{"id":20369,"date":"2022-05-07T19:13:22","date_gmt":"2022-05-07T13:43:22","guid":{"rendered":"https:\/\/aviationa2z.com\/?p=20369"},"modified":"2022-05-07T19:13:42","modified_gmt":"2022-05-07T13:43:42","slug":"iags-cargo-department-continues-to-thrive-off-the-back-of-a-record-2021","status":"publish","type":"post","link":"https:\/\/aviationa2z.com\/index.php\/2022\/05\/07\/iags-cargo-department-continues-to-thrive-off-the-back-of-a-record-2021\/","title":{"rendered":"IAG’s cargo department continues to thrive off the back of a record 2021"},"content":{"rendered":"\n

IAG’s cargo division continues to thrive off the back of a record 2021. IAG Cargo has shared its first quarterly results for this year, revealing that cargo need is as high as ever. IAG’s cargo division posted revenues of \u20ac432 million ($455 million), a 23.4% growth compared to 2021.<\/strong><\/p>\n\n\n\n

IAG Cargo has maintained its strong performance <\/h2>\n\n\n\n
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Aviationa2z.com<\/strong><\/figcaption><\/figure>\n\n\n\n

After a record year in 2021, IAG Cargo has maintained its strong performance with a promising beginning to 2022. The cargo division’s quarterly results reveal revenues of \u20ac432 million ($455 million) for the period from January 1st to March 31st.<\/p>\n\n\n\n

IAG Cargo, Managing Director David Shepherd, told,<\/h2>\n\n\n\n

“IAG Cargo has had another busy quarter. The international economy is increasingly moving on from the confines of the COVID-19 pandemic. Trade and confidence are clearly increasing.”<\/em><\/p>\n\n\n\n

Q1 2022 revenues represent a growth of 23.4% from Q1 2021, with sold tonnage up by 19% at the exact time last year.<\/p><\/blockquote><\/figure>\n\n\n\n



IAG Cargo noted exceptional growth in demand for its ‘Constant Fresh’ perishable goods freight services, with gains increasing by 47%.
The group also restarted freight operations to Australia <\/a>after almost two years away, deploying a Boeing 787-9 Dreamliner that will stop in Singapore <\/a>along the way.

Industrial goods and e-commerce also thrive One key movement over the COVID-19 pandemic was the rise of e-commerce cargo demand, something that has restarted through 2022.<\/p>\n\n\n\n