Eaaasy there Rock. Your post might be mistaken for gloating (which I doubt it was), which in these tough times would be bad form.
It is true FedEx is doing well at the moment. We are lucky/blessed/insightful or whatever to be working there vice Delta, American, etc. However...as we go into contract negotiations in 2004, the last thing we want to see is concessionary contracts from our pax brothers. Remember...UAL and DAL contracts set a new standard. UPS next year will likely be our most attainable benchmark. In any case, we (as the pilot force) all do better when EVERYONE is doing well. Bruce Cheever said in our indoc class that FedEx was like Mohammad Ali....who Bruce claimed was the best boxer because he boxed as well backing up as he did going forward. The analogy is that FedEx's aggressive cost control helps the company remain profitable, even in trying times like these.
One point to remember, however, is the same "cost control" formula means FedEx stays lean and "underhires". Guys who work overtime and sell back vacation, etc. make up the difference in capacity. Check previous posts on the issue--however--the tradeoff for young guys for the great job security (which we appreciate) is slower advancement for those of us on the property and longer waits in the pool for guys like you. Retirements might help drain the pool, as would mobilization of many of the military guys at FedEx if Iraq heats up. However...the best way to drain the pool is for the economy to start picking up, with a corresponding increase in freight volumes. Another economy issue--a LOT of over 60 guys are staying on the panel...I can't speak for them but if they are like the other 95% of people who invested in 401ks, etc. along the way I'm sure they aren't feeling as prosperous as they were in 2000. So...some retiring folks are simply "swapping seats" verses leaving the company. I met a nice jumpseater today who was an MD11 guy who will move to the panel on the 727 in December...but I don't know the percentage of guys who quit for good verses just change jobs.
Here's hoping EVERYONE is back on the job soon....