CMA CGM posts 'solid' 2024 results, but sees choppy waters ahead
CMA CGM Group posted 2024 results broadly similar to those of AP Møller Maersk (APMM), ...
Apollo Global Management, owner of Atlas Air, has sold its remaining 12% of Sun Country Airlines, despite the airline’s bullish stance on its Amazon contract.
The private equity group bought into the airline in 2018. In 2020, the carrier signed a deal with Amazon to sub-lease 10 aircraft, which was extended in 2023 to include eight more.
All eight will join the fleet, to take it to 20 freighters, by this summer, according to CEO Jude Bricker.
“I expect cargo revenue will roughly ...
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