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I thought it was "just the facts, ma'am" too.
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Originally Posted by 757Slug
(Post 288603)
I believe this includes a tax hit of over 350 million a year. FedEx would have to buy and maintain the trucks, health, retirement, and better wages. Many of the drivers make very little for the work that is done and want better wages. This is the reasoning behind the lawsuit. The number of 1.3 Billion is not my number and the article is to old on yahoo to pull up. This was the main reason that I chose to fly for UPS vs FedEx. I will post the article if I can locate it.
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Originally Posted by Sideshow Bob
(Post 288660)
Oddly enough, this isn't even the end of it. As I said (to much scolding of the apparent kool-aid drinkers) when Fred learns to drive long haul trucks and use rail as efficiently as UPS it will have as great or greater impact than age 65. UPS has always paid far better, with far better benefits to it's drivers. Now that the playing field may be getting leveled the landscape may change yet more. As union members you'd think the Fed Ex pilots would support improving working conditions and more union membership. Keep in mind that if they do all unionize they might well consider supporting you guys next contract instead of Fred threatening to shut the whole thing down. Face facts fellas, you're past V1 regards one big happy non-union family thing. How you adapt now will determine your place in the brave new world. As Jack Nicholson would say, "...act accordingly..."
PS I think we will be alright unless Fred reads your post and discovers what he is missing! Grape Koolaid is best |
Originally Posted by MaydayMark
(Post 288570)
I actually did think of the "RED LETTERS" as I read the FCIF. I had a different read on it though. I thought PC was rather complimentary of the pilot's contribution to the company. He made a point of saying he has NO PLANS TO FURLOUGH (at least at this point). I'm a bit concerned about the bad precedent of canceling bid awards but, it appears the contract permits it.
All-in-all, I saw the FCIF as simply stating facts (weak economy, over manned, 3-man to 2-man airplane transition, age 65, etc.). Flight management is usually hesitant to put that sort of stuff in writing (I suspect for liability reasons?). I appreciated the straight forward professional tone of the FCIF. Mark |
Originally Posted by MaydayMark
(Post 288570)
I actually did think of the "RED LETTERS" as I read the FCIF. I had a different read on it though. I thought PC was rather complimentary of the pilot's contribution to the company. He made a point of saying he has NO PLANS TO FURLOUGH (at least at this point). I'm a bit concerned about the bad precedent of canceling bid awards but, it appears the contract permits it.
All-in-all, I saw the FCIF as simply stating facts (weak economy, over manned, 3-man to 2-man airplane transition, age 65, etc.). Flight management is usually hesitant to put that sort of stuff in writing (I suspect for liability reasons?). I appreciated the straight forward professional tone of the FCIF. Mark |
Originally Posted by FR8Hauler
(Post 288713)
I agree. I don't think it is a bluff it is just business. They are not making it up that we have over 150 very senior guys coming back and a majority of the crew force who will now work until 65. Don't have to be a rocket scientist to figure out that this equates to fewer new hires and fewer upgrades.
Folks, this DOESN'T MAKE FINANCIAL SENSE! Consider this: 1. We are FAT, MOSTLY in the S/O seats (727)/(DC-10) 2. Current rates are $123.91 for the 72 or $140.90 for the 10 3. If the company opens those 200 seats up to the over 60 crowd, they all go to $231.65/hr. (at least a $90 pay increase per hour!) 4. The folks they bump out are all around $220/hr ($12/hr difference) 5. Those folks will most likely populate narrowbody Captain spots at $195/hr. ($25/hr paycut - BUT $55 MORE PER HOUR THAN THEY ARE PAYING THE OVER 60 CROWD TO STAY PUT. To me it makes NO SENSE to do this. What they SHOULD do is NOT open a bid for then next 2 year till the 777 shows up. Then they purge a bunch of the 200 or so that will be over 63 that are in the back now. Negotiate a side-letter that disallows the migration from 60yrs old to a S/O seat where a vacancy doesn't exist (can't believe they have allowed this to happen this long as it is). In the end, the company would save MILLIONS on pay and training in just the next two years. |
Originally Posted by MAWK90
(Post 288775)
Folks, this DOESN'T MAKE FINANCIAL SENSE! Consider this:
1. We are FAT, MOSTLY in the S/O seats (727)/(DC-10) 2. Current rates are $123.91 for the 72 or $140.90 for the 10 3. If the company opens those 200 seats up to the over 60 crowd, they all go to $231.65/hr. (at least a $90 pay increase per hour!) 4. The folks they bump out are all around $220/hr ($12/hr difference) 5. Those folks will most likely populate narrowbody Captain spots at $195/hr. ($25/hr paycut - BUT $55 MORE PER HOUR THAN THEY ARE PAYING THE OVER 60 CROWD TO STAY PUT. To me it makes NO SENSE to do this. What they SHOULD do is NOT open a bid for then next 2 year till the 777 shows up. Then they purge a bunch of the 200 or so that will be over 63 that are in the back now. Negotiate a side-letter that disallows the migration from 60yrs old to a S/O seat where a vacancy doesn't exist (can't believe they have allowed this to happen this long as it is). In the end, the company would save MILLIONS on pay and training in just the next two years. |
Originally Posted by MAWK90
(Post 288775)
Folks, this DOESN'T MAKE FINANCIAL SENSE! Consider this:
1. We are FAT, MOSTLY in the S/O seats (727)/(DC-10) 2. Current rates are $123.91 for the 72 or $140.90 for the 10 3. If the company opens those 200 seats up to the over 60 crowd, they all go to $231.65/hr. (at least a $90 pay increase per hour!) 4. The folks they bump out are all around $220/hr ($12/hr difference) 5. Those folks will most likely populate narrowbody Captain spots at $195/hr. ($25/hr paycut - BUT $55 MORE PER HOUR THAN THEY ARE PAYING THE OVER 60 CROWD TO STAY PUT. To me it makes NO SENSE to do this. What they SHOULD do is NOT open a bid for then next 2 year till the 777 shows up. Then they purge a bunch of the 200 or so that will be over 63 that are in the back now. Negotiate a side-letter that disallows the migration from 60yrs old to a S/O seat where a vacancy doesn't exist (can't believe they have allowed this to happen this long as it is). In the end, the company would save MILLIONS on pay and training in just the next two years. |
200 seats seems to be the number that has been floating around......not exact obviously. If you excess a S/O that can hold MD-11 Captain, correct me if I am wrong, he displaces the junior MD-11 Captain if the company deems that junior MD Cpt as a newly generated excess. The "bumpees" go where they can hold a seat, thus bumping out the junior folks and on and on till the break of dawn.......as the song goes.
Honestly, we are all speculating here anyway. We'll find out soon enough I guess. |
[quote=Sideshow Bob;288660]Oddly enough, this isn't even the end of it. As I said (to much scolding of the apparent kool-aid drinkers) when Fred learns to drive long haul trucks and use rail as efficiently as UPS it will have as great or greater impact than age 65. quote]
Hard to drive a truck from China |
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