Maersk strengthens its position on air freight

Danish maritime transport giant AP Moeller-Maersk recorded exceptional results for the third quarter of 2021, with a profit multiplied by 6. Wanting to continue to diversify its logistics offer, the company plans to acquire an air freight company.

 

AP Moeller-Maersk recorded results that far exceeded expectations, with a net profit of 5.438 billion USD for the period June-September 2021. This is a six-fold increase compared to the same period of 2020. Revenue increased by + 67% to reach 16.612 billion USD.

 

"In an exceptional market situation, we continued to increase our capacities and expand our offers" underlined Søren Skou, Managing Director of the group who announced the acquisition of the German company SENATOR INTERNATIONAL and the order of aircraft. additional. To add even more flexibility to its customers' supply chains.

 

Senator International, is a transport company based in Hamburg (Germany), mainly active in air freight and operates in 21 countries (Europe, Americas, Asia). The transaction is valued at USD 644 million.

 

AP Moeller-Maersk has been active in air cargo transport since 1987, with its own company Star Air which is based at Copenhagen airport (Denmark). The group has also announced the purchase of two new Boeing 777Fs, available in 2024 and the rental of three additional Boeing 767-300 freighter, available next year.

 

 

source : maersk.com, lantenne.com, lesechos.fr