Post Tagged with: "TNT"

FedEx acquires TNT – now the hard work begins

FedEx acquires TNT – now the hard work begins

May 25, 2016 at 9:41 am 0 comments

Today FedEx reached the end of its long road to the acquisition of TNT. It also started down the longer, and likely more rocky, road of making that acquisition work. To begin, nothing much will change. “In the near term, customers can expect to interact with each company as theyRead More

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

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

FedEx/TNT — all over but the shouting

FedEx/TNT — all over but the shouting

January 8, 2016 at 10:51 am 0 comments

No, FedEx did not complete the takeover of TNT today, and no, it won’t happen tomorrow, but the European Commission today granted unconditional approval of the deal, and completion is now a foregone conclusion. Margrethe Vestager, the European Union’s Commissioner for Competition, said the EC had “thoroughly assessed the markets affected,” andRead More

ASL and  West Atlantic are raising cash

ASL and West Atlantic are raising cash

December 29, 2015 at 9:17 am 0 comments

The front-runner to acquire TNT’s two airlines – in terms of market speculation, anyway – is Ireland’s ASL Aviation Group and its 51% shareholder, Compagnie Maritime Belge (CMB). So it comes as little surprise that ASL has completed a funding round, worth US$110m, for “growth plans.” While no one isRead More