CNBC is calling this a "big earnings miss"
https://www.cnbc.com/2024/09/19/fede...-services.html
From webcast:
Raj:
"Focus on maximizing efficiencies"
Europe - optimizing and obtaining efficiencies
"Nimble AI platform" will be used to streamline operations
Brie:
Pictures of front doors when a package is delivered (** Amazon has done this for ??? years???)
John:
"500M in headwinds" from loss of USPS contract.
Q/A Session
"Taking down daytime flying" due to loss of USPS
B2B volumes much weaker than expected
Plan to "match aircraft size to demand profile"
Europe is top priority for executive team