He said the company would incur heavy costs reducing capacity and its work force.
But will companies incur the additional expense of live human beings to help close deals?
The company incurred charges of $2.3 million relating to the acquisitions.
The company incurred heavy losses due to low load factors and high cost of operation.
The company has incurred additional costs to deliver packages in the days since the storm, he said.
As a result, however, both companies incurred significant debt.
While in bankruptcy, the company has incurred cumulative losses of $1.3 billion through April 30, 1992.
The company also incurred high costs when it was ordered to comply with requirements of state and local health officials, he said.
Like a natural person, a company can incur legal duties and can hold rights.
"The company has incurred some costs in rolling out these new services," he said.