CMA CGM and Air France-KLM have officially launched their strategic partnership for air cargo services.
The companies first announced to combine their complementary cargo networks, full freighter capacity, and dedicated services in May 2022.
The partnership has an initial duration of 10 years.
The companies intend to provide their customers with extended freighter capacity, a broader network of destinations, and customised solutions. The services will be delivered through a distribution network and digital one-stop shop that is accessible round-the-clock, according to a recent release.
Both firms have expressed their ambition to invest in the future of air cargo by focusing on sustainable practices, smart digitalisation, and integrated technologies. They also plan to reduce carbon emissions and increase the use of sustainable fuel.
READ: CMA CGM hits $25 billion profit, predicts market deterioration in 2023
Rodolphe Saadé, CEO of CMA CGM, said that this partnership is an excellent fit for the company’s growth strategy. He added that CMA CGM can now offer a wider range of solutions to their customers with the extended capacity and enhanced service quality provided by Air France-KLM.
The news is the latest example of a growing trend among airlines to partner with cargo companies to expand their offerings and strengthen their position in the market.
Back in November 2022, Mediterranean Shipping Company (MSC) took delivery of the first branded aircraft as part of its new Air Cargo solution.
More recently, in March, Maersk announced the commencement of its new air freight service with scheduled flights between Billund, Denmark, and Hangzhou, China.