European carriers report mixed results for June

In the first look at European carrier results for June, mixed results indicate ongoing concerns over protectionist policies on global trade are justified. Both Lufthansa Group and Air France-KLM reported year-over-year declines in cargo traffic, while International Airlines Group’s June performance was mostly flat with 2018. Only Turkish Cargo reported significant growth for the month. […]
  • Caryn Livingston
  • July 16, 2019

IAG Cargo links API to Freightos WebCargo to offer dynamic pricing

In a move aimed at ushering in an era of dynamic pricing for its carrier affiliates, IAG Cargo, the parent of British Airways World Cargo and Iberia Cargo, announced today that Freightos’ WebCargo platform will become the first live user of its digital APIs. Following the integration, freight forwarders using WebCargo now have instant, real-time […]
  • Charles Kauffman
  • June 4, 2019

IAG Cargo revenues dip in Q1, despite rise in traffic

Like many carriers this year, U.K.-based IAG Cargo said its first-quarter 2019 revenues declined year-over-year, falling to €275 million during the period March 31 for a 2.5% loss, compared to Q1 of 2018, at a constant exchange rate. However, its cargo traffic increased by 2.6% to 1.39 billion cargo tonne kilometers (CTK), thanks to a […]
  • Randy Woods
  • May 13, 2019

IAG Cargo makes Critical service available 24/7 for Easter weekend

With an increase in demand expected for the upcoming Easter weekend, IAG Cargo said it is increasing its London hub’s time-critical service to now be available around the clock for urgent shipments. Daniel Johnson, head of product at IAG Cargo, said that, last year, the carrier saw a “10% increase in demand in the weeks […]
  • Nina Chamlou
  • April 16, 2019

IAG Cargo reports cloudy 2018 results, continues cool-chain investments

United Kingdom-based IAG Cargo released its end-of-year results, which show it increased commercial revenue by about 7 percent to €1.2 million at constant currency in 2018, compared to 2017, but did not provide much information on its Q4 results or profit figures during the period. This doesn’t come as a surprise, as many industry members […]
  • Nina Chamlou
  • February 28, 2019

IAG Cargo launches online booking for pets

Putting a new spin on the emerging digital capacity-booking trend, IAG Cargo and its affiliate carrier, British Airways, are offering a new pet transportation service on its U.K.-based routes, which customers can use to book slots for their pets on the carrier’s flights via IAG Cargo’s website. The new offering is the result of a […]
  • Nina Chamlou
  • February 5, 2019

Panalpina anticipates airfreight growth during Q4 following slow Q3

Panalpina said it is anticipating “good growth” in demand for airfreight in its fourth quarter results, driven by China-Europe, Europe-U.S. and China-U.S. trade lanes and demand for charter services, but emphasized its 2018 end-of-year results “won’t be as strong as the previous year.” The forwarder is emerging from a sluggish third quarter, in which its […]
  • Nina Chamlou
  • December 19, 2018

IAG Cargo to launch route connecting U.K. to Pakistan

This week, United Kingdom-based IAG Cargo said it will launch a direct route from its London Heathrow (LHR) hub to Islamabad, Pakistan, to begin next spring, in a move to increase its connections between Europe and Southeast Asia. The service will launch in June 2019 and run three times a week, year-round, offering 15 tonnes […]
  • Nina Chamlou
  • December 19, 2018

IAG Cargo posts modest Q3 gains with increased revenues, costs

IAG Cargo, the cargo arm of International Airlines Group, showed respectable growth in revenues in its third quarter 2018 results, but parent company IAG showed more modest growth in profit margins. Cargo revenue rose from €271 to €290 million, year-over-year, in Q3, for a 7 percent increase. For parent company IAG, operating profit rose slightly […]
  • Nina Chamlou
  • October 26, 2018

IAG Cargo carries vaccine to Venezuela in wake of diphtheria outbreak

As the economic chaos in Venezuela slowly morphs into a humanitarian crisis, the air cargo industry is stepping in to help bring aid to a new healthcare threat in the troubled South American country. U.K.-based IAG Cargo, in partnership with Indian biopharmaceutical company, Biological E. Limited, said it has shipped more than 5 tonnes of […]
  • Nina Chamlou
  • August 13, 2018

IAG Cargo Q2 financial results show marginal growth

United Kingdom-based IAG Cargo today, released its financial results for Q2 2018, cargo revenue increased 3.7 percent to €281 million during the three-month period. Revenue growth outpaced cargo volume growth, increasing 0.4 percent year-over-year in Q2, to 1,414 tonnes – symptomatic of the carrier’s strength in 2017, which has made for more difficult annual comparisons […]
  • Nina Chamlou
  • August 3, 2018

IAG Cargo to launch ‘only direct flight’ from LHR-PIT

U.K.-based IAG Cargo, the airfreight arm of the IAG Group, released news of its plans to launch “the only direct flight” from Heathrow Airport (LHR) to Pittsburgh Airport (PIT) in the United States – service that will commence on April 2 of next year, to operate four times per week, year-round. The export-oriented U.S. hub […]
  • Nina Chamlou
  • July 30, 2018

IAG Cargo launches customer service center for ‘Critical’ clients

U.K.-based IAG Cargo has introduced a dedicated customer service element to its “Critical” product – which was launched in 2016 to cater to forwarders and shippers that deal with last-minute and out-of-hours bookings. Since its debut, the carrier has recorded 5,500 bookings. Last July, it expanded Critical to encompass to temperature-sensitive cargo, in a move […]
  • Nina Chamlou
  • July 2, 2018

IAG Cargo to host competition for startups to secure investors

IAG Cargo, the cargo arm of International Airlines Group, is accepting applications for its third iteration of its 10-week long “Hangar 51 Travel Tech Accelerator” program, to be held in London. The mentorship for logistics startups offers a chance to win a “multimillion pound” investment for their business idea at the end of the program, […]
  • Nina Chamlou
  • June 20, 2018
Page 1 of 41234