FDX: any news on the USPS contract renewal
#71
Not really news but mildly interesting none the less ...
FedEx And UPS Made Almost $2 Billion Last Year From...the Postal Service | Editors Pick | Minyanville's Wall Street
FedEx And UPS Made Almost $2 Billion Last Year From...the Postal Service | Editors Pick | Minyanville's Wall Street
#72
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Joined APC: Jul 2008
Position: MD CA
Posts: 705
2 Billion? Lets just put the FDX name out there in your quote.
Because UPS share is only 200 million vs. FDX 1.8 Billion. PER YEAR!
I feel with all the payments and aircraft orders FDX has, Fred is going to under Bid and lose money on the contract to keep it. It still is logical to do with the orders of new airplanes arriving. Better to keep them flying and lose some money then have them sit and lose big money.
FDX will keep 80% plus-
UPS is out of their league when playing in the sandbox called Washington K street and Fred Smith.
Because UPS share is only 200 million vs. FDX 1.8 Billion. PER YEAR!
I feel with all the payments and aircraft orders FDX has, Fred is going to under Bid and lose money on the contract to keep it. It still is logical to do with the orders of new airplanes arriving. Better to keep them flying and lose some money then have them sit and lose big money.
FDX will keep 80% plus-
UPS is out of their league when playing in the sandbox called Washington K street and Fred Smith.
#73
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#74
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Position: MD CA
Posts: 705
The monthy payments going to the leasing company or Bank that holds the Title for the over 100 aircraft firm ordered and scheduled to be delivered.
757, 767, 777's. do live under a rock?
Cancelled? Sure some could, but not all 125 plus.
757, 767, 777's. do live under a rock?
Cancelled? Sure some could, but not all 125 plus.
#75
UPS is out of their league when playing in the sandbox called Washington K street and Fred Smith.
While I doubt FedEx underestimates UPS's influence and power, as Commando alludes to, I do hope that FedEx and UPS never truly engage in outright war. I believe the results could be devastating to both pilot groups.
I'd love to see UPS get some of this mail contract, but I would not want it at the expense of the overall health of both of our pilot groups.
#76
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...
I feel with all the payments and aircraft orders FDX has, Fred is going to under Bid and lose money on the contract to keep it. It still is logical to do with the orders of new airplanes arriving. Better to keep them flying and lose some money then have them sit and lose big money.
...
I feel with all the payments and aircraft orders FDX has, Fred is going to under Bid and lose money on the contract to keep it. It still is logical to do with the orders of new airplanes arriving. Better to keep them flying and lose some money then have them sit and lose big money.
...
The company that can most efficiently service the contract should get it, but I doubt anyone, particularly Fedex wants it at a loss.
#77
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Joined APC: Jan 2013
Posts: 47
"In 2012, American Airlines led all other passenger airlines in terms of money spent on lobbying -- a total of $4.8 million. In fact, the only three organizations in the entire air transport industry spent more money than American -- FedEx, which trumped everyone by spending $11.8 million, UPS, and the airline trade association Airlines for America, which spent $6.3 million."
#78
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Joined APC: Jun 2006
Posts: 2,227
I wouldn't worry about the new planes coming to FDX.
The company would just speed up the retirement of the MD-10's, which they want to do ASAP. Busses next, MD-11's last. We'll be an all twin-engine Boeing fleet by 2020.
The company would just speed up the retirement of the MD-10's, which they want to do ASAP. Busses next, MD-11's last. We'll be an all twin-engine Boeing fleet by 2020.
#80
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Joined APC: Jan 2010
Posts: 110
I feel with all the payments and aircraft orders FDX has, Fred is going to under Bid and lose money on the contract to keep it. It still is logical to do with the orders of new airplanes arriving. Better to keep them flying and lose some money then have them sit and lose big money.
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