India’s middle class drive demand for high end goods
The growing middle class in India is driving demand for high end goods such as electronics, IAG Cargo regional commercial manager APAC, India & Middle East, Pravin Singh tells Air Cargo Week. He says demand for consumer electronics, comprising mainly of smart phones, is being driven by the vast millennial population and growing middle class, […]
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 revenue dips but cargo volumes grow
IAG Cargo’s revenue dipped by 2.1 per cent in the first quarter of 2017, with volumes growing but capacity increasing at a higher rate. Commercial revenue was €256 million ($279.6 million), a 2.1 per cent decrease at constant exchange, while cargo tonne kilometres (CTK) were up 3.6 per cent to 1.36 billion. Capacity grew 12 […]
Air Cargo Europe: Pharma and new business models
If the two air cargo europe sessions were not enough, there will also be discussions focusing on pharmaceuticals and new business models. Pharma has been a hot growth sector for the air cargo industry in recent years, and with it significant drives to improve quality and an increasing number of companies undergoing International Air Transport […]
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 starts Madrid – Basel pharma freighter flights
IAG Cargo has launched freighter flights between Madrid and Basel using a Cygnus Air Boeing 757-200 Freighter, to meet the demands of Switzerland’s pharmaceutical sector. The service has been on trial since January and IAG Cargo says it has proved popular offering access to its Latin American network. The flights support Switzerland’s pharmaceutical sector, which […]
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 […]
Sea freight constraints give boost to IAG on Europe-APAC lanes
IAG Cargo has seen a boom in demand on key routes from Europe into Asia Pacific (APAC) over the first two months of the year. Cargo volumes from Europe to APAC over this period have increased by 23 per cent when compared to the same timeframe in 2016, with fashion, spare parts, fresh fish and […]
Girdwood chosen as IAG Cargo chief financial officer
Lewis Girdwood has taken over as IAG Cargo chief financial officer, bringing over 25 years of financial experience with him. He joins the company from EasyJet where he was head of financial planning and analysis, and will play a key role in delivering IAG Cargo’s business strategy. IAG Cargo chief executive officer, Drew Crawley says: […]
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 […]
Flower shipments bloom for Valentine’s Day at IAG Cargo
Flower volumes have bloomed at IAG Cargo in the run up to Valentine’s Day and demand for high-end chocolate has also grown. The airline group, which consists of British Airways World Cargo, Iberia Cargo, Aer Lingus, bmi and Vueling, has seen an 18 per cent increase in flower volumes from Columbia and Ecuador, while high-end […]
US lettuce volumes double to relieve UK shortage
The shortage of lettuce in the UK due to poor weather in Europe has resulted in a huge surge in demand for fresh products from the Americas, IAG Cargo reports. UK supermarkets have been suffering shortages of iceberg lettuce and other vegetables due to bad weather in Spain, pushing up prices and leading to some […]
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: The Who – Moving on from a U-haul to an IAG Cargo B747
Following the completion of the first part of The Who’s Hits 50 Tour, lead singer Roger Daltrey spoke to IAG Cargo about how the airline helped deliver logistical support for concerts and tours, and how touring has moved on from needing a U-haul van to a Boeing 747.
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 […]
IAG Cargo donates blankets to Kenyan school children
IAG Cargo has donated four pallets of blankets and sleeping bags to help keep Kenyan school children in Nairobi warm this winter. Working with humanitarian organisation The Order of Malta, and Blankets4Africa, which works with charities to distribute blankets to those in need, IAG Cargo collected over 400 cabin blankets and 150 crew sleeping bags, […]
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 […]
IAG Cargo launches Paris Orly – Newark services
IAG Cargo has launched direct cargo flights between France and the US with Boeing 767-200 services between Paris and New Jersey. The route will use an OpenSkies 767-200 four times a week between Paris Orly Airport and Newark Liberty International Airport. It is expected to carry cargo including fashion and textiles, perishables and spare machinery […]
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 […]
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 […]
Tonnage rise in September for Finnair
In September, Finnair’s revenue tonne kilometres grew year-on-year (YOY) by a significant 24.8 per cent to 11,972 tonnes and after nine months of the year tonnage has grown YOY by 15.8 per cent to 96,667 tonnes. The carrier saw strong growth on European, North Atlantic and Asian trade lanes last month – up YOY 33.8 per […]
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 […]
Finnair Cargo and IAG Cargo improve connectivity
Finnair Cargo and IAG Cargo is to enhance connectivity for its customers with five weekly Airbus A350 flights between Helsinki Airport and London Heathrow Airport. This is an additional three extra widebody aircraft flights per week as there was previously only two and the new frequency will start from 3 October. The carriers will share capacity […]
IAG Cargo launches ‘Critical’ for emergency shipments
IAG Cargo has added to its premium services with the launch of its emergency shipment product, ‘Critical’, to guarantee the cargo will fly. Critical will be available from 3 October and is IAG Cargo’s first non-off loadable product, providing shipments with a guarantee to fly on the service booked. It says critical shipments will be […]
New Premia facility at Heathrow Airport for IAG Cargo
IAG Cargo is to construct a new £55 million ($71 million) premium facility at Heathrow Airport to cater for ever growing demand for products such as express shipments and pharmaceuticals. The new building will be twice the size of IAG Cargo existing Premia facility and will include a larger dedicated Constant Climate Quality Centre for […]
Finnair’s network expansion helps it grow in August
Finnair’s cargo capacity in scheduled traffic measured in available tonne kilometres (ATK) grew by 4.9 per cent, and revenue tonne kilometres (RTK) increased by 8.7 per cent year-on-year (YOY) in August. ATK was 121.8 million, while RTK was 69.4 million and for the year so far ATK is 923.4 million, a YOY rise of 7.1 […]
Pharma investments made by IAG Cargo paying off
IAG Cargo’s Constant Climate (CC) product has been running for 10 years and continues to go from strength to strength, providing a boost in a challenging marketplace. The temperature-sensitive pharmaceuticals market is a growing area of premium cargo and has seen 8-10 per cent growth. IAG Cargo’s global head of pharmaceuticals and life sciences, Alan […]