ABX hiring
 

It ABX hiring just a dream now, either in KIX or ILN? With the 65 rule and everything else, should I just forget it for awhile?

Thanks in advance.

There are some of us on here that interviewed back in Oct, and still not have heard any word, so keep hoping.

Yup, I'm one of those that hasn't heard anything...NEVER puts all your eggs in one basket...I have a Feb. class at another good carrier unless something better comes along (and I'm no longer sure ABX is that something better).

Thanks for the info. When you guys interviewed did you have someone walk in your resume?

Go somewhere else. This pilot group will sell your sole for a buck in their pockets. Age 65 will only mean older pilots still picking up a ton of extra flying. Good for ya, work longer, die younger.

Here is a leading industry analysts report of what DP should do in the US.


Deutsche Post – Should It Exit the US Domestic Operations?
It would not be pretty if we were to tally up all of the costs associated with Deutsche Post’s US express expansion, starting at the point of the
March 2003 purchase of Airborne. That said, some perspective is warranted: since that acquisition, DHL Americas (which is bolstered by some
non-US operations) has lost more than €2bn at the operating level. And on top of this you can add Airborne.
Looking forward, we believe Deutsche Post management must reconsider its strategy to become a global express operator offering international
and domestic services in all the major markets under an integrated brand and service umbrella. Our analysis in this regard (see below) does not
reveal any surprises - under all but the most optimistic assumptions, going forward the near-term losses are not likely to be compensated by
longer-term gains.
Our previous forecast losses in the DHL Americas business were €600m for 2007, €512m in 2008 and €346m in 2009, with full-year breakeven
in 2012. We now no longer have faith in this scenario, and this set of forecasts now comprises our ‘blue sky’ scenario. Our assessment of
current market conditions, alongside management’s outlook for its US business, is sufficiently pessimistic that we are recasting our forecasts in
a more negative light. Accordingly, our new base case scenario assumes that:
1. DHL Americas never does better than lose €200m per year after the US domestic air and ground networks have been wound down (€200m
approximates to the level of losses in the DHL Americas operation before the Airborne acquisition).
2. A partnership agreement with a competitor can be struck (for example with FedEx, UPS or USPS) that will help prevent Deutsche Post
losing significant amounts of business indirectly (i.e. global contracts). Undoubtedly, DHL Americas’ competitors would be happy to take
the extra volume, but they would likely be less forthcoming in helping DHL Americas make an easy exit from its US domestic operations.
3. The cost of this restructuring will be roughly netted off by the planned disposal of at least €1bn of assets over the next two years from
across the group’s portfolio.
These assumptions underpin our new forecasts for the DHL Americas. The risk:reward trade-off is clear. If we assume that the chance of the
best and worst outturns coming out is equal, the obvious conclusion is to back out of domestic US express because of the asymmetric outturns
(half a chance of a €0.51/share profit, and half of a €3.53 loss). In other words, our blue sky scenario would have to be 7x ‘bluer’ to offer an
even risk:reward trade – and in our view this is not feasible.

Got a source for that one?

Bear Stearns

Bear Stearns is also heavily involved with FedEx. Read the disclaimers.

You read my mind roll! Midway through the article I was asking myself the same thing.

DP really has no choice but to stay in the US market, kind of like opening up a barber shop but only offering 1 type of haircut. If they are going to remain the largest freight forwarder in the world you have to provide service to the whole world! Their customers outside the US demand service to and from the US. So even if the US does not make money here it provides huge profits elsewhere. It really is the only reason DP came to the US in first place.

A buddy of mine has a Mar 08 training date with ABX. Don't know when he interviewed though.

Hey SamFoxPilot -

Noticed you are a SWA Poolie...congrats!

Just wondering what your SWA sources are saying regarding how the recent Age 65 legislation is going to affect hiring/progression at SWA?

Thanks for serving and good luck at SWA.

I have a lot of buddies flying over there --- great company!

The point of the article is that DHL is so screwed up in the US, they should contract out the delivery of US shipments to operators that have proven that they can do the job, UPS or FedEx.

And the point of this business is to provide your own service so you can control the product you are selling.Otherwise FDX could use UPS too it sure would cut alot of costs for them exp. aircraft, pilots, maint. etc.It is going to take time. FDX lost hundreds of millions when it first started its international expansion a few years ago I wonder if they where told to just pull the plug and forget it?

samfox, what A/C and base was he offered? Glad to hear some plans are being made.

SamFox--You may want to check with your buddy about his Mar 08 training date, no offers have been made for that time frame.

Mike V

do you have any better dates?
 

Vone;
is there something you would like to share with the class? :confused: of course march 2008 is a whole quarter away and anything could happen. any inside info or rumors are welcome on this forum. so please belly up to the bar and tell us what you've heard.:rolleyes:

Bear Stearns is also under investigation for insider trading and all kinds of nastiness. I believe their Pres. stepped down today. They are a bunch of hedge fund crooks.

Vone,

Are you sure there is no class in March 08? Maybe you didn't get the memo, or better yet, Bob forgot to call you. When will you managers get your act together?
Red

Red,

I didn't say there wouldn't be a class, just that no one was offered a training date in 2008 at the time of that posting. Age 60 rule and other issues had/have an affect on how to approach hiring, specifically for ILN. Right now the only openings are for KIX and we're working to fill them.

Mike V

That hardly describes DHL's operating philosophy. "Independent contractor" drivers, pilots, maintenance, rampers, loaders, and God-knows what else. Other than a few gals who work in the office, does anybody know anybody who actually works for DHL?If they had lost money on those operations for 20-plus years in a row without making significant inroads to larger or more profitable markets, then yes, somebody (probably their stockholders or a financial advisor like Bear Stearns) would have told them to "pull the plug and forget it."

There's a huge difference between losing money while you build market share, and losing money because you haven't built market share. One is temporary, the other pretty much the way it's going to stay barring any major upset or infusion of capital. It's pretty clear where Bear Stearns sits on this one, and why.

Just my $.02