Tag: financial results

IAG Cargo delivers 2023 revenues of €1,156 million

IAG Cargo, the cargo division of International Airlines Group (IAG), reports its full year financial results for 2023, with commercial revenues of €1,156 million – up 3.5 per cent from pre-pandemic levels in 2019, 28.4 per cent down vs 2022. Overall yields for the year were down 38.9 per cent...

Korean Air’s tentative Q4 and full year 2023 financial results

Korean Air's cargo division emerged as a stronghold during the tumultuous period of the pandemic, benefitting from global supply chain disruptions, ocean freight constraints, and limited aircraft belly cargo capacity. However, as the air cargo industry undergoes a recovery phase post-pandemic, th...

Cargojet delivers positive Q2 results

Cargojet Inc. announced today financial results for the Second quarter ended June 30, 2023. Total Revenues for the Quarter were $209.7 million compared to second quarter 2022 Revenues of $246.6 million. Revenue excluding fuel surcharge and other revenues came in at $171.6 million compared to...

Deutsche Post DHL Group concludes 2022 with new records thanks to its international DHL business

Deutsche Post DHL Group, the world’s leading logistics company, once again grew profitably in the past financial year. With revenue of EUR 94.4 billion, the Group exceeded its record from previous year by 15.5 percent. The jump in revenue resulted entirely from the international business of the...

Korean Air’s tentative financial results for Q4 2022

Korean Air has reported its tentative financial results for the fourth quarter of 2022. The airline saw a 28% YoY increase in revenue, totaling KRW 3.6068 trillion (USD 2.846 billion) thanks to the recovery in passenger demand and steady cargo profits. Despite this, the operating profit showed a ...

IAG Cargo delivers Q3 revenues of €373 million

Today, IAG Cargo, the cargo division of IAG (International Airlines Group) reports its financial results for Q3 2022, with revenues of €373 million for the period from July 1 to September 30, 2022. The Q3 results take IAG Cargo’s year-to-date revenue to €1,216m, up 3.6 per cent in compariso...

ASL Aviation Holdings Posts Strong Financial Results

Irish headquartered global aviation services group ASL Aviation Holdings has posted strong financial results for 2021, with revenues up 24.4% on 2020. ASL Aviation Holdings filing this week incorporates results from the Group’s four European airlines in Ireland, Belgium, France and the United K...

Korean Air’s tentative financial results for Q2 2022

Korean Air achieved a revenue of KRW 3.3324 trillion (USD 2.5775 billion) and an operating profit of KRW 735.9 billion (USD 569.2 million) in the second fiscal quarter. Despite continued high oil prices and volatile exchange rates over the course of the second quarter, the airline’s gradual rec...

IAG Cargo strong Q1 financial results shows confident start to 2022

Today, IAG Cargo, the cargo division of IAG (International Airlines Group) reports its financial results for Q1 2022, with revenues of €432 million for the period from January 1 to March 31 2022. The results are a reflection of how IAG Cargo’s growing network has supported international trade...

Record results for Cargolux in 2021

The Cargolux Group, (Cargolux), achieved its best year on record in 2021: 1) Revenues of US$ 4.4 billion, an increase of 40% over 2020. 2) Earnings Before Interest and Tax (EBIT) of US$ 1.72 billion, an increase of 73 % over 2020. 3) A Profit Before Tax of US$ 1.7 billion, an increase of 94% ov...

Kerry Logistics interim results show core net profit up 81%

Kerry Logistics Network Limited today announced the Group’s interim results for the six months ended 30 June 2021. Group’s Financial Highlights Revenue increased by 68% year-on-year to HK$36,709 million (2020 1H: HK$21,885 million)Core operating profit increased by 70% to HK$2,536 million...

Korean Air’s financial results for Q1 2021 (Non-consolidated)

Korean Air recorded a fourth consecutive quarter of operating profit of $110 million thanks to its continuous efforts to boost cargo operations and reduce costs. Sales fell 24% year-on-year to $1.544 billion due to passenger demand drop caused by the Covid-19 pandemic.   Compared to 2020 Q1,...

Cargolux celebrates 50th anniversary with record results

Cargolux has celebrated its 50th anniversary by posting record results with a net profit after tax of $768.7 million. This equated to an EBIT margin of 31.3 per cent and the Luxembourg-based global cargo carrier generated the profit from $3.2 billion in revenues for the year ending December 31, ...

IAG CARGO Q3 2020 Financial Results

IAG Cargo today announced its Q3 2020 results, reporting commercial revenues of €302m  over the period from July 1 to September 30, 2020, an increase of  14.1  per cent on the same period in 2019 at constant currency.     Overall yields for the quarter  were up 11...

John Menzies plc Half Year Results for the Six Months Ended 30 June 2020

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