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UPS orders 8 747-400Fs!

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BoilerUP

Citation style...
Joined
Nov 11, 2003
Posts
5,311
Reported on AirUPSers.com...

UPS is buying eight new production 747-400 freighters to use on long-haul international routes. The aircraft will be used to “upsize” current MD-11 routes where there is a need for more capacity.

The -400 freighter has the capacity to carry a structural payload of 250,000 pounds with a range of 4,400 nautical miles.

The financial terms of the deal were not disclosed. The first aircraft is scheduled for delivery in June, 2007. In the attached video, Flight District Manager Rick Barr discusses the purchase and what it means for the future of the airline’s “classic” 747s.
 
airupsers.com????

boilerup, come on. really come on. i have seen it listed other places but using airupsers...come on.

(what are you reading that for--;)

fbt
 
BoilerUP said:
Reported on AirUPSers.com...

UPS is buying eight new production 747-400 freighters to use on long-haul international routes. The aircraft will be used to “upsize” current MD-11 routes where there is a need for more capacity.

The -400 freighter has the capacity to carry a structural payload of 250,000 pounds with a range of 4,400 nautical miles.

The financial terms of the deal were not disclosed. The first aircraft is scheduled for delivery in June, 2007. In the attached video, Flight District Manager Rick Barr discusses the purchase and what it means for the future of the airline’s “classic” 747s.


Don't leave us hanging here.... What does it mean for the Classic 747s? Will they be swapped out? How will this impact hiring?

Great news for you guys - a great stepping stone to the A380...
 
LOUISVILLE, Ky.--(BUSINESS WIRE)--Aug. 17, 2005--As part of its on-going
> effort to accommodate strong international volume growth, UPS (NYSE:UPS -
> News) today announced a firm order for eight new Boeing 747-400 freighters
> from Boeing Co.
> ADVERTISEMENT
>
>
>
> Terms of the deal were not disclosed.
>
> Deliveries of the 747-400's will begin in June 2007 and run through 2008.
> UPS has selected General Electric to provide engines for the new aircraft.
>
> "These Boeing 747-400 freighters will allow UPS to smoothly increase
> capacity on its most important international 'trunk' routes connecting
> Asia, Europe and North America," said Bob Lekites, UPS vice president of
> airline and international operations.
>
> UPS today relies on the Boeing MD-11 freighter as its primary
> international workhorse. UPS has 20 of those planes and another eight on
> order. The new 747-400 aircraft, which can handle a larger payload than
> the MD-11, will be used to "upsize" MD-11 routes as international volume
> grows.
>
> In its most recent second quarter, UPS's export volume grew an impressive
> 18.2%, led by Asia export volume gains of 39.5%. China again drove Asia
> with export volume rising 99%.
>
> The Boeing 747-400 freighter has the capacity to carry a structural
> payload of 250,000 pounds with a range of 4,400 nautical miles.
>
> UPS is the world's largest package delivery company and a global leader in
> supply chain services, offering an extensive range of options for
> synchronizing the movement of goods, information, and funds. Headquartered
> in Atlanta, UPS serves more than 200 countries and territories worldwide.
> UPS stock trades on the New York Stock Exchange (UPS) and the company can
> be found on the Web at UPS.com.
>
> Except for historical information contained herein, the statements made in
> this release constitute forward-looking statements within the meaning of
> Section 27A of the Securities Act of 1933 and Section 21E of the
> Securities Exchange Act of 1934. Such forward-looking statements,
> including statements regarding the intent, belief or current expectations
> of UPS and its management regarding the company's strategic directions,
> prospects and future results, involve certain risks and uncertainties.
> Certain factors may cause actual results to differ materially from those
> contained in the forward-looking statements, including economic and other
> conditions in the markets in which we operate, governmental regulations,
> our competitive environment, strikes, work stoppages and slowdowns,
> increases in aviation and motor fuel prices, cyclical and seasonal
> fluctuations in our operating results, and other risks discussed in the
> company's Form 10-K and other filings with the Securities and Exchange
> Commission, which discussions are incorporated herein by reference.
>
>
>
 
bizjournals.com
UPS selects new planes from Boeing
Wednesday August 17, 9:31 am ET

United Parcel Service Inc. has ordered eight new Boeing 747-400 freighters from Boeing Co. to help accommodate strong international volume growth.

Terms of the deal were not disclosed. UPS also has hired Fairfield, Conn.-based General Electric Co. (NYSE: GE - News) to provide engines for the new aircraft.

Chicago-based Boeing (NYSE: BA - News) will deliver the 747-400s to Atlanta-based UPS (NYSE: UPS - News) from June 2007 through 2008. The Boeing 747-400 freighter has the capacity to carry a structural payload of 250,000 pounds with a range of 4,400 nautical miles.

"These Boeing 747-400 freighters will allow UPS to smoothly increase capacity on its most important international 'trunk' routes connecting Asia, Europe and North America," said Bob Lekites, UPS vice president of airline and international operations.

The Boeing MD-11 freighter is UPS' primary international workhorse. UPS has 20 of those planes and another eight on order. The new 747-400 aircraft, which can handle a larger payload than the MD-11, will be used to "upsize" MD-11 routes as international volume grows.

UPS credited double-digit export volume gains in every international region and an increase of 387,000 packages per day in the United States for its 20 percent profit growth in the second quarter. It posted net income of $986 million in the second quarter, as U.S. domestic package revenue grew 5.7 percent to $6.94 billion on 3.2 percent volume growth and international package revenue increased 22.7 percent to $2 billion.

Published August 17, 2005 by the Atlanta Business Chronicle</I>
 
After reviewing the pay rate that UPS pays for the 747 it occurred to me that while many are after the Jet Blue guys on their pay rates for the E190, why haven't the same people hammered the UPS folks for flying 101 heavy jets at narrow body rates?
 
Because that is the way it is. Why does UPS pay wide body rates to fly the 727? Have you ever thought of that?
 
EMBPILOT1 said:
Because that is the way it is. Why does UPS pay wide body rates to fly the 727? Have you ever thought of that?

Because they don't. SWA pays about $192 or so for 12 yr captains starting Sept. 1st.
 
bobs98tlr said:
Plus the pilots have a new contract in the works, IIRC?

Now that can certainly make a difference.

But if you were to compare these pay rates to the rates prior to the legacy slide they would seem rather low. But of course that was prior to the popularity of this forum so no one really had a chance to come after them.
 

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