IAG sees one per cent dip in cargo tonnage

While BA Cargo has gone ahead, partner Iberia has witnessed 16.4 per cent decline in cargo traffic

Air France-KLM BA Cargo British Airways-Iberia cargo tonnage decline IAG Iberia International Airlines Group Lufthansa

IAG Cargo (the cargo wing of International Airlines Group, the merged British Airways-Iberia carrier) witnessed a one per cent decline in tonnage, year-over-year. Revenue slipped 0.3 per cent to $367.8 million (299 million euros) in the three months to June 30 from $371.5 million in the year-earlier period. While BA’s cargo traffic rose 3.2 per cent in July from a year ago, Iberia’s went down 16.4 per cent, affecting IAG’s combined volume. Incidentally, IAG was ahead of Lufthansa – with a 9.3 per cent dip in the second quarter — and Air France-KLM with a 4.4 per cent decline.