Originally Posted by
L'il J.Seinfeld
UPS has a 90 day furlough notice. The recession will turn around by 3rd quarter of 2009. UPS won't furlough after July 1st. Thus any furlough announcement will come prior to April 2d 2009. We won't do it before FDX either. FWIW.
If UPS won't furlough before FDX then you boys should feel pretty safe. We have too many junior pilots in senior seats and will need a major realignment before anything can happen. That means an excess bid and then required training...nothing here happens that fast (other than our guaranteed deliveries...plug). Hopefully we will all slide through this downturn with a little pain but everyone's job intact.