IAG Cargo records strong performance after first year of Kuala Lumpur service

One year on from IAG Cargo?s Heathrow to Kuala Lumpur route launch, the service has exceeded expectations, proving itself a valuable gateway for manufacturers and high-tech shippers into this important Asian trade hub. Demand from pharmaceutical customers has also been high. Since the launch in May last year, IAG Cargo has seen weekly tonnage volumes of Constant Climate shipments out of Asia Pacific increase by an average of 50% compared to the previous year. Similarly, pharmaceutical volumes into the region have seen an average 30% weekly rise versus the same period in 2015. This improved performance was supported by the launch of a new Constant Climate enabled station at Kuala Lumpur in December 2015. While there has been a broad slowdown across emerging economies, Malaysia?s economy has proven resilient, beating market expectations with 4.2% growth annually in the first quarter of 2016. This growth has been driven by the region?s growing manufacturing industry which is expected to continue to thrive this year. (IAG Cargo release)

Tags:

Popular News
Latest News

 

 

Media