DHL To Buy Stake In Polar, Sign Long-Term Capacity Deal
Express giant DHL yesterday announced its intention to buy 49% of air cargo carrier Polar in a transaction that also includes a 20-year agreement for capacity on Polar aircraft. Under a letter-of-intent signed by the two companies, DHL will pay $150 million for the 49% equity and 25% voting interest...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
