ABX Air, Inc. Reports Second Quarter Financial Results.

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ABX Air, Inc. Reports Second Quarter Financial Results.

Continues to Achieve Strong Business Momentum in its Global Air Charter Business; Expands its Fleet of Boeing 767 Freighters

WILMINGTON, Ohio -- ABX Air, Inc. (NASDAQ:ABXA) today reported solid financial results compared with the second quarter of 2006, as pre-tax earnings from its rapidly growing, higher-margin air charter business more than offset reductions in pre-tax earnings from its commercial agreements with DHL.

For the second quarter, ABX Air's results included:

* $4.5 million, or $0.08 per diluted share, in net earnings, which included $2.8 million in deferred (non-cash) income tax expense. That compares with $6.5 million, ...

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