started · updated
DHL Group expands aviation network and reports strong Express margins
DHL Group is expanding its logistics capabilities and reporting robust performance within its Express division. The company has launched a new weekly aviation lane via a DHL Express B767/F freighter, establishing the first direct flight between Bahrain and South Africa. This new route is intended to strengthen connectivity between the Middle East and Sub-Saharan Africa, supporting growing trade flows in sectors such as healthcare, technology, and e-commerce.
In financial developments, DHL Express executives recently met with capital market representatives in London to discuss improved margin outlooks and strong third-quarter operational performance. While analysts have noted the dynamic nature of the Express business, market reactions remain mixed. Jefferies maintained a ‘Hold’ rating with a price target of 59 euros, citing margin progress, while Warburg Research also issued a ‘Hold’ rating with a 50 euro target, suggesting that current valuations may already reflect the division's positive momentum.