Loss of USPS contract…
#51
Gets Weekends Off
Joined APC: Aug 2019
Posts: 1,066
STOP POSTING ON APC!!! You really think it makes a difference what people post? Ok, I say we settle for no less than $500/hr for new hires and $1,000/hr for Captains. Now the company KNOWS where I stand. So reasonable ideas are supposed to be ruled out? If you haven't figured out this forum is a joke and a site for the angriest of the few, then you need a reality check.
#52
Line Holder
Joined APC: Nov 2023
Position: MD-11
Posts: 83
NEVER is correct. Can't believe there are posts supporting it's death. Better go buy a Econ 301 book and educate yourselfs. We are looking at 170K minimum payout and you guys are happy with $130k???? Wow. No wonder your union has no unified support.
#53
The Pancake Man mentally weakened our crew to such an extent that we are ready to just give away our A Plan, to avoid the "headaches if its drag". Sounds like the Company with the USPS. Unbelievable. Weak. That would make us the first pilot group to ever do so, and the stupidest, by far.
We finally, Finally! got PM out, forget his plans of getting rid of our Pension.
We fight those who have minted $$$ off our backs and handsomely improved their Corporate pensions, not only to keep our A Plan, but to improve it.
We finally, Finally! got PM out, forget his plans of getting rid of our Pension.
We fight those who have minted $$$ off our backs and handsomely improved their Corporate pensions, not only to keep our A Plan, but to improve it.
#55
Line Holder
Joined APC: Aug 2018
Position: Sitting down, I get up and walk around so it just depends
Posts: 93
Company just saved $400M by getting rid of the USPS contract plus the extra capacity for Orange freight. Plus $5B stock buy back. Yeah I want a lot more than what pancake man was selling. A LOT MORE.
#56
Of course I already read them. The naïve comment about the USPS savings being enough to cover $70k in benefits for each pilot convinced me that we have very simple minded people in high places. As I said, revisit this on October 1st.
#57
an improvement for some, and then the company gets to keep all the money in that pot to include the money from no longer funding it. great idea, sport. lets save the company billions so the execs and investors can get another vacation home.
#58
CHILLAX
Joined APC: Dec 2023
Posts: 118
If anyone thinks UPS bid this contract at a rate to loose money, they truly do not know UPS management at all. Especially when we are dumping some routes due to not meeting profitability standards. A lot of this volume will move on existing 2DA flights, new ones added with existing assets (no new capital expenditures required), very little risk for UPS, unlike Fedex which basically created a sort window, added assets years ago to meet demand for the USPS, and now stuck with extra lift and assets.
UPS has always been ruthless when it comes to operating margins, just as focused today.
UPS has always been ruthless when it comes to operating margins, just as focused today.
#59
Gets Weekends Off
Joined APC: Dec 2021
Posts: 105
If anyone thinks UPS bid this contract at a rate to loose money, they truly do not know UPS management at all. Especially when we are dumping some routes due to not meeting profitability standards. A lot of this volume will move on existing 2DA flights, new ones added with existing assets (no new capital expenditures required), very little risk for UPS, unlike Fedex which basically created a sort window, added assets years ago to meet demand for the USPS, and now stuck with extra lift and assets.
UPS has always been ruthless when it comes to operating margins, just as focused today.
UPS has always been ruthless when it comes to operating margins, just as focused today.
I would hope that there’s a contingency plan in place before they let ~1.5 billion in yearly revenue get scooped up by a competitor, but I have so little faith in the “leadership” here these days. In fact, the radio silence from the C suite leads me to believe that they may have been completely caught off guard by whatever 11th hour developments occurred in their talks. Maybe there will be a leadership shakeup soon?!
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