IAG Cargo reports revenues of €432 million for Q1 2022; an increase of 23.4 percent on the same time in 2021
On Friday, IAG Cargo, the cargo division of IAG (International Airlines Group) reported its financial results for Q1 2022, with revenues of €432 million for the period from January 1 to March 31, 2022. The results are a reflection of how IAG Cargo’s growing network has supported international trade, as the global economy recovers from the pandemic. IAG Cargo’s Q1 2022 revenues represent an increase of 18.6 percent at constant currency versus the same period last year. Overall yield for Q1 2022 was up 2.3 percent at constant currency versus the same period in 2021.