UPS is in Big Trouble
04-23-2008 | 02:28 PM
#12
Gets Weekends Off
Joined: Oct 2006
Posts: 524
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From: Brown 747-400
CHICAGO (Reuters) - Package delivery company United Parcel Service Inc
(NYSE:UPS - News) reported lower quarterly earnings on Wednesday, citing
a sharp decline in U.S. economic activity.
The Atlanta-based company reported first-quarter net income of $906
million, or 87 cents a share, compared with $1.03 billion, or 96 cents
a share, a year earlier.
(NYSE:UPS - News) reported lower quarterly earnings on Wednesday, citing
a sharp decline in U.S. economic activity.
The Atlanta-based company reported first-quarter net income of $906
million, or 87 cents a share, compared with $1.03 billion, or 96 cents
a share, a year earlier.
After reading that we "only" cleared just shy of a billion in profit during the first quarter, I kinda sat here with a dumbfounded look on my face. We just made almost a cool billion dollars in profit during a quarter of huge economic turndown, skyrocketing fuel prices, and when practically every other airline out there is losing their collective asses.
Oldfr8dog, what would ever lead you to believe that UPS is in "big trouble?"
04-23-2008 | 02:33 PM
#13
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Joined: Jun 2007
Posts: 283
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From: Kickin it "C"old School in AK
Big Trouble For Sure
That was the last straw. I'm resigning tomorrow and going to Delta!
CHICAGO (Reuters) - Package delivery company United Parcel Service Inc
(NYSE:UPS - News) reported lower quarterly earnings on Wednesday, citing
a sharp decline in U.S. economic activity.
The Atlanta-based company reported first-quarter net income of $906
million, or 87 cents a share, compared with $1.03 billion, or 96 cents
a share, a year earlier.
(NYSE:UPS - News) reported lower quarterly earnings on Wednesday, citing
a sharp decline in U.S. economic activity.
The Atlanta-based company reported first-quarter net income of $906
million, or 87 cents a share, compared with $1.03 billion, or 96 cents
a share, a year earlier.
04-23-2008 | 03:21 PM
#14
Tri-tanic operator
Joined: Jul 2006
Posts: 2,382
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From: Doggie
Sarcasm ON
When I read it, the sarcasm light illuminated ...
But what do I know !
But what do I know !
04-23-2008 | 05:28 PM
#15
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Joined: Oct 2006
Posts: 524
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From: Brown 747-400
04-23-2008 | 05:41 PM
#16
Line Holder
Joined: Nov 2005
Posts: 60
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From: Upright & Locked
Let me get this straight....UPS just finished up in front of the urinal, gave it a nice shake, and it only got two drops instead of three????
04-23-2008 | 07:56 PM
#17
Thread Starter
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Joined: Mar 2005
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From: B-757/767 Capt.
Wow. That was me being sarcastic. I'm not too concerned about UPS's health.
04-23-2008 | 08:19 PM
#19
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Joined: Apr 2005
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From: 757/767
Wow they just missed it by 100000000. They should look in to thier managment structure and those high payed , under worked flight managers with their huge salary and bonuces. I think we have have over 200 of these guys, What a useless department and overhead. Get rid of them and and that will solve some of your fuel costs.
04-23-2008 | 09:12 PM
#20
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Joined: May 2005
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Wow they just missed it by 100000000. They should look in to thier managment structure and those high payed , under worked flight managers with their huge salary and bonuces. I think we have have over 200 of these guys, What a useless department and overhead. Get rid of them and and that will solve some of your fuel costs.
We have several IPA pilots that have not flown over 200 hours for the entire year of 2007. Explain to me how any airline can exist with out people to manage the day to day operation and also administer training. People like you need to get a life!! Oh yes and by the way why don't you learn how to spell or use spell check!!
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