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UPS Airline / Gateway
Local 2727 update
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<blockquote data-quote="Fur-low" data-source="post: 762132" data-attributes="member: 26545"><p><strong>UPS earnings soar 71 per cent</strong></p><p></p><p><strong>11-Aug-2010</strong></p><p>UPS reported a 71 per cent jump over the adjusted earnings of the prior-year period. Global revenue increased 13 per cent, generating a 57 per cent increase in operating profit to US$1.4 billion. Forwarding was the most successful business unit with tonnage growth exceeding 30 per cent. <strong><u>However, margin expansion was limited due to capacity constraints in the global airfreight market</u>......<em>WOUNDER WHAT CAUSED THIS?</em></strong></p><p><strong><em>EVERYTHING IS UP EXCEPT THE AIR SIDE. PARK AIRCRAFT, LAY-OFF PILOTS & MECHANICS & THE AIR SIDE CAN'T KEEP UP!</em></strong></p><p><strong></strong></p></blockquote><p></p>
[QUOTE="Fur-low, post: 762132, member: 26545"] [B]UPS earnings soar 71 per cent[/B] [B]11-Aug-2010[/B] UPS reported a 71 per cent jump over the adjusted earnings of the prior-year period. Global revenue increased 13 per cent, generating a 57 per cent increase in operating profit to US$1.4 billion. Forwarding was the most successful business unit with tonnage growth exceeding 30 per cent. [B][U]However, margin expansion was limited due to capacity constraints in the global airfreight market[/U]......[I]WOUNDER WHAT CAUSED THIS? EVERYTHING IS UP EXCEPT THE AIR SIDE. PARK AIRCRAFT, LAY-OFF PILOTS & MECHANICS & THE AIR SIDE CAN'T KEEP UP![/I] [/B] [/QUOTE]
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