CMA CGM aloft - launches air cargo division with four A330-200Fs
FRENCH shipping giant CMA CGM, owner of CEVA Logistics, has confirmed it has created an air cargo division and acquired four air freighters, reports London's Loadstar
16 February 2021 - 19:00
This launches CMA CGM Air Cargo with four A330-200Fs to 'strengthen the group's transport and logistics business'.
The aircraft, bought from Qatar Airways Cargo, will be operated by a 'European airline', said the carrier, which is thought to be Air Belgium, although CMA was in talks with Group Dubreuil, owner of Air Caraibes, French Bee and HiLine Cargo, in which it bought a 30 per cent stake last year.
Company chairman and CEO Rodolphe Saade said the new division was 'a major milestone in the development of our logistics services'.
The launch by CMA CGM comes as forwarders continue to book recurring charters, some on contracts of a year or longer, in moves that are expected to distort the traditional air cargo market in favour of larger companies, said Loadstar.
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