Ready2Fly said:
I know that FedEx lost it's shorts when they first started to fly in Europe, but UPS has been profitable there from day one, probably using FedEx's problems their as a guide of what not to do.
It's almost impossible to determine where a company that does business internationally makes money, and where they don't. I'm no MBA, but I've taken enough business and accounting courses to know that there are a million ways to make a company appear profitable when it's not (ala Enron) and ways to make it look like a stinker, when in fact it's making money hand-over-fist (ala DHL's domestic operations. Remember
their IRS problems a few years ago?).
The problem with working for DHL long-term is that they detest employees in general, and unions in particular. Hence, the spin-off of ASTAR and ABX. Not that UPS and FedEx didn't have something to say about that, but by making "their" in-house airline basically just another ACMI carrier, it gave them a tremendous advantage in keeping their labor costs down. If I live to be a thousand, I will
never understand why "Brown" and "Purple" pushed the issue of "foreign ownership," especially when it was such a losing argument to begin with. That is, of course, unless they plan to spin their own airline ops off at some time in the near future, citing the "competitive advantage" of DHL's operation.
The only "universal truth" I see to working for ANY airline right now, is that by the time you get hired by whatever one is currently at the top of the "A" list, it's Golden Age" has already passed and you're working for a company in decline. It's like playing "Whack-a-Mole" with your career, I tell ya...
BOP! Continental!
BOP! Flying Tigers!
BOP! American!
BOP! United!
BOP! Delta!
BOP! JetBlue!
BOP! FedEx!
BOP! UPS!
BOP! ...??????