US Edition
CMA CGM Expands Air Cargo Operations Closing Air Belgium Acquisition
- On April 30, 2025, CMA CGM completed the takeover of Air Belgium's cargo business after the Belgian court ordered the airline's liquidation.
- The acquisition followed Air Belgium’s financial difficulties worsened by COVID-19 and geopolitical crises, with a rejected rival bid from Air One Belgium.
- CMA CGM plans to maintain the Air Belgium brand and 124 jobs, including 72 pilots, operating four freighters from Belgium and integrating these into its existing air cargo network.
- The group stated this acquisition “enhances its global and European air cargo presence” and will accelerate growth with fleet expansion beginning in 2027 including eight Airbus A350Fs.
- The transfer ensures preservation of cargo jobs and suggests positive prospects for Belgian air freight while concluding the seven-year passenger operation chapter of Air Belgium.
12 Articles
12 Articles
If the resumption of the Belgian airline's cargo activities by the French maritime group CMA CGM will save 124 jobs, 150 workers of the passenger branch, not recovered, live a real "human drama", reacts Wednesday the union CGSLB. ...
A major Belgian airline, Air Belgium, announced on Wednesday that it is declared bankrupt and that its activities will be assumed by the French group CMA CGM. This decision will allow it to save at least 124 jobs, equivalent to just under half of the jobs that the company had. "Although this stage marks the end of a seven-year chapter of operations, the new company will be able to continue its activity exclusively focused on cargo transport, pre…
Air Belgium liquidates after CMA CGM takeover, brand remains
Air Belgium SA, until now doing business as Air Belgium (KF, Brussels Charleroi), was placed into liquidation on April 30 by the Business Court of Walloon Brabant after all conditions were met for the official transfer of its cargo activities to French maritime logistics giant CMA CGM. The new owner will maintain the Air Belgium brand, but not the separate corporate entity. In a statement, Air Belgium said this followed the granting of new Belgi…
CMA CGM Air Cargo fleet almost doubles with Air Belgium buy - The Loadstar
CMA CGM Air Cargo has expanded via the acquisition of Air Belgium’s cargo operations. The deal brings its fleet to nine aircraft, with a further nine on order. And CMA has pledged to retain the Belgian brand, along with 124 jobs out of 400 or so, including 74 pilots. CMA said: “The expertise of these teams is a key asset in developing a high-performing service that meets market expectations”. It added that ... The post CMA CGM Air Cargo fleet a…
Coverage Details
Bias Distribution
- 100% of the sources are Center
To view factuality data please Upgrade to Premium
