Fed Ex
10-22-2015 | 06:16 AM
#11
Gets Weekends Off
Joined: Oct 2006
Posts: 439
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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."
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."
2014 1.6
2013 1.5
2012 2.1
2011 3.2
2010 1.6
2009 -0.4
10-22-2015 | 06:39 AM
#12
Banned
Joined: Jun 2008
Posts: 2,282
Likes: 0
From: A320 Cap
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."
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."
10-22-2015 | 07:54 AM
#14
Gets Weekends Off
Joined: Nov 2009
Posts: 5,508
Likes: 109
Increased productivity for one. They now have 6 week bid months. The entire holiday season will be covered by one bid.
Also they're years past their amenable date. The increase pay should've happened a while ago so without nuking out the math they're losing money if they'd ratified this same contract on time.
5 year delay to a 57% ratification. Their mgmt def won this round.
Also they're years past their amenable date. The increase pay should've happened a while ago so without nuking out the math they're losing money if they'd ratified this same contract on time.
5 year delay to a 57% ratification. Their mgmt def won this round.
10-22-2015 | 09:06 AM
#16
Line Holder
Joined: May 2005
Posts: 889
Likes: 0
From: Retired FDX MD11 Capt
Fed Ex
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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10-22-2015 | 09:29 AM
#17
Gets Weekends Off
Joined: Aug 2007
Posts: 862
Likes: 0
10-22-2015 | 10:07 AM
#18
Gets Weekends Off
Joined: Nov 2009
Posts: 5,508
Likes: 109
Was that removed from the TA somehow?
Edit: Interesting, a few clicks and I'm educating my FedEx buddies. I stand erected.
https://fdx.alpa.org/Home/Content/Co...-10-14-15.aspx
10-22-2015 | 10:49 AM
#19
Organizational Learning
Joined: Nov 2005
Posts: 4,948
Likes: 0
From: Directly behind the combiner
10-22-2015 | 11:09 AM
#20
Gets Weekends Off
Joined: Sep 2015
Posts: 1,034
Likes: 2
From: I got into this business so I wouldn't have to work.
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."
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."
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