Companies like Amerijet business models live pay check to pay check as a company. Loss of revenue for a company of this size is not realistically sustainable for more than three weeks. Sub contracting is expensive. Current leases, business loans, insurance maintenance etc still have to be paid...
If DHL is paying for the gas and the sort then it would make since for DHL to bent about ABX throwing on extra pallets (outside business) on board while DHL is paying for the tab. On the other hand if ABX is flying outside freight beyond it's contract (paying for it's own sort, fuel etc paid by...
10 percent is huge given the amount of revenues that are being talked about.
I’m curious though, the 8 k mentions a total outside revenue of 10%. Is the total “Total” revenue of what flies through the ACMI and sort facilities that DHL is paying for?
It would be great if we could all come together as one. The new parent company however might be saying “such a deal”. CHI moves freight labor wise for half the pennies a pound compared to ABX
19.501 is especially interesting.
According to the securities and exchange filing ABX intends to keep everyone separate in holding companies. They are even spinning off ABX Air with ABX Air becoming a wholly-owned subsidiary of ABX Holdings. ABX Holdings will become the new public...
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