Tag: Air Transport

Pos M’sia to buy 20% of Transmile for RM253m

Posted by | Jul 28, 2004 | |

POS Malaysia Bhd, the country’s national postal company, said it will buy 20.3 per cent of Transmile Group Bhd for RM253.1 million (SD115 million) in stock and cash to expand its activities and boost earnings. Pos Malaysia, already a client of Transmile, will pay the equivalent of RM6.25 a share for the stake, the company said in a statement to the stock exchange. That’s a 12 per cent discount to the airfreight delivery company’s last traded price.

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German airport Leipzig hopes to be used as base by DHL

Posted by | Jul 24, 2004 | |

Leipzig-Halle airport, Germany, is hoping that it will be chosen as a base by DHL, the subsidiary of German postal service operator Deutsche Post that specialises in express deliveries and logistics. DHL is currently based in Brussels, but says that it will be able to deal with the increasing volume of deliveries only if the airport there is extended and remains in operation during the night. However, there is opposition to these plans.

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Hesse welcomes Deutsche Post plans to reduce night flights from 2005

Posted by | Jul 16, 2004 | |

Deutsche Post AG is to further reduce its night air mail network in stages from the start of the summer air schedule in March 2005. This will lead to a considerable reduction in night aircraft movements, particularly at Frankfurt am Main airport. Dr. Klaus Zumwinkel, Chairman of the Board of Management at Deutsche Post World Net, explained the planned changes in talks with the Minister-President of Hesse, Roland Koch. Minister-President Koch was pleased about the planned reduction of night flights and unequivocally welcomed Deutsche Posts plans. He said that they were the successful result of the regional governments efforts to reduce noise nuisance at night even before the expansion of the airport.

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DHL to increase Shanghai-HK flights to 5 from 4 per week

Posted by | Jun 29, 2004 | |

Deutsche Post AG’s express courier unit DHL said it has increased its Shanghai-Hong Kong freight service to five times per week from the previous four due to robust growth in demand. Meanwhile, DHL has also boosted its Shanghai-Hong Kong capacity by 60 pct by using an A300B4 freighter with a capacity of 35 tons, it said in a statement. DHL launched the Shanghai-Hong Kong service last June. It offers 800 flights per day in the Asia Pacific region serving 24 destinations in 15 countries.

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