ASL Aviation Group has acquired the airline operations of TNT Express, comprised of TNT Airways (Belgium) and Pan Air Líneas Aéreas (Spain). The two airlines are to be renamed ASL Airlines Belgium and ASL Airlines Spain respectively and bring the total number of airlines in the Irish aviation group to nine. ASL’s offer to acquire the two TNT Express airlines was announced on 5 February 2016 and was conditional on the intended acquisition of TNT Express by FedEx. In conjunction with the … [Read more...] about ASL Aviation takes over two TNT airlines as FedEx acquisition closes
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FedEx completes €4.4 billion acquisition of TNT
FedEx Corporation has announced that it has acquired TNT Express. The €4.4 billion acquisition combines the strengths of the companies – the world’s largest air express network and an unparalleled European road network, which will expand the existing FedEx portfolio and reshape the global transportation and logistics industry, FedEx said. FedEx said the integration process of TNT Express will begin immediately, adding that the company's track record of successful acquisition integrations in … [Read more...] about FedEx completes €4.4 billion acquisition of TNT
More of the same with April cargo flat: AAPA
Preliminary traffic figures for the month of April released today by the Association of Asia Pacific Airlines (AAPA) showed a continuation of established trends, with steady growth in international air passenger demand, whereas air cargo markets remained weak. In contrast to a 6.4 per cent growth in passengers (RPK) in the month of April, air cargo demand was flat with volumes in freight tonne kilometre (FTK) terms similar to those registered in the same month last year. Expansion in … [Read more...] about More of the same with April cargo flat: AAPA
Abu Dhabi Int’l sees 6.2% decline in April volumes
Abu Dhabi Airports reported a sharp 6.2 per cent decline in cargo throughput at Abu Dhabi International Airport (AUH) to 63,500 tonnes in April, year-on-year. Year-to-date cargo volumes are down 4.8 per cent to 254,907 tonnes. Aircraft movements at AUH were down marginally by 1.0 per cent to 14,074. Passenger traffic at AUH for April 2016 rose 4.8 per cent compared to the same month last year to 1.96 million. The top-five routes were London Heathrow, Doha, Bangkok, Bombay and Jeddah. … [Read more...] about Abu Dhabi Int’l sees 6.2% decline in April volumes
Asia Pacific airlines return to profitability in 2015: AAPA
Preliminary financial performance figures released today by the Association of Asia Pacific Airlines (AAPA) revealed that Asia Pacific airlines recorded US$6.9 billion in combined net earnings in 2015, an upswing from net losses of US$1.2 billion reported for the year 2014. The AAPA said the strong results were underpinned by sustained growth in passenger markets, lower fuel prices and operating efficiencies including a record high passenger load factor of 78.4 per cent and a small but … [Read more...] about Asia Pacific airlines return to profitability in 2015: AAPA
DHL opens Life Science Competence Center at AMS
DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, opened a new logistics centre for life science and healthcare products at Amsterdam-Schiphol. The new Life Science Competence Center is located next to the airport at the business park Schiphol Southeast. It serves as a hub for the transport, transport preparation, temporary storage, and transport follow-up of active and passive temperature-controlled pharmaceutical and medicinal products. The facility … [Read more...] about DHL opens Life Science Competence Center at AMS
