... and so do FedEx. Their N-reg, CDG-based Airbuses are used on continental routes. (The real long-haul is done by MD-11s). After all, they created the business, didn't they?

Cheers :cool:

No TNT pilots should welome this news. In 1986 I was a DC-10 captain for one of George Bachelor's companies based in JFK. George got rid of the DC-10s in his inventory to AA overnght at the beginning of 1986 and I was suddenly looking for another job.

Fedex were hiring and this sounded like a great option.

However, it became apparent during the interviews that I would (quite rightly) have to start at the bottom of the Fedex seniority list.

The job offered was S/O on the engineer's panel on the 727.

It was calculated that by the time I had enough seniority to bid for captain on the DC-10 (which was where I was already) I would be 68 years old!

pilots
 

welcome to reality!!!!!!:)

JW411

A friend of mine just upgraded to an Airbus Captain with 6 yrs seniority. It all depends how you bid. He just finished IOE.

Breaking News: FedEx-TNT Talks Returned to Sender
 

Deal Journal - WSJ.com : Breaking News: FedEx-TNT Talks Returned to Sender

July 24, 2008, 10:00 am
Breaking News: FedEx-TNT Talks Returned to Sender

Posted by Dana Cimilluca
Investors betting FedEx will soon mail a takeover offer to Dutch letter- and package-delivery concern TNT may be disappointed.
http://s.wsj.net/media/deal-journal-eurologo.gifRumors of a possible transatlantic purchase of TNT, which now has a market cap of about nine billion euros (or roughly $14 billion), have swirled ever since the Financial Times reported July 11 that FedEx was in “preliminary talks” to acquire TNT. That has helped boost shares of TNT nearly 40% since then.
That rise could prove short-lived. People familiar with the matter tell Deal Journal that even though there were low-level talks about such a deal recently–as there have been many times in the past decade–the discussions didn’t lead anywhere.
Buying TNT, with its strong position in the European market, would turbocharge FedEx’s international expansion at a time of flagging U.S. demand and possibly enable it to trim costs at a time of soaring fuel prices.
But those same headwinds the Memphis, Tenn., company faces would limit its ability to pay the price necessary to get a deal done and likely contributed to the talks being aborted. FedEx reported its first quarterly loss in 11 years in June. Even after a recent rebound, its shares have tumbled 27% in the past year–hardly strengthening its M&A hand.
Another hurdle to a deal is UPS, FedEx’s larger rival in the U.S. UPS has also considered buying TNT is the past, with a private-equity partner, according to another person familiar with the matter. It could be expected to compete with FedEx should FedEx ever get serious about a deal with TNT.
Perhaps the biggest deterrent, however, is TNT’s stock. The company might have looked attractive to FedEx with its stock down more than 40% in the past year. But that was before talk of a possible deal surfaced. The ensuing surge alone would likely be enough to send FedEx packing.
–With Douglas A. Blackmon and Alex Roth

?
 

no smoke without fire...

see how it pans out,

TNT shares rise on talk of breakup by UPS
 

TNT shares rise on talk of breakup by UPS: traders | Industries | Autos & Transport | Reuters

TNT shares rise on talk of breakup by UPS: traders

Tue Jul 29, 2008 1:25pm BST
(Adds analyst comment, updates share price
AMSTERDAM (Reuters) - Shares in Dutch mail company TNT NV (TNT.AS: Quote, Profile, Research) gained more than 4 percent on Tuesday and traders cited media reports saying U.S. rival UPS (UPS.N: Quote, Profile, Research) and a private equity group want to buy and break up the company.
"There is speculation now that a private equity firm wants to buy the mail division and UPS the remainder," trader Rik Zwaneveld at AFS Brokers said.
TNT declined to comment.
Its stock has fluctuated wildly in recent weeks after media reports said U.S. competitor FedEx (FDX.N: Quote, Profile, Research) was in talks to buy the company. The Wall Street Journal last week said the talks had ended. Neither company has commented on the reports.
TNT shares were 4.2 percent higher at 22.80 euros by 7:53 a.m. EDT, outperforming a 0.7 percent lower DJ Stoxx industrial goods and services index.
Analysts said the company is an attractive takeover target because of its express delivery operations in Europe and Asia.
"Strategically it would make a lot of sense for either FedEx or UPS to go after TNT's express division. Equally strategically, it would make sense for a private equity group to go after TNT's mail division," ING analyst Axel Funhoff said.
He said the key question was over financing and what price the parties were willing to pay. TNT holds a partial monopoly of the lucrative Dutch mail market.
Funhoff values TNT at 29 euros on a standalone basis.
(Reporting by Gilbert Kreijger, Joep Polderman and Foo Yun Chee in Amsterdam, Sitaraman Shankar in London; editing by Sue Thomas)

It sounds like a couple of players are licking their chops. It was my understanding that TNT was on sound ground. What happened?

Coke (UPS) and Pepsi (FedEx) war playing out in slow motion. Looks like DHL is going to end up as RC Cola or Dr. Pepper, at least in the US.