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AIRBORNE: 4TH QUARTER RESULTS

USA, Cargo carrier Airborne reported fourth quarter and year-end 2000 results were in line with reduced expectations. The company said that fourth quarter results were affected by slow growth in core domestic shipments, the rising costs of jet fuel and weather related expenses. The company lost $11.9 million in the fourth quarter ended December 31, 2000 compared to earnings of $17.3 million, in the...

AVIONEWS - World Aeronautical Press Agency - 7974
Rome, Italy, 02/09/2001 17:00
AVIONEWS - World Aeronautical Press Agency

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