• Photo: IAG Cargo


Artikel Nummer: 31925

Not all figures deep in the red in Q/1

IAG Cargo has announced its Q1/2020 results, reporting commercial revenues of EUR 246 million over the period from 1 January to 31 March 2020, a decrease of 11.6% on the same period in 2019 at constant currency.


Overall yield for the quarter was up 4.8% when compared to the same time last year at constant currency. Sold tonnes were down 14.9% and CTK volumes were down 15.7% whilst capacity declined by 13.8%.


CEO Lynne Embleton: "We adapted quickly and we were one of the first airline groups to announce scheduled cargo-only flights using passenger aircraft. In doing so we have kept routes around the world open to cargo. IAG Cargo' essential role of maintaining vital supply chains and supporting global trade has never been so visible or more evident." (ah)




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