CMA CGM to invest in AF-KLM, merging airfreight capacity and sales
Shipping line vertical consolidation took a further step today as cash-rich CMA CGM bought a ...
New Italian airline ITA Airways, borne from Alitalia, could be acquired, at least in part, by Lufthansa Group. According to this interesting article from Aviation24.be, Lufthansa is keen to prevent ITA from becoming too entrenched in the SkyTeam group, which includes AF-KLM and Delta, two airlines with which ITA signed codeshare agreements last month. Instead, Lufthansa would prefer ITA nestled instead in the LH airlines group of Brussels, Austrian and Swiss – and ITA Airways appears to be comfortable with LH taking a share.
Hapag books $4.7bn Q1 profit, but the outlook is uncertain as costs rise
CMA CGM offers cash incentive for returning containers early
Misdeclared Li-Ion battery shipments a rising threat to shipping
One-third of foreign workers look set to leave China this summer
Inditex lobbies for Maersk to win contract to run new Bangladesh terminal
US container imports up 7% in April as coastal shift continues
Lockdowns driving multinational soul-searching on staying in China
Cargolux highs and lows: running a freight airline not for the faint-hearted
Comment on this article