I still find it astounding that my NC brought this marginal TA to the MEC and that the MEC in turn, forwarded it to the membership to decide. All while this corporation is making record profits, rewarding our executives with incredible increases in their pay packages, increasing the dividends for shareholders by almost 300% and buying back $5 billion+/- in stock buybacks since 2011. Our top 5 "key executives" were paid about $22million in 2011 and this year...$37million. THAT's a 68% increase since our last contract!! We settled for 3%/year in 2011 and even less in this TA.
Most of us agree that if passed, this TA is going to be our contract for 8+/- years. That is about a third of most our pilot's careers. THIS is the best we can do for 33% of our careers?
Just to recap, since 2011:
Top 5 FDX executives pay increase--68%
Shareholder dividend increase------300%
Stock buyback----------------------$5 Billion
Pilot salary increase------------two 3% raises
What is wrong with that picture?
Last edited by Busboy; 10-08-2015 at 08:29 PM.