FDX-48/60 No Teeth?
11-19-2008 | 12:44 PM
#12
Gets Weekends Off
Joined: Dec 2005
Posts: 376
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From: On the corner, covered in Stickum
Had an intresting discussion with the Capt I flew with last night. We reread the 48/60 clause and I will repost it to discuss...
4.a.2.b
The minimum bid period guarantee shall be reduced to a minimum of 48/60 CH before any pilot is furloughed. At least a full bid period must follow the announcement of this action. This provision shall only be used to prevent or delay a furlough.
The way we read it was they have to drop the MIN bid period GUARANTEE to 48/60, after a bid period notice, but there is nothing in this that says they have to BUILD the LINES to 48/60. IE they could say "OK we are dropping the min guarantee to 48/60 to delay a furlough..." Then they leave the lines alone to what they are now 63/79 range. That would get them out of them having to buy up the lines to the min, as they do right now.
The way we read it was there is no requirement to actually BUILD the lines to 48/60. They would just pay whatever flying there is on the specific line. Any thoughts??
4.a.2.b
The minimum bid period guarantee shall be reduced to a minimum of 48/60 CH before any pilot is furloughed. At least a full bid period must follow the announcement of this action. This provision shall only be used to prevent or delay a furlough.
The way we read it was they have to drop the MIN bid period GUARANTEE to 48/60, after a bid period notice, but there is nothing in this that says they have to BUILD the LINES to 48/60. IE they could say "OK we are dropping the min guarantee to 48/60 to delay a furlough..." Then they leave the lines alone to what they are now 63/79 range. That would get them out of them having to buy up the lines to the min, as they do right now.
The way we read it was there is no requirement to actually BUILD the lines to 48/60. They would just pay whatever flying there is on the specific line. Any thoughts??
11-19-2008 | 01:37 PM
#15
Gets Weekends Off
Joined: Oct 2006
Posts: 666
Likes: 0
From: FedEx
Our customers couldn't care less how many pilots it takes to get their packages to their destinations, so long as they get there on time.
Shipper, reading headline (as if they would ever bother to read the small print on page 23 of the business section) "FedEx furloughs 600 pilots": yawn.
Shareholders might have a different reaction (I think they would applaud a cut in costs and would react favorably, as would the market), but the customers, no way. We could be using moonbeams for all they know or care.
FJ
Shipper, reading headline (as if they would ever bother to read the small print on page 23 of the business section) "FedEx furloughs 600 pilots": yawn.
Shareholders might have a different reaction (I think they would applaud a cut in costs and would react favorably, as would the market), but the customers, no way. We could be using moonbeams for all they know or care.
FJ
11-19-2008 | 01:53 PM
#16
Gets Weekends Off
Joined: May 2007
Posts: 151
Likes: 0
For christ's sake, please stop the furlough talk. It isn't going to happen. Cost reduction plans, talking with shippers, manning mitigation strategies? Come on guys, wild speculation isn't helping anybody, in fact it's getting pretty ridiculous. Unless you're Fred Smith and/or Dave Bronczek, you don't have enough information to make any educated opinions on the future plans of this multi-billion dollar, multi-national corporation.
Please get over yourself. You're not that smart.
Please get over yourself. You're not that smart.
11-19-2008 | 02:03 PM
#18
Gets Weekends Off
Joined: Aug 2006
Posts: 3,931
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11-19-2008 | 06:36 PM
#20
Line Holder
Joined: May 2006
Posts: 1,115
Likes: 5
From: Excessed WB Capt.
Most shippers will not even know if we furlough pilots. Why would they care.
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