Tag: air cargo revenue

IAG Cargo delivers 2023 revenues of €1,156 million

IAG Cargo, the cargo division of International Airlines Group (IAG), reports its full year financial results for 2023, with commercial revenues of €1,156 million – up 3.5 per cent from pre-pandemic levels in 2019, 28.4 per cent down vs 2022. Overall yields for the year were down 38.9 per cent...

Korean Air’s cargo business fell by 51% year-on-year

Korean Air, one of the leading airlines in South Korea, has reported a significant drop in its cargo business revenue in the first quarter of 2023. The airline's cargo business revenue fell by 51% year-on-year to KRW 1.485 trillion, mainly due to the global economic slowdown and the decrease in s...

IAG Cargo delivers Q2 revenues of €411 million following network growth and new routes

Today, IAG Cargo, the cargo division of IAG (International Airlines Group) reports its financial results for Q2 2022, with revenues of €411 million for the period from April 1 to June 30 2022. The Q2 results take IAG Cargo’s half year revenue to €843m, up 9.6 per cent on the first half of 2...

IBS Software and CargoAi announce partnership to boost air cargo revenue

IBS Software is offering its iCargo customers the opportunity to increase their reach to the market and thereby scale their cargo revenues through a new partnership with CargoAi. By partnering with CargoAi, IBS’ customers can extend their presence in new and existing markets by leveraging on dig...

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