The Argentinean government has decided for a shift on the strategy to renegotiate the concession contracts of the mail services and airports management. The mail service Correo Argentino, has piled up a Pesos$500mil debt for unpaid fees since 1999, and has applied for preventive bankruptcy, while its situation has to be tackled by the new administration.
Read MoreThe trans-Atlantic dispute among the world’s package delivery giants over the ownership of DHL Airways has grown even nastier. FedEx Corp. and United Parcel Service have asked the administrative law judge overseeing the case to hold the chief executives of Deutsche Post World Net and DHL International in contempt for refusing to comply with the judge’s order to testify about their relationship with DHL Airways, a U.S.-based cargo airline with approximately 34 aircraft. Deutsche Post and DHL, in turn, have asked the judge to quash the subpoenas ordering Klaus Zumwinkel, chief executive of Deutsche Post, and Uwe Doerken, chief executive of DHL International, to testify.
Read MoreMail, express and logistics company TPG N.V., has commenced the operation of a new Boeing 737-300F aircraft in its TNT Express European air network. It is the first time TNT Airways will be using B737 aircraft as part of its air fleet operations.
Read MoreThe sale of DHL Airways to an investor group led by the carrier’s chief executive will not close today as the airline had previously announced. Ray Lutz, vice president for business development and strategic planning at the carrier, said, “We’re doing everything we can to make it happen. A lot of stuff has to be done, and a lot of people are working very diligently.” Lutz declined to forecast when the sale will be completed, saying, “I don’t have a timetable for you.”
Read MoreTNT Express last week began flying its own aircraft into Bucharest as part of an upgrade of its eastern Europe services. The move extends cut-off times from Liege by two hours and the aircraft arrives an hour earlier in the Romanian capital.
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