• Eagle Express — once troubled parcels firm Connect UK
3rd November 1988, Page 14
3rd November 1988
Page 14
Page 14, 3rd November 1988
— • Eagle Express — once troubled parcels firm Connect UK
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— is set to go into the black late next year, says commercial director Gordon Kelly. Owner Eagle Trust has pumped £18 million into the company since buying it in April. New boss David Featherstone sacked the management team and moved the offices from Heathrow to Coventry to cut costs. Kelly says the old company would not have survived without the intervention from Eagle Trust, but admits it is "nowhere near break even". It is opening a new regional hub in Leeds, bringing its total to eight.