Today , Air France - KLM Group and the CMA CGM Group announced that they have signed a retentive - term strategic partnership in the melody cargo market[1 ] . This undivided partnership will see both party conflate their complementary cargo networks , full freighter capacity , and dedicated serving so as to work up an even more competitive offer , thanks to the unrivaled know - how and global footprint of Air France - KLM and CMA CGM .
A 10 - year single strategical commercial-grade partnership to strengthen their airwave cargo offering .
CMA CGM and Air France - KLM share a substantial aspiration to commit and farm sustainably in the line freightage business enterprise .
The agreement will have an initial duration of 10 years . Air France - KLM and CMA CGM will connect and exclusively mesh the full - freighter aircraft capability of the respective airway consisting initially of a fleet of 10 full - freighter aircraft , and an additional merge 12 aircraft on decree :
· 4 full - freighter aircraft at CMA CGM Air Cargo ( with outstanding orders for an additional 8 aircraft , 2 of which may be work by Air France - KLM in the future ) ,
· 6 full - merchant ship aircraft at Air France - KLM Group based at Paris - Charles de Gaulle drome and Amsterdam Airport Schiphol ( with outstanding orders for an additional 4 aircraft)[2 ] .
This new commercial partnership also covers Air France - KLM ’s stomach aircraft capacitance , include over 160 long - draw aircraft .
The partnership will leverage both partners ' respective spheric sales teams , presenting one vocalism to the customer .
The strategical commercial partnership is expected to give substantial revenue synergies , let in the joint purpose of the full freighter networks and enhance products and service mixing opportunities . It will aid meet customers ' ever - increase want for more structured and resilient supply chains and will leverage Air France - KLM ’s vast existing dealership , experience , and capability in air freight , backed by a spherical cargo meshwork . CMA CGM will mobilise its declamatory commercial meshing and planetary logistics platform and will complete this offer with innovative logistics and multimodal solutions , in particular in sea and nation tape transport .
CMA CGM Group to become a reference shareholder of Air France - KLM Group
As part of this prospicient - term exclusive partnership , CMA CGM will reward its commitment to the aviation freight industry by becoming a new reference shareholder in Air France - KLM . CMA CGM has the strong purpose to take up to 9 % of Air France - KLM ’s ex - post plowshare capital for a menses consistent with the implementation of the strategical commercial-grade partnership .
This investment could be made as part of the contemplated capital increase of Air France - KLM , as announced on February 17th , 2022[3 ] . Air France - KLM ’s primary shareowner will suffer a resolution for the appointment of one panel member representing CMA CGM at the next shareholders ' meeting ( May 24th , 2022 ) . Such appointee , if approved by the shareowner ' meeting , would be subject to the windup of CMA CGM ’s investing .
Rodolphe Saadé , Chairman and CEO of the CMA CGM Group , read : " I am very pleased with this strategic partnership with Air France - KLM . It allows us to importantly accelerate the development of our air division , CMA CGM Air Cargo , which was create just over a twelvemonth ago , and to position our two fellowship among the worldly concern ’s leading players in air freight . This partnership is fully in business with CMA CGM ’s strategy and its dream to become a leader in mix logistics for the welfare of its customers . Through our stake in the company , Air France - KLM will be able to count on us to support its future development . "
Air France - KLM Group CEO Mr. Benjamin Smith said : " This strategic partnership leverages the complementary skills , expertness , and activity of Air France - KLM and CMA CGM . It is a landmark step that will significantly tone and expand the Group ’s status in the aviation cargo manufacture . I am also super pleased that this commercial partnership with CMA CGM has resulted in their decision to invest directly in the Air France - KLM Group , demonstrating a inviolable testimony of their belief in the future succeeder of our Group . "
For more entropy : Air France KLM Martinair Cargowww.afklcargo.com
