Earnings
#11
Gets Weekends Off
Joined APC: Mar 2021
Posts: 174
It’s an interesting philosophical difference that UPS took direct action to remove excess pilots by offering incentives.
Meanwhile, management at FedEx would rather force us in to 4.a.2.b/c to lower the cost structure rather than offer financial incentives.
FedEx literally wants pilots to financially pay for managerial mistakes of poor planning.
Meanwhile, management at FedEx would rather force us in to 4.a.2.b/c to lower the cost structure rather than offer financial incentives.
FedEx literally wants pilots to financially pay for managerial mistakes of poor planning.
#12
Banned
Joined APC: Oct 2019
Posts: 923
And to rub it in the pilot’s face with today’s huge stock buyback proves they truly don’t care at all, even worse shoving it in your faces! Unbelievable.
#13
The throne looks down on us with a boot in our faces because we have collectively failed to challenge their rule.
And we’ve had far too many insiders colluding with the opposition for whatever favors they hope to gain.
IDK, maybe our new union leaders will be different, but even so, it’s going to take considerable effort to stand up for what we deserve when far too many in the ranks prefer negotiating on their knees.
#14
Gets Weekends Off
Joined APC: Dec 2023
Posts: 170
The way it has always been, and yet it blows my mind how many pilots claim fealty to the throne.
The throne looks down on us with a boot in our faces because we have collectively failed to challenge their rule.
And we’ve had far too many insiders colluding with the opposition for whatever favors they hope to gain.
IDK, maybe our new union leaders will be different, but even so, it’s going to take considerable effort to stand up for what we deserve when far too many in the ranks prefer negotiating on their knees.
The throne looks down on us with a boot in our faces because we have collectively failed to challenge their rule.
And we’ve had far too many insiders colluding with the opposition for whatever favors they hope to gain.
IDK, maybe our new union leaders will be different, but even so, it’s going to take considerable effort to stand up for what we deserve when far too many in the ranks prefer negotiating on their knees.
#15
Gets Weekends Off
Thread Starter
Joined APC: May 2007
Position: let it snow, let it snow, let it snow
Posts: 829
options
Didn"t see anything in earnings report that they had to execute 767 options by end of Dec and that they might be in jeopardy as the Pat audio seemed to indicate.
1 - As of November 30, 2023, we are committed to purchase 17 B767F aircraft and have options to purchase an additional 50 B767F aircraft.
1 - As of November 30, 2023, we are committed to purchase 17 B767F aircraft and have options to purchase an additional 50 B767F aircraft.
#16
Gets Weekends Off
Joined APC: Aug 2006
Posts: 597
Of course the earnings report is not going to show the entire contract that FedEx has with Boeing with regards to the 767. It's a quarterly report not on everything FedEx. I don't know what's in the contact but I am sure there are option gates where FedEx needs to decide on whether they will exercise the options.
#17
Gets Weekends Off
Joined APC: Dec 2023
Posts: 170
Didn"t see anything in earnings report that they had to execute 767 options by end of Dec and that they might be in jeopardy as the Pat audio seemed to indicate.
1 - As of November 30, 2023, we are committed to purchase 17 B767F aircraft and have options to purchase an additional 50 B767F aircraft.
1 - As of November 30, 2023, we are committed to purchase 17 B767F aircraft and have options to purchase an additional 50 B767F aircraft.
#18
Didn"t see anything in earnings report that they had to execute 767 options by end of Dec and that they might be in jeopardy as the Pat audio seemed to indicate.
1 - As of November 30, 2023, we are committed to purchase 17 B767F aircraft and have options to purchase an additional 50 B767F aircraft.
1 - As of November 30, 2023, we are committed to purchase 17 B767F aircraft and have options to purchase an additional 50 B767F aircraft.
#20
Gets Weekends Off
Joined APC: Mar 2006
Position: Crewmember
Posts: 1,377
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