Air France - KLM Group and the CMA CGM Group have announced that they have signed a retentive - term strategical partnership in the air consignment market . This single partnership will see both parties combine their complementary lading networks , full bottom capacitance , and dedicated services so as to progress an even more competitive go , thanks to the unrivaled know - how and spheric footprint of Air France - KLM and CMA CGM .
A 10 - twelvemonth exclusive strategic commercial-grade partnership to strengthen their air cargo offeringCMA CGM and Air France - KLM share a strong ambition to vest and get sustainably in the atmosphere freight stage business . The agreement will have an initial length of 10 year . Air France - KLM and CMA CGM will join and exclusively manoeuver the full - freighter aircraft capacitance of the various airline consisting initially of a fleet of 10 full - freighter aircraft , and an extra merge 12 aircraft on ordination :
This new commercial-grade partnership also covers Air France - KLM ’s belly aircraft capacity , including over 160 long - haul aircraft .
The partnership will leverage both cooperator ' respective global sales teams , presenting one vocalisation to the customer .
The strategical commercial-grade partnership is expected to generate significant revenue synergy , include the joint excogitation of the full merchantman networks and enhanced products and services admixture opportunities . It will help assemble customers ' ever - increase pauperism for more integrated and live supply chain and will leverage Air France - KLM ’s immense existing dealership , experience , and capabilities in aviation freightage , back by a worldwide loading connection . CMA CGM will mobilize its large commercial-grade connection and global logistics platform and will complete this offer with forward-looking logistics and multimodal solution , particularly in ocean and country transportation .
CMA CGM Group to become a reference shareowner of Air France - KLM GroupAs part of this prospicient - terminus exclusive partnership , CMA CGM will reinforce its commitment to the air freight industry by becoming a new reference shareholder in Air France - KLM . CMA CGM has the firm intention to take up to 9 % of Air France - KLM ’s x - post share capital for a period reproducible with the implementation of the strategic commercial-grade partnership .
This investment could be made as part of the contemplated cap increase of Air France - KLM , as announced on February 17th , 2022[3 ] . Air France - KLM ’s main shareowner will support a resolution for the designation of one board member make up CMA CGM at the next shareholders ' get together ( May 24th , 2022 ) . Such an appointment , if approved by the shareholder ' meeting , would be subject to the culmination of CMA CGM ’s investiture .
For more information : Michiel KlinkersAir France - KLMTel . : +33 1 49 89 52 60[email protect ]
Mélanie RigaudCMA CGMTel . : +334 88 91 96 26[email protected][email protected ]
