Let me see if I got this straight. Fedex wants labor concessions, pbs and frozen pension, just like most of the bankrupt pax carriers got, without going into bankruptcy. But at the same time they want to spend $2 billion buying back their own stock. Does that mean fedex wants us to fund their stock buy back. Sign me up for some more of that!
If it's our own negotiating committee proposing the frozen A plan, it sounds like Stockholm syndrome.