Originally Posted by
WhaleWrangler
Why does eveyone think that K4's business plan is solely based around DHL?? Yes it's a nice chunk of change but not the whole picture. We have other long term contracts in Asia and now for THY. Throw in the military charters etc., we do just fine with or without DHL. We have even turned down contracts due to lack of pilots, not because they are leaving, because the school house can only supply X per month.
It's no suprise that DHL is handing some routes to K4, we have a contract and in their eyes stability. At-less / Southern et al without contracts and on going issues pose a thorn in the side of DHL. Now is K4 offering or being paid less per flight I am not privy to that but I suspect with the vast number of our aircraft paid for and a lower debt load than others because we don't have to support shareholders and loans K4 can offer better rates.
This was all to evident in '08 / '09 when the downturn happened. Yes we furloughed but in reality we shouldn't have, At-Less were offering 400's at 200 prices just to have cash flow and make payments, K4 didn't have to make a single loan payment and parking a few birds cost nadda to Connie.
Who thinks that? Every ACMI carrier hauling DHL also has outside business...K4 did not dream up that brain child!