I read here much more than I post but this gem is just too stupid to pass up. This is a perfect example of why pilots aren't good investment advisors.

I work in the M & A field on the side.

I'd say that he is a "major boob." ;)

Like maybe a bunch of fullfilment centers already, and a 2014 revenue of ~$88B, and gross income ~$25B. These figures are a ~2.5 fold, and ~3.25 fold, respectively, over 2010 figures. Can YOUR company say the same things ? There are also many closed ABX ramps/buildings scattered across the country.

You may be right there. Unlike DHL, Mr. Bezos is a US Citizen, and thus doesn't have the obstacle that DHL has "wrt" owning a US airline.
Based on the web searching I did, I found nothing to suggest that Mr. Bezos would be another Henry Ford, Herb Kelleher, or Fred Smith.

That may sound good, but he FAA will only let it happen for so long.

With Amazon in operational control of a "portfolio" of contractors, the FAA will eventually make them bring it in house as their own airline.

They (FAA) haven't done that with DHL. By my count there are at least 7 different airlines on the CVG ramp moving their product every night.

They can't do it with DHL - they are not a US citizen - DHL can not have operational control of any aircraft - we all know they do - but they still cant own any more than 49% of a US Air Carrier

That DHL now owns/controls/leases.

Like the FAA allows the majors to operationally control their FFD partners.

On another interesting note Amazon just opened it's first brick and mortar "Book Store" in Seattle,WA near the Univ. of WA? Interesting that the company that ran a lots of bookstores out of business now decides to opnen one?

A portfolio of contractors will allow them to screw up a very good business model by not RELIABLY getting your stuff there on time. (i.e., DHL) They had reliability problems using the ACMI bunch.

Pipe

It's amusing watching the Bezos fanbois.:D

I disagree with your assertion that ACMI equal unreliability. I will make the argument that ACMI gives better reliability than an inhouse airline. The reason is that if the ACMI has strict performance goals written into it's contract and if they fail to meet those, they risk being replaced by a contractor who will, with the subsequent loss of flying and probable furloughs of said pilots.

If you knew your job depended on you blocking out and arriving at a certain time, you'd do whatever it took to make it happen. If that means liberal interpretation of the regs to ensure ontime performance, then so be it.

That is just what our industry needs is more thinking like this.:rolleyes:

No kidding...one level of safety except to enrichen an arrogant billionaire who will regard him as a forth rate pilot willing to sell out his safety. And he's salivating for the chance to do so.

Brilliance...sheer brilliance.

A quick internet search revealed that, for UPS anyway, no single customer accounted for more than 10% of Brown's total revenue. Doesn't seem like Amazon is that critical to their survival and don't forget that FedEx and UPS were around and thriving long before Amazon and Google came along. Doubt Amazon could realize cheaper shipping rates running their own shipping company; they don't have the economies of scale that Brown and Purple have so they'd also have to ship non-Amazon product. Not sure why a glorified Sears catalog company would want to morph into an international shipping company. Seems cheaper and with less risk to just outsource the majority of its distribution.

Disclosure-I was a science major.

This is known as, "whistling past the graveyard.'

Excerpt: glorified Sears catalog company (meaning Amazon)

Stock Prices

1 yr ago Yesterday
AMZN $296 ---> $640

FDX 171 ---> 159

Amazon 2014 net profit in millions: (241)

"Life is hard, it is harder if you are stupid"
John Wayne

Perhaps unrelated, but several months ago, Amazon agreed to start collecting Ohio sales tax due to their plans to significantly increase their presence in the state.

That must mean they plan to use ILN as the sort for Prime Air.

Amazon market capitalization as of 11/7: 307 billion. Q3 2015 profit: 1.04 billion.

Full disclosure: AMZN stockholder. Bring on the logistics business.


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Per Amazon's Q3'15 10-Q, net income (ie. profit) was $79M on $25.4B revenue.

As I've said before....good luck.

Yep. And even those numbers are fishy!:confused:

The majors are not in operational control of their FFD partners.

They tell them the schedule they would like, but are not in control of daily flight ops.

Amazon will be the Uber of the sky. Delivering packages via independent contractors using their own airplanes. Mechanical Turks of the sky. Where can I sign up?

Wow, they could buy a shiney new 777 every year!

Especially since Bezos...being the progressive that he is, will insist that all Amazon pilots have FDX/UPS plus $1 and all the best work rules and benefits. And he will encourage unionization.

So all the fanbois think Jeff will immediately succeed just because?

Pffffffft

Amazons profits, like many companies, are spent in R&D to grow the company. Here is a great article on their low profits. If you pay all your bills, invest in future growth, pay your emplyees well, make your investors money and build an airline, who cares if your profit is $1.

Why Amazon Has No Profits (And Why It Works) ? Benedict Evans

Well...lets hope all the non-unionized, ACMI Bezos fanbois get stock options, because...

"Amazon’s top cash salary of $160,000 is more than triple the median US household income in 2013, but in the fiercely competitive market for talent that is the technology industry, it is not excessive."

Pilots likely aren't highly regarded by Bozos...that's a shame.

Sideshow. I generally agree that Amazon is not the be all and end all of companies. But, how many of the ACMI airlines do you think are non-union? I can't think of one with a fleet over 10 aircraft that aren't and several of the smaller ones are also. Certainly the carriers doing the Aerosmith flying are.

Despite being an uber-lefty, isn't it odd that his work force isn't unionized? And for the ACMIs he might utilize, how will he react to pilots demanding that work rules be followed, or that Part 117 safeguards or lithium battery protocols that other unions gain be respected?

How will Teamsters or ALPA react when Jeffy tells the CEO of whoever that his pilots better behave, lest he take away the table scraps?

I love these two-faced leftists, who are all about spending everybody else's money, but will no doubt treat ACMI pilots like third rate citizens.

OCCUPY AMAZON!

Good luck with the table scraps of Jeff Bozos.

I saw on the Atlas thread that they're trying to get to 2500 crew members almost overnight. Didn't they have around 1100 earlier this year? That sure is a lot of expansion...

Where the hell is the "like" button!!!

Double "like"!

^^^the author referencing this thread is hilarious.