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IAG Cargo revenue down 28.5% YoY in H1

Air tonnage increases 15% YoY

Courtney BlackannbyCourtney Blackann
July 28, 2023
in Cargo Airlines
Reading Time: 4 mins read
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IAG Cargo, the cargo subsidiary of International Airlines Group, posted revenue of 603 million euros ($665.9 million) in the first half of 2023, a year-over-year decrease of 28.5%, the company reported during its earnings call today.  However, the cargo division reported an 8.5% revenue increase in H1 compared with H1 2019, demonstrating a normalizing market […]

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