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IAG Cargo Q3 revenue drops 30% YoY

Low rates contributed to loss, despite increased volume

Courtney BlackannbyCourtney Blackann
October 27, 2023
in Cargo Airlines
Reading Time: 5 mins read
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International Airlines Group posted revenue of 8.6 billion euros ($9.1 billion) in the third quarter, a year-over-year increase of 18%, the company reported during its earnings call today.   Cargo revenue, however, decreased 30% YoY to $278 million, despite increased volume.  International Airlines Group (IAG) includes IAG Cargo, Aer Lingus, British Airways, Iberia, Level and Vueling.  […]

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