David Shepherd returns to IAG Cargo as MD
David Shepherd is returning to IAG Cargo as managing director following various other roles within the International Airlines Group.
Shepherd, who is joining from IAG carrier Aer Lingus, is well known in the industry having previously held a variety of leadership roles at the cargo division of IAG including the positions of commercial director and director of digital ventures.
Shepherd will report into David Podolsky, who will continue in his role as chief executive of the business, having served in the interim role since April 2021.
IAG said the bolstering of the IAG Cargo executive team “reflects the growing importance of cargo within the group”. In 2020, the business “delivered exceptional results, amid a challenging economic and capacity environment”, reporting commercial revenues of €1.306 billion over the period from January 1 to December 31 2020, an increase of 18.5 per cent on 2019 at constant currency.
Podolsky said: “As we build on the success of 2020, we are excited to be welcoming David back who brings a wealth of experience. David will lead all aspects of our business in close collaboration with me, in this vital time in aviation.
“The past year has shown just how essential air cargo is for industries around the world and this appointment reflects the importance of cargo in the group.”
Shepherd who will be re-joining IAG Cargo on 1August 2021, said: “I am delighted to be returning to IAG Cargo, working closely with David and the wider cargo team at this time of unprecedented change as we look to expand and further transform our cargo offering.”
IAG Cargo is the single business created following the merger of British Airways World Cargo and Iberia Cargo in April 2011. Following the integration of additional airlines into the business, including Aer Lingus, Vueling and Level, IAG Cargo had commercial revenue of €1.306 billion in 2020. It has a combined workforce of more than 2,250 people.