MSC (Mediterranean Shipping Company) is viewed as one of the leading container lines in the world. In order to cater to various demands of consumers, MSC has determined to develop an air cargo division named MSC Air Cargo, which will begin operations in early 2023. By this move, MSC joined its peers like Maersk, CMA, and CGM. However, there is a difference: MSC rents aircraft.
MSC (Mediterranean Shipping Company) is viewed as one of the leading container lines in the world. In order to cater to various demands of consumers, MSC has determined to develop an air cargo division named MSC Air Cargo, which will begin operations in early 2023. By this move, MSC joined its peers like Maersk, CMA, and CGM. However, there is a difference: MSC rents aircraft.
In 2021, MSC strived to bid for ITA Airways, an established Italian air carrier, in vain. On September 27, 2022, MSC officially signed a long-term contract with Atlas Air for the right to use 4 Boeing Co. freighters.
The CEO of MSC, Soren Toft, has stated that MSC would continue its efforts to explore different ways to develop the air cargo market with the vision of complementing its core business of container shipping. Besides, the air freight capacity would be cemented.
The new step taken by MSC into air cargo will inject some confidence into the current market. In spite of the fact that air freight volume has been inching down and finally returned to the level of pre-Covid as of this July.
MSC appointed Jannie Davel to manage its arm of air cargo. This personnel move indicates that MSC seeks US routes in the near future.
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