UPS is not an airline in terms of red ink. They have a Part 121 airline and we talk about it on a forum called APC- but it's a bit bigger than that when it's time to talk turkey- UPS First Quarter 2009 Earnings Webcast Thursday, April 23, 2009 8:30 AM ET.

The airline may still bring a huge percent of UPS profit. Total profit may be down. The airline may not bring in enough to be a golden goose w/ an un-attacked contract. We may use too much lift on less profitable types of cargo- still might not make them happy.

Spreading the pain is not a good idea without a better context. Giving 1/6th the amount of stock payout dividend as the amount of UPS stock bought back last year says more than "hey, give us 54 million or we take 300 pilot jobs".

'Tcha. Settle the grievances, stick to the contract. Try that for a while, as in until 2012. OR- Soon it'll be hey, we gave up 10% in management so you guys give up 29% of your contract.... Why even think of snap-back?


Not sure about the big finish there 300ER- "Let's HOPE for the best for OUR 300." (my emphasis). This is a test, you don't HOPE you do well.