Flight crewmembers at ABX Air, Inc., ratified the tentative agreement reached between the company and the Local 1224. The tentative agreement was reached last week after nearly two years of negotiations with the Teamsters Local 1224 which represents the ABX Air pilots. The agreement covers the next three years and does not become amendable until August 1, 2006.

Terms of the agreement include a signing bonus and increases over the three-year term of the agreement, which lasts through July 31, 2006.

"We are pleased to have reached an agreement with union leadership that provides our flight crewmembers with a contract that is responsible, fair and consistent with our mission of providing value to Airborne customers and shareholders," said Joseph C. Hete, President and Chief Operating Officer of ABX Air. "We are pleased this agreement was ratified by the rank and file and believe it serves the best interests of everyone."

ABX Air, Inc. is the airline division of Airborne, Inc., managing the movement of over 6 million pounds of freight and 100 aircraft for Airborne Express customers. It is headquartered in Wilmington (OH), at its privately owned airport with on-site aircraft maintenance and package-sorting facilities.

FMI: www.airborne.com