IAG Cargo has high hopes for peak season after strong Q3

IAG Cargo revenue has increased by 7.9 per cent in the third quarter to €259 million ($304 million) despite tonnage seeing a small dip. Tonnage dipped by 0.6 per cent to 167,000 tonnes, though cargo tonne kilometres (CTK) were up by 7.7 per cent to 1.4 billion. In the nine months up to 30 September, […]

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 […]

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: […]