UPS announced today during our quarterly earnings report that we will accelerate the retirement of our DC-8 fleet. The fleet will be retired by the end of May 2009. UPS has planned for several years to retire the DC-8 by 2013 as part of the Airline’s ongoing fleet modernization strategy. Given reduced air volume, we are flying a more optimized network and are thus able to accelerate this fleet’s planned retirement. The acceleration of the DC-8 fleet retirement has no negative impact on our customers, our geographic service areas, or our product service levels. The DC-8 was the last UPS fleet-type to operate with a three-person crew. The retirement of the DC-8 will result the loss of the flight engineer position in our workforce. Under FAA regulations, approximately 40 UPS flight engineers will be ineligible to transition to a captain or first officer crewmember position in our remaining fleet. As such these pilots will go on an inactive status. Overall, UPS has approximately 270 crewmembers assigned to the DC-8 fleet. The absence of the DC-8 will add to our flight crew overstaffing situation. As such, we are continuing to explore options regarding this overstaffing. Just another excuse for more layoffs in the aircraft maintenance dept.