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UPS Announces Expansion Plans In Philippines; Joint Venture, Air Rights Provide Vital Link In Asian Network

ATLANTA, Nov. 25 /PRNewswire/ -- UPS today confirmed plans to strengthen its operations in the Philippines by forming a joint venture with Delbros, Inc., one of that country's largest transportation companies and the UPS agent there since 1988. The move follows the recent awarding to UPS of new air rights allowing the company to operate six flights per week into Manila.

"We will be able to further enhance our service to UPS customers worldwide by increasing our presence in the Philippines," said Charles Adams, UPS regional vice president for the Asia Pacific Region.

UPS signed a Memorandum of Understanding (MOU) with Delbros during an APEC Ceremonial Signing Event in Manila, Nov. 23, witnessed by the U.S. Secretary of Commerce, Mickey Kantor. At the ceremony, UPS also announced it has been granted rights to operate its own aircraft into Manila. The new air rights were granted as a result of a bilateral aviation agreement between the Philippines and the United States.

"The new air rights are vital to UPS' intra-Asia network, linking the Philippines to our Asia-Pacific regional air hub in Taiwan, which will be fully operational by March 1997," said Adams.

In the past six months, UPS has taken several steps to increase its presence in the Asia Pacific region. Last month, UPS began to phase in operation of its Asia Pacific regional air hub in Taiwan, the core of the company's $400 million investment in its regional network.

In September, UPS landed its first aircraft at Japan's Kansai International Airport as a result of the 12 weekly frequencies granted it by the Japanese government. Also in Japan, UPS recently entered into an agreement with Nippon Cargo Airlines (NCA) to offer joint services to its customers.

Earlier this year, UPS began a joint venture in Beijing with Sinotrans Pekair, a subsidiary of the Sinotrans Group, China's leading transportation company. UPS expects to establish two more joint ventures in Guangzhou and Shanghai within the next few months.

UPS, the world's largest package distribution company, employs more than 335,000 people worldwide, and provides services to more than 200 countries and territories. UPS had revenues for 1995 of $21 billion on a volume of more than 3.1 billion packages.

SOURCE UPS
 -0- 11/25/96


/NOTE TO EDITORS: UPS Home Page: http://www.ups.com /

/CONTACT: Kristi Wolfgang of UPS Public Relations, 404-828-8090; Maria Gordon, 212-704-4503, or Catherine Dunsby, 212-704-8277, both of Edelman PR Worldwide/

CO: UPS ST: Georgia IN: TRN SU: JVN

LH-BS -- NYM106 -- 3747 11/25/96 12:33 EST http://www.prnewswire.com
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Date:Nov 25, 1996
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