Atlas/Southern crews relative value.
12-13-2020, 10:17 AM
#11
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Originally Posted by zerozero
Did You Know?
For 2020, UPS is forecasting a total company revenue equal to $44,058 per each UPS employee.
.
For 2020, UPS is forecasting a total company revenue equal to $44,058 per each UPS employee.
.
So I don't see how they could be a going concern with a profit at that rate per employee, much less **revenue**.
12-13-2020, 10:56 AM
#12
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Originally Posted by BrazilBusDriver
Not trying to throw bricks here at the rest of the post, but I don't see how this particular figure can be correct. Even the lowest paid employees have to be making $25k-30k a year, plus some sort of benefits. Maybe 2/3rds that for some of the part time sort people, but they are union IIRC, so there's still some bennies getting paid (almost took a sort job in college but you had to pay a union initiation fee up front and I couldn't afford to go without pay for a week and half).
So I don't see how they could be a going concern with a profit at that rate per employee, much less **revenue**.
So I don't see how they could be a going concern with a profit at that rate per employee, much less **revenue**.
Atlas can afford an industry standard contract though. a better metric would be the revenue per block hour which has been over 10k all year for atlas. Any passenger airline would kill for numbers like that. When you look at an 8 hr flight where fuel is paid for you are talking 80k so whether the 3 pilots cost 1600 each or 2500 each isn’t going to move the needle much on profitability
12-13-2020, 11:14 AM
#13
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Originally Posted by kodiakallstar
not a big fan of the revenue per employee metric either as it doesn’t really tell the story. Atlas outsource basically all of its ground handling and maintenance so there’s a bunch of employees that would bring that number down considerably.
Atlas can afford an industry standard contract though. a better metric would be the revenue per block hour which has been over 10k all year for atlas. Any passenger airline would kill for numbers like that. When you look at an 8 hr flight where fuel is paid for you are talking 80k so whether the 3 pilots cost 1600 each or 2500 each isn’t going to move the needle much on profitability
Atlas can afford an industry standard contract though. a better metric would be the revenue per block hour which has been over 10k all year for atlas. Any passenger airline would kill for numbers like that. When you look at an 8 hr flight where fuel is paid for you are talking 80k so whether the 3 pilots cost 1600 each or 2500 each isn’t going to move the needle much on profitability
Did you know: Atlas/Southern and other ACMI arrangements, the customer pays the fuel?
All legacies, including FDX and UPS pay for their own fuel.
12-13-2020, 11:34 AM
#14
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Originally Posted by zerozero
Great point.
Did you know: Atlas/Southern and other ACMI arrangements, the customer pays the fuel?
All legacies, including FDX and UPS pay for their own fuel.
Did you know: Atlas/Southern and other ACMI arrangements, the customer pays the fuel?
All legacies, including FDX and UPS pay for their own fuel.
12-13-2020, 01:26 PM
#15
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Also,
Atlas is gonna make $3.1 billion this year
Amazon bought 1.3 million shares
They've got $729 million in cash
They're not giving the $406 million in tax payer CARES money back that was intended for payroll
The profit from the charter business is up over 1200%
Jet fuel is really cheap
I'm sure if it wasn't for those pesky pilots, they could probably make even more.
......sarcasm intended......
It'd be great if they can add a figure to the flight plan that said "Dollars you'll make the company for this flight" and put it right next to the Cost Index. Maybe that'll wake people up.
Atlas is gonna make $3.1 billion this year
Amazon bought 1.3 million shares
They've got $729 million in cash
They're not giving the $406 million in tax payer CARES money back that was intended for payroll
The profit from the charter business is up over 1200%
Jet fuel is really cheap
I'm sure if it wasn't for those pesky pilots, they could probably make even more.
......sarcasm intended......
It'd be great if they can add a figure to the flight plan that said "Dollars you'll make the company for this flight" and put it right next to the Cost Index. Maybe that'll wake people up.
12-13-2020, 05:50 PM
#16
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Originally Posted by zerozero
Did You Know?
For 2020, UPS is forecasting a total company revenue equal to $44,058 per each UPS employee.
For 2020, UPS is forecasting a total company revenue equal to $44,058 per each UPS employee.
UPS 2020 revenue estimate = $82.54 billion.
Divided by 481,000 total employees = $171,600/employee.
12-14-2020, 11:09 AM
#17
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Originally Posted by zerozero
CORRECTION:
UPS 2020 revenue estimate = $82.54 billion.
Divided by 481,000 total employees = $171,600/employee.
UPS 2020 revenue estimate = $82.54 billion.
Divided by 481,000 total employees = $171,600/employee.
This includes all the ground delivery drivers?
12-14-2020, 01:09 PM
#18
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Originally Posted by TransWorld
Makes a lot better sense.
This includes all the ground delivery drivers?
This includes all the ground delivery drivers?
12-15-2020, 05:09 AM
#19
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Originally Posted by TransWorld
Makes a lot better sense.
This includes all the ground delivery drivers?
This includes all the ground delivery drivers?
I recall some parts of the FedEx operation being contracted, so those "employees" may be excluded and drive their number up.
12-15-2020, 07:47 AM
#20
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Originally Posted by WhiteMorpheus
Should also include the part-time package tossers making $12/hr at 20hrs per week.
I recall some parts of the FedEx operation being contracted, so those "employees" may be excluded and drive their number up.
I recall some parts of the FedEx operation being contracted, so those "employees" may be excluded and drive their number up.
To some extent, my perception is UPS is different than FEDEX in terms of number of delivery persons to amount of packages delivered to different addresses. FEDEX may deliver a number of packages to one business address at a time, UPS delivers that same number of packages to separate individual residences, taking more delivery persons. I may be wrong, but that is my perception.
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