ASL

Lockheed Martin books first firm order for the LM-100J

At the Paris Air Show, Lockheed Martin announced that it had received a firm order for five LM-100J transports from an unidentified customer. The LM-100J is the manufacturer’s new commercial version of the well-known Hercules military transport. The first LM-100J, which began its test flight program last month, is on display at the Paris Show. […]

New faces in high places

This week brings three big executive suite changes, two directly in the air freight world (including David Bronczek’s promotion to President of FedEx Corp), and one very close to it. We’ll start with the latter: Etihad Airways: Abu Dhabi-based Etihad Airways confirmed today that, as part of a major shake-up, James Hogan will step down […]

TNT – the final quarter

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, TNT reported a net first-quarter loss […]

Quikjet launches Indian domestic freighter service

It has been a long time coming, but India-based all-cargo carrier Quikjet finally launched service, offering overnight flights connecting Delhi, Chennai, Bengaluru and Hyderabad with its single 737-400 freighter. Quikjet was formed as a startup in 2007, backed by various Indian investors, including the Tata Group. In 2012, Switzerland-based Farnair acquired a 36% stake in […]

ASL to take over TNT Airways

  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 of TNT, but regulatory authorities in […]

ASL and West Atlantic are raising cash

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 is talking much about their possible […]

European (dis)Union

Looked at through the lens of aviation, the European Union seems to be trying to go in two opposite directions at the same time. On one hand, the European Commission has just published what it calls “a new Aviation Strategy for Europe.” This four-part plan includes initiatives to accelerate the Single European Sky project; to […]

Is it finally India’s time?

European aviation holding company ASL Aviation Group said today that, through subsidiary carrier Farnair, it would increase its shareholding in India-based all-cargo startup Quikjet from 50.93% to 72.59%. Is this a sign that India’s time to shine on the air freight stage has finally come? Is ASL’s plan to put one of its newly-converted 737-400Fs into […]
Page 2 of 3«123 »
Get Latest Issue