US Astar fears more trouble from competitors
Astar Air Cargo fears “more mischief” from its competitors even if a US Department of Transportation (DoT) inquiry backs its claim to be entirely independent of former owner DHL.
US law prohibits foreign interests from holding more than a 25% stake in a US airline. Integrators FedEx and UPS claim that Astar, formed in July when DHL sold its remaining stake to a group of US investors led by former DHL Airways CEO John Dasburg, is still under the effective control of Deutsche Post.
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