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FedEx Express is a major global freight carrier headquartered in Memphis, Tennessee, with its main hub at Memphis International Airport. The FedEx Group completed the acquisition of TNT Express NV on 25-May-2016, following a EUR4.4 billion share purchase agreement. The company has commenced an integration programme and expand its global freight network. Consequent to the merger, ASL Aviation Group acquired the airline operations of TNT Express, comprising TNT Airways and Pan Air Líneas Aéreas. ASL also entered a multi-year service agreement to operate services for FedEx. TNT Airways and Pan Air Líneas Aéreas were rebranded as ASL Airlines Belgium and ASL Airlines Spain respectively.

In Apr-2023, FedEx announced plans to consolidate its operating companies into one organisation, with the phased transition to be fully implemented in Jun-2024. FedEx Express, FedEx Ground, FedEx Services and other FedEx operating companies will become a single company operating a unified air-ground network under the FedEx brand.

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