Airline Pilot Forums

Airline Pilot Forums was designed to be a community where working airline pilots can share ideas and information about the aviation field. In the forum you will find information about major and regional airline carriers, career training, interview and job seeker help, finance, and living the airline pilot lifestyle.




View Full Version : FDX liquidates 76 slots to AMZ


midnightshuttle
12-19-2018, 02:24 PM
In addition to the 20 American Jets looks like we are picking up FDX 76 deliveries.

Amazon grows but my pay and benies stay the same. Wonder how those guys feel that went purple especially after todays financial news


BoilerUP
12-19-2018, 02:33 PM
What’s the source of that?

brownie
12-19-2018, 03:24 PM
Fake news from another Air Bezo employee...


JackStraw
12-19-2018, 04:54 PM
In addition to the 20 American Jets looks like we are picking up FDX 76 deliveries.

Amazon grows but my pay and benies stay the same. Wonder how those guys feel that went purple especially after todays financial news

They probably feel pretty good with a pension and a pay scale that encompasses yours within the 2nd year.

MentalMidget
12-20-2018, 05:05 AM
They probably feel pretty good with a pension and a pay scale that encompasses yours within the 2nd year.




Have to totally agree with this statement. ATI's ALPA union leadership is very weak, and most of the membership are spineless.

Cujo665
12-20-2018, 07:15 AM
In addition to the 20 American Jets looks like we are picking up FDX 76 deliveries.

Amazon grows but my pay and benies stay the same. Wonder how those guys feel that went purple especially after todays financial news

They just increased their 767 order less than 5 months ago....

They put a big order in back in 2015, and added 6 more around July of this year, along with six 777.

Tango Uniform
12-20-2018, 07:30 AM
I'd think UPS would pick up open FDX 767 slots before anybody. I have to agree that its Fake News.

midnightshuttle
12-20-2018, 10:39 AM
As to my sources

Two, both different depts, one works hq in Wilmington other ac acceptance/conformal insp.

Didnt belive it, but with FedEx bleeding it makes sense. 10 slots to amazon probably put them in the black for 3q. Plus they really dont do much amazon so its not competition. I doubt brown would let go of airplanes though they’re in a much different position.

BoilerUP
12-20-2018, 10:45 AM
So are your sources saying Amazon is going to purchase these factory-new airframes, then lease them to ATSG?

FDX had operating income of $1.17B and net income of $935M in Q2'FY19 so I'd hardly say they are 'bleeding'...

abxflyr
12-20-2018, 12:57 PM
As to my sources

Two, both different depts, one works hq in Wilmington other ac acceptance/conformal insp.

Didnt belive it, but with FedEx bleeding it makes sense. 10 slots to amazon probably put them in the black for 3q. Plus they really dont do much amazon so its not competition. I doubt brown would let go of airplanes though they’re in a much different position.

I doubt any of this is true....something significant would have to occur. ATSG has "NEVER" purchased anything factory new. If you've ever heard a investor call they have made it very clear what their market place is.

It would take another entity to purchase equipment and contract (CMI) ATSG and its' carrier airline(s) to do work for them. Is this possible? Of course so....but not a likely scenario. For now, I'm filing this one under the Christmas Tree, next to Cupid and across from the Sandman.

wjcandee
12-20-2018, 02:56 PM
On the one hand, FedEx is trying to reduce what they might view as unnecessary expenditures. So that militates in favor of the rumour being true.

However, FedEx is going gangbusters in the US; it's the international business that's the problem. The 767s are designed to replace existing domestic aircraft. They do do some South America runs and others, but they are primarily in the US. Which is growing. And the new aircraft increase reliability and lower maintenance expense and in some cases fuel expense. So they are are an expenditure that, well not strictly -speaking utterly necessary, do have positive and quantifiable benefits for the operation. So all that militates against the rumor being true. Also, as pointed out, there would seem to be some potential candidates for those aircraft that would pay more for them then would Amazon.

Reactivity
12-20-2018, 05:09 PM
It would take another entity to purchase equipment and contract (CMI) ATSG and its' carrier airline(s) to do work for them. Is this possible? Of course so....but not a likely scenario.

It doesn't really fit into Amazon's penny-pinching style, but the word a few years ago when this all started was that Amazon had been talking to Boeing about buying new 767Fs, so it's not an entirely baseless rumor.

JackStraw
12-20-2018, 05:58 PM
It doesn't really fit into Amazon's penny-pinching style, but the word a few years ago when this all started was that Amazon had been talking to Boeing about buying new 767Fs, so it's not an entirely baseless rumor.

I highlighted the baseless rumor.

