FedEx sees 53% drop in Q1 profit

09/18/2009 | Air Transport World

FedEx Corp. beat internal expectations in its fiscal first quarter, reporting a 53% drop in net profit, to $181 million. CEO Frederick Smith said "decisive management actions" helped results, along with "better-than-expected FedEx International Priority volume." The company's FedEx Express segment saw operating income drop 70%.

View Full Article in:

Air Transport World

Published in Brief:

SmartBrief Job Listings for Transportation

Job Title Company Location
Station Manager
Airport Terminal Services
Columbus, OH
AOG Controller - Technical Operations
United Airlines
Chicago, IL
Financial Analyst
Frontier Airlines, Inc.
Denver, CO
Manager of MOC
Cape Air/Nantucket Airlines
Hyannis, MA
Airport Operations General Manager
Allegiant Travel Company
Mesa, AZ