IAG 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