Growth
#1
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Growth
UPS CEO says Amazon 'Reinforced' Demand for 24-hour Shipping Services (Fox Business, July 24)
UPS CEO David Abney told FOX Business on Thursday that Amazon helped strengthen the 24-hour shipping industry.
“That started and we could see it a few years ago it was going to continue to swing in that direction. Now it’s become a structural change – everybody expects 24 hours. Whether Amazon started it or others started it and Amazon reinforced it – it’s here,” he told Maria Bartiromo.
Abney added that future growth will come from the shipping aspect of the business.
“It’s shifting to next-day air and next-day ground and it’s coming from second-day and deferred options and it’s moving into our network,” he said. "We happen to have the capacity. We've added 11 new aircraft this year and so when you have a structural change and you have the capacity it just doesn’t work much better than that. So it caused our air volume to surge 30 percent the last quarter which caused our financial improvements that we reported yesterday.”
UPS reported second-quarter net income of $1.69 billion, or $1.94 per share, compared to $1.49 billion, or $1.71 per share, it reported the prior year.
UPS CEO David Abney told FOX Business on Thursday that Amazon helped strengthen the 24-hour shipping industry.
“That started and we could see it a few years ago it was going to continue to swing in that direction. Now it’s become a structural change – everybody expects 24 hours. Whether Amazon started it or others started it and Amazon reinforced it – it’s here,” he told Maria Bartiromo.
Abney added that future growth will come from the shipping aspect of the business.
“It’s shifting to next-day air and next-day ground and it’s coming from second-day and deferred options and it’s moving into our network,” he said. "We happen to have the capacity. We've added 11 new aircraft this year and so when you have a structural change and you have the capacity it just doesn’t work much better than that. So it caused our air volume to surge 30 percent the last quarter which caused our financial improvements that we reported yesterday.”
UPS reported second-quarter net income of $1.69 billion, or $1.94 per share, compared to $1.49 billion, or $1.71 per share, it reported the prior year.
#8
On the A330F, I’d agree; it doesn’t hold much more than a 763.
However, the -300/900 fuselage holds 20% more containerized volume than a 763, and 10% less containerized volume than a MD, and while there is not currently a NEO freighter there is a -300P2F program developed by Airbus & ST Aerospace via EFW with conversions currently flying for DHL. Because the engineering is done, it’d be easy enough for a factory freighter from a new CEO 333 or NEO 339 given a sizable order, especially as Airbus is functionally out of the freighter marker right now and likely willing to deal on price.
...but a large order of 767s makes a LOT more business sense, especially with our incremental new orders the past couple years.
777s are about as likely IMO as a new primary hotel in CGN or scrapping the schedule optimizer.
Suppose we’ll see; either way the GROWTH the airline is doing is good!
However, the -300/900 fuselage holds 20% more containerized volume than a 763, and 10% less containerized volume than a MD, and while there is not currently a NEO freighter there is a -300P2F program developed by Airbus & ST Aerospace via EFW with conversions currently flying for DHL. Because the engineering is done, it’d be easy enough for a factory freighter from a new CEO 333 or NEO 339 given a sizable order, especially as Airbus is functionally out of the freighter marker right now and likely willing to deal on price.
...but a large order of 767s makes a LOT more business sense, especially with our incremental new orders the past couple years.
777s are about as likely IMO as a new primary hotel in CGN or scrapping the schedule optimizer.
Suppose we’ll see; either way the GROWTH the airline is doing is good!
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