Thu, Oct 19, 2006
Four-Year Deal Has Everyone Smiling
FedEx Express pilots
are on the hook, for at least four more years anyway. Company and
union reps said they agreed on a four-year contract Tuesday.
Almost 95-percent of pilots who voted approved the contract,
which goes into effect October 30th. Pilots will see an immediate
9-percent pay hike, and 3-percent per year for the next three. ALPA
also won concessions on retirement, health care and job security
In a release, FedEx Express president and CEO David Bronczek
said, "FedEx Express and ALPA have worked tirelessly over the last
two years to reach what we all believe is a competitive and
mutually beneficial contract."
During negotiations both sides argued over how much FedEx pilots
currently earn. The company says the average pilot makes 175,000
dollars per year.
The union accused the company of inflating the figure. It says
there is no average pilot claiming pay is dependant on the
equipment operated and seniority.
The union's example showed ranges from 206-dollars per flight
hour for the senior captain of a large, wide-body, to 106 per
flight hour for co-pilots of smaller planes.
ALPA union chairman at FedEx David Webb said, "With their vote
today, our pilots have approved a contract that acknowledges their
continued hard work in maintaining FedEx's leading position in the
The company is happy; the union is happy, everyone is one big
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