ASL

What next for TNT Airways?

EU law will require FedEx to divest the TNT Airways fleet if its takeover of TNT Express is allowed to proceed. But just what is that fleet, and what will happen to it when it is divested? We last visited this subject in 2012, when UPS and TNT were going through what FedEx and TNT […]

ASL to acquire Farnair

Ireland-based ASL Aviation Group signed an agreement to acquire the Farnair Group of companies. ASL said it expected the transaction to close by the end of this year, but gave no financial details. ASL, a joint venture of Compagnie Maritime Belge (CMB, 51%) and 3P Air Freighters (an aircraft leasing subsidiary of private equity group […]
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