Originally Posted by
schloppy1
Parking 56 Md-11’s in short order, or at least prior to delivery of the remaining 777/767, implies a serious loss in demand for our service. If that were the case, the contagion would have spread to UPS/DHL. UPS has certainly slowed but isn’t talking about parking 1/3 of its widebody fleet. If we’re parking that many aircraft, we should all be seeking entertainment elsewhere. These are stupid reindeer games that must be played before we get a contract. Don’t give in to the fear. Or do give into the fear and go to one of the many places that are hiring. Just don’t accept less than you’re worth because you think you’re saving your job. If they need us, they’ll keep us. If they don’t, they’ll furlough you without batting an eye. There is no purple promise, no PSP, just business. Stand strong.
I don’t think anyone is suggesting parking the entire fleet this year. That is impossible.
On the last 10-Q filed, FedEx had 29 767s and 6 777s to be delivered over three years. The company isn’t growing that fast. Are they going to park new fuel efficient airplanes? Or the maintenance intensive, fuel inefficient and risky to operate airplanes? Unless FedEx tells Boeing they are deferring orders (and I’m not sure they can do that now) those airplanes are arriving and something is getting parked.
I don’t know what this has to do with contract negotiations. Prior to COVID, some MDs were temporarily parked and the MD’s international presence was gutted.
March 16th 4:30CT is the next earnings call. We might get more insight on the changes coming. If not, April 5th in NYC.