en.Wedoany.com Reported - IAG Cargo, the cargo arm of International Airlines Group (IAG), generated revenue of €570 million in the first half of 2026, compared with €629 million in the same period last year. Cargo tonne kilometres (CTK) fell 12.3% year-on-year as capacity contracted amid ongoing disruptions in the Middle East.
In the first half, IAG Cargo launched a tripartite Global Cargo Joint Business with Qatar Airways Cargo and MASkargo. The alliance currently operates across 59 markets and, once fully deployed, will connect more than 400 destinations worldwide.
David Shepherd, CEO of IAG Cargo, said that despite ongoing disruptions affecting parts of the network, the company remained focused on responding to customer needs, maintaining commercial discipline, and investing in long-term growth. Pricing measures, a focus on key trade lanes, and operational efficiency helped offset part of the impact of lower volumes. He added that the company had strengthened its network and customer value proposition through strategic partnerships and targeted investments, and had expanded hub handling capacity in preparation for the eventual launch of the joint business, enhancing the efficiency and connectivity of the combined network.
Demand on key routes such as Asia Pacific and India remained strong, and the specialist logistics segment also performed well. Among these, Critical, the highest-priority emergency service, saw volumes more than triple year-on-year.
Prioritise, the express alternative, saw volumes up 4.1%, while Secure, the high-value cargo service, rose 8.1%. Constant Climate, the temperature-sensitive transport service, also continued to grow, driven mainly by shipments from Asia Pacific and vaccine deliveries to West Africa.
During the first half, the company expanded its global network through strategic partnerships and the addition of new routes to Monterrey and St. Louis. St. Louis became its 27th destination in the United States, with the new route directly connecting key supply chains in the U.S. Midwest's manufacturing and aerospace sectors.
Monterrey is a key industrial hub for Mexico's automotive and technology industries, and the addition of this route also positions the company more favourably amid the nearshoring trend in North America.
During the same period, the company launched a new "Aircraft on Ground" (AOG) specialised service, complementing its existing Critical product line to address customers' urgent needs for transporting aviation components.
