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UPDATED 16.40 TO INCLUDE CMA CGM RESPONSE

Air France-KLM looks likely to take full commercial control of CMA CGM Air Cargo, which is restructuring its fledgling business – but has only until 1 December to form a full cargo agreement.

The shipping line announced a long-term strategic partnership with the airline group in May, but a month prior to that, it appointed Mark Sutch, Cathay Pacific Cargo veteran, to head the airline’s commercial team.

Observers welcomed the news. Some in the market had ...

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