Tag Archives: EuroAirport

Ryanair announces two new bases

Ryanair (Dublin) has announced two new bases. The ultra low-cost carrier announced it will open a new base at Milan (Malpensa) (number 73), its 15th in Italy, from December 1, 2015, initially with one based aircraft and four new routes to London (Stansted), Comiso, Bucharest and Seville.

In addition, the company announced it will open a new base at Santiago, Spain (number 74), its 12th in Spain, for Summer 2016, with one based aircraft.

Copyright Photo: Paul Bannwarth/AirlinersGallery.com. Boeing 737-8AS EI-DYJ (msn 36572) arrives at EuroAirport serving Basel/Mulhouse/Freiburg.

Ryanair aircraft slide show: AG Airline Slide Show

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easyJet to add the London Gatwick – Friedrichshafen route

easyJet (UK) (London-Luton) on December 12 will start the twice-weekly London (Gatwick)  – Friedrichshafen route. This new service will be operated with Airbus A319s according to Airline Route.

Copyright Photo: Paul Bannwarth/AirlinersGallery.com. Airbus A319-111 G-EZDK (msn 3555) in the new 2015 livery arrives at EuroAirport.
easyJet (UK) aircraft slide show: AG Airline Slide Show

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FedEx Corporation to acquire TNT Express for $4.8 billion

FedEx Corporation (FedEx Express) (Memphis) has announced its intention to acquire its European rival TNT Express (TNT Airways) (Amsterdam) in an all-cash public offer with a stated public value of $4.8 billion. FedEx is offering a 33 percent premium in its price offering for the stock of TNT. The combined European headquarters will be Amsterdam. TNT’s Liege cargo hub will be maintained.

The two companies issued this joint statement:

FedEx Corporation logo

TNT Express logo

 

Transaction highlights:

FedEx Corporation (FedEx) and TNT Express N.V. (TNT Express) reached conditional agreement on recommended all-cash public offer of €8.00 per ordinary TNT Express share.

The Offer Price represents a premium of 33% over the closing price of 2 April 2015 and a premium of 42% over the average volume weighted price per TNT Express share of €5.63 over the last 3 calendar months.

The transaction represents an implied equity value for TNT Express of €4.4 billion ($4.8 billion).

Transaction unanimously recommended and supported by TNT Express’ Executive Board and Supervisory Board.

High level of deal certainty.

PostNL N.V. has irrevocably confirmed to support the Offer and tender its 14.7% TNT Express shareholding.

Combination will transform FedEx’s European capabilities and accelerate global growth.

Customers will enjoy access to an enhanced, integrated global network, combining TNT Express strong European capabilities and FedEx’s strength in other regions globally, including North America and Asia.

FedEx and TNT Express employees share a commitment to serving customers and delivering value for shareholders and supporting the communities they live and work in.

The parties have agreed to certain non-financial covenants including:

Existing employment terms of TNT Express will be respected.

The European regional headquarters of the combined companies will be in Amsterdam/Hoofddorp.

TNT Express hub in Liege will be maintained as a significant operation for the group going forward.

TNT Express’ airline operations will be divested, in compliance with applicable airline ownership regulations.

FedEx and TNT Express anticipate that the Offer will close in the first half of calendar year 2016.

FedEx and TNT Express are confident that anti-trust concerns, if any, can be addressed adequately in a timely fashion.

Top Copyright Photo: Paul Bannwarth/AirlinersGallery.com. FedEx Express Boeing 757-204 (F) N923FD (msn 26266) departs from EuroAirport serving Basel/Mulhouse/Freiburg.

FedEx Express aircraft slide show: AG Airline Slide Show

TNT aircraft slide show: AG Airline Slide Show

Bottom Copyright Photo: Bernhard Ross/AirlinersGallery.com. TNT Airways Boeing 737-4M0 (F) OE-IAT (msn 29210) taxies to the runway at Frankfurt.

Germania launches two routes to Tehran, Iran

Germania Fluggssellschaft (Berlin) on Friday night (February 20), launched a new route from Düsseldorf to Tehran. Yesterday (February 22), the airline launched its first flight from Berlin (Schönefeld) in the capital city of Iran.

Copyright Photo: Paul Bannwarth/AirlinersGallery.com. Ex-Airberlin Boeing 737-76J D-ABLB (msn 36115) lands at EuroAirport near Basel.

Germania aircraft slide show: AG Airline Slide Show

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CityLine to end Lufthansa Regional Bombardier CRJ700 operations on March 29

Lufthansa (Frankfurt) is ending Bombardier CRJ700 regional jet operations at the end of March. Operated from the Munich hub by subsidiary Lufthansa CityLine, the last CRJ700 route and flight from MUC will be to Luxembourg and return on March 29 per Airline Route.

Copyright Photo: Paul Bannwarth/AirlinersGallery.com. Lufthansa CityLine’s Bombardier CRJ700 (CL-600-2C10) D-ACPL (msn 10076) lands in EuroAirport serving Basel/Mulhouse/Freiburg.

Lufthansa Regional-Lufthansa CityLine aircraft slide show:

AG Staff Photographers

Qatar Airways to operate the new Airbus A350-900 from Doha to Dubai during March

Qatar Airways (Doha) has scheduled a number of Airbus A350-900 flights on the short Doha – Dubai route according to Airline Route during the month of March giving travelers a chance to sample the new type on a much shorter route. The A350-900 is currently in service between Doha and Frankfurt, the first route for the new type.

In other news, Qatar Airways Cargo is launching freighter service to EuroAirport serving the Basel/Mulhouse/Freiburg area. The new route will operate weekly with Airbus A330-200F freighters on the Doha-Brussels-EuroAirport (Basel)-Doha route.

Copyright Photo: Bernhard Ross/AirlinersGallery.com. Captured in beautiful light, newly-delivered Airbus A350-941 A7-ALA (msn 006) is seen at its first destination, Frankfurt. A7-ALA was handed over to the carrier on December 22 and entered service on the route on January 15.

Qatar Airways aircraft slide show:

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