International Airlines Group (IAG) has seen a slight improvement in its freight volumes, although it continues to project a weak cargo outlook for 2014-15. “There is maybe some volume recovery, signalling the end of the cargo downturn, but it is too early to ring any bells,” said IAG CFO Enrique Dupuy at the release of IAG’s full-year results. At a financial level, IAG’s €1.07 billion ($0.89 billion) in cargo revenues still make grim reading, lagging 11.8% behind the €1.2 billion ...

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