FedEx Corp. reported a net income of $471 million for the fiscal second quarter ended Nov. 30, a 33% rise from the $354 million earned in the year-ago quarter that Chairman, President and CEO Frederick Smith attributed to "customer demand. . .a disciplined pricing approach [and] solid economic growth year-over-year in the US and Asian economies." Operating income totaled $790 million, a 32% jump over 2004. Revenues rose 10% to $8.09 billion against an 8% increase in expenses to $7.3 ...

Subscribe to Access this Entire Article

"Strong FedEx Express performance fuels FedEx profits" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.