So bitter. You need to focus your blame on the people who haven't helped our situation at all with pattern bargaining, which the NMB said we would use, UA/AA/US. We can't be the only ones progressing. But Bacon, 19.7% in 2 1/2 years is darn good. Try to bring down that bitterness, and if you have to yell at someone, do it to the other guys who can't get their own stuff together, the UA/AA/US guys. Great day!

 

It is not 19.7 percent. It is less than 18 percent. We converted profit sharing into salary. That money cannot be considered a raise. The only reason we are getting this much is because the company is against our current large rj scope cap. We are selling our scope for this raise. Everything else is smoke and mirrors.

 

No we aren't, DL will just eliminate 70 seaters and add more 76 seaters. I like less total RJ's and more Mainline, but we agree to disagree.

 

The company can only add more 76 seaters and eliminate 70 seaters if they grow mainline by 40+ airframes. How about that? Our current scope forces Delta to get more mainline airframes and park 70 seaters in order to get more 76 seaters. Our new scope will force Delta to get more mainline airframes, but not park the 70 seaters in order to add more 76 seaters. It seems the current scope is better than the new scope. There is no way to spin this. OUR TA'S REGIONAL JET SCOPE IS NOT AN IMPROVEMENT!!!!!!!!! This cannot be said enough. We are allowing more mainline competitive jets to be outsourced in return for parking money losing outsourced jets. I am one vote. This issue has been beaten to death. It is the sole reason we have an early TA. I am one that believes if we send it back, we will probably get a TA with more money, but it will still be unacceptable to me on the scope front. I am prepared to go through a traditional years long section 6 negotiations to protect and improve our current scope. I understand that I am probably in the minority. I will accept the TA if it passes and move on.

 

I have it under great authority that these new jets will only fly to Killeen (Bill L.)

Man is he going to be ****ed when they're flying ATL-SFO!!

 

Perfectly stated; finis72 is lacking information.

 

Everyone mark their calenders:

hockey- absolutely well stated, and I 100% agree.

 

From The Wall Street Journal a few days ago:

FedEx CEO Predicts Industry Shift
Chief Sees More Competition From Seaborne Shipping; Courier Reports a 1.4% Decline in Earnings
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By BOB SECHLER

FedEx Corp. FDX -0.34% Chief Executive Fred Smith predicted fundamental changes in the global freight business, with air carriers facing more competition from ships and the industry putting more focus on providing clients with customized, door-to-door delivery options.


The FedEx founder, who pioneered the modern airfreight business and has built the world's largest cargo airline by revenue, cautioned that the traditional airport-to-airport business "is not growing."

"It's very clear that the door-to-door express segment is growing, and the movement of goods on the water is growing," Mr. Smith said Tuesday on a conference call after FedEx reported a 1.4% decline in profit for its fiscal fourth quarter. The company also promised to release details in the fall on a plan to cut costs.

Mr. Smith said FedEx is in a strong position to take advantage of the industry's shifting trends, despite the company's history in the express-air segment, citing FedEx's scale and combined air, ground and freight capabilities. The company also operates a freight-forwarding business, FedEx Trade Networks, which provides logistical services and arranges third-party shipping for customers, including via sea.

Recent industry changes have hurt FedEx as some customers have opted for slower-moving, nonpremium delivery services in the soft global economy. Volume for FedEx's international-priority-airfreight business declined 3% in the company's fourth quarter, which ended May 31, after falling 1% in the fiscal third quarter. U.S. domestic-express volume fell 5% in the fourth quarter, compared with a 4% decline in the third.

The Memphis, Tenn., company plans to disclose a "comprehensive program" in October to cut costs and better align the size of its express air fleet with anticipated market demand, Mr. Smith said.

The company predicted earning $1.45 to $1.60 a share for the current quarter, below the $1.70 forecast by analysts polled by Thomson Reuters.

FedEx projected earnings of $6.90 to $7.40 a share for the year, compared with a forecast by analysts of $7.39 a share, although the company stressed that its full-year forecast didn't include the impact of "significant" cost reductions that are under review.

BB&T Capital Markets analyst Kevin Sterling said it has been evident for some time that growth in the traditional air-cargo segment is on the wane, although he said Mr. Smith's comments were significant. "When he speaks…people listen," Mr. Sterling said.

The analyst said he thinks the three biggest integrated, global airfreight shippers—FedEx, United Parcel Service Inc. UPS -0.84% and Deutsche Post AG DPW.XE -0.73% unit DHL—stand to benefit from the broad industry changes in the long term because of the companies' scale and flexibility.

But Bill Flynn, chief executive of air-cargo carrier Atlas Air Worldwide Holdings Inc., AAWW -1.16% said the airfreight industry is solid and remains a good business. "The rate of growth may be slowing down, but it is a rate of growth on a much larger absolute base of cargo," Mr. Flynn said in an interview.

He noted that there is little option for perishable and other time-sensitive items to move except by air, particularly as container ships cut fuel costs through "slow steaming."


"What we have not seen is a fundamental shift from air back to sea," Mr. Flynn said. "I just think it is going to be harder to take high-value, time-sensitive commodities off of an air carrier and onto a ship."

He agreed with Mr. Smith that there is an increasing opportunity for airfreight carriers to offer value-added services to customers, such as tracking capabilities.

FedEx said fourth-quarter earnings were hurt by volume declines in its express-shipping business and by a $134 million charge to retire aircraft because of sluggish domestic demand.

FedEx reported profit of $550 million, or $1.73 a share, down from $558 million, or $1.75 a share, a year earlier. Excluding the charge, earnings rose to $1.99 a share.

Revenue rose 3.8% to $11 billion.

Revenue for express shipping, by far the company's largest top-line contributor, rose 2.6% to $6.8 billion. The segment's operating profit declined 35%.

FedEx's ground-shipping segment posted a 9.7% increase in revenue to $2.48 billion. The segment's operating profit rose 18% as average daily volume increased 3%.

FedEx shares rose $2.50, or 2.8%, to $91.01 in 4 p.m composite trading on the New York Stock Exchange.

Write to Bob Sechler at [email protected]

 

Must be the 6:30 per day where they get us!!
But I need a 27 % pay raise to match the W2 for the same longevity.
Now, not in 30 years..