Originally Posted by Anomjnom12

Whether or not FedEx actually made the list, one has to ask, was FedEx ever a good place to work at or was it the ONLY place to work at (lost decade years….) and that’s how it earned this prestigious reputation within the industry?

Originally Posted by Thrust Hold

FedEx went into 4.A.2.b during the lost decade.

Originally Posted by md11pilot11

The majors were never this good. Maybe in 60s or something but Post deregulation Major pax has been an absolute mess. What we are seeing is the end of consolidation. It took almost 50 years but it’s here. That doesn’t mean they are immune from outside factors but they are now much more stable. FedEx and UPS were always a more stable job. And cargo went through its own consolidation. Look at how many freight companies there used to be vs now. The big 2 and atlas everything else is too small to compete well.

Originally Posted by Viper25

I have heard second-hand that the United and Delta contracts from 2000 were truly exceptional. That didn’t last long though.

Originally Posted by YellowBanana

What are you talking about? FDX has been a great pilot career for decades, long before the lost years. It is susceptible to global economic downturns like all corps (current situation), but the company has always been conservative and quick to respond. One may even say they’ve over reacted in the past. No place is perfect, but this has been a relatively stable spot for pilots to hang their hats.

We never know what the long term plans are, but some of the comments here and on JF lead me to believe there are lots of guys and gals here that aren’t familiar at all with this organization and failed to do their homework before accepting a job here. If you think that this is the first challenging period as a pilot in recent FedEx history, then I’ve got news for you. Plenty of stagnation here in the past, excess bids, downgrades, canceled bids, etc. They consistently tend to overshoot and then severely undershoot on the other side with similar waves in regards to forecasting the needs of the business. Sounds familiar…
Read some of the old flight ops magazines to get a picture of how mgmt has operated during other downturns and also during past negotiating cycles. You’ll find that they sound very similar to what we’ve heard and witnessed over the past 2 years.

One thing is certain, they will always play hard ball and do everything possible to bust the resiliency of the pilot group and they are generally very successful at this. They have teams of labor lawyers that do a great job of playing these psychological games and always have. It tends to border on what would be considered sinister and even unethical, but it’s really no different than strategies every airline has used in the past. NO one should’ve been surprised when they doubled down on this after the failed TA and we should fully expect a few more Easter eggs of doom and gloom as mediation progresses. That is their playbook so don’t let it catch you off guard.

Originally Posted by Redeyz

stunning...absolutely STUNNING!! A "downturn". "FDX is experiencing a downturn". This..."FedEx net income for the quarter ending November 30, 2023 was $0.900B". We ONLY netted $900 Million for the qtr. its a downturn. "FedEx annual net income for 2023 was $3.972B". We're going broke. Pilots should take a pay cut!! Run for the hills!! Fly those lithium batteries over Pacific for FREE!! Help the Co....deliver more share buy backs and dividends.