IAG Cargo, the cargo division of International Airlines Group (IAG), reported revenue of €373 million ($373 million) for Q32022 (July 1 to September 30, 2022).

IAG Cargo's product for perishables, Constant Fresh, saw volumes increase by 114 percent in the third quarter compared to the same period last year. Since the beginning of the year, transactions from SME customers have increased by 20 percent yoy.

"In the third quarter, the company continued to offer more services through its network, with capacity between London-Heathrow, Madrid and the US more than doubling in the quarter (compared to Q32021)."

"In the third quarter, the company continued to offer more services through its network, with capacity between London-Heathrow, Madrid and the US more than doubling in the quarter (compared to Q32021)."

IAG Cargo had a commercial turnover of €1.7 billion in 2021 and a combined workforce of more than 2,250 people. IAG is one of the world's largest airline groups with 531 aircraft as of December 31, 2021.