
After just one year of collaboration, the
	partnerships in the air cargo segment between the
	shipping group CMA CGM and the air carrier Air France-KLM.
	Announced in Spring 2022
	
 (
(
	of 
18
	May 2022), cooperation between the two companies had entered into
	in the operational phase last April and today the two partners have
	announced that it had taken the decision to withdraw from the agreements to
	starting from March 31st. Specifying that the rigid framework
	regulatory impact in some key markets has prevented the partnership from
	work optimally, CMA CGM and Air France-KLM have
	specified that it has entered into negotiations to establish a relationship with the
	on the basis of new terms and conditions in order to
	operate independently from next April.
	
	CMA CGM owns 9% of Air France-KLM's share capital.
	In the context of the increase in
	Airline capital implemented on June 16, 2022.
	Announcing today the decision to end their collaboration
	In the air cargo segment, the two partners announced that they have
	agreed to amend the lockup clause relating to the shares
	of Air France-KLM owned by CMA CGM, establishing that it will be
	in force until 28 February 2025 instead of 15 June 2025
	2025 (including a subsequent lockup period
	of 50% of these shares, initially set and maturing on 15
	June 2028). In addition, the parties have agreed that CMA CGM will exit
	by the Board of Directors of the airline with effect from
	from 31 March.