UPS earned $1.04 billion in net income in the third quarter, an 8.9% rise over $953 million earned in the same period last year, on a 10.5% increase in revenues to $11.66 billion. International package revenues, a good measurement of UPS Airlines' services, grew 17% to $2.25 billion as international package volume climbed 19%. Separately, UPS reached a five-year deal last week with Italian Post to deliver its international express mail. The company also said it has established a team of ...

Subscribe to Access this Entire Article

"UPS profits rise nearly 9% as A380 order comes under review" 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.