Originally Posted by
MaydayMark
Is the TA cost
POSITIVE (they actually make a profit!) for Management and they just don't want to say that to stock holders until after it's signed?
Yes, probably FedEx makes billions of dollars on this TA, by changing the deadheading rules to allow lie flat seats.
Notice the article claims that FedEx's management states these things, but doesn't say who that is. They make their own conclusion. Does anyone actually believe that this TA is cost neutral, whether they dislike many provisions of it or not? I suspect this is just keeping the shareholders happy and the stock pumped up, trying to not scare them by talking about the cost of it.