Premium products and new routes across South America for IAG Cargo
The first half of 2017 has posted “robust results” for IAG Cargo, and regional commercial manager for LATAM, Rodrigo Casal (pictured) believes the airline group is ideally positioned for a strong second half. He says the Constant Climate temperature sensitive product has performed very well, helped in part by an increase in healthcare and vaccination […]
Pharma and e-commerce help IAG Cargo revenue grow 7.6% in Q2
Commercial revenue at IAG Cargo increased 7.6 per cent to €260 million ($304.3 million) with growth coming from cross border e-commerce and pharmaceuticals, and strong regional performances in Asia Pacific and Europe. Overall yield for the second quarter was up 1.1 per cent at constant exchange, with volumes increasing 6.4 per cent and capacity growing […]
Airlines appeal European Commission price fixing cartel fine
The airlines who were fined a total of €776 million ($904 million) by the European Commission (EC) for operating a price fixing cartel are appealing the decision. In March 2017, the EC re-adopted the cartel decision against 11 carriers after the original decision was annulled by the General Court on procedural grounds. Singapore Airlines, LATAM […]
IAG Cargo to fly Constant Climate shipments under its Critical product
IAG Cargo has announced Constant Climate shipments are now able to fly under its Critical product, enabling emergency medical shipments to benefit from its highest priority service. The new enhancement means shippers sending urgent pharmaceuticals now have access to the non-off loadable status and performance guarantees offered under Critical. Less than a year since its […]
IAG Cargo to offer capacity on LEVEL flights
IAG Cargo is to offer cargo capacity on its new long-haul low-cost airline, LEVEL, with routes to the Americas. LEVEL was launched in March 2017, will join cargo operations from June 2017, with services from Barcelona to Los Angeles in the USA, Punta Cana in the Dominican Republic, and Buenos Aires in Argentina using an […]
IAG Cargo ‘Critical’ passes the 1,000 shipment mark
IAG Cargo has shipped over 1,000 shipments using its ‘Critical’ product since its launch in October 2016 for goods that ‘must-fly’. The product has primarily been used for just-in-time production for manufacturers or to fix a costly fault at speed, but has also been used for unexpected shipments including tuna from Mauritius to Los Angeles […]
IAG Cargo appoints Embleton as chief executive to replace Crawley
IAG Cargo has appointed Lynne Embleton as its new chief executive with immediate effect – replacing Drew Crawley – who becomes chief executive of Avios. Embleton moves from her role as British Airways managing director at Gatwick Airport and will also join the IAG management committee, reporting directly into its chief executive Willie Walsh. She has over 25 years of […]
Increasing connectivity boosts tonnage at Gatwick Airport
Tonnage at London’s Gatwick Airport continues to climb and it grew six per cent in February reaching 5,965 tonnes for the month as new long-haul routes drive growth. This was up on the 5,628 tonnes that was achieved in the same month last year as the gateway’s volumes are boosted by better connectivity. On a […]
Revenue fall of 6.6% for IAG Cargo in 2016
IAG Cargo’s commercial revenue was €1022 million over the period from 1 January 1 to 31 December, 2016, a decrease of 6.6 per cent on 2015. Adjusting the prior year’s figures to reflect a directly comparable operation, commercial revenue fell by eight per cent versus last year. IAG says the competitive trading environment of 2015 has continued […]
Spanish market competitive but IAG remains at the forefront
IAG Cargo is one of the main players in the Spanish market and says it had a “buoyant” 2016 meeting anticipated volumes for the year. There have been challenges in Spain this winter such as the poor harvest of vegetables, which have impacted supply chains and created pressure doing business in the region. IAG moves […]
Settlements approved in Canadian air cargo price fixing class action
Settlements reaching 29.6 million Canadian dollars ($22.5 million) have been approved for distribution as part of the Canadian Air Cargo Shipping Services Class Action. Courts in Ontario, British Columbia and Quebec approved the settlements and the protocol to distribute funds as part of the class action against alleged price-fixing in the air cargo shipping market […]
IAG boosted in the US from Aer Lingus acquisition
The US is more important than ever for IAG Cargo after its acquisition of Irish carrier Aer Lingus. IAG Cargo’s vice president for commercial in North America, Joe LeBeau (pictured below) says the takeover of the Irish carrier has given cargo a boost in a “hugely important market” and it is now moving more shipments […]
VIDEO: IAG Cargo’s Drew Crawley reviews 2016
2016 was a busy year for IAG Cargo as it integrated new acquisition Aer Lingus into the business, developed its premium products and announced new British Airways routes across the globe. IAG Cargo’s chief executive, Drew Crawley reflects on 2016 and gives some insights on the focus areas for the group in the year ahead. He took […]
Premium products proving a success at IAG Cargo
IAG Cargo’s Critical service has been described as a “roaring success” with some unexpected customers using it, commercial director David Shepherd (pictured below) tells Air Cargo Week (ACW). The premium service was launched on 3 October providing shipments an absolute guarantee to fly on the service booked. It is designed for time urgent shipments which […]
WFS names Clark as global head of safety & security
David Clark is to join Worldwide Flight Services (WFS) on 27 February next year as global head of safety & security. Clark will report directly to WFS’ chief executive officer, Craig Smyth, and be based in Paris. He joins WFS after spending more than 17 years with British Airways where he has held various senior management roles […]
