,000 bottles.

IAG Cargo and the passenger business launched additional flights as some governments eased restrictions. Activity from Spain to Latin America increased as a result, with additional frequencies to Sao Paolo and Mexico City and a resumption of services into Guayaquil and San Juan.

During the quarter IAG Cargo operated an extensive charter programme on top of its cargo-only schedule although the carrier continues to be impacted by passenger restrictions in the UK and Ireland.