Air France-KLM, CMA CGM to End Cargo Deal, Start Talks on New Terms

Jan. 16, 2024 3:01 am ET

Air France-KLM and delivery firm CMA CGM plan to withdraw from a cargo-cooperation settlement, citing a decent regulatory atmosphere in key markets, and are in talks for brand new phrases.

The Franco-Dutch service group mentioned Tuesday that the events intend to withdraw from their present agreements—which turned efficient in April final yr—from March 31. The firms have began discussions on new phrases and situations of a industrial relation from the tip of March onward, Air France-KLM mentioned.

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Source: wsj.com