CMA CGM to create own cargo airline

French shipping giant CMA CGM is planning to establish its own cargo airline. According to French newspaper La Tribune, the company founded CMA CGA Air Cargo SAS in November and is set to acquire two former Qatar Airways A330-200Fs.

CMA CGM previously reached a tentative agreement with Groupe Dubreuil Aero to acquire 30%, which would give the shipping company access to the belly cargo capacity of the Groupe's airlines Air Caraïbes and FrenchBee. However, this deal fell through after the French government decided to support Dubreuil's largest competitor Corsair and CGA CGM didn't wanted to risk its good relations with all parties involved.

Photo by CGA CGM.