PPRuNe Forums - View Single Post - FedEx buys TNT Express
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Old 5th June 2016 | 07:03
  #93 (permalink)  
gtf
 
Joined: Sep 2007
Posts: 90
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From: Here today, elsewhere tomorrow
Keeping LGG is no surprise.
#1 CDG and CGN cannot take on the LGG volume.
#2 TNT received significant government subsidies that must be repaid if employment at LGG falls. FedEx took on the obligation by buying TNT.
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