ABX Air

From Wikipedia, the free encyclopedia
Jump to: navigation, search
ABX Air
ABX Air.svg
IATA
GB
ICAO
ABX
Callsign
A BEX
Founded 1980
Fleet size 35
Destinations 183
Parent company Air Transport Services Group, Inc.
Headquarters Airborne Airpark
Clinton County, Ohio
Key people Joe Hete (CEO), John Graber (President), Quint Turner (Chief Financial Officer)
Revenue Increase US$ 730.1 million (2011)[1]
Operating income Decrease US$ 62.6 million (2011)[1]
Net income Decrease US$ 23.2 million (2011)[1]
Total assets Increase US$ 993.7 million (2011)[1]
Total equity Decrease US$ 270.1 million (2011)[1]
Employees 2,010 (Dec 2011)[1]
Website abxair.com

ABX Air, Inc., formerly Airborne Express, is a cargo airline headquartered at Wilmington Air Park near the City of Wilmington, Ohio, USA.[2] ABX Air operates scheduled, ad hoc charter and ACMI (Aircraft, Crew, Maintenance and Insurance) freight services. It also provides flight support services and training. ABX Air is owned by Air Transport Services Group (NASDAQATSG).

ABX Air's main customer is DHL, and the vast majority of the freight it carries is for that company. Most of ABX Air's aircraft are painted with DHL's yellow and red livery.

ABX also does cargo flights on behalf of Air Jamaica between Miami and the two Jamaican cities of Montego Bay (Donald Sangster International Airport) and Kingston (Norman Manley International Airport). One of their Boeing 767-200s routinely handles the flights, replacing the Douglas DC-8 types that flew previously. The aircraft fly with an Air Jamaica callsign of "Jamaica".

History[edit]

An ABX Air Boeing 767-200 on short final to Miami International Airport in 2013.

The airline was established in 1980 when Airborne Freight acquired Midwest Air Charter. It started operations on 17 April 1980. Airborne Express, as the airline was initially named, was a wholly owned subsidiary of Airborne Freight of Seattle.[3] ABX became a public company on 16 August 2003 as part of the merger of DHL and Airborne, in which DHL kept Airborne's ground operations and spun off its air operations as ABX Air Inc. ABX Air's common shares were traded on the NASDAQ National Market under the ticker symbol ABXA. In early 2007, ABX Air entered an ACMI agreement with All Nippon Airways to begin flying freight within Asia. The contract utilized two Boeing 767-200SF aircraft.[4] In March 2007, the airline had 7,600 employees.[3]

On 2 November 2007, CEO Joe Hete and the ABX Air board of directors announced that the company had entered into an agreement to acquire Cargo Holdings International, the parent company of Air Transport International (ATI) and Capital Cargo International Airlines for a cost of $350 million. The transaction was finalized on 31 December 2007,[5] and ABX Air was reorganized as a subsidiary of a holding company, later named Air Transport Services Group (ATSG).[6]

On November 10, 2008, ABX Air's largest customer, DHL, announced a plan to exit the United States domestic market.[7] Previous plans by DHL had been to keep its U.S. operations by contracting them out to United Parcel Service.[7] On 30 March 2010, ABX Air's parent company, ATSG, entered into new long-term agreements with DHL, under which ABX Air would continue providing airlift for the U.S. portion of DHL’s international network.[8]

Fleet[edit]

As of December 2013, the ABX Air fleet consists of the following freighter aircraft:[9]

ABX Air Fleet
Aircraft In Fleet Notes
Boeing 767-200F 28 15 operating for DHL Express
Boeing 767-300F 7 2 operating for DHL Express

Incidents and Accidents[edit]

An ABX jet damaged by fire at SFO in 2008

On December 22, 1996, an Airborne Express DC-8-63F operating as Flight 827 conducted a test flight after undergoing modifications at Piedmont Triad International Airport. While performing a stall test the airplane entered into a real stall and the flight crew was unable to recover it before it crashed into mountainous terrain near Narrows, Virginia. All six occupants were killed.[10]

On June 29, 2008, a Boeing 767 parked at San Francisco International Airport was seriously damaged by fire as it was being prepared for flight.[11] An investigation by the NTSB revealed that a design fault was to blame for the fire, allowing a short circuit between electric wiring and an electrically conductive component of the oxygen system.[12][13]

References[edit]

  1. ^ a b c d e f "ABX Air, Form 10-K, Annual Report, Filing Date Mar 5, 2012". secdatabase.com. Retrieved Dec 29, 2012. 
  2. ^ "Zoning Map." City of Wilmington.
  3. ^ a b "Directory: World Airlines". Flight International. 2007-03-27. p. 45. 
  4. ^ "ABX Air Enters Into a Watershed ACMI Agreement With All Nippon Airways Co." (Press release). ABX Air, Inc. May 1, 2007. Archived from the original on June 14, 2013. 
  5. ^ "ABX Completes CHI Acquisition and Holding Company Formation" (Press release). ABX Air, Inc. December 31, 2007. Archived from the original on June 14, 2013. 
  6. ^ Air Transport Services Group, Inc
  7. ^ a b "ABX Air, Form 10-Q, Quarterly Report, Filing Date Nov 14, 2008". secdatabase.com. Retrieved Dec 29, 2012. 
  8. ^ Air Transport Services Group, Inc
  9. ^ "ABX Air fleet". ch-aviation.ch. Retrieved 2013-12-02. 
  10. ^ "Accident description". Aviation Safety Network. Retrieved 24 February 2010. 
  11. ^ Kaminski-Morrow, David (June 30, 2008). "PICTURE: Fire badly damages ABX 767F at San Francisco". London: Flightglobal. Archived from the original on June 14, 2013. 
  12. ^ Croft, John (June 30, 2009). "NTSB: FAA, ABX share blame for 767 fire". Washington DC: Flightglobal. Archived from the original on June 14, 2013. 
  13. ^ Hradecky, Simon. "Accident: ABX Air Cargo B762 at San Francisco on Jun 28th 2008, on fire while parked, no arson". Aviation Herald. Retrieved 24 February 2010. 

External links[edit]