Strong peak season for IAG Cargo in India
IAG Cargo says it peak season volumes out of the Indian market have so far “outperformed expectations” – primarily as a result of a surge in the carrier’s e-commerce prioritise traffic from the region. IAG saw tonnage rise by 15 per cent between August and October in 2016 with volumes up 41 per cent in October compared to […]
Strong growth at Heathrow, Gatwick plans more Chinese services
Heathrow Airport’s cargo volumes have continued strong growth in October while Gatwick Airport’s double-digit recovery continues as it plans more Chinese routes. Heathrow’s volumes shot up 6.7 per cent to 141,444 tonnes with particularly strong growth from markets in Latin America and East Asia. It says Mexico was up 28 per cent, followed by China […]
IAG Cargo adds two new routes to US network
IAG Cargo has launched two new London Gatwick Airport routes to North America – to Fort Lauderdale in Florida and Oakland in California. The addition of these routes will bring the total number of IAG Cargo operated US gateways to 25 from Summer 2017. The Fort Lauderdale service is due to launch in March 2017 and […]
IAG Cargo’s revenue falls 7% but volumes up
IAG Cargo has posted commercial revenue of €240 million over the period from 1 July to 30 September in the third quarter of 2016 – a fall of seven per cent on the same quarter last year. IAG says adjusting the prior year’s figures to reflect a directly comparable operation, commercial revenue decreased 6.5 per […]
IAG Cargo boosts US network with New Orleans service
IAG Cargo will start a new bellyhold route to New Orleans International Airport from 26 March, 2017, becoming the only carrier to fly direct from Heathrow Airport. The new Louisiana state service will be served by a British Airways Boeing 787-8 aircraft, which has a bellyhold hold capacity up to 15 tonnes four times a week to and […]
IAG Cargo signs rental container agreement with Va-Q-tec
IAG Cargo has signed a global rental container agreement with Va-Q-tec – to use for the transportation of temperature sensitive cargo products. IAG says it allows customers to utilise Va-Q-tainers to move their cargo in a “safe and cost efficient way”. The Va-Q-tainers deployed will provide temperature controlled solutions for six temperature ranges ranging from -70 degrees Celsius to +25 degrees […]
Gatwick aims to handle one million tonnes by 2050
Cargo volumes at Gatwick Airport rose by 18.4 per cent in July and the London hub says it could handle one million tonnes annually by 2050 if it gets approval for expansion. Gatwick handled 6,534 tonnes in July 2016, up from 5,521 tonnes in the same month last year. In 2015 Gatwick saw cargo figures […]
Qatar Airways increases stake in IAG to 20%
Qatar Airways has increased its shareholding in International Airlines Group (IAG) to 20.01 per cent, reflecting the strength of commercial and strategic ties between the companies. Qatar’s stake in IAG is financial and the shareholding reflects the strength of commercial and strategic ties between the companies and its continued support for the ongoing strategy of […]
IAG Cargo sees first half revenue and tonnage fall
International Consolidated Airlines Group (IAG) has seen cargo revenue fall by 6.9 per cent in the first half of 2016 and tonnage has also declined. The cargo division, IAG Cargo has seen revenue fall to 503 million euros ($557.3 million) compared to 540 million euros in the first half of 2015. Cargo volumes have fell […]
UK remains strong despite weak start to 2016
The slowdown of the UK manufacturing sector has made business challenging and Brexit may compound this, but IAG Cargo tells Air Cargo Week it is still one of the best connected economies in the world. The airline group, which owns Aer Lingus, British Airways, Iberia and Vueling, says the end of 2015 saw a slowdown, […]
IAG Cargo enhances Shanghai bellyhold service
IAG Cargo has started its new Madrid to Shanghai service through Iberia – making it one of the only carriers to directly connect the two cities. IAG has also announced that the winter 2016 schedule will offer 10 flights per week from Heathrow Airport to Shanghai Pudong International Airport on British Airways services; an increase of […]
Brexit: IAG predicts no long term impact, Heathrow calls for expansion
International Consolidated Airlines Group (IAG) predicts there will be no long term material impact on business following Brexit, while Heathrow Airport says the vote reinforces the need for a third runway. Following the UK public voting to leaving the European Union, there has been much debate on the impact to the country’s economy, with the […]
IAG Cargo appoints new regional commercial manager
IAG Cargo has today announced the appointment of Pravin Singh to the role of regional commercial manager for Asia Pacific and India. Singh’s role will focus on driving growth across these key markets, ensuring that IAG Cargo continues to expand its footprint across existing and new markets. He has 20 years of airline experience to the […]
AF-KLM’s de Juniac confirmed to succeed Tyler as IATA head
Alexandre de Juniac has been confirmed to succeed Tony Tyler as director general and chief executive officer (CEO) of the International Air Transport Association (IATA), and Willie Walsh will be chairman of the board of governors. De Juniac, who is the chairman and CEO of Air France-KLM will take over at IATA on 1 September. […]
60 Seconds with IAG’s chief financial officer, Sarah Nichol
Justin Burns ACW: How have the first months of 2016 been for IAG Cargo and has business met your targets? Nichol: Our Q1 2016 results have been respectable in the face of a challenging market. We have continued to focus on premium products, strong cost control and strict capacity management and are confident that our […]