UPS earnings report

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02-01-2022 | 04:09 AM

jetlaggy

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UPS earnings report

https://www.cnbc.com/2022/02/01/ups-q4-earnings-jump-35percent-says-will-hit-margin-targets-early.html

02-01-2022 | 04:13 AM

BoilerUP

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$3.09B net income in Q4’21
$12.89B net income in FY’21

02-01-2022 | 04:58 AM

tnkrdrvr

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Quote:

Originally Posted by BoilerUP

$3.09B net income in Q4’21
$12.89B net income in FY’21

Interesting to see how this affects teamster negotiations.

02-01-2022 | 06:41 AM

flyguy23

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49% dividend increase 😳

02-01-2022 | 07:37 AM

tnkrdrvr

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Quote:

Originally Posted by flyguy23

49% dividend increase 😳

Im cool with that. It means they can increase payscales by 49%

02-01-2022 | 07:48 AM

jetlaggy

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Quote:

Originally Posted by tnkrdrvr

Im cool with that. It means they can increase payscales by 49%

I hear ya..another interesting tidbit I hadn’t seen…with the 19 767s on order we also have 8 options.

02-01-2022 | 08:11 AM

tnkrdrvr

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Quote:

Originally Posted by jetlaggy

I hear ya..another interesting tidbit I hadn’t seen…with the 19 767s on order we also have 8 options.

Thats news to me. I really should read these reports more carefully. If we exercise that option, (big if) they may need to add even more capacity to the training center. Maybe put a sim in ONT or MIA.

02-01-2022 | 08:42 AM

Precontact

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We’re trying to get open slots for 767 production of which there aren’t a whole lot. With the 747 line closing and the 787 moving to Charleston, Boeing should be able to increase production although an ICAO restriction on older engines takes effect in 2027.