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Old 03-25-2020, 08:56 AM
  #39  
dckozak
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Joined APC: May 2005
Position: Rocking chair
Posts: 1,601
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I find the timing of this discussion interesting. True, Fedex is in a good position relative to the greater aviation industry, and will expolt it best they can, as long as they can. As armchair capitalists, working for Fedex, we applaud that. As part of labor, whereas our brothers on the pax side are (soon to be) displaced and banging on the door at Fedex, we can expect nothing less than blank stares from Executive management as they have us under contract for another year than (based on all past practice) a couple more years of delays, counter negotiations, legal maneuvering, etc, till we wear down and accept a sub par contract. Do we have anything in our past history to suggest otherwise??

The A plan WAS the crown jewel of our contract in the past. Favorable governance at the federal level has allowed industries in general and Fedex in particular to decimate various safeguards, pay protections and other negotiated "good deals" of organized labor contracts. Fedex's beancounters have seen the annuity based retirement we (uniquely within Fedex) have and seen to it that if we won't negotiate it away, time and inflation will do their job for them. We thought (naively) that we could avoid an A scale, B scale retirement within our pilot force and instead of protecting the pilots on the property with an improvement in our current plan; we have settled for a withering A plan for all pilots, old and new at Fedex.

Yes we did it to ourselves, those of you in the 50% + who voted for it (and would bet many would not admit to it). We all love draft, VAC buytback and many other goodies that are a good deal for the individual, but hamstring the collective. We are our own worse enemies, and Fedex thanks you for it.

Last edited by dckozak; 03-25-2020 at 09:34 AM. Reason: Claification, not A plan, B plan but differing retirements
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