Air Transport World

Airborne.(2nd-quarter earnings)(Brief Article)

Airborne credited increased domestic shipments and improved operating efficiencies for net income of $8.3 million for the second quarter, up from only $500,000 last year. Results in 2002 included nonrecurring restructuring charges of $2.3 million. Revenues climbed 1.9% to $827.1 million while operating expenses increased 1.5% to $814. …

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