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CMA CGM Creates Air Freight Division, Buys Four Airbus A330-200F Freighter Aircrafts

CMA CGM creates air freight division, buys four Airbus A330-200F freighter aircrafts

Source: CMA CGM
Marseille, France (PortSEurope) February 14, 2021 – France’s CMA CGM Group is stepping up its strategic development in logistics by creating a specialised air freight division: CMA CGM Air Cargo. To support its expansion into air freight, the CMA CGM Group is buying four 60-tonne-payload Airbus A330-20 freighter aircrafts, which came into service between 2014 and 2016. With a range of 4,000 nautical miles, they
will connect Europe with the rest of the world. The CMA CGM Group will entrust the operation of its freighter fleet to a yet to be named European airline. This move into air freight strengthens the Group’s transport and logistics business, allowing it to offer its customers a new range of comprehensive, agile and customised solutions, covering both shipping and logistics. CMA CGM Air Cargo is a major new component of the CMA CGM Group in both operational and commercial terms. “In response to the growing demand from our customers for agile logistics solutions, we are creating a new division within the CMA CGM Group dedicated to air transport: CMA CGM Air Cargo. This division will leverage commercial partnerships with airlines in order to deliver global coverage,” Rodolphe Saadé, Chairman and CEO of the CMA CGM Group, said. CMA CGM, a world leader in shipping and logistics, has already entered the logistics market in recent years – a market where several of the world’s biggest container lines see a lot of potential. It acquired Ceva Logistics in 2019. CMA CGM is the fourth biggest shipping company by TEU capacity With a presence in 160 countries through 755 agencies, 750 warehouses (9 million square meters), 110,000 employees and a wide fleet of 502 vessels, CMA CGM serves 420 of the world’s 521 commercial ports and operates 285 shipping lines. It transported 21.6 million TEUs in 2020, 1.9 million tons of ground freight, 0.5 million tonnes of airfreight, 0.5 million cubic meters LCL (less-than-container load). Copyright (C) PortSEurope. All Rights Reserved. 2021

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