News / ASL outlines acquisition plans as TNT and UPS wait on merger

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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 also poised to get underway.

Industry observers had assumed that TNT’s subsidiaries, TNT Airways and Spain’s Pan Air, which had to be sold to a European company under EU airline ownership rules, would take on the feeder services of the newly merged UPS. But, said ASL’s CEO Hugh Flynn, ...