Tome announces MD replacement plan
06-25-2021, 02:04 AM
#42
Gets Weekends Off
Joined APC: Feb 2013
Posts: 1,339
Originally Posted by jetlaggy
That 747 ship has sailed…so lets just do 60 767s. 😉
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.
06-25-2021, 04:17 AM
#44
Gets Weekends Off
Joined APC: May 2006
Posts: 1,804
Originally Posted by jetlaggy
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.
FedEx added 20 firm orders for the 767 released in yesterday’s earnings call
Atlas ALPA email announced MEM domicile
06-25-2021, 04:23 AM
#45
maxing the min/Moderator
Joined APC: Aug 2005
Position: 757
Posts: 1,356
Originally Posted by USMCFDX
Both are not rumors
FedEx added 20 firm orders for the 767 released in yesterday’s earnings call
Atlas ALPA email announced MEM domicile
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.
06-25-2021, 04:46 AM
#46
Callsign Duchess
Joined APC: Jul 2014
Posts: 92
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.
06-25-2021, 05:27 AM
#48
Banned
Joined APC: Oct 2019
Posts: 923
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.
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.
06-25-2021, 09:58 AM
#49
Gets Weekends Off
Joined APC: Jan 2006
Position: MD-11 F/O
Posts: 232
Originally Posted by jetlaggy
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.
Seems to be a big difference in spending.
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