Originally Posted by Night Eagle

According to the letter from the IPA's BT UPS and IPA will be meeting no sooner than Wednesday February 3rd. It says UPS might offer the same retirement as the FQM's.

If the meeting goes bad the furlough / displacement bid would follow I assume since current bid closes Feb 5th. May 4th would be the 90 day notice day for the first furloughees. Let's hope it doesn't go that way. (My calculations this was not in the letter from IPA) The 747-400 should be AQP by March so a much quicker turn in the schoolhouse.

Would be interesting if UPS says no to MOU II offers the same early retirement they did to the FQM's. I wonder if any IPA'ers would accept that offer then UPS could furlough less than 300. Of course if no pilots take it well it makes the IPA'ers look selfish to the bottom 300 (the old divide and conquer mngmt 101)

Originally Posted by Luckydawg

Where do you get that they turned down the savings for 10-02? Many people right now are preparing for RDG,s, etc. If the whole MOU is turned down then, 10-02 falls down with it.

The MOU could fail but there are many things lining up in our favor.

Aside from the most ominous thing (new hire class, they said this was the last airline we would ever work for), there are way too many variables for this thing to fail.

- $244 million in savings on the table, tough to walk away from
- 150 retirements in 3 years
- MOU provides flexibility in a questionable environment
- Flying out of Asia/Middle East way up
- UPS 4th quarter earnings up from $.58 to .65 per share to .73 to .75 per
- Wall street acted favorably to MOU 1
- Possible FAR changes in the near term
- More labor friendly political environment
- Training costs.... this really does exist

I don't think they will furlough.