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Thread: UPS buys TNT!
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Old 27th Mar 2012, 10:22
  #93 (permalink)  
BoeingorIamnotgoing
 
Join Date: Mar 2012
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To all " candide " colleagues.

Yesterday our CEO confirmed that TNT airways will not be sold.
But UPS can't own an European airline !
What is the solution ? As far as I have understood : Split the airline and the new UPS-tnt and find a new european owner ( at least sharing 51% of this new entity). So at least 51 % of the airline will be sold !
Sold to .....? It will be amazing to see Dutch share holders to be granted TNT airways shares as a compensation of the 9.5€ offered by UPS.
We were said yesterday we are not paid enough to buy share of our working tool.

TNT airways will become soon a preferred airline for UPs in Europe as we are marvelous assets!

Wake up :
we will loose the protection of being 100% part of a group.
We will be pilots making wet lease for UPS !
Our new job : circuit breaker for UPS Europe, facing huge pressure to reduce our cost.
No more real development - already phasing out of bae146 fleet and b747 fleet.
Welcome in the world of small operators hanged by the balls.
The management is scared to upset UPS, they want us to keep a low profile !

The deal is great for TNT management but ,if we are not UPS employees, this deal on short to medium term is crap for us!
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