CMA CGM is getting into the air cargo business.
“CMA CGM S.A. is a French container transportation and shipping company. It is a leading worldwide shipping group, using 200 shipping routes between 420 ports in 150 different countries, ranking fourth behind Maersk Line, MSC and COSCO Shipping Lines. Its headquarters are in Marseille, and its North American headquarters are in Norfolk, Virginia, United States.
The name is an acronym of two predecessor companies, Compagnie Maritime d’Affrètement (CMA) and Compagnie Générale Maritime (CGM), which translate as “Maritime Freighting Company” and “General Maritime Company”.
The company issued this statement:
The CMA CGM Group, a world leader in shipping and logistics, is stepping up its strategic development in logistics by creating a specialized air freight division: CMA CGM AIR CARGO.
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 customized solutions.
Four modern long-range freighter aircraft
To support its expansion into air freight, the CMA CGM Group is buying four 60-ton-payload Airbus A330-200F freighter aircraft, 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 European airline (believed to be Air Belgium).
CMA CGM continues its strategic development in logistics
CMA CGM AIR CARGO represents a major new component of the CMA CGM Group in both operational and commercial terms.
This expansion into air freight is a new milestone in the Group’s strategic development, with the aim of providing Group customers with a complementary range of services covering both shipping and logistics.
Rodolphe Saadé, Chairman and CEO of the CMA CGM Group, says: “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 launch with four Airbus A330-200F aircraft and will leverage commercial partnerships with airlines in order to deliver global coverage. This is a major milestone in the development of our logistics services.”