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Q1 earning call
Originally Posted by YellowBird
(Post 3796988)
I do not think this information is accurate. CEO recently said in the Q1 2024 earnings call that UPS plans to hire less than 200 pilots. I would imagine 6 classes of 30 and then we are done hiring for the next few years. As 20% of our fleet gets parked, they will let attrition take it's place to keep the staffing numbers in-line. There has always been a disconnect between SDF and ATL. (Case in point, Beard vs. No Beard) In the end, ATL has the final say.
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Originally Posted by YellowBird
(Post 3796988)
I do not think this information is accurate. CEO recently said in the Q1 2024 earnings call that UPS plans to hire less than 200 pilots. I would imagine 6 classes of 30 and then we are done hiring for the next few years. As 20% of our fleet gets parked, they will let attrition take it's place to keep the staffing numbers in-line. There has always been a disconnect between SDF and ATL. (Case in point, Beard vs. No Beard) In the end, ATL has the final say.
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Originally Posted by jetlaggy
(Post 3796990)
she trying to downplay the amount of expenditures for this contract to the investors.
Anybody thinking otherwise is both "new here" and has never read between the lines of a quarterly earnings transcript. |
Originally Posted by BoilerUP
(Post 3797028)
BINGO
Anybody thinking otherwise is both "new here" and has never read between the lines of a quarterly earnings transcript. If reading between the lines makes you feel warm and fuzzy, go right ahead. |
Maybe leasing not purchasing?
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Originally Posted by YellowBird
(Post 3797035)
Your right. I guess the part where she said "We won't be purchasing any aircraft" actually means, 30 A350F's on order.
Carol was speaking SPECIFICALLY about the financial implications of the USPS contract - not about the overarching status of the airline. Q1'24 Financial Statements show we have 21 new 767Fs remaining on order, and we've also recently taken delivery of two "certified preowned" Ochos that have not yet entered service. The 170 positions created (by the recent Realignment, to support Postal) will grow our pilot group by the same amount of active pilots who retired under VTP last fall, and both IPNN and CPIL stated a similar-sized bid may follow later this year. Puppies and rainbows? Nah...but its nice to be growing again instead of shrinking. |
Originally Posted by YellowBird
(Post 3796988)
I do not think this information is accurate. CEO recently said in the Q1 2024 earnings call that UPS plans to hire less than 200 pilots. I would imagine 6 classes of 30 and then we are done hiring for the next few years. As 20% of our fleet gets parked, they will let attrition take it's place to keep the staffing numbers in-line. There has always been a disconnect between SDF and ATL. (Case in point, Beard vs. No Beard) In the end, ATL has the final say.
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Originally Posted by jetlaggy
(Post 3796990)
She said less than 200 due to postal contract...they can hire as many as they want and still say less than 200 was due to postal...she trying to downplay the amount of expenditures for this contract to the investors.
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Originally Posted by BoilerUP
(Post 3797028)
BINGO
Anybody thinking otherwise is both "new here" and has never read between the lines of a quarterly earnings transcript. |
Originally Posted by YellowBird
(Post 3796988)
I do not think this information is accurate. CEO recently said in the Q1 2024 earnings call that UPS plans to hire less than 200 pilots. I would imagine 6 classes of 30 and then we are done hiring for the next few years. As 20% of our fleet gets parked, they will let attrition take it's place to keep the staffing numbers in-line. There has always been a disconnect between SDF and ATL. (Case in point, Beard vs. No Beard) In the end, ATL has the final say.
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