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French air transport in need of capital

2020-09-24T19:08:48.881Z


The French shipowner CMA CGM has taken 30% of Air Caraïbes and French Bee.At the end of March, the aero division of the Dubreuil group, known for its airlines Air Caraïbes and French Bee, did not seem to fear the consequences of the pandemic. " We are approaching the crisis in great shape ", declared Jean-Paul Dubreuil, president of the eponymous group. Today, the entrepreneur, also active in distribution, is delighted to open the capital of this division to the French


At the end of March, the aero division of the Dubreuil group, known for its airlines Air Caraïbes and French Bee, did not seem to fear the consequences of the pandemic.

"

We are approaching the crisis in great shape

", declared Jean-Paul Dubreuil, president of the eponymous group.

Today, the entrepreneur, also active in distribution, is delighted to open the capital of this division to the French shipowner CMA CGM, which takes 30%, in particular via a capital increase of 50 million euros.

"

This makes it possible to consider the period of turbulence experienced by air transport more calmly, by preparing for the rebound

", underlines Jean-Paul Dubreuil.

For its part, CMA CGM sees in this operation the possibility of expanding into aeronautical freight with the holds of Air Caraïbes and French Bee aircraft.

Read also:

Traditional airlines do not see the end of the tunnel

If Jean-Paul Dubreuil has changed his speech in six months, it is because the situation is no longer the same: the gradual relaunch of air traffic expected for the start of the school year is not there.

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Source: lefigaro

All business articles on 2020-09-24

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