UPS buys TNT!
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That figures, just research UPS' acquisitions of Challenge Air and Menlo for a track record of what UPS does. They don't want any more stinkin' planes or pilots, they just want your routes.
Best case, TNT Air becomes an EU contractor for UPS; worst case they dry up on the vine and go out of business.
Best case, TNT Air becomes an EU contractor for UPS; worst case they dry up on the vine and go out of business.
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So, what we will see in Europe is a lot of pilots moving outside Europe to look for a job, because their job is being done by an outsider.
Mmm... I wonder if the same happen in USA, what would happen? It sounds Ironic.
Good luck to all "Qualities"!
Mmm... I wonder if the same happen in USA, what would happen? It sounds Ironic.
Good luck to all "Qualities"!
.
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Hi fellows,
Fox business news are not true. TNT Airways will keep operating. At least in Europe. UPS, according to european regulations, cannot buy more than 49% of the airline, so they will need to restruture or merge their operations in Europe.
Probably after all, we will see less browntails in Europe unless TAY's airplanes are painted in brown.
Regards to all.
Fox business news are not true. TNT Airways will keep operating. At least in Europe. UPS, according to european regulations, cannot buy more than 49% of the airline, so they will need to restruture or merge their operations in Europe.
Probably after all, we will see less browntails in Europe unless TAY's airplanes are painted in brown.
Regards to all.
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Originally Posted by Skystar02
Fox business news are not true.
"UPS and TNT plan to sell [TNT Airways] to comply with EU regulations," UPS spokesman Norman Black said.
UPS noted that both companies "shall endeavour to ensure that TNT's airline operations will be able to continue to operate despite the change in ownership and control."
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UPS noted that both companies "shall endeavour to ensure
I've been with UPS 21 years - they blatantly ignore what we think is black and white contract language. Hell, we can't even agree what a "day off" really means! (calendar day, domicile day, Z day, rolling 24 hour day, ...)
The "will try", "will attempt" language in our contract is a joke. Of course we were stupid enough to fall for it in the first place.
UPS will get whatever they want, they're no more afraid of the European Parliament than they are of the US Congress or the Chinese Government. They'll make the appropriate "campaign contributions" and their business will go forward. Look what happened to us in the U.S. with the "cargo cutout".
Not only did they actively lobby for a cargo cutout (there were several management pilots who testified before Congress), they then had the nerve to lie to our faces afterward and said they didn't seek a cargo cutout. Trust me - you're not dealing with rational people here.
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This " three - for - all " between UPS , DHL and FedEx is shaping up to be a good fight for world logistic domination. The recent takeover of TNT is just another chess move within the game these 3 play globally . History will decide if it was a good move or not. I wish them good luck. With 30 % of revenues , (and increasing) coming from internet activity / online purchases and the door to door service these companies provide , there`s plenty of money to be made in the years ahead as the world economy grows. This is a battle that will be fought for the next 20 years , perhaps longer. Meanwhile , ...will there be a Chinese or Indian company that emerges to compete ? Will the Chinese government allow any/ all of these 3 ( foreign ) freight carriers domestic rights for any long term period or anything other than that which benefits China ? Is it too early to hope for a reality show or am I too late with my ..ahem..... pilot ?
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Meanwhile , ...will there be a Chinese or Indian company that emerges to compete
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I'm probably know that UPS's speech is according to their intentions.
Anyway, TNT does not own only one airline in Europe, but two. Pan Air is also a TNT airline and older than TAY. Both fly for TNT network and both fly to destinations UPS cannot in Europe. UPS's contractors are too slow to fly that routes...
The reality is that UPS cannot get the control of that two airlines. I know they will have the determination of looking for the legal structure to control both airlines and close them down. Unitl that happen TNT cannot be sold regardless the agreement they have. UPS knows it.
Jobs cutting will be in both sides, UPS does not create jobs in Europe, this merge will cause jobs loosing in both sides.
Anyway, TNT does not own only one airline in Europe, but two. Pan Air is also a TNT airline and older than TAY. Both fly for TNT network and both fly to destinations UPS cannot in Europe. UPS's contractors are too slow to fly that routes...
The reality is that UPS cannot get the control of that two airlines. I know they will have the determination of looking for the legal structure to control both airlines and close them down. Unitl that happen TNT cannot be sold regardless the agreement they have. UPS knows it.
Jobs cutting will be in both sides, UPS does not create jobs in Europe, this merge will cause jobs loosing in both sides.
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Jobs cutting will be in both sides, UPS does not create jobs in Europe, this merge will cause jobs loosing in both sides
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Not impossible to get rid of TNT Air, but not as easy as made to be either.
TNT Air has, and uses, cabotage rights, and rights to points beyond Europe set in bilaterals that depend very much on the nationality of the carriers involved. UPS may need TNT Air to keep a 777 or two to fly to China or India or Russia... It can be tricky, just ask DHL. They still route their LOS flight through BRU because they can't get the rights transferred to LEJ.
TNT Air has a deal with the regional government (LGG owner) running until 2036 for incentives and preferential terms. UPS can still close TNT Air overnight, but it will cost some cash.
