Sea freight constraints give boost to IAG on Europe-APAC lanes

British Airways Boeing 777-200
British Airways Boeing 777-200

IAG Cargo has seen a boom in demand on key routes from Europe into Asia Pacific (APAC) over the first two months of the year.

Cargo volumes from Europe to APAC over this period have increased by 23 per cent when compared to the same timeframe in 2016, with fashion, spare parts, fresh fish and leather goods performing particularly well.

The first two months of the year also saw a four per cent growth in the tonnage of goods moving from Europe to the rest of world compared to the same period last year and a six per cent growth in goods exiting Asia Pacific.

IAG Cargo commercial director, David Shepherd says: “This spike in demand comes at a time when constraints on sea freight capacity across Asia Pacific routes have been widely reported.

“While this boost is likely to deliver a short term positive impact, we believe our network makes us well placed to demonstrate the long term value air cargo can offer to forwarders.”