AERO TRADING GROUP Corp

IAG Cargo reports strong Q1 revenues

IAG Cargo reports strong Q1 revenuesIAG Cargo reports strong Q1 revenues

IAG Cargo, the cargo arm of International Airlines Group (IAG), has reported revenues of €350 million from January 1 to 31 March 2021; an increase of 50% at constant currency versus the same period last year. Overall yield  for the quarter was also up 106% at constant currency versus last year, while sold tonnes were down 20.9%. Following the continued reduction in passenger bellyhold air freight supply due to COVID-19, IAG Cargo reported another strong quarter. Working with the Group’s airlines, IAG Cargo continued to support customers with charter services and a scheduled cargo-only programme. Charter services supported the automotive and

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