IAG Cargo delivers 2024 revenues of €1,234 million, up 6.7 per cent year-on-year.

IAG Cargo, the cargo division of International Airlines Group (IAG) has published its financial results for 2024. The business reported commercial revenues of €1,234 million for the period from January 1 to December 31, 2024 representing a 6.7 per cent YOY increase.

“Air cargo achieved strong growth in 2024 with demand surpassing the record volumes of 2021, and our performance is reflective of this,” said David Shepherd, Chief Executive Officer of IAG Cargo.

“External factors are continuing to have an impact on air cargo logistics and consumer behaviour. The industry experienced a…