FedEx Donates 727 to PAI

Discussion in 'FedEx Discussions' started by UpstateNYUPSer, Jul 5, 2011.

  1. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

  2. LTFedExer

    LTFedExer New Member

  3. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    Sure. I guess FedEx will also be providing parts and training. This is great PR and a major coup for PAI.
     
  4. LTFedExer

    LTFedExer New Member

  5. Official Dill

    Official Dill New Member

     
  6. bbsam

    bbsam Moderator Staff Member

    Looks like everyone benefits. Good deal.
     
  7. Mr. 7

    Mr. 7 The monkey on the left.

    Awesome.
    Fred buys more favors from congressman.
     
  8. Cactus

    Cactus Just telling it like it is

    That's pretty much it in a nutshell.

    What looks like a contribution is just gonna line Fred's pockets more down the road.
     
  9. bbsam

    bbsam Moderator Staff Member

    So now Chuck Schumer is in Fred's pocket?
     
  10. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    ...as well as his "little girl" Kristen Gillibrand.
     
  11. bbsam

    bbsam Moderator Staff Member

    She can be in my pocket.
     
  12. 59 Dano

    59 Dano Well-Known Member

    Not that much of one. The value of the plane reduces the company's taxable income. For example, if it's worth a million bucks and FDX's tax bracket is 35%, it's a tax savings of $350k.
     
  13. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

  14. MrFedEx

    MrFedEx Engorged Member

    Bingo! What do you do with an obsolete, fuel-guzzling, noisy jet that can't even be sold to a Third World country? Make a big PR stink and donate it for a big fat deduction.
     
  15. LTFedExer

    LTFedExer New Member

    You don't believe anything the FedEx reps tell you, why do you believe there's no writeoff?