FedEx Purchase of Gemini
 

I've been hearing a lot of stirring recently about FedEx acquiring Gemini Air Cargo. Gemini was held by the Carlyle Group but now shows on their web-site (Carlyle's) as realized and sold; however, doesn't mention to whom. Is it just the guys I'm flying with or has anybody else heard the same; and can someone with more business knowledge than me tell me what the SEC filing requirements would be if FedEx bought Gemini, a privately held company?

I understand that purchasing Gemini is one of the only ways to quickly get some badly needed airframes. Not so sure this will actually happen, but it's a hot rumor fer sher.

That's actually the reasoning that makes me think FedEx buying Gemini is reasonable; similar fleet types, and the MD-11's that no one can seem to get their hands on now (thanks Boeing). Gemini acquisition would be an instant 10% increase in ton-mile capacity to Purple's MD-11/10 fleet. But anyhow, has anybody heard anything more than just the rumor mill?

What makes you guys think Brown isn't in the process already. We're hearing the same rumors.

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.

Duece, I wouldn't unless they were stapled at the bottom. You'd be OK with a merged seniority list by Date of Hire? Lots of F/Os wouldn't be too happy with that.

Heard this same rumor over 5 years ago at Gemini. If true (doubtful) Wouldn't surprise me to see whoever purchased the company to keep the certifcate seperate.

If FDX bought Gemini, it would be a good anti-union tool to keep them separate then use Gemini to haul stuff in case we threaten to walk. Just a thought.

We are ALPA at Gemini...That won't happen..

Good either way
 

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.;)