I'm probably know that UPS's speech is according to their intentions.
Anyway, TNT does not own only one airline in Europe, but two. Pan Air is also a TNT airline and older than TAY. Both fly for TNT network and both fly to destinations UPS cannot in Europe. UPS's contractors are too slow to fly that routes...
The reality is that UPS cannot get the control of that two airlines. I know they will have the determination of looking for the legal structure to control both airlines and close them down. Unitl that happen TNT cannot be sold regardless the agreement they have. UPS knows it.
Jobs cutting will be in both sides, UPS does not create jobs in Europe, this merge will cause jobs loosing in both sides.
