Originally Posted by middies10

We will furlough if this TA doesn't pass. Mark my words.

Originally Posted by busdriver12

Wondering what earnings call you are referring to? I listened to every minute of the last earnings call on June 20th, and Raj said that they have "conducted another round of furloughs" and that they are aggressively managing headcount, including attrition. That they are confident that they can deliver on cost reductions of $1.8 billion this year and $4 billion next year from the DRIVE transformation. All while continuing to do billions of dollars worth of stock buybacks and raising the dividend. You know, the things that really count. Forget PSP.

One of the investor questions at the end was about the pilots voting on a new contract, and asking as they retire older aircraft, is FedEx also retiring pilots, or is there an excess of pilots? the answer did not specifically address more pilots retiring, but did mention that they will park 29 additional aircraft during the year. They also mentioned "flexibility" repetitively throughout the earnings call. The exec ignored the question about an excess of pilots.

The fact that the company opened up scope, and made it far cheaper to wet lease, and it apparently was quite important for them to do so, plus the constant talk about flexibility and retiring aircraft, along with massive cost cutting.......I would say that if enough pilots don't leave out of disgust, it's quite obvious that they are going to furlough.

Originally Posted by Yuko

Please keep getting your NO votes in. The company looks past the Union and directly to the pilot group. Let us turn down this concessionary bankruptcy styled proposal that depress industry wages, harms qol, leaves 300 retirees (since amenable date) in the cold without A plan improvements and introduces Union busting pension schemes.

Keep up the NO pressure it is working, NC/MEC no longer speaks for us. They have now transformed the roadshow into direct attacks against the membership with future predictions of furloughs (because besides vacating their responsibility to give us a TA we may be proud of they have now acquired time prediction powers).

NO is the time!

Originally Posted by NotMrNiceGuy

Q1 2023

Raj Subramaniam -- President and Chief Executive Officer

And there is also no furlough of the pilots. That's not even a thing.

FedEx (FDX) Q1 2023 Earnings Call Transcript

Originally Posted by palooza

please stay strong. Not quite sure how this chasm between alpa and members develops , but when delta had the TA in 2015, the union MEC chair literally was yelling “PEB! PEB!” to insinuate that if we voted TA1 down it would result in a forced contract.

Obviously that was false as we quickly ousted the entire negotiating team and MEC then got to the real work of getting what we were worth. It took about 10 months IIRC.

good luck, hope this fails and you guys hold out for what you deserve. It’s really the only way we improve professional pilot as we work forward.

Originally Posted by Otterbox

Word is the MEC knows the TA is likely going to fail and their futures are in jeopardy so they invented the overstaffing/ furlough projections as a Hail Mary to scare pilots into voting yes to their concessionary, “industry leading” TA.

Originally Posted by Dave Behnke

I don't want to sound callous, but if we are truly overstaffed that is on the Company and not the responsibility of the Union to fix. The same Union trying to sell this weak TA by plucking heartstrings about people who just got here are the SAME people happily leaving on the side of the road the long-time crew members forced to retire without enjoying the 'benefits' of the TA due to the Company's foot-dragging. Take care of the people that paved the road for us first. Show me that commitment, then come cry me a river about potential furloughs. Until then, save the hand-wringing.

Originally Posted by Vdrive

Please, stop the fear.

And VOTE NO.
This TA is bad for the entire aviation industry.

Originally Posted by Stan446

Really, the entire industry?

Originally Posted by threeighteen

It drags everyone down in the pattern bargaining process, so yes, the entire industry.

FedEx does not exist in an echo chamber.