Q1 earning call
04-28-2024 | 08:08 AM
#1
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maxing the min/Moderator
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Q1 earning call
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.
04-28-2024 | 09:25 AM
#2
Line Holder
Joined: Oct 2023
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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.
04-28-2024 | 10:02 AM
#3
Doing One Pilot's Job
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04-28-2024 | 10:18 AM
#4
On Reserve
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If reading between the lines makes you feel warm and fuzzy, go right ahead.
04-28-2024 | 10:58 AM
#6
Doing One Pilot's Job
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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.
04-28-2024 | 01:09 PM
#7
CHILLAX
Joined: Dec 2023
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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.
04-28-2024 | 01:56 PM
#8
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From: MD-11
You really think investors and analyst give two sh@ts about if UPS is hiring 200 or 400 pilots for a $1.7B USPS contract and a $90B Revenue company. Get Real. They don't.
04-28-2024 | 01:59 PM
#9
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From: MD-11
04-28-2024 | 02:12 PM
#10
Gets Weekends Off
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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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