Tag: Air Transport

Blow to UPS and FedEx as Astar is judged to be US-controlled

Posted by | Dec 20, 2003 | |

A federal judge has ruled that Astar Air Cargo is a US-controlled air carrier, dealing a hefty blow to UPS and FedEx which have long argued the airline is owned and operated by the German postal monopoly, Deutsche Post.

The decision, administered by Burton Kolko, an administrative law judge at the Department of Transportation, removes a major hurdle for Deutsche Post as it muscles into the lucrative $47bn US package delivery market.

Astar flies almost exclusively express packages for DHL Worldwide Express, a subsidiary of Deutsche Post.

The decision also signals the near end of a three-year ordeal by FedEx and UPS to prove Astar’s close ties with Deutsche Post violate foreign ownership laws.

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Swedish Posten AB signs agreement with Amapola Flyg AB

Posted by | Dec 18, 2003 | |

The Swedish postal services company Posten AB said on the 18th December that it has signed a cooperation agreement with the air transport company Amapola Flyg AB, a subsidiary of Salenia AB.

Under the terms of the agreement Amapola Flyg will gradually take over domestic air mail operations from Posten’s subsidiary Falcon Air AB.

The transfer of operations is to be completed during 2006 when Falcon Air’s aircraft leasing agreement ends.

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TPG assists WFP with emergency airlift of relief supplies to Chad

Posted by | Dec 9, 2003 | |

In the first privately funded and operated airlift in the history of the
United Nations World Food Programme, TPG/TNT Airways this weekend transported urgently needed WFP humanitarian supplies destined for Eastern Chad where thousands of Sudanese refugees are sheltering. By transporting the goods over the weekend when demands for commercial activities are at their lowest, TPG was able to assist WFP’s emergency response activities in a very cost effective and flexible manner.

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Dispute between DHL & US competitors intensifies

Posted by | Dec 9, 2003 | |

The dispute between DHL, the express delivery service owned by Deutsche Post, the German postal service, and its US competitors FedEx and UPS has intensified. UPS and FedEx have accused DHL of having exclusive agreements with two US airlines, Astar and ABX Air, and of controlling these two airlines. However, the two US delivery companies have now been accused of hypocrisy by those in the sector, who claim that their practices in Europe mirror those of DHL in the US: UPS has an exclusive agreement with Danish airline Star Air, while FedEx controls the German airline Express Airways.

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US Airborne completes offer to purchase senior notes due 2007

Posted by | Dec 8, 2003 | |

Airborne, Inc., an indirect wholly owned subsidiary of DHL Worldwide Express B. V., has announced the successful completion of its previously announced offer to purchase for cash any and all of its $150 million 5.75% Convertible Senior Notes due 2007, together with the related solicitation of consents to amend the registration rights agreement related to the Notes.

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