Company Watch - FedEx.For more global news, data, analysis and features, please go to: http://www.AirGuideOnline.com/professional.htm Sep 25, 2006 Civilian airlines receive airlift contracts. Several commercial airlines, including Continental Airlines and FedEx, have received military airlift contracts from the Air Force. The contracts are worth a total of $2.3 billion. Sep 19, 2006 FedEx International Priority revenue, a key component of Express operations, grew 17% in the quarter, including an 11% gain in per-package revenue "primarily due to fuel surcharges, an increase in package weights, a higher rate per pound and favorable exchange rates," FedEx said. Sep 22, 2006 FedEx President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Frederick Smith Frederick Smith may refer to:
FedEx reports fiscal first quarter jump in profit, revenues. FedEx Express FedEx Express, based in Memphis, Tennessee, USA, is the world's largest cargo airline. It is a subsidiary of the FedEx Corporation and delivers packages and freight to more than 220 countries each day[1]. , the airline unit of the global delivery giant, reported operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. of $467 million for its fiscal first quarter ended Aug. 31, widened from operating income of $285 million in the year-ago quarter, as revenues jumped 10% to $5.64 billion. Sep 22, 2006 FedEx's new labor contract with pilots was tentatively agreed to during the fiscal first quarter, means "up-front pilot compensation costs" will have a net impact on fiscal second-quarter and full-year earnings of 20 cents per diluted share, forcing it to lower its FY07 earnings guidance to $6.30-$6.45 per diluted share from $6.45-$6.80 previously. Sep 22, 2006 FedEx's operating margin Operating Margin A ratio used to measure a company's pricing strategy and operating efficiency. Calculated by: in the quarter was 8.3%, up from 5.6% in the year-ago period. "Operating income and margin during the quarter improved due to revenue growth, revenue management and effective cost cuts," the company said. Sep 22, 2006 Parent FedEx Corp. reported overall net income of $475 million for the period, up 40.1% over $339 million earned a year ago, on an 11% gain in revenue to $8.54 billion. Operating income was $784 million, an increase of 34.2% over $584 million in the year-ago quarter, as expenses grew 9% to $7.76 billion and operating margin rose 1.6 points to 9.2%. Sep 22, 2006 FedEx to test Northrop anti-missile system on 11 freighters. Over the next 18 months, FedEx will equip 11 MD-10 freighters with Northrop Grumman's Guardian directed infrared countermeasures This article is about missile counter measures. For IRCMonitor, see Wikipedia:IRCMonitor. Infrared countermeasures (IRCM) are devices designed to protect aircraft from infrared homing ("heat seeking") missiles by confusing the missiles' infrared technology. The Department of Homeland Security Noun 1. Department of Homeland Security - the federal department that administers all matters relating to homeland security Homeland Security executive department - a federal department in the executive branch of the government of the United States hopes to learn whether the technology is cost-effective for commercial airlines. DHS DHS Department of Homeland Security (USA) DHS Department of Human Services DHS Department of Health Services DHS Demographic and Health Surveys DHS Dirhams (Morocco national currency) has required that the system cost no more than $1 million per plane after 1,000 systems are installed. Sep 19, 2006 |
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