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tnkrdrvr 07-25-2019 01:22 PM

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.




tnkrdrvr 07-25-2019 01:23 PM

Now we just need to hire pilots to fly the new jets.:rolleyes:

navigatro 07-25-2019 05:54 PM

major aircraft purchase announcement in the next 90 days.

you heard it here first.

BoilerUP 07-25-2019 06:20 PM


Originally Posted by navigatro (Post 2859394)
major aircraft purchase announcement in the next 90 days.



you heard it here first.


Can’t wait to bid the 330!





[emoji16]

cougar 07-26-2019 03:25 AM


Originally Posted by BoilerUP (Post 2859402)
Can’t wait to bid the 330!





[emoji16]

330 isn't anywhere near big enough for our needs.

767pilot 07-26-2019 03:38 AM


Originally Posted by BoilerUP (Post 2859402)
Can’t wait to bid the 330!





[emoji16]

Yes, Short Brothers is going to crank the line back up for us!!

767pilot 07-26-2019 03:41 AM


Originally Posted by navigatro (Post 2859394)
major aircraft purchase announcement in the next 90 days.

you heard it here first.

35 new 767's with Boeing opening up a new line to support the order.

BoilerUP 07-26-2019 03:53 AM


Originally Posted by cougar (Post 2859530)
330 isn't anywhere near big enough for our needs.

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!

Rocket Bob 07-26-2019 05:24 AM

30 additional 747-8. Yes, additional

howardhughes8 07-26-2019 07:39 AM

A330ceo and Neo both have 200 ft+ wingspan, will not fit in our air wings. That is the argument I always hear.


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