India is a very important market for air cargo business: IAG Cargo

IAG Cargo said it will be operating 112 weekly services between India and London by winter 2022.

Published: 06th October 2022 08:49 PM  |   Last Updated: 06th October 2022 08:49 PM   |  A+A-

British Airways

British Airways (Photo | AFP)


NEW DELHI: Europe's IAG Cargo, which represents the cargo business of five airlines, on Thursday said India is a "very important market" and it expects more business from the country.

Part of IAG Group, IAG Cargo handles the air cargo business of British Airways, Iberia Cargo, Spanish carriers -- Vueling and LEVEL -- and Ireland's Aer Lingus Cargo.

IAG Cargo said it will be operating 112 weekly services between India and London by winter 2022.

This will be higher than 104 weekly services operated between the two destinations in the pre-pandemic period, that is January/February 2019.

"India has always been an important country. what we are seeing now is that the import market into India is growing significantly. We have far more balanced demand in and out of India which is great for air cargo because air cargo is normally unidirectional. As India's population gets richer, it is consuming more and exports are also diversifying," IAG Cargo's Chief Commercial Officer John Cheetham told PTI.

During an interaction here, he said that hi-tech manufacturing in India, which is a very important market, is very exciting and that the country also has a diversified export base is good for the air cargo segment.

India's air cargo volume, including exports and imports, stood at 3.14 million tonnes in 2021-22 and efforts are being made to increase the same to 10 million tonnes by 2030-31.

On how the factors of concerns of a recession, rising interest rates and fuel prices could impact the air cargo space, Cheetham said the demand situation is likely to be challenging and that it can see headwinds.

IAG Cargo -- the cargo division of the International Airlines Group (IAG) -- was formed following the merger of British Airways World Cargo and Iberia Cargo.

Later, the other three airlines became part of the group.


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp