FedEx and Pilots reach TA !!!!

[Laughing_Jakal]

Tongue in cheek

Albie15 ....

Wasn't throwing darts at you...you're a known quantity....As far as the calculation goes....since they negotiated it, I'm not going to worry about it....doing things like that could lead to disappointment if you made improper assumptions.

Before anyone gets bent out of shape about the average bid line guarantee calc....remember all those guys flying drf/vlt etc? Well, some were not only doing that to increase their monthly check, but were counting on the 100% flyers to secure them a retro pay contract that rewarded them for whoring at the trough. They're going to be the ones counting on their fingers and muttering in public like Mr. Burns on the Simpsons. Wait till they figure out they can't afford the Corvette with the "Thanks Alpa" liscence plate (if that doesn't make sense .... talk to an old head on property).

Now everybody quit your biotching, celebrate a little, and be happy. You're frikin alive today and life really is good....and besides, my negotiating committee speaks and spoke for me.

 

[JethroFDX]

Ban him! BAN HIM!!!!!!!!!!!!!!!!!!!!!!


:beer:

They can call it my Lollipop and Pedicure Restitution Fund for all I care; if the numbers add up to Yrs x Hours x Pay x 7% (basically what we were asking for) then it's fine by me.

But give me some increased B-fund, a better trip-rig and better healthcare or you can stick your Lollipop and Pedicure Restitution Fund right up your a$$!!!!

Whatever ya call it don't tell the wife!imp:

 

[FedExFlyer]

1st things first........THANK YOU Negotiating commitee for getting us a TA before the shizzle hit the fan.....I have confidence it will be for the good for us all, both pilots and company.

However, the lofty (retro....signing bonus) goals you guys are talking about on this board just ain't gonna happen. We will see some $ indeed but not the kind of $ that is being thrown around on this thread. Dont be disappointed when you see much less than anticipated.

I think we will see the rewards in our 4 cornerstone issues that were being addressed in this contract. Remember we are shooting for the stars in improvements but both us and management are going to meet in the middle. Thats just how negotiations go.

MY MEC SPEAKS FOR ME..............

ps.....and when our union leaders come around for the roadshows....SHOW UP, ASK QUESTIONS, and then make your decision on how you will vote

 

[klhoard]

VAB---must be smokin it

KLHoard.....this is like crack.....I thought you quit....you couldn't resist could you....you'll be back at it 24/7 and before you know it.

Flight info detox is a biatch

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They told me at the meetings that I wouldn't be cured until I'm dead. . .
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This web site is like a three car pileup with bodies still hanging halfway out of the wreckage - I feel bad as I slow down to look, and I feel bad after I've looked - but d a m n it, I still look. . .
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All I remember before rehab was all of these guys screaming "I don't care what the pay is, it's Quality Of Life, Scope, Blah, Blah, Blah!!!". . . . Now that the TA is announced, all they're doing is counting the Benjamins. . .
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Jakal, Goose. . . . call the People Help desk and get me checked back into the HIMS program. . . It's Appendix H of the F.O.M. . . .
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[SNIZ]

Media Coverage has Started

Commercial Appeal has cited some 'industry insiders' as giving figures about the TA. Our union web page msg line says they will have a response later today. I'm not gonna give the local Memphis rag any credence here...I hate that paper. Just thought I'd pass it along. FYI.

 

[Echopapa]

Tentative contract raises pay 9% at first, 3% a year after

By Jane Roberts
Contact
August 28, 2006

www.commercialappeal.com

After more than two years of negotiating, FedEx and its pilots struck a tentative deal late Saturday, days before a final vote is expected on the contract at UPS.

While neither FedEx nor union spokesmen would answer questions, industry insiders say FedEx offered a nine percent initial raise plus three percent annual increases for the length of the four-year contract. The agreement also includes seniority increases.
"We're gratified that the collective bargaining process has produced solid contract improvements that acknowledge our pilot group's contributions to FedEx," said David Webb, chairman of the Air Line Pilot Association's FedEx master executive council. "We appreciate the company's commitment to these negotiations. We look forward to presenting the tentative agreement to our governing body and membership."
Under the deal, the highest-paid FedEx captain would earn $224 per hour, 45 cents more than the best-paid pilot at UPS would make under a contract the UPS pilots are voting on now.
The results of that vote will be announced Thursday.
The timing, analysts say, means one thing: FedEx fully expects the UPS pilots to ratify their contract. Without a similar deal, FedEx is vulnerable to higher pilot demands.
"The sooner Fred Smith gets this contract in place, the sooner he has one less big issue hanging over management," said David Field, Americas' editor of Airline Business magazine. "If FedEx is planning something new in China, for instance, it doesn't want an open contract up in the air. It takes up your time and attention and gives the union grounds for making new demands."
While few of the particulars are known about the FedEx deal, it does include a 7 percent pay contribution to the pilots' Pension B retirement fund. Under the pilots' current contract, FedEx contributes 6 percent.
"The real pressure is that peak season is coming. UPS has basically settled, and assuming they ratify their deal, shippers are left to think that FedEx might have trouble," said George Hamlin at Morten Beyer & Agnew aviation consultants in Arlington, Va. "That means they might set up contingency plans with UPS or UPS might solicit some FedEx customers."
In the UPS deal, wide-body captains are slated to get a 17.7 percent initial raise, bringing their pay to $223.55 an hour. First officers' raises will range from 18 to 25.8 percent, essentially flattening the difference in pay scales between UPS and FedEx pilots.
Each UPS pilot would also get 3 percent annual raises, starting in 2008, and a four percent raise in 2012.
After the FedEx contract language is finalized, the union's master executive council will review the deal. It is expected to seek a union vote, likely in October.
FedEx has 4,700 pilots.
The sides have been negotiating since March 2004. In early May 2005, the company offered more than $500 million in signing bonuses and raises if the pilots would end talks and accept the terms of their 1998 contract.
The deal also included annual three percent raises and choice of a three-, four- or five-year contract with bonuses based on seniority.
Union leaders scoffed at the deal. The deadline for ratification passed without a vote because MEC leaders said it did not address issues they'd spent a year trying to work out at the table.
After a second offer in October, FedEx requested the help of the National Mediation Board.
Friday, as the two sides were closing the second week of talks in Washington, the mediator requested they extend talks through the weekend. --Jane Roberts: 529-2512

 

[VaB]

I'm not sure why there is all this speculation going on. This isn't going to be the final thing, right? From everything I've heard, we're being expected to vote an overwhelming NO. "You always vote down the first one".

Isn't that what they say?

 

[V-STALL]

Did you guys get a copy of the TA e-mailed to you yet?

 

[sandman2122]

Nope, probably won't get one for at least a week.

 

[skyman300]

After reading second article on the FDX website. Noticed management spokesperson said contract was not retroactive to May2004. Does this mean no retropay or the company will be calling back pay a "signing bonus"? Anyone have any inside info?

 

[PurpleTail]

After reading second article on the FDX website. Noticed management spokesperson said contract was not retroactive to May2004. Does this mean no retropay or the company will be calling back pay a "signing bonus"? Anyone have any inside info?

If ratified this fall, the new contract terms would run through the fall of 2010. FedEx spokesman Maury Lane said the contract wouldn't be retroactive to May 2004, when the current agreement became amendable.

Hold the phone...say what? I find this VERY hard to believe, and this is the WSJ. I guess I''l take a deep breath and wait for the 'official' word from the union. If it IS true then why are they even wasting our time?

 

[VaB]

If ratified this fall, the new contract terms would run through the fall of 2010. FedEx spokesman Maury Lane said the contract wouldn't be retroactive to May 2004, when the current agreement became amendable.

Hold the phone...say what? I find this VERY hard to believe, and this is the WSJ. I guess I''l take a deep breath and wait for the 'official' word from the union. If it IS true then why are they even wasting our time?

You guys are f-ing killing me here. Just yesterday, I stirred the pot about this and everyone made me out to be the bad guy for not sticking to our guns about the retro pay thing.

If it's not called "Retro pay" it's just some arbitrary number that they came up with. If this "number" is high enough, apparently from the FI gurus here, it should be OK.

I shall call it the "carbon wheelset bonus". But I heard we're supposed to vote NO on this first one.

 

[PastV1]

What they mean is that the Start date of this contract will not be Jun '04. But will start when and if we vote this one in. It will start probably on the day it is ratified by the membership.

Past......

 

[dee48eal]

the company wants to tell all that they " beat us " and didn't give in on retro pay - that includes fedex employees and the investment community. it doesn't matter what they call it if the check is big enough.

longtime purple boy

 

[stonewall]

You guys are f-ing killing me here. Just yesterday, I stirred the pot about this and everyone made me out to be the bad guy for not sticking to our guns about the retro pay thing.

If it's not called "Retro pay" it's just some arbitrary number that they came up with. If this "number" is high enough, apparently from the FI gurus here, it should be OK.

I shall call it the "carbon wheelset bonus". But I heard we're supposed to vote NO on this first one.

Where did you hear we're supposed to vote "NO" regardless of what the TA says? Is that standard union tactics? Just curious.