Fedex Practice excess Bid looks GOOD!

[FastCargo]

Interesting...

As someone lucky enough to get affected by the excess bid, I was very surprised by the results of the first practice bid. Until my wife asked a question about moving costs...

I realized that in a normal aircraft bid, FedEx doesn't pay for moving costs if your domicile changes...except in certain situations, such as excessing. While I doubt all the Subic bids will stay as fragged, the ANC and LAX bids might be pretty close to reality. Considering how much it costs to move in the CONUS, much less to ANC, it couild be a great opportunity for those who want those areas, but weren't willing to shell out all that cash.

JMHO, based on how I read the contract and the results of the 1st practice bid. I could be smoking a controlled substance...

Fly Safe!

FastCargo

 

[PurpleTail]

Cost of living...

When considering the excess bid, commuting and cost of living in the LA area is just ridiculous. Real estate prices are threw the roof, property taxes will rob you blind and you have state income tax AND local sales tax...OUCH. Not much of a pay bump after it is all said and done.

ANC is whole different story. Single? Possible. Married? Better check with the boss first and rent for the first year to be on the safe side.

As far as the move packages go Package #1 for "Excess Pilot" awards is pretty good. Lots of benefits like real estate assistance, all household goods professionally move plus car, 7 roundtrip tickets for family to research new area, etc, etc. plus an extra 10k.

 

[spanky2]

Anybody want to explain what "red letters" are /were ??

 

[TonyC]

Anybody want to explain what "red letters" are /were ??

I'm in a really good mood right now, and don't feel like getting steamed up with too many of the details. Perhaps someone else might elaborate, and I might later.

But for now, I'll give you an overview.

They were letters from Fred Smith to the pilots. They were printed on red paper - - hence the nickname. They threatened pilots that if they didn't behave, he would shut the airline down and turn it into a trucking company. (Well, at least that's what the last one said.) They were obviously intended to intimidate, and some indeed were intimidated. Others were only enraged and redoubled their resolve to fight for a fair set of work rules.

Today they serve as a reminder that we do not work for a benevolent benefactor, as some of the Purple Koolaid drinkers of yore might have you to believe.

 

[spanky2]

THX ... Fred must have a different but related play book. Other CEOs use the media for threats.