IAG Cargo Reports Lower Q2 Revenue as Middle East Disruptions Impact Capacity
- Aug 3
- 1 min read
IAG Cargo reported a challenging second quarter of 2026, with cargo revenue declining by 5.1% year-on-year to £295 million, while cargo traffic fell 16.9% due to reduced capacity caused by ongoing disruptions in the Middle East. Despite lower volumes, the company achieved a 14.2% increase in cargo yields, reflecting strong demand for premium and specialized cargo services.
The reduction in available capacity resulted from flight schedule changes and network adjustments across affected regions. However, IAG Cargo continued to benefit from resilient demand in key sectors, including pharmaceuticals, perishables, and high-value shipments, helping offset part of the decline in transported volumes.
Looking at the first half of 2026, IAG Cargo generated €570 million in revenue, compared with €629 million during the same period last year. At the same time, the company continued expanding its strategic initiatives, including the rollout of its Global Cargo Joint Business with Qatar Airways Cargo and MASkargo, strengthening connectivity across 59 markets with plans to eventually provide access to more than 400 destinations worldwide.
Despite ongoing geopolitical challenges, IAG Cargo remains focused on maintaining service reliability, optimizing network capacity, and expanding strategic partnerships to support customers and strengthen its global cargo network.
Image source: aircargonews.net
