Madrid hub investment strengthens global cold chain and trade flows between emerging markets and Europe
IAG Cargo, the cargo division of International Airlines Group (IAG), has reported a 21% year-on-year increase in the volume of perishable goods transported during the first half of 2025, underscoring the resilience of the fresh produce sector and the critical role of air freight in global food supply chains.
The surge comes amid shifting European consumer behaviour, with demand rising for fresh, off-season produce sourced from overseas markets. According to recent industry data, premium and specialty items are increasingly sought after, with Latin America, Africa, and select Asian regions emerging as vital supply sources.
Peru Leads Export Momentum
Peru is a standout performer in this growth trend. In March 2025 alone, asparagus exports surged by 105% compared to the same month in 2024, with Spain ranking among the top import destinations. Such rapid expansion underscores the reliance on air freight to maintain product quality, speed to market, and shelf freshness — particularly during off-season periods in Europe.
Madrid Perishables Hub Enhances Connectivity
IAG Cargo has been quick to position itself to capture this market momentum. The expansion of its dedicated perishables handling centre in Madrid in April 2024 has transformed the facility into a central hub for the airline’s cold-chain operations. Strategically located at the crossroads of Latin American and European trade lanes, the upgraded facility is equipped to handle high volumes of temperature-sensitive goods with precision, ensuring optimal conditions from aircraft to onward distribution.
Rodrigo Casal, Regional Commercial Manager – Americas at IAG Cargo, emphasised the company’s commitment to maintaining freshness and reliability in the perishables sector:
“At IAG Cargo, we understand the urgency and care for fresh produce demands. But our role extends beyond logistics — we connect producers to new markets, strengthen local economies, sustain livelihoods, and create opportunities across entire supply chains.”
Exporters Rely on Strategic Routes
For exporters, dependable air freight links are indispensable. Carlos Aparcana, General Manager of Peak Quality, a leading Peruvian exporter, highlighted the value of IAG Cargo’s services:
“The Lima–Madrid route is essential for our supply chain, providing direct access to key European markets. During peak season from September to December, we transport up to 30 tonnes of asparagus daily. IAG Cargo delivers the reliability and timing we need to meet global demand.”
Network and Financial Strength
IAG Cargo currently serves 33 destinations in Latin America, operating 250 weekly flights between the region and Europe, alongside 24 weekly services linking the UK with West Africa. This network enables consistent capacity for perishable shipments and supports trade flows between emerging markets and high-demand consumer regions.
Financially, the carrier reported revenues of €629 million for H1 2025, up 11.1% on the same period in 2024, with total cargo volumes increasing 4.5% year-on-year. The performance reflects both the resilience of the perishables market and the strategic value of targeted infrastructure investment.
With consumer trends continuing to favour fresh, globally sourced produce, IAG Cargo’s investment in cold-chain capabilities positions it to sustain momentum and reinforce its role as a key enabler of international trade in high-value perishables.
