Originally Posted by XprsFr8r

I agree that we shouldn't make like ostriches and feel all nice and comfy because of FedEx's past success. On the other hand, the lesson to learn from Pan Am (and Eastern, TWA, Braniff, etc.) is that a company has to continually adjust to the market and remain competitive. Deregulation was the game changer that lead to the demise of those great airlines. I view the changes that we are making as sound, strategic moves to keep us healthy, profitable and competitive.

The impact for the pilot group in the short term is likely more seat shifting, but I don't see 4A2B raising its head again. We may not hire as many as before (see other poster comment on "organic growth"), but we've still got significant numbers of retirements on the horizon which should mean job security for those on the property already. Granted, seat progression may be at a snail's pace, but for me it beats the alternative.

Call me naive, but I don't see black helicopters in this announcement.