UPS CFO on Boeing 747 Order: It Was Time

The transcript discusses UPS's recent aircraft order, highlighting the long gap since their last delivery. It explains how UPS has adjusted its global network since 2013 to meet increasing demand. The company is known for its capital stewardship and high returns on investment. The new aircraft order aligns with their current fleet, offering operational synergies.

What is the significance of the new aircraft order for UPS?

• It is the largest order in UPS history.

• It introduces a new type of aircraft to the fleet.

• It is the first time UPS is collaborating with Boeing.

• It marks the end of a long period without new deliveries.

Since when has UPS not added new aircraft to its fleet?

• 2009

• 2015

• 2018

• 2013

What has UPS experienced since 2013 in terms of demand?

• A shift from air to ground transportation

• No change in demand

• A 15% increase in both international and domestic demand

• A decrease in international demand

How does UPS manage its capital effectively?

• By investing in new technologies

• By outsourcing its operations

• By maintaining one of the highest returns on invested capital

• By reducing the number of flights

What is a key advantage of the new 747-8 aircraft for UPS?

• They have synergies with the existing 747-400 fleet.

• They are cheaper to operate.

• They have a larger cargo capacity.

• They are faster than the current fleet.