As I said before, the TA will be approved, but by the slimmest of margins.

 

We'll see if that is so in a couple of months. Speculation is not fact. I think we can get a better deal and I'm willing to wait. Accepting the first offer is like paying list price at a car dealer-not smart negotiating.
The offer comes up short in too many areas and we've waited too long to throw it all away on the first lowball tossed out.

 

We'll see about that better offer...Oil prices nearing $80, middle east troubles, slowing economic data. UPS may tell us to stick it up our collective ***es. They'll come back to us with the same deal or worse in 12-18 months. That being said, 60/40 this thing passes. Amazing to hear guys after they go to the road show...

 

The troubles of the World will always be with us, UPS needs a settlement to gain postal contracts, utilize their new heavies as they should be, and look better on Wall street. If you think they will not settle higher take a look at what they have to lose within the next year.
If we get the same thing a year from now it will have to include retro for that period so what's the difference? They have been in no hurry for 3 years, now they are. Can you guess why? It has nothing to do with colored lanyards or three year pins and everything to do with their business requirements.
My hourly raise under the new contract is less than 10%. This doesn't even begin to cover inflation for the last five years with no raise. Retro, now known euphemisticly as a "signing bonus" is about 75% of what it should be. We aren't keeping up with inflation, much less getting a good deal. Retirement doesn't match the current deal of our closest competitor.
The road show sold it, they couldn't defend it.

 

Geoffry, You said 400 in the next 12 month on page one. Not quite. The semi-official word is 300 in the next 18 months. Subtract about 150 retirements and we get 150 net hired. Things are "going to go crazy" alright. Now who is FOS old man?

 

Jungle...

If you take them at their word (I know, stop laughing!!) they said the 150 this year and 150 next year are not for retirements. They are hiring additionally (so they say) for the panel retirements.

YMMV

Pilot7576

 

GEOFFREY,

On 6/29, you said this about the TA:

As you know by now, the numbers you quoted are not close to what is in the TA. For someone "with inside information", I find your credibility lacking. Either that, or your "source" was clueless also.

 

Pilot7576, Check my math, but I think we will see at least 100+ Captains retire in the next 18 months. The panel retirements are something of an unknown, but I guess 50-75 in the next 18 months. Seems like a lot of them are just hanging on to improve their end game and I can't blame them.
2007-08 are the peak years for retirement at UPS, it could easily end up that 300 will be needed just to cover total retirements through 2008.

 

Geoffrey,no offense buddy but you wouldnt be browntail reincarnated would you?