Here is the part of the FEDEX position:
You may have seen reports in the media recently regarding one of the provisions that was included in the documents related to our recent exercise of our option to purchase 15 additional B777F aircraft. The clause stipulates that if FedEx Express or any of its employees is removed from the jurisdiction of the Railway Labor Act, the purchase of those aircraft is canceled.
This provision was included in the contract as a precaution against a major change in the circumstances of our business – the circumstances upon which we based our fleet plans. It is a reasonable contingency to put in place because a change of that magnitude could affect the structure of our network or the fundamentals of our business model.
The issue of RLA jurisdiction is one that we have discussed in detail a number of times over our 36 year history. FedEx Express has been covered by that law since the company’s first day of operation. It is an issue that will continue to receive significant media attention in the coming weeks as UPS and the Teamsters continue their combined lobbying efforts with Congress to disrupt our status under the law.