FedEx Purchase of Gemini
01-18-2006, 11:32 AM
#11
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Posts: 107
Originally Posted by dckozak
FDX or UPS, it would help us all by unifing two groups rather than providing (another) weapon, or threat, to be used in a work action.
01-18-2006, 11:47 AM
#12
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Originally Posted by Deuce130
How many pilots does Gemini have? I'm thinking I'd rather have them incorporate into the UPS seniority list than Fedex's! Go big brown.
Why would you rather see us at UPS. UPS does not have a great track record for taking pilots from companies they buy.
It is not my intent to be disrespectful of UPS or FedEx but why do you think either would take us?
01-18-2006, 02:00 PM
#13
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Position: 777 FO
Posts: 931
Originally Posted by fogrunner
About 200 pilots and 50 PFEs.
Why would you rather see us at UPS. UPS does not have a great track record for taking pilots from companies they buy.
It is not my intent to be disrespectful of UPS or FedEx but why do you think either would take us?
Why would you rather see us at UPS. UPS does not have a great track record for taking pilots from companies they buy.
It is not my intent to be disrespectful of UPS or FedEx but why do you think either would take us?
That comment was meant to be funny, but I also realize that it's no laughing matter for the guys at Gemini. I work for FDX and I was just trying to point out that it would suck going down 200 spots on the seniority list overnight (life Flying Tigers acquisition back in 1990). Whatever happens, I hope that the pilots at Gemini get taken care of by whoever, if anyone, buys them out.
01-18-2006, 03:44 PM
#14
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Originally Posted by fogrunner
How do you figure that? Look at Challenge and what happened to their pilots. What makes you think that UPS would keep us.
01-18-2006, 07:04 PM
#15
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Position: MD-11 F/O UPS
Posts: 175
Gemini is a small and relatively junior pilot group compared to Purple or Brown. (I believe its only been around for ten years.) However, it has been sold by its controlling owner; Carlyle Group. Now, how do all of us in the knitting circle figure out who bought the controlling interest?
If a publicly held company purchases a privately held company, doesn't the public company have to file something with the SEC? Shareholders? I am a purple shareholder and have rec'vd nothing.
What timeline is involved?
Doesn't someone in this forum have an MBA?
Help me out...and pray purple bought them.
If a publicly held company purchases a privately held company, doesn't the public company have to file something with the SEC? Shareholders? I am a purple shareholder and have rec'vd nothing.
What timeline is involved?
Doesn't someone in this forum have an MBA?
Help me out...and pray purple bought them.
Last edited by VegasBoy; 01-18-2006 at 07:07 PM.
01-19-2006, 01:07 AM
#16
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Originally Posted by dckozak
Well, I guess after all the *****ing and moaning is over (re: seniority intergration) it would be better for both, with either UPS or FDX. Maybe it would be smoother at FDX, but thats just a guess, I sense the UPS pilots would be tougher on an aquiring pilot group than FDX, IMHO. No doubt, there would be wailing from all quaters, allways is when pilots are involved.
01-19-2006, 07:10 AM
#17
done, gone skiing
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Originally Posted by jonnyjetprop
I guess that you are not filled on UPS buying Challenge Air Cargo. They bought the routes, the Central and South American ground operations and the facility in MIA. They didn't take a single pilot. I guess it would suck to be bought by UPS.
mainly by junior purple and senior Gemini pilots.
01-19-2006, 05:24 PM
#18
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Position: 737, AMR Cost Unit
Posts: 7
Originally Posted by L'il J.Seinfeld
What makes you guys think Brown isn't in the process already. We're hearing the same rumors.
Yeah Brown, if it is true and UPS does buy Gemini I guess UPS will fire all the Gemini pilots just like it fired all the Challenge Air Cargo guys after it purchased Challenge in 2000. Good luck Gemni Pilots your going to need it with a company like UPSux..........
01-19-2006, 06:37 PM
#19
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Position: MD-11 F/O UPS
Posts: 175
This might seem naive of me; however, if you think of the cost of training 250 crewmembers, at $40,000 per crewmember, the invested cost for 250 crewmembers is 10 million dollars. If you fire the Gemini guys, UPS has to hire and train 250 pilots. On the flip side of the coin, if the Gemini guys can't hold the MD-11, then you end up paying the training cost anyway.
I'm not familiar with the Challenge deal, it just seems like a waste of money to retrain additional crews.
I'm not familiar with the Challenge deal, it just seems like a waste of money to retrain additional crews.
01-20-2006, 06:56 AM
#20
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Posts: 397
I can't Figure this out. Most are upset because of purchasing an airline and bringing on their pilots then most are upset about letting go pilots of the airline you bought. Which is it?
Didn't Challenge have something like 4 757 pf"s? Most of their pilots were 707 and DC-10 pilots. Why should UPS have kept them? I'm sure if UPS did the IPA would be calling customers and telling them that they are being replaced.
Didn't Challenge have something like 4 757 pf"s? Most of their pilots were 707 and DC-10 pilots. Why should UPS have kept them? I'm sure if UPS did the IPA would be calling customers and telling them that they are being replaced.
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