Airline Pilot Central Forums

Airline Pilot Central Forums (https://www.airlinepilotforums.com/)
-   UPS (https://www.airlinepilotforums.com/ups/)
-   -   Tome announces MD replacement plan (https://www.airlinepilotforums.com/ups/134136-tome-announces-md-replacement-plan.html)

Tango Uniform 06-24-2021 10:26 PM

How can 777’s be part of the equation with limited ramp space at SDF?

whalesurfer 06-25-2021 02:04 AM


Originally Posted by jetlaggy (Post 3252219)
That 747 ship has sailed…so lets just do 60 767s. 😉

Agree. The ship to buy more 747-8s has sailed indeed. The window to lease a few -8s and maybe some - 400s down the road is still wide open.

We are already leasing a few 767s and I think brown is liking the freedom from immediate capex expenditures those leases have offered (investors hate large capex splurges).
I wouldn’t be surprised to see leases becoming more of a norm. So more leased 767 is also another possibility.

jetlaggy 06-25-2021 04:02 AM

Rumor mill says Fedex just ordered a bunch more 767s ….and Atlas is starting a 747 domicile in Memphis. Looks like they are planning on alot more cargo….Bigger is better.

USMCFDX 06-25-2021 04:17 AM


Originally Posted by jetlaggy (Post 3254437)
Rumor mill says Fedex just ordered a bunch more 767s ….and Atlas is starting a 747 domicile in Memphis. Looks like they are planning on alot more cargo….Bigger is better.

Both are not rumors

FedEx added 20 firm orders for the 767 released in yesterday’s earnings call

Atlas ALPA email announced MEM domicile

jetlaggy 06-25-2021 04:23 AM


Originally Posted by USMCFDX (Post 3254442)
Both are not rumors

FedEx added 20 firm orders for the 767 released in yesterday’s earnings call

Atlas ALPA email announced MEM domicile


Thought so…I just hate putting out bad facts...thanx for the confirmation…we better get in line soom.

DangaZone 06-25-2021 04:46 AM

https://www.fool.com/earnings/call-t...ll-transcript/


Finally, address -- I will address our capital allocation, starting with capital expenditures, which is expected to be $7.2 billion in FY '22. This projects to 8% or less of revenue which is the target level for the capex to revenue component of our FY '22 to '24 long-term incentive plan and remains below our historical capital intensity.

Approximately half of our expected capital spending this year will be for growth, but the remainder for important projects like replacement of our aging FedEx Express aircraft, which not only is expected to have a high financial return but is an important part of our strategy to reduce our carbon footprint.

jetlaggy 06-25-2021 04:56 AM

UPS guides for $13.5 billion to $14.5 billion in capex for 2021 through 2023, while analysts’ consensus was $13.4 billion.



Seems to be a big difference in spending.

C2078 06-25-2021 05:27 AM

Atlas MEM base. Might this be to supplement Fedex flying during non peak times, right in front of their faces? Is their scope that weak?

It seems, on the surface, the only thing standing between a money type CEO and “optimizing” the company is Fred Smith. Once he goes, will be interesting to see what happens.

cessnapilot 06-25-2021 09:58 AM


Originally Posted by jetlaggy (Post 3254459)
UPS guides for $13.5 billion to $14.5 billion in capex for 2021 through 2023, while analysts’ consensus was $13.4 billion.



Seems to be a big difference in spending.

one guidance is for a 3 year period… FedEx was for 1 year

jetlaggy 06-25-2021 12:38 PM


Originally Posted by cessnapilot (Post 3254600)
one guidance is for a 3 year period… FedEx was for 1 year


I know. Fedex seems to be spending alot more.


All times are GMT -8. The time now is 09:10 PM.


User Alert System provided by Advanced User Tagging v3.3.0 (Lite) - vBulletin Mods & Addons Copyright © 2024 DragonByte Technologies Ltd.
Website Copyright ©2000 - 2017 MH Sub I, LLC dba Internet Brands