Good Bye Amazon
#81
Line Holder
Joined APC: Apr 2022
Posts: 77
While I can't really speak for Hawaiian I always assumed them getting into Amazon was more a result of covid killing their passenger business but bolstering cargo. They looked at it as an easy opportuinty and perhaps give a bit of hope during an otherwise desperate time for the airline. Especially with their easy access to the islands that Atlas/ATSG don't have. Now, whether or not this deal is working well for them or not I can't say. But if it really was done as an act of near-desperation during COVID they might be lamenting it as much as Atlas.
#82
As zerozero mentioned "Amen and Adios!"
Losing $ was based on opportunities of higher profitability margins. Agree, always better to be in the Black bottom line having profit and this will be good for both parties ATSG/ABX/Atlas. Focusing on your core competency is relevant and seeking out higher value areas is key to greater success, growth and opportunities when they arise. Future forecasts for the large cargo assets deficit is large/increasing and many will capitalize on this if positioned correctly as timing is everything. E-Commerce isn't decreasing and this high demand low asset environment will bode well for large cargo environment. Even purple has been working thru their strategy and morphing closer to the ACMI core values. Economy strength is the predominant driver no doubt, but world wide impacts drive consumer appetite as well as seen these previous years. Many pax carriers strapped cargo amongst themselves to alleviate impact. While these economic stress factors are periodic, cargo has been very lucrative and maintaining the correct crew force is paramount - Cargo operators in multiple situations - some over hired hence downsizing/stopped hiring/parking aircraft (perfect timing for some to park aging hulls), others hiring for new contracts and Atlas is transforming back to its original focus. If you have the resources would you buy significantly higher profit stock (normally higher risk) or lower yielding stock options with consistent payback = all depends on your current situation and acceptable outcomes. Large cargo is currently a high demand low asset arena and that alone is a phenomenal opportunity. Hopefully we can position ourselves accordingly.
Did I mention what zerozero said "Amen and Adios!"
Losing $ was based on opportunities of higher profitability margins. Agree, always better to be in the Black bottom line having profit and this will be good for both parties ATSG/ABX/Atlas. Focusing on your core competency is relevant and seeking out higher value areas is key to greater success, growth and opportunities when they arise. Future forecasts for the large cargo assets deficit is large/increasing and many will capitalize on this if positioned correctly as timing is everything. E-Commerce isn't decreasing and this high demand low asset environment will bode well for large cargo environment. Even purple has been working thru their strategy and morphing closer to the ACMI core values. Economy strength is the predominant driver no doubt, but world wide impacts drive consumer appetite as well as seen these previous years. Many pax carriers strapped cargo amongst themselves to alleviate impact. While these economic stress factors are periodic, cargo has been very lucrative and maintaining the correct crew force is paramount - Cargo operators in multiple situations - some over hired hence downsizing/stopped hiring/parking aircraft (perfect timing for some to park aging hulls), others hiring for new contracts and Atlas is transforming back to its original focus. If you have the resources would you buy significantly higher profit stock (normally higher risk) or lower yielding stock options with consistent payback = all depends on your current situation and acceptable outcomes. Large cargo is currently a high demand low asset arena and that alone is a phenomenal opportunity. Hopefully we can position ourselves accordingly.
Did I mention what zerozero said "Amen and Adios!"
#83
Gets Weekends Off
Joined APC: Sep 2014
Posts: 726
It's refreshing to finally not have to suffer through the typical "he said/she said" of corporate/union information.
Unfortunately we're still left to filter out mixed messages in the media.
#84
Gets Weekends Off
Joined APC: Mar 2022
Position: Part time employee
Posts: 205
https://www.cnn.com/2024/06/11/busin...ims/index.html
#85
Gets Weekends Off
Joined APC: Sep 2014
Posts: 726
I see that 15,000 contract delivery drivers are suing Amazon as they don't feel they were compensated correctly. Seems as it may be a trend.
https://www.cnn.com/2024/06/11/busin...ims/index.html
https://www.cnn.com/2024/06/11/busin...ims/index.html
https://time.com/6978643/amazon-work...food-and-rent/
Adios Amazon.
#86
New Hire
Joined APC: Jun 2024
Position: FNG Atlas
Posts: 3
I know mist folk in the 767 class that were on the brink of finishing their type rating and their training got cancalled just days beofre they mamaned to finish and for one guy literally hours before his type ride. All sent home, awaiting the standing bids to show a course date for a new type. Just when you get to the end of your 3/4 months in MIA and then its literally for nothing to then say to your family, "sorry I have to go away again for another 3/4 months and do it all again". Sad times. as has been quoted before, timing in this industry is everything.
#87
I know mist folk in the 767 class that were on the brink of finishing their type rating and their training got cancalled just days beofre they mamaned to finish and for one guy literally hours before his type ride. All sent home, awaiting the standing bids to show a course date for a new type. Just when you get to the end of your 3/4 months in MIA and then its literally for nothing to then say to your family, "sorry I have to go away again for another 3/4 months and do it all again". Sad times. as has been quoted before, timing in this industry is everything.
Are they at least keeping folks on payroll while they look to displace them? Point taken on the 3-4 months just to do 3-4 months again. Silver lining maybe that you’ll be on 2nd year pay after you finish OE and the 777 and 747 aren’t going anywhere with Atlas.
My condolences to everyone affected.
#88
Gets Weekends Off
Joined APC: Nov 2022
Posts: 180
Man I would be really bummed about having my type ride cancelled hours out. Yeah, got it, dude or dudette is highly unlikely to use it and would probably need the long course if they ever found themselves on the 767 doing pax stuff, but that’s a kick in the crotch if I ever heard of one.
Are they at least keeping folks on payroll while they look to displace them? Point taken on the 3-4 months just to do 3-4 months again. Silver lining maybe that you’ll be on 2nd year pay after you finish OE and the 777 and 747 aren’t going anywhere with Atlas.
My condolences to everyone affected.
Are they at least keeping folks on payroll while they look to displace them? Point taken on the 3-4 months just to do 3-4 months again. Silver lining maybe that you’ll be on 2nd year pay after you finish OE and the 777 and 747 aren’t going anywhere with Atlas.
My condolences to everyone affected.
#89
Are they at least keeping folks on payroll while they look to displace them? Point taken on the 3-4 months just to do 3-4 months again. Silver lining maybe that you’ll be on 2nd year pay after you finish OE and the 777 and 747 aren’t going anywhere with Atlas.
My condolences to everyone affected.
My condolences to everyone affected.
Having to return to MIA for another 2 1/2 months will be rough (4 Month training footprint is a thing of the past, and no need for a second Indoc or AOC, so that shaves off 2 weeks). At least affected get a few weeks home between courses. If the LOA passes we will be permitted Gateway home for 72+ hour breaks. I reckon the training department will prioritize speed and efficiency to avoid any lengthy and expensive delays.
#90
New Hire
Joined APC: Jun 2024
Position: FNG Atlas
Posts: 3
Are they at least keeping folks on payroll while they look to displace them? Point taken on the 3-4 months just to do 3-4 months again. Silver lining maybe that you’ll be on 2nd year pay after you finish OE and the 777 and 747 aren’t going anywhere with Atlas.
My condolences to everyone affected.
My condolences to everyone affected.
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