Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Cargo > UPS
Earnings report Jan 30 >

Earnings report Jan 30

Search

Notices

Earnings report Jan 30

Thread Tools
 
Search this Thread
 
Old 01-30-2024 | 08:04 AM
  #11  
Line Holder
 
Joined: Jan 2006
Posts: 1,741
Likes: 15
Default

Was there any mention of any of the 12,000 job cuts would affect pilots?
Reply
Old 01-30-2024 | 08:17 AM
  #12  
BoilerUP's Avatar
Doing One Pilot's Job
 
Joined: Sep 2005
Posts: 7,896
Likes: 147
Default

Originally Posted by iahflyr
Was there any mention of any of the 12,000 job cuts would affect pilots?
Over 190 pilots, 90%+ of which had 25 or more years of service, separated in November under an early retirement incentive.
Reply
Old 01-30-2024 | 08:26 AM
  #13  
Line Holder
 
Joined: Nov 2017
Posts: 781
Likes: 0
From: Wichita
Default

Originally Posted by BoilerUP
Over 190 pilots, 90%+ of which had 25 or more years of service, separated in November under an early retirement incentive.

What % is 190 pilots of the total number of pilots? 5%???
Reply
Old 01-30-2024 | 08:33 AM
  #14  
BoilerUP's Avatar
Doing One Pilot's Job
 
Joined: Sep 2005
Posts: 7,896
Likes: 147
Default

Originally Posted by JackStraw
What % is 190 pilots of the total number of pilots? 5%???
About 5.5%.

For comparison, eliminating 12,000 positions would be about 2.25% of total company workforce.
Reply
Old 01-30-2024 | 08:37 AM
  #15  
On Reserve
 
Joined: Nov 2023
Posts: 113
Likes: 10
From: MD-11
Default

With these bad Air volume numbers, maybe it will eventually be the 14 Md's gone this year. Maybe line maintenece knows more than we think. lol-
Reply
Old 01-30-2024 | 08:57 AM
  #16  
Line Holder
 
Joined: May 2006
Posts: 1,050
Likes: 32
Default

How does the 2023 volume compare to pre-Covid volume? I believe 2023 is still higher.
Reply
Old 01-30-2024 | 09:08 AM
  #17  
Airplanes
 
Joined: May 2022
Posts: 261
Likes: 88
Default

It said no union jobs affected. So no pilots that we care about are impacted…yet
Reply
Old 01-30-2024 | 09:19 AM
  #18  
Line Holder
 
Joined: May 2006
Posts: 1,160
Likes: 3
From: DC-8 756/767
Default

If I were a NURP, I would be pretty nervous right about now.
Reply
Old 01-30-2024 | 09:34 AM
  #19  
maxing the min/Moderator
20 Years
 
Joined: Aug 2005
Posts: 1,615
Likes: 21
From: 757
Default

Originally Posted by UPSFO4LIFE
If I were a NURP, I would be pretty nervous right about now.
Early retirement buyout coming soon
Reply
Old 01-30-2024 | 10:10 AM
  #20  
tnkrdrvr's Avatar
Living the SloBus life
Veteran: Air Force
5 Years
On Reserve
20 Countries Visited
 
Joined: Jan 2018
Posts: 2,183
Likes: 92
Default

Originally Posted by jetlaggy
Early retirement buyout coming soon
For the NURPs who still have a pension that could be a good deal. As far as I know, no NURPs have been acrueing any additional pension benefits for several years.
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
vagabond
FedEx
6
01-23-2022 10:19 PM
O2pilot
United
4
01-21-2020 04:14 PM
fanaticalflyer
United
21
06-29-2018 10:46 AM
Ray Kinsella
UPS
16
04-27-2017 05:05 AM
Raptor
FedEx
132
07-20-2016 05:08 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices