British Airways World Cargo has reported commercial revenues (flown revenue plus fuel surcharges) of £363m (€446.2m), an increase of 25.2 per cent against the same period last year.
After the impact of exchange rate movements is removed, commercial revenues for the period were up 21.4 per cent.
Total volumes shipped reached 2.44bn cargo-tonne kilometres (CTK) for the first half of the financial year, representing an increase of 2 per cent versus last year, against cargo capacity that was down 3.2 per cent.
The company also reported that its overall yield (commercial revenue per CTK) had increased by 22.7 per cent. Excluding exchange rate effects, yield increased by 18.8 per cent.
Sean Doyle, financial controller at BA World Cargo, said the addition of the new Terminal 5 at London Heathrow Airport had helped the company achieve the record-breaking second-quarter performance. 'Over the half year we have seen strong product and operational performances which have helped to drive this impressive set of results,' he said.
'Traffic has remained steady out of most areas including the Americas, Europe, the Middle East and south Asia, due in part to the improved product mix which has helped to drive yield,' he added.
BA World Cargo managing director Steve Gunning commented: 'Our customers' ongoing support for our premium services and our own increased focus on delivering a consistently high operational service have been instrumental in achieving this strong set of results. While the industry outlook is very challenging, BA World Cargo is well placed to continue providing a high level of service and a robust operation for our customers.'
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