TNT Express announces conditional sale of airlines to ASL Aviation Group

Hoofddorp, 16 November 2012 – TNT Express N.V. (TNT Express) today announces the conditional sale of 100% of the equity interest in TNT Airways SA (TAY) and Pan Air Lineas Areas SA (PNR) to ASL Aviation Group. The transfer is conditional on and will become effective immediately prior to completion of the proposed UPS-TNT Express merger. This change of ownership […]