Print    E-mail Updates    RSS Feeds

Current Press Releases

UPS to Hire 200 New Pilots

LOUISVILLE, Feb. 10, 2005 – UPS (NYSE:UPS) today announced it will hire an additional 200 pilots to support the growth and expansion of its air business.

This announcement brings the total number of UPS’s new pilot hires to 300 when combined with the 100 new pilot hires the company announced in October 2004. The company expects to complete its hiring process by the end of the year.

UPS’s decision to hire additional pilots is driven by several business factors including attrition and recent aircraft acquisitions. The company continues to evaluate staffing levels to meet the needs of its business.

“UPS sees growth opportunities for our air business in the years ahead,” said Bob Lekites, vice president of UPS Airlines and international operations. “We want to ensure that we continue to run the most reliable and safest airline in support of that growth.”

UPS’s international route structure continues to grow with 12 new China flights. In addition, new aircraft are being added to the fleet. UPS expects delivery of 13 A300s and 11 MD-11 aircraft during the next two years. The company also recently announced the acquisition of 10 Airbus A380s, which it plans to begin flying in 2009.

“We continually evaluate and adjust the company’s air network to meet the needs of our customers,” Lekites added. “Our strong growth has increased our need for additional aircraft and pilots.”

UPS is the world’s largest package delivery company and a global leader in supply chain services, offering an extensive range of options for synchronizing the movement of goods, information, and funds. Headquartered in Atlanta, UPS serves more than 200 countries and territories worldwide. UPS stock trades on the New York Stock Exchange (UPS) and the company can be found on the Web at UPS.com.

# # #

Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements, including statements regarding the intent, belief or current expectations of UPS and its management regarding the company's strategic directions, prospects and future results, involve certain risks and uncertainties. Certain factors may cause actual results to differ materially from those contained in the forward-looking statements, including economic and other conditions in the markets in which we operate, governmental regulations, our competitive environment, strikes, work stoppages and slowdowns, increases in aviation and motor fuel prices, cyclical and seasonal fluctuations in our operating results, and other risks discussed in the company's Form 10-K and other filings with the Securities and Exchange Commission, which discussions are incorporated herein by reference.

• Mark Giuffre
  UPS Airlines
  502-329-3060