CMA CGM submits bid for Air Belgium's cargo operations: Reports
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Background ✨
Air Belgium's previous attempts to sell its cargo operations faced setbacks, including a blocked takeover by Air One Belgium due to administrative delays, which led to an appeal against the court's decision1 2. Earlier, Peso Aviation Management and Air One International Holdings had their acquisition attempt revoked by the Nivelles enterprise court3. The bidding process for Air Belgium's cargo operations was reopened, with a new deadline of 27-Mar-20251.