IAG Cargo posted lower revenue and reduced volumes in the first quarter as the carrier continued to feel the impact of its exit from freighter operations.
27 Feb 2015
International Airlines Group’s cargo revenue declined 7.5 percent in 2014 from the previous year, largely because the owner of British Airways and Iberia quit freighter operations.
10 Dec 2014
Lufthansa Cargo managed to increase traffic in November despite ongoing strikes by pilots, while its leading European rivals posted lower volumes as they prepare to downsize their freighter operations.