Originally Posted by
Rocket Bob
It has felt like I’ve worked for a bankrupt airline for the full 20 years I’ve been here
Well said. This is what the profit looks like that makes UPS think yeah we need to furlough 109 pilots (2010-2014) to make sure we don't lose too much profit. And of course after stealing sick time donations from active pilots to help prevent the furlough.
UPS Annual Net Income (Approximate GAAP Profit) Year|
Net Income2008| $3.0B
2009| $2.2B
2010| $3.5B
2011| $3.8B
2012| $0.8B (pension charge year)
2013| $4.4B
2014| $3.0B
2015| $4.8B
2016| $3.4B
2017| $4.9B
2018| $4.8B
2019| $4.4B
2020| $1.3B (COVID/pension/tax impacts)
2021| $12.9B
2022| $11.5B
2023| $6.7B
2024| $5.8B
2025| $5.6B ChatGPT made the table.