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• 3 min de lectura
IAG Cargo, the cargo division of International Airlines Group (IAG), reported revenues of 570 million euros during the first half of 2026, compared to 629 million euros recorded in the same period of the previous year. Cargo tonne-kilometers (CTK) fell 12.3% compared to the same timeframe in 2025, which would reflect reduced capacity stemming from ongoing disruptions in the Middle East.
During the first half of the year, IAG Cargo advanced in the projected launch of its Global Cargo Joint Business with Qatar Airways Cargo and MASkargo, initiating operations in 59 markets while continuing to invest in its network and customer offering. Once fully deployed, this commercial alliance will provide customers with access to over 400 destinations worldwide.
David Shepherd, CEO of IAG Cargo, noted that "despite ongoing disruptions affecting parts of our network, our focus remained on responding to customer needs, maintaining commercial discipline, and investing in long-term business development. This discipline has helped to offset the impact of lower volumes through pricing actions and a consistent focus on meeting demand on key trade lanes, while preserving operational efficiency."
"In parallel, we continue to strengthen our network and customer proposition through strategic alliances and focused investments, positioning the company for long-term growth. As we prepare for the definitive launch of the Global Cargo Joint Business, we have invested in expanding our hub's processing capacity to support greater efficiency and connectivity across the combined network, creating a stronger growth platform and an improved offering for our customers," he added.
During the first half, IAG Cargo's business maintained strong demand on key routes such as Asia-Pacific and India, while its specialized logistics solutions showed strong performance. In this period, shipments via Critical - its maximum urgency service - more than tripled compared to the previous year.
Meanwhile, the express shipping alternative, Prioritise, registered a 4.1% increase in volume, while Secure, focused on high-value cargo, grew 8.1% year-on-year. Likewise, Constant Climate, aimed at transporting temperature-sensitive products, maintained strong momentum driven by traffic from Asia-Pacific and the dispatch of vaccines to West Africa, a market where thermal control and speed are fundamental.
During the first half of 2026, the company strengthened its global network through strategic alliances and the opening of routes to Monterrey and St. Louis, the latter being its 27th destination in the United States. These connections provide direct access to key supply chains in the manufacturing and aerospace sectors in the American Midwest.
Furthermore, the incorporation of Monterrey - a crucial industrial hub for the automotive and high-tech sectors in Mexico - reinforces its strategic positioning in response to the growing nearshoring trend in North America.
In parallel, the firm diversified its portfolio of specialized products with the launch of a dedicated service for Aircraft on Ground (AOG). This solution complements the Critical line to meet the demand of customers requiring urgent transport of aviation components.
