Press Release

TNT increases air freight capacity between China and Europe

Publish Date : 5 July 2010 at 08:30 CET - Amsterdam, Shanghai -TNT is increasing its air freight capacity between China and Europe to meet growing demand. Starting today, the company is scheduling an additional Boeing 747-400 ERF aircraft between China and its European air hub in Liege, Belgium (as announced on 8 April 2010). TNT will increase its service frequency to six flights per week from Shanghai and five flights per week from Hong Kong. TNT is responding to the stronger demand in China for its air services, especially from the high-tech and fashion industries.

Chinese exports to Europe rose almost 50% during the five first months of 2010 from a year before, according to the Chinese General Administration of Customs. During the same period, the bilateral trade between China and the EU totaled $177 billion, an increase of 37.4 percent over last year, confirming the EU's position as China's number one trade partner.

“Our continuous investment demonstrates TNT's long-term confidence in China and our commitment to enhancing our service capabilities,” said Michael Drake, Regional Managing Director of TNT North Asia. “With our integrated air and road delivery capabilities in China and Europe, we are well-positioned to capitalize on the strong trading links between these two trading regions.”

“TNT has seen a significant increase in customer demand for freight services between the regions. Our current freighters between China and Europe are operating at full capacity,” said Iman Stratenus, Managing Director of TNT China. “The increased dedicated freighter capacity will ensure our customers, especially those in the high-tech and fashion/life-style sectors, become more competitive due to shorter factory-to-market lead times and increased supply chain management efficiency.”

The 110-ton Boeing 747-400 ERF (Extended Range Freighter) offers a very competitive ton-mile cost in the industry. TNT started to operate a B747-400 ERF on non-stop air service between China and Europe in February 2007, and expanded its air service offering by linking Hong Kong to Liege in September 2009. Besides international express services, TNT is developing its domestic Chinese operations, including a day-definite road service to 26 large cities.

About TNT
TNT provides businesses and consumers worldwide with an extensive range of services for their mail and express delivery needs. Headquartered in the Netherlands, TNT offers efficient network infrastructures in Europe and Asia and keeps optimising its global network performance. TNT serves more than 200 countries and employs about 160,000 people. Over 2009, TNT reported €10.4 billion in revenues and an operating income of €648 million. TNT is officially quoted on the Amsterdam Stock Exchange. TNT recognises its social responsibility and has formed partnerships with the United Nations World Food Programme and the United Nations Environment Programme to fight hunger and pollution in the world. Our efforts are being recognised: In 2009 TNT again reached the highest score of all companies included in the Dow Jones Sustainability Index. More information about TNT can be found on its website .

Page publication date: 5 July 2010 at 08:30 CET