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IAG Cargo Europe-Asia volume increases 23pc January to February
IAG Cargo, created following the merger of British Airways World Cargo and Iberia Cargo in April 2011, handled 23 per cent more cargo in the first two months of the year on routes between Europe and Asia Pacific compared to the same period in 2016, driven by growth in fashion, spare parts, fresh fish and leather goods.
The first two months of the year also saw a four per cent year-on-year increase in the tonnage of goods moving from Europe to the rest of world, and a six per cent increase in goods exiting Asia Pacific.
Said IAG Cargo commercial chief David Shepherd: "This spike in demand comes at a time when constraints on sea freight capacity across Asia Pacific routes have been widely reported. While this boost is likely to deliver a short-term positive impact, we believe our network makes us well placed to demonstrate the long-term value air cargo can offer to forwarders."
The first two months of the year also saw a four per cent year-on-year increase in the tonnage of goods moving from Europe to the rest of world, and a six per cent increase in goods exiting Asia Pacific.
Said IAG Cargo commercial chief David Shepherd: "This spike in demand comes at a time when constraints on sea freight capacity across Asia Pacific routes have been widely reported. While this boost is likely to deliver a short-term positive impact, we believe our network makes us well placed to demonstrate the long-term value air cargo can offer to forwarders."
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