CMA CGM Air Cargo eyes expansion with bid for Air Belgium
CMA CGM Air Cargo has swooped in to bid for Air Belgium, after a Dutch ...
By Alex Lennane
CMA CGM is keeping tight-lipped about its third-quarter airline results. In fact, about all its results.
If you look at the numbers on the press release it issued on Friday, its airline figures are nowhere to be seen – while, nonsensically, CMA’s maritime and logistics revenues, apparently make a higher total than reported group revenue.
As one financial analyst said: “It can write whatever it likes.”
While CMA CGM has previously separated air, perhaps this time it is included in its logistics division, ...
Comment on this article