MrFedEx
Engorged Member
FedEx announced today it was purchasing 6 additional 777F's from Boeing. This is odd, since Smith made such a huge deal about absolutely not purchasing any more 777's unless he kept his special RLA deal. So, what's the real story?
Is Smith so confident that he's got the RLA in hand that he just went ahead and bought, or is the 777 such a superior aircraft that he was forced to fold and buy the planes anyway?
In a possibly related story, Boeing announced that an "unspecified" customer had purchased 20 777's but did not want to be identified at this time. Could these be the previous "optional" aircraft that have now been converted to firm orders?
It always amazes me how a company that never has any money to invest in it's people has so much to invest in aircraft and other new technologies. Please remember that the 777 purchases are in addition to agreements for 190 757's, almost all of which will have to undergo expensive passenger to cargo modifications.
That's great to look to the future as far as aircraft go, but what about the present? As usual, what Fred is able to take-away from us will be used to "build the company for the future". In other words, by paying us as little as possible and passing-off every expense he can onto us (like higher insurance premiums) he gets to add to his empire. How many planes will the PPP and the other scams allow Fred to buy? Probably most of them, because of the billions he has saved by preventing us from going union.
I love the argument that the playing field doesn't need to be level and that UPS is the company with the advantage. The advantages are heavily weighted toward FedEx and have been so for many years. How is this fair, and why does one company get to exploit a labor rule that applies to a totally different industry that is completely unrelated to the package delivery business?
Is Smith so confident that he's got the RLA in hand that he just went ahead and bought, or is the 777 such a superior aircraft that he was forced to fold and buy the planes anyway?
In a possibly related story, Boeing announced that an "unspecified" customer had purchased 20 777's but did not want to be identified at this time. Could these be the previous "optional" aircraft that have now been converted to firm orders?
It always amazes me how a company that never has any money to invest in it's people has so much to invest in aircraft and other new technologies. Please remember that the 777 purchases are in addition to agreements for 190 757's, almost all of which will have to undergo expensive passenger to cargo modifications.
That's great to look to the future as far as aircraft go, but what about the present? As usual, what Fred is able to take-away from us will be used to "build the company for the future". In other words, by paying us as little as possible and passing-off every expense he can onto us (like higher insurance premiums) he gets to add to his empire. How many planes will the PPP and the other scams allow Fred to buy? Probably most of them, because of the billions he has saved by preventing us from going union.
I love the argument that the playing field doesn't need to be level and that UPS is the company with the advantage. The advantages are heavily weighted toward FedEx and have been so for many years. How is this fair, and why does one company get to exploit a labor rule that applies to a totally different industry that is completely unrelated to the package delivery business?