So same rules apply to LCA as they do instructors for the purposes of being able to hold a category?

That looks like it could be a lot of fun! Who wants to split it with me?

At 1.8 million, I think we're gonna have to have a group of about 20!

excellent analysis.

FedEx Agrees to Buy Boeing 757 Jets From United
By BOB SECHLER

FedEx Corp. disclosed plans Thursday to buy up to 30 Boeing Co. 757 passenger jets from United Airlines and convert them to carry cargo as part of the freight carrier's fleet renewal strategy.

The company agreed to buy an initial batch of 14 jets that will start arriving later this year and continue through 2015, as well as options to acquire an additional 16, according to a regulatory filing.

FedEx has slowed purchases of new jets and may even park some jets because of industrywide air-freight overcapacity and a shift by shippers to cheaper delivery options, but it's continuing to shed older, less fuel-efficient planes.

The company in 2007 started acquiring 757s, which can carry 20% more freight and burn a third less fuel than the three-engine Boeing 727s they are replacing. Analysts said converting the 757 from passenger use can cost around $5 million per jet.

FedEx was already due to receive four 757s this year to add to an existing fleet of around 60. It still has 30 727s.

The aircraft being acquired from United Continental Holdings Inc. are all used on domestic routes. Its fleet of 233 757-200s at Dec. 31—47 of them owned—had an average age of just over 19 years.

United said last year that it would phase out its older 757s after ordering 150 new Boeing 737-900ERs, 100 of them the re-engined Max version being launched later in the decade.

The airline is keeping 757-300 jets—it owns nine and leases 12 with an average age of 10 years—which are used predominantly on transatlantic routes. Boeing stopped making the 757 in 2004, and a full 737-900ER lacks the range to reach Europe from the U.S.

—Doug Cameron contributed to this article.

I'm just glad Doug Cameron contributed to that article.

No they don't. You have to be able to hold the category to be an LCA. This could get interesting.

Wouldn't it be nice if every single pilot senior to said pilot received 747 pay at a minimum. I doubt it would ever happen, but we can dream, right?

Honey I shrunk the 737-200

Heard that the initial LCA's will also be sim instructors.