Air France KLM

Air France-KLM trims Airbus order for A350 freighter

Air France-KLM has downsized its order with Airbus for the all-new A350 freighter in favor of more passenger aircraft following another delay for the freighter program.

Air France-KLM Group reduced its order from eight to six A350 freighters and converted the reservation for production slots to two A350-900 passenger jets following last month’s announcement that Airbus has postponed the A350 freighter’s entry into service until the second half of 2027, AFKLM spokesman Gerard Roelfzema said in an...

https://www.freightwaves.com/news/air-france-klm-trims-airbus-order-for-a350-freighter

Air France-KLM shifts cargo jets from Latin America to Hong Kong

The Air France- KLM Group will redeploy Boeing 747-400 freighter aircraft from Latin America to support the September launch of service between Amsterdam and Hong Kong in response to high shipping demand from e-commerce retailers.

The new service is scheduled to begin on Sept. 19 and be operated by subsidiary Martinair Cargo with a stopover in Dubai, a major crossroad for international trade. It will mark the first time in nine years KLM/Martinair all-cargo aircraft have operated to Hong Kong on...

https://www.freightwaves.com/news/air-france-klm-shifts-cargo-jets-from-latin-america-to-hong-kong

Cargo IT meltdown hits Air France-KLM earnings

Air France-KLM Group said Tuesday that the bungled rollout of a new cargo IT system in March contributed to lower revenues during the first quarter, which in turn acted as a drag on earnings for the corporation.

The joint venture reported cargo revenues fell 16.5% year over year to 562 million euros ($602.3 million) even as traffic in revenue ton kilometers — a measure of revenue generation based on how much cargo is carried times distance — increased 4%. More broadly, the company’s operating...

https://www.freightwaves.com/news/cargo-it-meltdown-hits-air-france-klm-earnings

CMA CGM, Air France-KLM scrap cargo alliance over US market access

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Air France-KLM and ocean shipping power CMA CGM, citing regulatory challenges in various nations,...

https://www.freightwaves.com/news/cma-cgm-air-france-klm-scrap-cargo-alliance-over-us-market-access

CMA CGM and Air France-KLM terminate air cargo alliance

In a significant development, CMA CGM and Air France-KLM have decided to terminate their air cargo alliance.

The partnership, established in May 2022 concurrently with CMA CGM becoming a shareholder of Air France-KLM, would aim to capitalize on the growing demand for freight transportation worldwide.

The decision to end the alliance stems from a row over flight slots at Amsterdam airport, an issue that has cast doubt on regulatory approval, particularly in the crucial US market.

The companies...

https://container-news.com/cma-cgm-and-air-france-klm-terminate-air-cargo-alliance/

All Nippon Airways big cargo loser in 2nd quarter

Cargo revenue at All Nippon Airways was significantly worse than its peer group during the calendar second quarter, with the Japanese combination carrier on Friday reporting a 60% decline in sales for goods transport on its passenger and dedicated cargo jets.

International Airlines Group (IAG), the parent company of British Airways and four other carriers, experienced a 32% drop in cargo revenue, while second-quarter cargo receipts at Air France-KLM Group (DXE: AFKLM) contracted by a third year...

https://www.freightwaves.com/news/all-nippon-airways-big-cargo-loser-in-2nd-quarter

CMA CGM and Air France-KLM officially launch 10-year air cargo partnership

The long-term strategic air cargo cooperation of Air France-KLM and the CMA CGM Group, which was announced in May 2022, has officially commenced.

CMA CGM and Air France-KLM officially launch 10-year air cargo partnership

Air France-KLM Martinair Cargo, part of the Air France-KLM Group, and CMA CGM Air Cargo, part of the CMA CGM Group, will combine their cargo networks, full freighter capacity, and dedicated services aiming to build a more compelling offering.

The collaboration between the two...

https://container-news.com/cma-cgm-and-air-france-klm-officially-launch-10-year-air-cargo-partnership/

Air France-KLM and CMA CGM activate cargo partnership

Air France-KLM and ocean shipping and logistics provider CMA CGM on Monday announced the launch of a 10-year alliance between their air cargo divisions under which they will jointly market freighter capacity, and combine networks and dedicated services to increase scale and competitiveness.

The strategic partnership, which was made public in May 2022, includes Martinair Cargo, an Air France-KLM all-cargo subsidiary. It has actually been live for a month, according to the Air France-KLM Martinair...

https://www.freightwaves.com/news/air-france-klm-cma-cgm-activate-cargo-partnership

Air France-KLM doubles order for Airbus A350 freighters

Air France-KLM said Friday it will order four additional A350 widebody freighters from Airbus. 

The planes will be operated by subsidiary cargo airline Martinair on behalf of Dutch carrier KLM and will replace four Boeing 747 cargo jets currently operated by KLM Cargo and Martinair. The planes will be based at Amsterdam Schiphol Airport, the company said.

Deliveries to Air France-KLM-Martinair are expected in the second half of 2026.

Last April, Air France-KLM finalized an order for four A350...

https://www.freightwaves.com/news/air-france-klm-doubles-order-for-airbus-a350-freighters

CMA CGM Expects Major Shift In Shipping

A recent news article published in the MSN states that CMA CGM expects shipping slowdown after another strong quarter.

Weakening consumer spending

Weakening consumer spending is curbing shipping demand and freight rates, transport giant CMA CGM said on Friday as it reported another jump in quarterly profits.

French-based CMA CGM, one of the world’s largest container lines, reported a net profit of $7.6 billion for the second quarter, up from $3.5 billion in the year-earlier period and also...

https://mfame.guru/cma-cgm-expects-major-shift-in-shipping/

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