In a significant shift, shipping giant CMA CGM and airline group Air France-KLM have announced the termination of their air cargo alliance. The partnership, established in May 2022 following CMA CGM's investment in Air France-KLM, was designed to capitalize on the growing global demand for air freight. The decision to dissolve the alliance stems from disagreements over flight slots at Amsterdam's Schiphol Airport, which also raised concerns about regulatory approvals, particularly in the crucial US market. Both companies cited the 'challenging regulatory environment in certain crucial markets' as the reason for the split. As a result, Air France-KLM and CMA CGM will cease their existing agreements on March 31, 2024. While their air cargo collaboration is ending, discussions are ongoing regarding potential future cooperation as independent entities within the industry. CMA CGM will remain a substantial shareholder in Air France-KLM, but will relinquish its board seat on March 31.