IAG Cargo 2022 revenue jumps 44% from 2019 to $1.7B
Parent company IAG returns to profitability for first time since 2019
After two years of pandemic-era losses, IAG Cargo reported a return to profitability amid renewed global expansion, according to the carrier’s full-year 2022 results. WHY IT MATTERS: IAG Cargo saw slightly lower year-over-year commercial revenue at 1.6 billion euros ($1.7 billion), but a strong rebound in passenger services and continued performance in air cargo helped […]
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