Exhibit 99.1
Shareholder Meeting
May 9, 2007
Connecting companies to customers.
Agenda
2006 Financials
1Q 2007 Financials
2007 Focus
Questions
2006 Financials
Connecting companies to customers.
Net Earnings Comparison
2006 vs 2005
Revenues
$1.46 Billion
2005
$1.26 Billion
2006
-14%
+1%
Excluding linehaul, ‘05 &’06
Earnings
Pre-tax
$30.3 Million
2005
$36.1 Million
2006
+19%
+32%
Revenues & Earnings
Pre-tax from DHL Agreements
Revenues
(incl. Reimbursable)
$1.43 Billion
2005
$1.21 Billion
2006
-15%
-0.4%
Excluding linehaul, ‘05 & ‘06
Earnings
Pre-tax
$21.3 Million
2005
$22.5 Million
2006
+6%
+22.5%
Revenues & Earnings
From other (products & service offerings)
Revenues
$34.1 Million
Charter
$13.9 Million
Other
$20.2 Million
2005
$48.5 Million
Charter
$24.4 Million
Other
$24.1 Million
2006
Earnings
Pre-tax
$6.5 Million
Charter
$1.1 Million
Other
$5.4M
2005
$8.4 Million
Charter
$3.7 Million
Other
$4.7M
2006
Other ABX Revenues –
Full Year (000’s) $50,000 $45,000 $40,000 $35,000 $30,000 $25,000 $20,000 $15,000 $10,000 $5,000 $0
2003 2004 2005 2006
Air Charters
ABX Cargo Services
Aircraft Parts & Services
Other
Financial Diversification 2006
Revenues
Non-DHL – 4%
DHL 96%
Pre-tax Earnings
Non-DHL – 23%
DHL 77%
Cash Flow*
Non-DHL – 20%
DHL 80%
*(Pre-tax Earnings+D&A)
1st Quarter 2007 Financials
1st Quarter 2007
Results (in thousands)
DHL Charters/Other Total
Base $272,305 $15,109 $287,414
Incremental 648 — 648
Total Revenues 272,953 15,109 288,062
Less Exp. -269,139 -13,007 -282,146
Plus Interest — 966 966
Earnings (pretax) $3,814 $3,068 $6,882
ACMI Hub Reimbursable
Base $116,087 $81,266 $74,952
Incremental 648 0
Total Revenues 116,735 81,266 74,952
Less Exp. -114,299 -79,888 -74,952
Earnings $2,436 $1,378 -
Net Earnings Comparison
1Q 2006 vs 1Q 2007
Revenues
$369.2 Million
1Q 2006
$288.1 Million
1Q 2007
-22%
-5%
Excluding linehaul ‘06
Earnings
Pre-tax
$8.1 Million
1Q 2006
$6.9 Million
1Q 2007
-15%
-1%
Net Earnings Comparison
1Q 2006 vs 1Q 2007
Pre-tax from DHL Agreements (in millions)
Revenues
$360.8 Million
1Q 2006
$273.0 Million
1Q 2007
-24%
-7.6%
Excluding linehaul ‘06
Earnings
Pre-tax
$5.3 Million
1Q 2006
$3.8 Millions
1Q 2007
-27%
-3.5%
Revenues & Earnings
1Q 2006 vs 1Q 2007
From other (products & service offerings)
Revenues
$8.4 Million
Charter
$3.9 Million
Other
$4.5 Million
1Q 2006
$15.1 Million
Charter
$7.0 Million
Other
$8.1 Million
1Q 2007
Earnings
Pre-tax
$1.5 Million
Charter
$0.2 Million
Other
$1.3M
1Q 2006
$2.1 Million
Charter
$1.0 Million
Other
$1.1M
1Q 2007
2007 Focus
Service Performance
Actual
Target
100% 95% 90% 85% 80%
Mar-06 May-06 Jul-06 Sep-06 Nov-06 Jan-07 Mar-07
Global Optimization B-767 Freighters
ABX “Global” in service schedule:
4Q 2006 4
1Q 2007 5
2Q 2007 8
3Q 2007 9
4Q 2007 12
2008 13 (?)
World’s largest operator of 767-200s (42)
Current B-767 Routes
Global Optimization
Based on Growth Potential
Asia’s Cargo Markets Will Continue to Lead Industry Growth…
Growth, percentage
Domestic China
Intra-Asia
Asia-North America
Europe-Asia
Europe-Southwest Asia
Latin America-North America
Latin America-Europe
Europe-North America
Europe-Africa
Intra-Europe
Europe-Middle East
North America
World average, 6.1%
0 2 4 6 8 10 12
Source: Boeing World Cargo Forecast 2006-2007
Pacific Operation
CHINA
Beijing
Dalian
Qingdao
Hong Kong
Xiamen
JAPAN
Osaka
Tokyo
THAILAND
Bangkok
Global Optimization
Based on Growth Potential
Asia’s Cargo Markets Will Continue to Lead Industry Growth…
Growth, percentage
Domestic China
Intra-Asia
Asia-North America
Europe-Asia
Europe-Southwest Asia
Latin America-North America
Latin America-Europe
Europe-North America
Europe-Africa
Intra-Europe
Europe–Middle East
North America
World average, 6.1%
0 2 4 6 8 10 12
Source: Boeing World Cargo Forecast 2006-2007
Wet-lease (ACMI) - two 767-SFs
Two year agreement
22 flights per week
Begins May 15
Cargo Services Locations (Existing)
UNITED STATES
Dallas
Memphis
Indianapolis
ABX Operated
Dallas, TX
Memphis, TN
Indianapolis, IN
Cargo Services Locations (Potential)
UNITED STATES
Denver
Omaha
Kansas City
Indianapolis
Memphis
Dallas
ABX Operated
Dallas, TX
Memphis, TN
Indianapolis, IN
Anticipated Facilities
Up for bid
Omaha,
Nebraska
Kansas City, Missouri
Denver, Colorado
Maintenance & Technical Services
Airframe maintenance checks
Line maintenance support
Component repairs
Flat panel upgrades
Our Mission
Remain DHL’s largest and highest quality service provider in the U.S.
Leverage core competencies for continued significant growth of third-party business.
Provide a safe workplace that can sustain excellent pay and benefits and long-term financial security for its people.
Increase shareholder value.
Thank you