maxjet

FedEx to buy TNT for $4.8 billion to expand Europe deliveries | Reuters

FDXLAG

Per the company announcement to pilots, we can't own a foreign airline. TNT airline will be sold off eventually. All inter continental flown by FDX pilots (as much as feasible), CGN hub to expand, TNT airlines to be sold off someday.

If you believe the company.

Doogs

Should throw some fuel on any scope negotiations.

RedeyeAV8r

I am just a simple Frozen Caveman Pilot. This new Merger announcement & Talk frightens me.

So many questions.

"If " this deal gets final approval:

Who and what entity is going to fly the former TNT Airlines Freight? FDX says that they cannot own a foreign airline so they plan to sell it off. To Whom? Emirates? DHL? UPS? Air Asia?

Does it make sense to for FDX to sell off the TNT Air Arm to a Competitor? So will the Foreign buyer, whoever it may be, continue to fly the same Airplanes and routes under a contract for FedEx? Would that benefit the FDX Pilots? If FDX routes grow then yes, but what happens if it is more economical for the Sold Air Entity to fly it?

Is it going to be flown by the purchaser of the TNT Airlines with the current 737's and it's pilots or will they expand to bigger Aircraft?
BTW, TNT is not just 737's intra Europe. I see a lot of Wide Body Airplanes around the Globe with TNT painted on the side. (B-757/6's, A-330's, 747's etc) Who owns these? Will they continue to fly their existing Freight? Will they expand or contract if this deal is approved?

The FDX CGN HUB is expected to expand, but with what and who's airframes and Pilots? FDX's or the Purchaser of TNT airlines or a combination?

While this is all important, do not become distracted from Contract talks. I suspect Section 1 talks are is going to get more attention now.

MD11FLYER

I heard 17 being hired for HKG and 6 for CGN....not sure why we aren't at least putting guys in a pool...... Pilot recruitment folks seem a tad frustrated

Spoilers

Tell recruitment to call me! I'll go to CGN right away.

Birdstrikes

From Wikipedia so I'm not sure how accurate the info is. Most of the aircraft are operated by subcontractors so shedding the aircraft should be relatively straightforward. The 3 B777F's are owned by Titan Leasing (Atlas Worldwide subsidiary) and leased back to TNT.

TNT Airways fleet
Aircraft In Service Orders Notes
BAe 146-300QT 7 — 2 operated by PAN Air
Boeing 737-300F 8 — 2 operated by Bluebird Cargo
Boeing 737-400F 9 3 1 operated by Bluebird Cargo
Boeing 747-400ERF 4 — 2 wet-leased from Emirates
Boeing 757-200F 4 — 2 operated by Icelandair, 1 operated by Cygnus Air
Boeing 777F 3 —
Tupolev Tu-204-120C 1 — Operated by Cairo Aviation
Total 32. 3

I'm not sure if TNT has any of their own pilots? Since most of the flying is subcontracted out FDX should simply be able to buy their way out of any remaining contracts. There is always an "early out" clause in ACMI flying that TNT is currently using.

Jetjok

Relax Francis, it's FedEx. Someone once advised me to not panic or become frightened too early. They said that there would be time for that later. Another really smart person told me that it doesn't make much sense to worry too much about things that you can't control. In my experience, I have found that both suggestions were spot on. Lots of hoops to jump through before any deal is done. Then governments have to get involved, including, I believe the European Union. Can't see this thing coming together before June or July. 2025.

RedeyeAV8r

I know your retired, but please tell me you are not too old to remember
Early 90's SNL skits…...

Jetjok

RedEyE,

I guess the problem is that I am too old to remember. That plus the fact that I watched SNL religiously from about the early '70's until I got burned out with it and took a break. The break is still in effect as I don't find the players as funny as the original crew. Anyway, I was just poking fun at you. It's all good.