Shipping giant CMA CGM plans to raise approximately EUR325 million euros (USD380 million) through the issuance of new three-year bonds, which it would repay with its shares in Air France-KLM. The company pledged its entire 8.8% stake in the Air France/KLM Royal Dutch Airlines parent, although it said it would also be able to repay the bonds with cash or a mix of cash and shares. "CMA CGM remains a shareholder of Air France-KLM, confident in its management team, and further retains upside potential in Air France-KLM's share price," it said.

CMA CGM acquired an 8.8% stake in Air France-KLM in 2022, when the two companies launched a cargo partnership, which has since ended.