Originally Posted by iahflyr (Post 1997543)

The pay raises are basically to keep pace with inflation. The 10% gain is because this contract was approved 3 years after the amenable date. The 3% gains are designed to keep pace with inflation. There was no raise. FedEx pilots realized they have hit the top of the scales and aren't asking for crazy raises like Delta is.

As stated in the article, "FedEx is banking on lower costs from new airplanes and increased productivity to help offset the expense of the new contract."

Originally Posted by iahflyr (Post 1997543)

The pay raises are basically to keep pace with inflation. The 10% gain is because this contract was approved 3 years after the amenable date. The 3% gains are designed to keep pace with inflation. There was no raise. FedEx pilots realized they have hit the top of the scales and aren't asking for crazy raises like Delta is.

As stated in the article, "FedEx is banking on lower costs from new airplanes and increased productivity to help offset the expense of the new contract."

Originally Posted by El10 (Post 1997621)

In all honesty inflation has been less than 3% except for 2011 when it was 3.2%.

2014 1.6
2013 1.5
2012 2.1
2011 3.2
2010 1.6
2009 -0.4

Originally Posted by hindsight2020 (Post 1997513)

where is it coming out of? Diluted retirement benefits?

Originally Posted by DashTrash (Post 1997617)

Over 96% participation, 57%/43%... FedEx management hit the ball out of the park!!!

Originally Posted by ClutchCargo (Post 1997783)

We were 2.5 years past amenable date. As a WB Capt. I'm getting a $39,000 signing bonus. My hourly rate goes to $286 on 01NOV. I'm ANC based so every trip has a $10/hr override.


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Originally Posted by ClutchCargo (Post 1997782)

Just to let you guys know, much of what is being posted on here is not accurate. For starters we didn't go to 6 week bid periods.


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Originally Posted by ClutchCargo (Post 1997782)

For starters we didn't go to 6 week bid periods.

Originally Posted by iahflyr (Post 1997543)

The pay raises are basically to keep pace with inflation. The 10% gain is because this contract was approved 3 years after the amenable date. The 3% gains are designed to keep pace with inflation. There was no raise. FedEx pilots realized they have hit the top of the scales and aren't asking for crazy raises like Delta is.

As stated in the article, "FedEx is banking on lower costs from new airplanes and increased productivity to help offset the expense of the new contract."