DHL and ABX Air Inc. have extended negotiations on a deal under which DHL would assume financial responsibility for leases of five Boeing 767-200 freighter aircraft that ABX is currently operating. ABX has been operating the aircraft on behalf of DHL under an existing agreement that expires in August 2010. The new arrangement, according to an 18 March memorandum of understanding (MOU), also would give DHL an option to lease up to four additional 767s. The March MOU provided that either party could terminate the MOU after 10 April if the parties did not enter into a definitive agreement by that date. That potential termination date was extended 9 April until end-April and was again extended last week until 15 May.
Leaderboard
Related Articles
DHL Group shows confidence in India with investments of around EUR 1 billion in the country until 2030
Aramex names Amadou Diallo as Group Chief Executive Officer to lead next phase of growth
Berli Jucker Logistics partners with DHL Supply Chain Thailand to elevate Thailand’s logistics to global standards
Building the network of the future: DHL Express’s infrastructure, digital, and sustainability drive in the Asia Pacific
AVS GSA officially appointed as the GSA for DHL Aviation in Malaysia
Asia Pacific strengthens role in global trade amid rising tariff pressures: DHL Global Connectedness Tracker, 2025 special update


