IAG Cargo sees airfreight revenue fall by 25.2%
Air France-KLM cargo revenue fell 26.4%
IAG Cargo and Air France-KLM, two of Europe’s largest air cargo carriers, reported first-quarter earnings in line with the current cargo market downturn. Cargo revenue falls at IAG IAG, which operates Aer Lingus, British Airways, Iberia and Vueling, saw revenue of 5.9 billion Euro ($6.5 billion), a 71.4% increase from Q1 2022. “The largest single […]
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