Tag: Brazil

February Demand Growth Stays Strong: IATA Announced Global Passenger Traffic Results

Reading Time: 3 minutes Geneva – The International Air Transport Association (IATA) announced global passenger traffic results for February showing continuing strong demand growth for domestic and international travel. Total revenue passenger kilometers (RPKs) rose 8.6%, compared to the same month last year. Monthly capacity (available seat kilometers or ASKs) increased by 9.6%, and load factor declined 0.7 percentage […]

Approved FedEx Takeover of TNT Express in Brazil

Reading Time: 2 minutes Brazil’s Conselho Administrativo de Defesa Econômica Unconditionally Approves FedEx Intended Acquisition of TNT Express FedEx Acquisition B.V. (the Offeror) and TNT Express (TNT Express) jointly announce that they have obtained the unconditional approval from the Conselho Administrativo de Defesa Econômica (CADE) in connection with the Offer. “We are very pleased with the unconditional approval from […]