Originally Posted by
opt0712
… Network 2.0 will involve more trucking via Ground/Freight/LTL at the expense of reduced flight hours. Further, an overhaul of which aircraft we fly to certain destinations will be evaluated…But by no means is the sky falling here.
The union Scheduling Improvement Group called this peak, “the least peaky Peak ever.” That isn’t good.
The 2Q earnings call scheduled for December 20th may give us more information on what’s to become of our flying. UPS beat earnings and didn’t scream the doom and gloom like FedEx leadership. We know management has mentioned more cuts to come after peak.