Enough of this posturing... Our proposals to The Company via the negotiating committee account for less than 1% (ONE PERCENT!) of the Company's revenues last year. (Think about it over the life of a contract.) Utilize whatever accounting procedures, or bean-counter "smoke and mirrors" that you wish to evaluate that statement, (profit/income/revenue), regardless, the truth is that while we unquestionably sympathize with the plight of the industry as a whole, and our close friends at other airlines in particular, the fundamental truth is simple:
We as a company are exceptionally profitable, even in these challenging times, and recognition of our contributions should not only be acknowledged, but rewarded with benefits reflecting our efforts.
Extremely high fuel prices are a consideration, however, fuel is not fundamentally significant considering the unique situation that FedEx is in since it can offset transient fuel prices with surcharges.
Lack of profitability or bankruptcy at passenger carriers (while troubling) does not have any bearing on our unique situation what-so-ever.. The issue really comes down to control...because the Company can afford twice what we are asking, give raises to all other groups contributing to the success of FedEx, give stock dividends to shareholders, continue the expansion into new markets, AND remain profitable...All of these things and more..
The modifications to our contract should be commiserate with the profitability of the Organization, and we should accept nothing less. Instead of questioning what we know to be reality, we should simply consider the numbers and stand by what we truthfully feel to be reasonable under our unique set of circumstances...I am not in the Union leadership, but feel that we as individuals should consider backing off the draft and open time for a few months. It may be in our best interests to apply some level of pressure sooner rather than later. That's my personal perspective, and what I'm choosing to do...
We as a company are exceptionally profitable, even in these challenging times, and recognition of our contributions should not only be acknowledged, but rewarded with benefits reflecting our efforts.
Extremely high fuel prices are a consideration, however, fuel is not fundamentally significant considering the unique situation that FedEx is in since it can offset transient fuel prices with surcharges.
Lack of profitability or bankruptcy at passenger carriers (while troubling) does not have any bearing on our unique situation what-so-ever.. The issue really comes down to control...because the Company can afford twice what we are asking, give raises to all other groups contributing to the success of FedEx, give stock dividends to shareholders, continue the expansion into new markets, AND remain profitable...All of these things and more..
The modifications to our contract should be commiserate with the profitability of the Organization, and we should accept nothing less. Instead of questioning what we know to be reality, we should simply consider the numbers and stand by what we truthfully feel to be reasonable under our unique set of circumstances...I am not in the Union leadership, but feel that we as individuals should consider backing off the draft and open time for a few months. It may be in our best interests to apply some level of pressure sooner rather than later. That's my personal perspective, and what I'm choosing to do...
