IAG Cargo reports strong financial results for 2020

posted on 26th February 2021 by Eddie Saunders

IAG Cargo today announced its 2020 full year results, reporting commercial revenues of €1,306 million over the period from January 1 to December 31 2020, an increase of 18.5 per cent on 2019 at constant currency.    

Overall yields for the year were up 94.6 per cent on the same time last year at constant currency. Sold tonnes were down 34.9 per cent.   

Lynne Embleton, CEO at IAG Cargo, commented: “In 2020, the IAG Cargo team delivered exceptional results amid a  challenging economic and capacity environment.