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
ASL Aviation
ASL to increase stake in India’s Quikjet
ASL Aviation Group has announced that its shareholding in Bangalore-based Quikjet Cargo Airlines through ASL subsidiary Farnair Switzerland AG is to increase to 72.59 per cent. The Foreign Investment Promotion Board (FIPB), which is the relevant agency of the Government of India for all Foreign Direct Investments, has approved Farnair’s application to increase its shareholding. The approval has come just months before the planned start of B737 scheduled domestic cargo services. … [Read more...] about ASL to increase stake in India’s Quikjet
ASL to increase stake in India's Quikjet
ASL Aviation Group has announced that its shareholding in Bangalore-based Quikjet Cargo Airlines through ASL subsidiary Farnair Switzerland AG is to increase to 72.59 per cent. The Foreign Investment Promotion Board (FIPB), which is the relevant agency of the Government of India for all Foreign Direct Investments, has approved Farnair’s application to increase its shareholding. The approval has come just months before the planned start of B737 scheduled domestic cargo services. … [Read more...] about ASL to increase stake in India's Quikjet
ASL Aviation completes Farnair acquisition
ASL Aviation Group (ASL) has completed the acquisition of the Farnair Group in Switzerland. The acquisition increases the number of affiliate airlines in the Dublin, Ireland based ASL Aviation Group to seven and the number of aircraft owned and/or operated in the fleet to over 100. ASL can now avail of Air Operators Certificates (AOCs) in Europe, South Africa, South East Asia and India, enabling entry into new and growing markets. The chief executive of ASL Aviation Group Hugh Flynn … [Read more...] about ASL Aviation completes Farnair acquisition
