The Board of Directors of the CMA CGM Group, a world leader in shipping and logistics, met under the chairmanship of Rodolphe Saadé, Chairman and Chief Executive Officer, to review the financial statements for the first quarter of 2021.

Commenting on the results, Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, said:

“At a time when global supply chains are under severe pressure, we have rallied together to provide our customers with additional solutions. We have expanded our fleet, most notably with the addition of new LNG-powered 23,000 TEU vessels. We have also created a new airfreight division with four Airbus A330-200 full-freighters, thereby strengthening our range of agile solutions.

        In this context, the complementarity between our maritime transport offer and the

 logistics solutions offered by our subsidiary CEVA Logistics has proven particularly relevant

Development of the airfreight offer

In order to offer its customers a comprehensive range of transport solutions, the CMA CGM Group has launched a dedicated airfreight division called CMA CGM AIR CARGO. The division, which counts four Airbus A330-200F cargo aircraft, each with a carrying capacity of 60 tonnes and a flight range of nearly 7,500 kilometers, began operations on March 13, 2021 with a first flight between Liège and Chicago, followed by the opening of routes to New York and Atlanta.

With the aim of meeting market demand for fast pick-up and reduced transit times, the Group is expanding the coverage of its airfreight division to new regions with the addition of three new destinations by this summer: Dubai, Beirut and Istanbul.

CMA CGM AIR CARGO completes the Group’s service offering by leveraging synergies between maritime transport and logistics.