| Business Summary | | Airborne
Freight
Corporation
is
an
air
express
company
and
air
freight
forwarder
that
expedites
shipments
of
all
sizes
to
destinations
throughout
the
United
States
and
most
foreign
countries.
ABX
Air,
Inc.
the
Company's
principal
wholly
owned
subsidiary,
provides
domestic
express
cargo
service
and
cargo
service
to
Canada.
The
Company
is
the
sole
customer
of
ABX
for
this
service.
ABX
also
offers
limited
charter
service.
Airborne
Express
provides
door-to-door
express
delivery
of
small
packages
and
documents
throughout
the
United
States
and
to
and
from
most
foreign
countries.
The
Company
also
acts
as
an
international
and
domestic
freight
forwarder
for
shipments
of
any
size. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Airborne,
a
holding
company,
provides
door-to-door
express
delivery
of
small
packages
and
documents
throughout
the
U.S.
and
to
most
foreign
countries.
For
the
six
months
ended
6/30/01,
total
revenues
rose
1%
to
$1.64
billion.
Net
loss
before
accounting
change
totalled
$23.4
million
vs.
income
of
$31.7
million.
Revenues
reflect
growth
in
the
domestic
second
day
service
category.
Earnings
were
offset
by
increased
wage
and
compensation
expenses
and
the
higher
cost
of
jet
fuel. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Robert Cline, 63 Chairman,
CEO | $664K | -- | Carl Donaway, 49 Pres,
COO, Director | 477K | -- | Robert Brazier, 63 Vice
Chairman | 565K | $314K | Lanny Michael, 49 CFO,
Sr. VP | 257K | -- | David Billings, 55 Sr.
VP, CIO | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|