EU court rejects UPS €1.7bn TNT claim against Brussels

© Alexey Novikov

It feels like a long time ago now, but remember the UPS bid for TNT, turned down by the EU, while FedEx was allowed? UPS didn’t attempt to overturn FedEx’s deal, but it did hit the EU with a €1.7bn compensation claim. The EU’s General Court has dismissed the claim, perhaps unsurprisingly. And it has also dismissed one from ASL Aviation, which despite agreeing to buy TNT’s airlines, had also tried to sue the EU for €93.8m over loss of profits after the UPS deal was blocked. CH Aviation reports.