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Old 03-06-2024, 05:23 PM
  #15  
Dakota
Gets Weekends Off
 
Joined APC: Mar 2007
Posts: 334
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Originally Posted by Maddog64 View Post
Whether or not you believe that the rejected TA was worth 3.8 billion, that is the number that the NMB believes the tTA was worth. I believe they will just see us as greedy pilots, and we are going to get put in the penalty box while we continue to work for 2021 wages.

on a side note has everyone seen Bolck 2and 5 email today. How nice of them to use revenue numbers of 90 and 42.7 billion in stead of profit numbers. Any increase in our wages goes against profit not revenue.
  • FedEx Corporation revenue: $90 billion
  • FedEx Express portion: $42.7 billion
  • Cash on Hand: $6+ billion
  • Stock Repurchase approved: $5.0 billion in Dec 2021 with $1.6 billion left to use
  • $116,986,301 of revenue every day for flying operations
  • 18 days of flying would pay for our entire increase over 4 years (4.9% of a single year)
Our income for the express segment last year was 1.064 billion. That is 1/40 of the revenue. Using their fuzzy math they say 18 days of revenue pays for our increase. That works out to every bit of income that express makes for 720 days. Just shy of 2 years. Cutler and Turner want every bit of the first 2years profit we make.
These two clowns need to be recalled....................especially a rep who doesn't even fly-the-line nor respond to emails.
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