June 29, 2016: IAG Cargo increases 65 percent capacity to Shanghai as it sees commodities such as high technology goods, pharmaceuticals and automobile parts driving both exports and imports. It becomes the first carrier to start direct Madrid to Shanghai service.
It will offer 10 flights per week from London Heathrow to Shanghai in winter 2016 schedule; an increase of three flights per week compared to the 2015 winter schedule.
These will be serviced by Boeing 777 aircraft, with the next generation B787-9 Dreamliner set to be introduced in winter 2017.
With the new route from Madrid and the additional weekly services out of London, businesses trading in the region will benefit from a 65 percent increase in capacity per week as of winter 2016, compared to winter 2015.
Shanghai, with a population of over 24 million people, serves as a global hub for commerce and finance. The additional flights will operate during a season of peak supply and demand, when Christmas, New Year celebrations and other festivities take place globally, IAG Cargo’s additional flights will benefit customers by providing them with more shipping options for the duration of this busy period.
David Shepherd, head of commercial at IAG Cargo, said, “Our new direct route from Madrid to Shanghai will provide our customers with better connections between East Asia and Latin America and to our wider network which spans over 350 destinations.”
“With the noted general global growth in e-commerce transactions, this additional Asia Pacific capacity and frequency will allow forwarders to respond swiftly to any sudden increases in demand. This will be of particular benefit when we head into peak season.”