Strong financial year 2011 with IAG Cargo

Express products of BA World Cargo and Iberia Cargo were well received in the market in the 2011 financial year
 
The air cargo business unit of International Airlines Group (IAG Cargo), comprised of British Airways (BA World Cargo) and Iberia (Iberia Cargo), reported satisfying results for the 2011 financial year. For the full year IAG Cargo reported commercial revenue of EUR 1.19 billion, an increase of 8.6 per cent on the same period in 2010. In particular the express products increased revenues by 20.4 per cent versus last year. Moreover BA World Cargo and Iberia Cargo were able to improve their market position in Europe as well as the United States of America.
 
IAG Cargo posted the figure of 6,156 million CTKs (cargo tonne kilometres) for the reporting period, an increase of 4.2 per cent on the same period in 2010. Due to the expansion of the cargo capacity the loading factor was slightly declining at 5.6 per cent for the full year. This was opposed by overall yield, which increased by 4.2 per cent.