CGN cannot handle the TNT volume even with current expansion work, and I don't think (could be wrong) that UPS has enough spare air capacity to handle it either. So unless UPS has a magic wand to double CGN and a bunch of aircraft parked in the sand, it will need LGG and TNT's fleet at least for several years. I can see the 146s gone soon, but the 737s will remain and be augmented with a handful of 757s.
If you are keeping score, there's a sure US victim already. The ABX/ATI (can't remember which) flying for TNT will most likely end ASAP.
A not-so-insignificant detail many seem to miss. UPS' European network is optimized for Europe-ROW traffic, the larger share of its current business. Buying TNT gives UPS a massive boost in its intra-Europe operations and it may need to make significant changes to its network. It makes predicting the future of TNT Air that much more difficult.
Which one?!? Right now, DHL is out of reach at #1 in Europe. Combining UPS and TNT gives them a (small) chance to fight for #1. FedEx is already marginal and will be even more so.
Expect DHL and FedEx to try everything to block this.
TNT Air has, and uses, cabotage rights, and rights to points beyond Europe set in bilaterals that depend very much on the nationality of the carriers involved. UPS may need TNT Air to keep a 777 or two to fly to China or India or Russia... It can be tricky, just ask DHL. They still route their LOS flight through BRU because they can't get the rights transferred to LEJ.
TNT Air has a deal with the regional government (LGG owner) running until 2036 for incentives and preferential terms. UPS can still close TNT Air overnight, but it will cost some cash.
CGN cannot handle the TNT volume even with current expansion work, and I don't think (could be wrong) that UPS has enough spare air capacity to handle it either. So unless UPS has a magic wand to double CGN and a bunch of aircraft parked in the sand, it will need LGG and TNT's fleet at least for several years. I can see the 146s gone soon, but the 737s will remain and be augmented with a handful of 757s.
If you are keeping score, there's a sure US victim already. The ABX/ATI (can't remember which) flying for TNT will most likely end ASAP.
Much of our intra-Europe flying is actually a "change of gauge," where our larger MD11 and 744, fly into our Cologne hub from Asia, the Middle East, and North America, gets sorted and delivered to points beyond on our "smaller" 767 aircraft
But I can clearly see an upside to FedEx and DHL in this UPS deal.
Expect DHL and FedEx to try everything to block this.
Last edited by gtf; 27th Mar 2012 at 06:30.
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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!
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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Of course you've got this going for you: (is there an ultra-sarcastic, gag on my vomit font?)
UPS Named "Most Ethical"
UPS is the only U.S.-based transportation and logistics company recognized
After a rigorous assessment of our compliance and ethics program in 2011, UPS was named as one of 2012 World’s Most Ethical Companies. There were more than a thousand companies who participated in the assessment and 145 companies received the “World’s Most Ethical Companies” designation for this year from Ethisphere Institute.
The Ethisphere Institute, a leading international think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability puts together every year a list of the World’s Most Ethical Companies, highlighting organizations that show leadership in promoting ethical business standards.
These companies go beyond making statements about doing business “ethically” and translate those words into action, introducing innovative ideas to benefit the public and compelling their competitors to follow suits.
The World’s Most Ethical Companies have incorporated ethics into business practices whether domestic or international, retail or B2B, and have been able to thrive despite an ever-changing global regulatory environment.
UPS Named "Most Ethical"
UPS is the only U.S.-based transportation and logistics company recognized
After a rigorous assessment of our compliance and ethics program in 2011, UPS was named as one of 2012 World’s Most Ethical Companies. There were more than a thousand companies who participated in the assessment and 145 companies received the “World’s Most Ethical Companies” designation for this year from Ethisphere Institute.
The Ethisphere Institute, a leading international think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability puts together every year a list of the World’s Most Ethical Companies, highlighting organizations that show leadership in promoting ethical business standards.
These companies go beyond making statements about doing business “ethically” and translate those words into action, introducing innovative ideas to benefit the public and compelling their competitors to follow suits.
The World’s Most Ethical Companies have incorporated ethics into business practices whether domestic or international, retail or B2B, and have been able to thrive despite an ever-changing global regulatory environment.
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UPS is the only U.S.-based transportation and logistics company recognized
After a rigorous assessment of our compliance and ethics program in 2011, UPS was named as one of 2012 World’s Most Ethical Companies. There were more than a thousand companies who participated in the assessment and 145 companies received the “World’s Most Ethical Companies” designation for this year from Ethisphere Institute.
After a rigorous assessment of our compliance and ethics program in 2011, UPS was named as one of 2012 World’s Most Ethical Companies. There were more than a thousand companies who participated in the assessment and 145 companies received the “World’s Most Ethical Companies” designation for this year from Ethisphere Institute.
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What about the Star Air ACMI lease with UPS ?
11 x 767-200F operated on UPS business in Europe ... contract renewed or not renewed ? Was that not coming close up for a decision these days ?
Does anybody here know the fate of Star Air ? I heard rumours about yet another 767F recently leased in ... could be a sign that something's up ?
Champagne for Sören Gregersen, oder ?
Does anybody here know the fate of Star Air ? I heard rumours about yet another 767F recently leased in ... could be a sign that something's up ?
Champagne for Sören Gregersen, oder ?
