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May 2022 Review

Rodolphe Saadé-led CMA CGM is investing in Air France-KLM, joining forces in the air cargo domain. The long-term strategic partnership will see both parties combine their complementary cargo networks, full freighter capacity and dedicated services. CMA CGM, which posted a net profit of $18bn last year, will take up to 9% of Air France-KLM’s ex-post share capital.

The Saverys family lost their first battle at Euronav. More than two-thirds of the shareholders at Euronav’s annual general ...

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