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Thread: UPS buys TNT!
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Old 19th Mar 2012, 09:34
  #18 (permalink)  
kbrockman
 
Join Date: Apr 2005
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By the way TNT was doing business during the last couple of years this
buyout by UPS might well be its only possible salvation.
Sure many people at TNT are going through difficult and uncertain times, not least
the pilots at LGG and other TNT bases and I really hope this all works out for them but lets be realistic here, this wasn't going to last like this forever.

Of all things the TNT people in the US and the TNT base in Brazil are most likely to suffer the most, that's where all of the losses are generated.
TNT Europe is a profitable business, it could very well turn out to be not too bad for most of its EU operations, however I think LGG will suffer substantially.
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