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’s Constant Climate celebrates 10th anniversary

IAG Cargo’s Constant Climate product, which specializes in cold-chain pharmaceutical traffic, is ten years old this month, with consistent double-digit volume growth, year-over-year, and more than 35,000 shipments annually. IAG credited surging global pharmaceutical business as a major driver of its success, with sales in the industry projected to reach US$1.3 trillion by 2018. Such […]
  • Lewis King
  • August 24, 2016