Post Tagged with: "FedEx"

ASL acquires TNT’s airlines

ASL acquires TNT’s airlines

May 24, 2016 at 10:55 am 0 comments

It’s official: as of today, ASL Aviation Group acquired the two airlines formerly owned by TNT Express. When FedEx made its offer to acquire TNT Express, one of the conditions imposed by EU law was that TNT Express’ airlines – TNT Airways and Pan Air Líneas Aéreas – could notRead More

The express fleet in 2016 – Part II

The express fleet in 2016 – Part II

May 17, 2016 at 8:56 am 0 comments

Yesterday we began an analysis of the jet freighter fleets operated by and for the world’s express companies. In Part I we looked at the fleet as a whole and the way it has changed over the years (you can read that analysis here). Today we turn to a moreRead More

Express fleet continues modest growth

Express fleet continues modest growth

May 16, 2016 at 9:59 am 0 comments

Today we begin a two-part analysis of the jet freighter fleets operated in express service worldwide. Tomorrow we will look at the fleet on an operator-by-operator basis, but here we examine the current makeup of the total fleet, and the way it has changed over the years. At the endRead More

TNT – the final quarter

TNT – the final quarter

April 26, 2016 at 10:46 am 0 comments

TNT published its first-quarter 2016 results. Or perhaps “final quarter” would be a better term, or “last full quarter.” After seventy years in business, TNT is counting down its final six weeks, with 6 June likely the day FedEx will formally acquire the Netherlands-based express company. But in the meantime, TNTRead More

Alibaba-affiliate Cainiao, currently handles 70% of China's e-commerce logistics.

Cainiao joins e-commerce panel at Cargo Facts Asia 2016

March 21, 2016 at 10:57 am 0 comments

Cargo Facts Asia 2016 has added yet another key speaker to its “E-commerce Explosion and Air Freight” panel: Steven Li, Director of Cross-Border E-Commerce Logistics for Cainiao. It is widely known that e-commerce in China owes much of its success to the most renowned of Cainiao’s founding partners, Alibaba, which launched theRead More

FedEx calls out ‘fantastical’ news reports

FedEx calls out ‘fantastical’ news reports

March 17, 2016 at 10:33 am 0 comments

FedEx reported fiscal third-quarter net income down 19.3% y-o-y to $507 million, as revenue rose 8.5% to $12.7 billion. Operating income for the quarter was down 16.8% to $864 million. But, as usual, the reported figures mask the impact of one-time charges – in this case, expenses related to legalRead More

ASL to take over TNT Airways

ASL to take over TNT Airways

February 5, 2016 at 10:53 am 1 comment

  One of the biggest questions arising out of FedEx’s acquisition of TNT Express has been answered: Ireland-based ASL Aviation Group signed an agreement to acquire TNT’s airline operations, including both TNT Airways, and Spain-based Pan Air Lineas Aéreas. The agreement is conditional on the completion of FedEx’s acquisition ofRead More

Amazon Airlines? Maybe, but maybe not.

Amazon Airlines? Maybe, but maybe not.

February 4, 2016 at 10:53 am 0 comments

Amazon seems to be saying “maybe not,” but in a way that is open to a wide variety of interpretation. We have covered Amazon’s move into the air freight business extensively. You can read our most recent analysis here, but the condensed version is that, in September 2015, Amazon set upRead More