UPS buying Polar again!

[Jeff Helgeson]

Fact or fetish....

Wrong again...the slots out of China, Japan and Korea are the slots I've been talking about.

.....it sounds like you really know your Asian slots!!!

 

[BusterHymen]

Self Loading Freight

Polar is not for sale. CEO Jeff Erickson came out this morning in a press conference with the share holders to announce future plans for 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 see listen to the press conference on our website. Mind you all that I've said here is FACT not RUMOR.

hehehe.........

Jeff Erickson also said that we are looking at the ACMI passenger market!

 

[furloughfodder]

Passengers......ick

 

[heilhaavir]

Hey freightnazzi where's that big announcement??? Or is it next month

 

[IHaveAPension]

Hey freightnazzi where's that big announcement??? Or is it next month

If you will take the time to read his first post, he states that it is a RUMOR only.

 

[Fuzzy]

5 years with Polar- 5 years of UPS rumors. Then it is FedEx, and then DHL. It just depends on the time of the year. Ain't gonna happen!!! And we do have a scope clause.

 

[furloughfodder]

TWA had a scope clause too....

 

[JohnnyCash]

okay--so i have been hearing and reading about ups and atlas/polar for sometime. i decided to make a call and see whats up. i called someone who knows someone who actually golfs with this guy at his club that is friends with this gal that happens to work for someone who sees a guy who actually may know. so it was told to me that it is rumor. unfort. this other person called back and said they can't comment on the fact that it may or may not be a rumor indeed. so there it is--i hope my research has offered some clear answers.

john

 

[Fuzzy]

Now that I can believe!!

 

[waazzuuuup!!]

Furloughfodder,


TWA was going to go out of business when AA bought them.
If AA decided not to buy, everyone at TWA would have been out of work.

So, its work and go to the bottom of the list or go out of business.

As a result the TWA pilots got saved and therefore got a better deal than going bust and out of work.

There you have it!!!

Polar is not in the same TWA situation.

L8

 

[27 driver]

That is what UPS does. They will buy out all the competition and put pilots out on street. They just purchased Menlo and probably by the first quarter of 06, they will put most of the contract pilots there on unemployment, not to mention over 1500 Menlo employees. What I don't understand is why they are talking about a strike. They have to be about the highest paid in the industry.

 

[furloughfodder]

Furloughfodder,


TWA was going to go out of business when AA bought them.
If AA decided not to buy, everyone at TWA would have been out of work.

So, its work and go to the bottom of the list or go out of business.

As a result the TWA pilots got saved and therefore got a better deal than going bust and out of work.

There you have it!!!

Polar is not in the same TWA situation.

L8

I don't want this thread hijacked, so I will leave it at this:

I was there for the AA Buyout, and you aren't even CLOSE to knowing what you are talking about. The bankruptcy was a pre-packaged deal that came about only as a result of the buyout. TWA wasn't going anywhere. There were people standing in line waiting to loan TWA more money if they needed it to survive. Just look at how long UAL has floundered around in Chap 11. But the point is, TWA probably wouldn't have even had to file.


Many people believe that if AA had not bought TWA, they would be one of the strongest Low Cost Carriers in the market with one of the newest fleets today....with an international and domestic route structure.