UPS Extension 2020 payrates became industry leading in Sept 2022, and Extension 2022 payrates patterned off of Extension 2020 rates and as of mid-2022 were industry leading through Sept 2025.
Delta AIP'd industry-leading payrates in all categories in December 2022, and ratified a full-term TA with those payrates on March 1st, 2023.
Three months later in June 2023, the FDX MEC voted in favor of sending a full-term TA out for MEMRAT that contained DOS Narrowbody payrates that were 1.6% lower than Delta 738/A320 payrates and Widebody payrates that were 8.38% lower than Delta B764-A350 payrates...payrates which later went up 2% based upon UAL's AIP which became TA2 in July 2023.
You can point a finger at UPS contract extensions as "industry standard" that somehow drug FDX negotiations down all you wat, but that doesn't change the reality that FDX ALPA didn't pattern bargain off the industry-leading rates established by DAL ALPA earlier that year. And that's paying zero mind to the fact that if UPS hadn't have gotten either extension, we'd have been practically right alongside your top WB rate at $337.65.
To be clear, nobody is saying our extensions were awesome...but to achieve parity with Delta/UAL top widebody rates *today*, FDX needs a DOS increase of 33.28% while UPS needs 18.9%.
Good luck to us all.