AStar/DHL Airways DOT final decision...

[AV8OR]

Just for those interested in the AStar citizenship case or if you fly for an ACMI carrier who recieves greater than 50% of your revenue from a foreign source.......here is the final ruling by the DOT.

Should be interesting to see if this is followed by a challenge in Federal Court or a DOT challenge against ABX Air or both. Either way this clears a little smoke from the room. Also, it'll be interesting to see what now, if anything will happen regarding growth of AStar. If you're looking to get on board.......stay tuned.

Here's the link....

http://dmses.dot.gov/docimages/pdf89/280816_web.pdf

happy reading.

 

[wingnutt]

the short version...

Judge Kolko therefore concluded that ASTAR is controlled by U.S. citizens and so is
complying with the statutory citizenship requirements.

 

[2LT]

From another post...

DHL INTEGRATION PLANS


As a result of their merger, DHL and Airborne are in the process of integrating their combined product offerings, sales, marketing, administrative and operating resources. After August 15, 2004, Airborne may terminate specific ACMI aircraft,add to, delete or modify the air routes we operate under the ACMI agreement and add to, delete or modify services we provide under the Hub Services agreement. DHL has informed ABX that, in an effort to eliminate duplicate costs, it is developing plans to better integrate its U.S. operations (both air and ground).We anticipate that plans will be finalized later this year for implementation during late 2005 and early 2006 that will call for a reduction in the number of aircraft provided to Airborne by ABX under the ACMI agreement. At this time, it is uncertain to us how many ABX aircraft will eventually be removed from serviceand the timing of the reductions. Additionally, DHL is developing integration plans that would consolidate the operations of the Wilmington hub, which weoperate, and the Northern Kentucky hub, which it operates. While the financial impact of any changes in ACMI or hub services that we provide will vary with the integration plans ultimately adopted by DHL, we currently expect that, when implemented, the integration plans will significantly affect our operations and may materially reduce our net earnings.


Pursuant to the terms of the ACMI agreement, we have certain rights to sell to Airborne the aircraft that are removed from service. We anticipate that the approximate number of aircraft to be removed from service and a final decision regarding the consolidation of the hub operations will be disclosed by DHL bythe end 2004.