News / ASL Aviation agrees to buy TNT's airlines after FedEx takeover

© Gordzam

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 the two carriers at the moment the share sale is completed. A statement put out by TNT said: “ASL Aviation Group expects the airlines will maintain contracts with partner airlines, contractors and suppliers. In conjunction with the transaction, ASL Aviation Group has entered a multi-year ...