IAG yields surge during Covid crisis

IAG Cargo reported commercial revenues up 33.1% to €369m in the second quarter of 2020 compared with 2029 (1 April to 30 June) with overall yields for the quarter up by 224.7%. It said the surge reflected the extra costs of cargo-only flying and dedicated charters during the Covid crisis. Sold tonnes were down 51.2%. Chief executive Lynne Embleton commented: “We rapidly developed one of the most comprehensive networks of scheduled cargo-only ... [+]

IAG feels first effects of Covid-19

IAG Cargo reported an 11.6% decrease in commercial revenues to €246m for the period from 1 January to 31 March 2020. Overall yield for the quarter was up 4.8% compared to the same time last year at constant currency. Chief executive Lynne Embleton said that the January and early February ... [+]

IAG Cargo to the rescue

IAG Cargo owner of the British Airways, Aer Lingus, Iberia and Vueling cargo brands, is operating a global network of cargo-only flights to keep supplies moving to support the fight against COVID-19. Since March, IAG Cargo and its sister airlines have operated charter and cargo-only flights on passenger aircraft with shipments ... [+]

IAG revenue falls in a tough market

IAG Cargo reported a 7.2% fall revenues to €1,117m over in 2019 in what chief executive Lynne Embleton described as a tough year for the industry. She said: “The decline in our reported revenues for 2019 reflects these challenging macroeconomic and market conditions.” However: “The strength of our network and ... [+]

IAG Cargo wilts over summer

IAG Cargo’s quarter revenue from July 1 to September 30 was down 9.0% versus last year at constant currency, at €269m. Chief executive Lynne Embleton said it reflected the industry wide decline in air freight and weakening of global trade. However, IAG’s network breadth allowed it to take advantage of ... [+]

Air forwarders see a digital future

Over half the respondents to an IAG Cargo survey said that increased automation and digitalisation were the most important trends in the air freight industry while 81% expect technological change to have a positive impact on their business IAG Cargo shared the findings from a global survey of more than 400 ... [+]

Ideas wanted to transform air cargo

IAG Cargo is seeking applicants for its Hangar 51 innovation programme, aimed at finding start-ups with ideas or products to transform the aviation industry. Start-ups with ideas for transforming cargo services are invited to apply to the 10-week mentorship programme. Successful candidates will compete for investment from IAG’s multimillion-pound fund. ... [+]

IAG Cargo sets up 24-hour team

IAG Cargo has set up a dedicated 24-hour Critical Service Team, operating seven days a week to support customers with urgent shipments. Based at IAG Cargo’s London Heathrow hub, the team will support all service matters related to the Critical product, overseeing the entire shipment journey including out-of-hours bookings, customer service ... [+]

All there in black and white

IAG is sponsoring a new exhibition at the national Gallery in London showcasing the work of artists including Rembrandt, Picasso and Richter who painted in nothing but black, white and various shades of grey. The carrier is also the exhibition’s official logistics partner, moving over 50 pieces of artwork from around ... [+]

Blankets for Africa

IAG Cargo has shipped four pallets of blankets and sleeping bags from London to Nairobi to help keep children warm in Kenya this winter. The carrier organised a charitable collection from across the IAG including over 400 cabin blankets and 150 crew sleeping bags. IAG Cargo worked closely with The ... [+]

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