Paris, 20 May 2022 Air France-KLM enters into exclusive discussions with Apollo for a 500-million euros capital injection into an affiliate owning spare engines Reinforcement of Group’s equity Financing proceeds allocated to partial reimbursement of the French State AidReduction of Group’s cost of debt Following announcement of the second step of equity strengthening measures at the Full Year 2021 results presentation, Air France-KLM announces today that it has entered into exclusive discussions
CMA CGM, the French shipping group, is set to become a leading shareholder in Air France-KLM and will forge a partnership in air cargo with the carrier, part of a drive to expand its reach after a boom in its business during the pandemic. The Marseille-based container company, which in recent months has made investments in logistics ventures, port terminals and a parcel delivery group at a time when international shipping prices have been soaring, will take up to 9 per cent of the airline group, the companies said. The deal will make CMA CGM a top investor in Air France-KLM, which is partly backed by the French and Dutch governments, as the airline emerges from a rocky patch following coronavirus lockdowns that brought most travel to a halt and pushed the company to request bailouts.
18 May 2022 Air France-KLM and CMA CGM join forces and sign a major long-term strategic partnership in global air cargo Industrial cooperation combines Air France-KLM's air transport experience and know-how with CMA CGM's global supply chain expertise and assets ;Air France-KLM and CMA CGM to jointly sell their air freight capacity, providing customers with more options for their transportation needs ;CMA CGM to become a reference shareholder in Air France-KLM. [Paris, Marseille, 18 May 2022] –