IAG Cargo makes a strong start to 2021; Q1 revenues at �350 million

Stattimes07 May, 2021News

IAG Cargo, the cargo arm of International Airlines Group (IAG) has reported its Q1 financial results with cargo markets still impacted by the pandemic. Revenues of ?350 million were achieved from January 1 to 31 March 2021; an increase of 50 per cent at constant currency versus the same period last year. Overall yield for the quarter was also up 106 per cent at constant currency versus last year, while sold tonnes were down 20.9 per cent.