Its a contract, not a buyout or merger, so I dont really see how it would be subject to anti trust laws, but I'm not a lawyer either.
I would imagine that since the UPS and DHL people have announced this, I'm sure they did their legal homework and figure its got about 99.9% chance of going through.
On another note, contracts end and thats when the sh!t hits the fan. If the DHL contract is finalized (extremely likely) there will come a time that it will be awarded to someone other than UPS, then bad stuff happens with UPS pilots.
Although it may be good in the short term for UPS pilots, in the long run it will cause the same pain that it is now causing the ABX and Astar pilots.
These contracts dont last forever..........
We are all in the same boat in the end fellas. Something to consider.
What is happening to the cargo industry as a whole is not good either. Revenues are down, fuel prices are at record highs, and business is off. They are still making money hand over fist, but profits are down. Not the end of the world by any means, and thing will get better, but there will be some pain involved for everyone, thats for sure.
Last edited by viktorbravo; 07-23-2008 at 09:22 AM.