Precontact
12-20-2018, 07:41 PM
I'd think UPS would pick up open FDX 767 slots before anybody. I have to agree that its Fake News.
https://leehamnews.com/2018/04/25/boeing-to-hike-767f-production-may-be-only-first-of-several/
Boeing to hike 767F production; may be only first of several
April 25, 2018, © Leeham News: Buried deep within Boeing’s first quarter earnings report is a single, seemingly innocuous sentence:

“Reflecting the strength of the cargo market, we now plan to increase the production rate on the 767 program from 2.5 to 3 per month beginning in 2020.”

There is more to this than meets the eye. It portends potentially big orders and this rate increase may be only the first to come.

UPS, Amazon

The announced rate increase comes right on schedule to market information received by LNC months ago: that the 767 production rate would be increased to 3/mo in January 2020.

Boeing alerted the supply chain to study increases to this and more: to 3/mo in January 2020, 3/5/mo in July and 4/mo in January 2021.

The rate would come down to 3/mo in January 2025 and 2/mo in July, supply chains sources told LNC.

FedEx currently has 56 767Fs on order, UPS four and Unidentified three. But UPS is looking at an order for the Airbus A330-900F, an as-yet unlaunched version of the A330neo, and market intelligence tells LNC the cargo carrier has rights of first refusal for 767Fs should Boeing up production.

Amazon Prime cargo has long been rumored in the market and press reports to be interested in a large order for the 767F. It currently leases 767s from Atlas Air and Air Transport Services Group.

Reactivity
12-20-2018, 10:06 PM
I highlighted the baseless rumor.

Hey, thanks.

Puget Sound Business Journal reported the rumor at the time, so I'd have to say that as rumors go, it wasn't entirely baseless.

BoilerUP
12-21-2018, 04:10 AM
There’s been a lot of speculation and rumor about massive AMZN new aircraft purchases...but none of it has ever really made any sense for anybody really paying attention.

Noworkallplay
12-21-2018, 06:33 AM
They just increased their 767 order less than 5 months ago....

They put a big order in back in 2015, and added 6 more around July of this year, along with six 777.

They added 12 more 767 and 12 more 777 to the current firm orders. So Purple now has 124 firm ordered 767 and 55 777. They have taken delivery of 69 767 and 34 777. They also have options for 25 additional 767 and 25 777.

dynap09
12-21-2018, 08:52 AM
Put me down in the skeptic category as well. Amazon is a penny pincher in most cases. What's the advantage to them to buying new planes compared to current approach. 76 is a crazy number as well. I don't see it.

Moosefire
12-21-2018, 09:57 AM
I’m gonna go with wishful thinking by the OP. If FX needs to reduce domestic capacity it will be done by parking MD10s/Airbuses.

atpcliff
12-21-2018, 03:16 PM
If Amazon is buying the aircraft, it may be for themselves. They are currently doing a light renovation to the Comair Corporate HQ complex in CVG so they can move into that space.

JackStraw
12-21-2018, 04:05 PM
If Amazon is buying the aircraft, it may be for themselves. They are currently doing a light renovation to the Comair Corporate HQ complex in CVG so they can move into that space.

Amazon owns a lot of delivery equipment which they lease out to multiple companies. 100% of it is leased out. They aren’t interested in their own delivery company.

Namaste

midnightshuttle
12-21-2018, 09:34 PM
Amazon owns a lot of delivery equipment which they lease out to multiple companies. 100% of it is leased out. They aren’t interested in their own delivery company.

Namaste

Ya think they will give up the space they have in Wilmington where they control ATI like a puppet?

G550Guy
12-22-2018, 11:38 PM
As to my sources



Two, both different depts, one works hq in Wilmington other ac acceptance/conformal insp. .


English Translation:

-Van Driver at the Holiday Inn (ONT)

-Contract Mechanic (CLT)



Sent from my iPhone using Tapatalk

midnightshuttle
12-26-2018, 11:48 AM
English Translation:

-Van Driver at the Holiday Inn (ONT)

-Contract Mechanic (CLT)



Sent from my iPhone using Tapatalk

Its common knowledge that some of out upper management moonlights as hotel drivers....good point

Actually CNN meantioned Amazons growing fleet as well. Search that

Moosefire
12-26-2018, 07:39 PM
Its common knowledge that some of out upper management moonlights as hotel drivers....good point

Actually CNN meantioned Amazons growing fleet as well. Search that

CNN cited amazon taking delivery slots from FX?

PA31
12-29-2018, 10:04 AM
In addition to the 20 American Jets looks like we are picking up FDX 76 deliveries.

Amazon grows but my pay and benies stay the same. Wonder how those guys feel that went purple especially after todays financial news

I sleep pretty well at night 2 years into FDX.