FedEx buys TNT Express
Joined: Apr 2002
Posts: 984
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From: EGSS
FedEx buys TNT Express
What WhaleDriver said........
Plus it appears the TNT B777s are owned by Guggenheim. FedEx already has at least one 777 (883) from Guggenheim so half the battle.
Plus it appears the TNT B777s are owned by Guggenheim. FedEx already has at least one 777 (883) from Guggenheim so half the battle.
Last edited by Flightmech; 10th April 2015 at 22:29.
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The 777's were bought from Guggenheim and are now owned by Titan Leasing Ltd, a subsidiary of Atlas Air Worldwide Holdings. I remains to be seen what will be done with these airframes if the acquisition proceeds. Atlas could operate them, GSS?, FedEx, ????. It will be down to $$$$$ and the terms of the current lease contract with regard to successorship.
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From: earth
FoxHunter,
Yes I understand this and the EU to a limited extent but they are based in Belgium, I would expect this deal would be primarily based upon Belgian law and other EU regs. If the base of ops is Liege, could they not operate FedEx aircraft under Belgian labour law as TNT being the legal EASA operator of those aircraft even though the tails may be purple with an N-REG? I understand there is also a significant trucking fleet.
Yes I understand this and the EU to a limited extent but they are based in Belgium, I would expect this deal would be primarily based upon Belgian law and other EU regs. If the base of ops is Liege, could they not operate FedEx aircraft under Belgian labour law as TNT being the legal EASA operator of those aircraft even though the tails may be purple with an N-REG? I understand there is also a significant trucking fleet.
Joined: Apr 2002
Posts: 984
Likes: 51
From: EGSS
The 777's were bought from Guggenheim and are now owned by Titan Leasing Ltd, a subsidiary of Atlas Air Worldwide Holdings. I remains to be seen what will be done with these airframes if the acquisition proceeds. Atlas could operate them, GSS?, FedEx, ????. It will be down to $$$$$ and the terms of the current lease contract with regard to successorship.
Joined: Jun 2009
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From: Belgium
What about the bases ?
In the press release they insist a lot on the fact that LGG will remain important for the group.
But LGG and CGN are 1h30 appart by truck ...
The planned investments in LGG would make it much bigger than the CGN hub. Enough to kill it ? Does it make sense to have 2 hubs ?
And what about CDG ? That ain't far either...
+ they have discussion to develop a high speed train connection between those 3 airports (called eurocarex, probably with heavy eu subsidies)
EURO CAREX : Cargo Rail Express
In the press release they insist a lot on the fact that LGG will remain important for the group.
But LGG and CGN are 1h30 appart by truck ...
The planned investments in LGG would make it much bigger than the CGN hub. Enough to kill it ? Does it make sense to have 2 hubs ?
And what about CDG ? That ain't far either...
+ they have discussion to develop a high speed train connection between those 3 airports (called eurocarex, probably with heavy eu subsidies)
EURO CAREX : Cargo Rail Express
Joined: Apr 2002
Posts: 984
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From: EGSS
FedEx will not use LGG as a hub for air operations. It is single runway which is a significant negative factor and not in practice with the other hubs (and yes, STN is single runway but not considered a hub)
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From: on my way
23R/05L can be used by widebodies. (Actually happens quite often when WIP on rwy 23L with MD-11, B777 for example), taking into account the runway length.
CGN "secundary" runways are not significantly longer (2459 and 1863 to be confirmed)...
CGN "secundary" runways are not significantly longer (2459 and 1863 to be confirmed)...
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From: Belgium
we are getting away from the real debate i think.
The tracks in LGG or elsewhere have never been a real limitation.
LGG is not meant to be a road hub, they have that in the netherlands.
So if Fedex says it will remain important, i wonder how.
After the planned investments, LGG will be able to handle 3x the load of CGN...
The tracks in LGG or elsewhere have never been a real limitation.
LGG is not meant to be a road hub, they have that in the netherlands.
So if Fedex says it will remain important, i wonder how.
After the planned investments, LGG will be able to handle 3x the load of CGN...
Joined: Nov 2010
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From: USA
Canada is a sovereign nation, Europe is a group of sovereign nations. Canada is one large country, Europe is a group of small, and very small countries.
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From: Belgium
interesting...
Liége looking to have and hold
Liége looking to have and hold