Missing the Main Idea
Maybe I'm missing something, but there is absolutely no negative to the company to invoke section 4 of the contract. Why wouldn't they? They've been buying up lines for awhile now for flying that isn't really happening. By invoking section 4 of the contract, they don't have to buy anything up with no downside. It makes perfect financial sense for FDX. I'm surprised the company didn't do it earlier.... They can always say it was to prevent a "furlough".