EuroWheenie
Well-known member
- Joined
- Jan 15, 2005
- Posts
- 2,487
Was at a meeting with some very senior boffins earlier this week, and were given briefings on various topics. One of them was, obviously, our business in the US.
To make a long story short, there will be roughly 40000 lay-offs - including contractors. ABX is considered a contractor. The UPS deal is all but stalled, but since it'll cost USD 500 Million if either of the parties back out of the deal prematurely, nothings happening at the moment. February 1st will see the obvious statement that the deal is dead; DHL is quitting the US domestic market, so the lift is not required.
Speaking of lift, the future air network in the US will consist of between 20 and 30 jet aircraft. Types to be flown are the A300s, 767 and DC-8 - with the DC-8 likely to be axed if the number of aircraft required is closer to 20 than 30. Whichever airline(s) will be doing the job will integrate fully with the way DHL does business in the rest of the world. No C-cans; adopting the same rules, procedures and standards as everyone else. Note, I'm not talking about the actual flying SOPs here, "just" everything else.
Nothing firm about where the hub will be located. If you're a gambling man, somewhere in Kentucky might not be a bad bet.
The revenue will be decreased by roughly 92%(!), with an expected daily volume of around 100K shipments, down from around 1.5 million. Cost savings to the tune of around 750 million/year, and the US just might turn a (very small) profit. Still, we lost around 1 Billion EUR in the US last year.
DHL Express made a profit of around 200 million EUR in 2008.
In other news, the first factory fresh B767 freighters will be coming in August (1) and December (2) this year. First aircraft (originally intended for trans-atlantic flights) will be employed on other routes. Next two aircraft may also fly "somewhere" else than the US, as a consequence of the current state of the US economy. The remaining 3 aircraft on order have been deferred to late 2010/early 2011. They'll be operated by wholly owned airline DHL Air UK (DHK), but crewed by both DHK and EAT.
To make a long story short, there will be roughly 40000 lay-offs - including contractors. ABX is considered a contractor. The UPS deal is all but stalled, but since it'll cost USD 500 Million if either of the parties back out of the deal prematurely, nothings happening at the moment. February 1st will see the obvious statement that the deal is dead; DHL is quitting the US domestic market, so the lift is not required.
Speaking of lift, the future air network in the US will consist of between 20 and 30 jet aircraft. Types to be flown are the A300s, 767 and DC-8 - with the DC-8 likely to be axed if the number of aircraft required is closer to 20 than 30. Whichever airline(s) will be doing the job will integrate fully with the way DHL does business in the rest of the world. No C-cans; adopting the same rules, procedures and standards as everyone else. Note, I'm not talking about the actual flying SOPs here, "just" everything else.
Nothing firm about where the hub will be located. If you're a gambling man, somewhere in Kentucky might not be a bad bet.
The revenue will be decreased by roughly 92%(!), with an expected daily volume of around 100K shipments, down from around 1.5 million. Cost savings to the tune of around 750 million/year, and the US just might turn a (very small) profit. Still, we lost around 1 Billion EUR in the US last year.
DHL Express made a profit of around 200 million EUR in 2008.
In other news, the first factory fresh B767 freighters will be coming in August (1) and December (2) this year. First aircraft (originally intended for trans-atlantic flights) will be employed on other routes. Next two aircraft may also fly "somewhere" else than the US, as a consequence of the current state of the US economy. The remaining 3 aircraft on order have been deferred to late 2010/early 2011. They'll be operated by wholly owned airline DHL Air UK (DHK), but crewed by both DHK and EAT.
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