Overall yield for 2021 was up 11.3 per cent at constant currency versus last year. Sold tonnes were up 21.4 per cent
IAG Cargo 2021 revenue up 30% to €1.7 billion on increased demand
IAG Cargo, the cargo division of International Airlines Group (IAG), has reported a 30 percent increase in annual revenue to €1.7 billion ($1.9 billion) for the year ended 2021 on increased demand for air cargo as global trade rebounds.
"Overall yield for 2021 was up 11.3 per cent at constant currency versus last year. Sold tonnes were up 21.4 per cent," an official statement said.
Demand for air cargo exceeded 2019 levels throughout 2021, and the business continued to align its network to customer demand, increasing frequencies on important trade routes and implementing an active charter programme of 745 rotations.
