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IAG Cargo to tap Indian airlines to lift volumes
Mint Mumbai
|November 30, 2023
‘India an enormous opportunity; consistently best performer for IAG Cargo’
The cargo division of European major International Airlines Group (IAG) is seeking partnerships with Indian airlines, considering how the country’s aviation and air cargo segments have outpaced global growth, its top executive said in an interview.
“We have a big partnership in Europe with DHL. They feed our transatlantic services. And, equally we have a partnership with Qatar Airways out of Hong Kong. (In India) we would look at partnerships in future where it would make sense for both parties," said David Shepherd, chief executive at IAG Cargo.
He did not specify which airlines the company was interested in.
IAG Cargo comprises the freight businesses of British Airways, Air Lingus, and Iberia. It reported revenue of €603 million for the period from 1 January to 30 June, an increase of 8.5% compared with the corresponding pre-pandemic period in 2019. Its tonnage, though, was 15.3% lower.
Dit verhaal komt uit de November 30, 2023-editie van Mint Mumbai.
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