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FedEx: net income surged 33% in the second quarter 2005

New York, USA - The US mail delivery company announced it

"Customer demand for our broad portfolio of transportation services, a disciplined pricing approach and strong productivity gains led to a sharp improvement in our operating margins. The group is also benefiting from solid economic growth in the US and Asian area, which we expect to continue in 2006. FedEx expects third quarter earnings to be USD 1.15 to 1.30", said Frederick W. Smith, Chairman, General...

AVIONEWS - World Aeronautical Press Agency - 133684

AVIONEWS - World Aeronautical Press Agency
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