Quote:
Originally Posted by 3pointlanding
The one thing FedEx will not be doing is putting the brake on hiring. The CBA agreement gives retiring pilots a $40,000 bonus if they give a 1 year advance notice of retiring. The company knows what we need for the future and are replacing 40% of the force due to retirement. There will be no break in hiring. What could happen though could be dropping our wet leases since our flying is reduced opening up room to replace the wet lease flights.
Makes sense, cancel the wet leases and pay the penalty fee (the current abnormally long ones) to replace with iron coming on line or just not needed at all due to current issues if they turn out plausible. Also, do not wet lease the numerous tails for the past decade for peak at both Purple and Brown. Brown plays their business a bit differently so we’ll see what the requirements are if any materialize and it will be a good litmus test to current events on how each approach peak and the validity of aforementioned current events. Aircraft from others may not be needed based on the economy issues as well time will tell. Stay frosty it’s anyones guess.