PRESS RELEASE
ABX AIR HOLDS ANNUAL SHAREHOLDERS
MEETING
Shareholders Vote in Favor of Proposed Resolutions
WILMINGTON, Ohio - May 9, 2006 - Shareholders of ABX Air (NASDAQ:ABXA) re-elected two directors, approved a proposal to increase the maximum size of the Board of Directors, and ratified the appointment of auditors at their annual meeting here today.
Directors re-elected to three-year terms
on the ABX Air board were
Jeffrey J. Vorholt and
Joseph
C. Hete. Vorholt has served on the board since January 2004
and is Chairman of the Audit Committee. Hete has also served as
the President & Chief Executive Officer since ABX Air became
publicly traded in August 2003.
At the meeting, Joe Hete reviewed the Corporation's financial results for 2005 and the first quarter of 2006. His presentation has been posted on the investor relations section of ABX Air's website.
Click the image above to view the shareholder
presentation
ABX Air is a cargo airline with a fleet of 112 in-service aircraft that
operates out of Wilmington, Ohio, and 18 hubs throughout the United
States. ABX became an independent public company effective August 2003, as
a result of the separation from its former parent company, Airborne, Inc.,
which was acquired by DHL Worldwide Express, B.V. In addition to providing
airlift capacity and sort center staffing to DHL, ABX Air provides charter
and maintenance services to a diverse group of customers. ABX Air is the
largest employer in a several county area in southwestern Ohio.
Contact:
ABX Air, Inc.
Quint Turner, 937-382-5591
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