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UPS buying Polar again!

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UPS to purchase Polar Air Cargo
Monday May 16, 09:33 am ET

Purchase, NY.--(BUSINESS WIRE)—May 16, 2005--Moving to expand the capacity of its air network to accommodate strong international growth, UPS (NYSE: UPS - News) today announced a plan to purchase Polar Air cargo in a deal that’s worth a $hit load of money.

"The Deal will allow UPS to effectively meet the fast-growing demands of their customers across a variety of global trade lanes and also replace 45 UPS aircraft thereby furloughing all the new hires. This is an exciting opportunity for the Polar pilots to upgrade and put high paid UPS pilots on the street

Also, the new CEO will be named Freightnazi's. He’s been day dreaming of this position ever since we hired the piece of $hit, said UPS current" President and Chief Executive Officer.

Towards the end of the month our new CEO “Freightnazi's”, will update this board and the public with some more oh his bullsit!!!!

Stay tuned.
 
In other news:

Polar/Atlas are hiring at an alarming rate....characteristic of an upcomming take over.:p
 
CSY Mon said:
Don't sleep well Mr. Whale Rider.....Don't sleep well...

Hmmmm?
 
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FreightNazi said:
Oh well, let's compare W-2's sometime!

you sound like one of those old united captains about 4 years ago. lets hope the good times continue for big brown for your sake because without your money you are the type who would be miserable.
 
I know this sounds crazy...but, isn't Polar owned by Atlas World Wide Holdings, which in turn also owns Atlas Air Cargo? That being said their has to be a seller in order to buy something and who said Polar is for sale?
 
Polar is not for sale. CEO Jeff Erickson came out this morning in a press conference with the share holders to announce the future plans of the company. Expansion plans are on the horizon including a fleet renewal program. Boeing 747-Advance and 777-200LRF's are under study. In Mr. Ericksons words he said "Big is Beautiful" Classics will be phased out and initially replaced by 747-400SF's.

But don't take my word for it you can listen to the press conference on our website. Mind you that all I've said here is FACT not RUMOR.

hehehe.........:D
 
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I've always maintained the only fair way to merge seniority lists in a merger is to compare W-2s. That compensates for the variables of difficulty in getting hired, experience, equipment flown, and everything else. It's also the right thing to do. Whenever I hear "Staple 'em", I know I'm listening to a jerk creating his own bad karma.
 

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