TNT Express sells airline operations to ASL to secure UPS deal
It’s finally been done. TNT Airways is off to join ASL’s happy band of companies; news which should help reassure investors and regulators deliberating over UPS’s planned acquisition of the Dutch...
View ArticleASL outlines acquisition plans as TNT and UPS wait on merger
The landscape of Europe’s express market will change dramatically if the EC gives the green light to UPS’s takeover of TNT, not least in the express feeder segment, where significant consolidation is...
View ArticleASL Aviation Group to acquire the Farnair Group
ASL Aviation Group (ASL) has announced the signing of an agreement to acquire the Farnair Group of companies. The transaction is expected to close before the end of the year, once all pending...
View ArticlePossible buyer emerges for TNT Express airline activities
There is little surprise here, but it would appear that Irish aviation group ASL has never given up on its desire to buy TNT’s airlines. It was due to have acquired them if UPS had bought the European...
View ArticleASL confirms $110m funding for ‘growth opportunities’– enough to buy TNT’s...
News that ASL Aviation Group has completed a funding round reintroduces the question of whether it plans a new bid to acquire TNT’s airlines. On Friday, multi-carrier express specialist ASL announced...
View ArticleAmazon eyes more investment in Europe, but is warned against launching its...
Amazon will push ahead with more investment in its ‘European Fulfilment Network’, creating several thousand new jobs this year, it said this morning. The internet retailer has invested more than €15bn...
View ArticleASL Aviation Group orders three 737-400SF conversions from AEI
Aeronautical Engineers, Inc. (AEI) is pleased to announce that the company has signed a deal with Dublin, Ireland based ASL Aviation Group to provide three (3) 11 pallet position B737-400SF freighter...
View ArticleASL Aviation agrees to buy TNT’s airlines after FedEx takeover
As expected, ASL Aviation Group is to buy TNT’s airlines, Pan Air and TNT Airways – and continue to operate them on behalf of FedEx/TNT. Under the agreement, ASL will take over the flights operated by...
View ArticleAir cargo in India set to take off as the economy grows and carriers expand...
There appears to be some movement in the Indian air cargo market – at last. Local media is reporting the perhaps surprising development that low-cost carrier SpiceJet is to launch a door-to-door cargo...
View ArticleQuikjet takes to the Indian skies as Sovika eyes cargo opportunities
Quikjet Cargo, the ASL-owned Indian operator, has finally taken to the skies. As reported in The Loadstar last year, aviation company Sovika had been in the market for an aircraft – and it looks like...
View ArticleASL bets on India with QuikJet Cargo investment, as it launches freighter...
ASL Aviation, the seven airline-strong group, is betting on air cargo growth in India by increasing its investment in Quikjet Cargo Airlines to 72.59%. The news, which follows approval from India’s...
View ArticleASL takes over TNT’s two airlines as FedEx deal completes
TNT’s airlines have now become ASL Airlines Belgium and ASL Airlines Spain, after the express operator was forced to sell them as part of its takeover deal with FedEx. Under EU law, FedEx cannot own a...
View ArticleBelgian pilots’ union challenges FedEx European air operations
Cargoforwarder has come up with an interesting story, looking at FedEx and its supplier ASL Airlines, which bought TNT’s airlines. It points out that plans by FedEx to fly European routes with its own...
View ArticlePossible buyer emerges for TNT Express airline activities
There is little surprise here, but it would appear that Irish aviation group ASL has never given up on its desire to buy TNT’s airlines. It was due to have acquired them if UPS had bought the European...
View ArticleASL confirms $110m funding for ‘growth opportunities’– enough to buy TNT’s...
News that ASL Aviation Group has completed a funding round reintroduces the question of whether it plans a new bid to acquire TNT’s airlines. On Friday, multi-carrier express specialist ASL announced...
View ArticleAmazon eyes more investment in Europe, but is warned against launching its...
Amazon will push ahead with more investment in its ‘European Fulfilment Network’, creating several thousand new jobs this year, it said this morning. The internet retailer has invested more than €15bn...
View ArticleASL Aviation Group orders three 737-400SF conversions from AEI
Aeronautical Engineers, Inc. (AEI) is pleased to announce that the company has signed a deal with Dublin, Ireland based ASL Aviation Group to provide three (3) 11 pallet position B737-400SF freighter...
View ArticleASL Aviation agrees to buy TNT’s airlines after FedEx takeover
As expected, ASL Aviation Group is to buy TNT’s airlines, Pan Air and TNT Airways – and continue to operate them on behalf of FedEx/TNT. Under the agreement, ASL will take over the flights operated by...
View ArticleAir cargo in India set to take off as the economy grows and carriers expand...
There appears to be some movement in the Indian air cargo market – at last. Local media is reporting the perhaps surprising development that low-cost carrier SpiceJet is to launch a door-to-door cargo...
View ArticleQuikjet takes to the Indian skies as Sovika eyes cargo opportunities
Quikjet Cargo, the ASL-owned Indian operator, has finally taken to the skies. As reported in The Loadstar last year, aviation company Sovika had been in the market for an aircraft – and it looks like...
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