Rest rules
12-22-2011, 02:19 PM
#71
Gets Weekends Off
Joined APC: Apr 2006
Position: MD-11 Captain
Posts: 4,304
I'm not sure why FDX ALPA drafted this press release instead of joining IPA in a law suit?
FedEx Pilots Respond to Release of Pilot Fatigue Rule - Yahoo! Finance
Great job FDX ALPA!!! You showed them!!!
FedEx Pilots Respond to Release of Pilot Fatigue Rule - Yahoo! Finance
Great job FDX ALPA!!! You showed them!!!
12-22-2011, 02:42 PM
#72
Gets Weekends Off
Joined APC: Jun 2008
Posts: 357
The IPA law suit is a nice gesture but doesn't stand a chance at changing anything. First look back through history, it takes on average 10 years for a law to make its way through the system and be changed by a court (unless it is politically charged). Even if they prevail we will not see any changes for at least 10-15 years. Look at the Exxon Valdez case, it was settled in 2006, 17 years after the event. Do you think UPS and the FAA can stonewall as well as Exxon. Second, they really have no chance of winning. All the FAA needs to do is point out there are multiple sets of rules companies fly under. This is just one more set, of many.
12-22-2011, 03:26 PM
#73
Gets Weekends Off
Joined APC: Jul 2008
Posts: 1,235
I'm not sure why FDX ALPA drafted this press release instead of joining IPA in a law suit?
FedEx Pilots Respond to Release of Pilot Fatigue Rule - Yahoo! Finance
Great job FDX ALPA!!! You showed them!!!
FedEx Pilots Respond to Release of Pilot Fatigue Rule - Yahoo! Finance
Great job FDX ALPA!!! You showed them!!!
12-22-2011, 04:06 PM
#74
Gets Weekends Off
Joined APC: Dec 2007
Posts: 121
Actually "He" is not misinterpreting anything. 'Gross Profit' is used in finance to measure how effectively management uses labor in the production cycle. This is a labor issue isn't it. The rule changes will impact this effectiveness. However, when you compare a FedEx annual cost of $10 to 15 million to implement the rule changes vs. a $30 billion plus GROSS PROFIT it seems quite small. Something a few cent increase in shipping cost could possibly pay for.
Except that labor cost at FedEx is classified as operating expense and not cost of goods sold. As a result increased labor costs have zero effect on 'Gross Profit'.
A more appropriate comparison of cost would be to total operating expense, or to operating profit. You are causing confusion by using a term which at Fedex differs little from revenue, but sounds alot like net income.
Last edited by Spur; 12-22-2011 at 06:09 PM.
12-22-2011, 05:09 PM
#75
Tri-tanic operator
Joined APC: Jul 2006
Position: Doggie
Posts: 2,382
Of course not ...
IPA legal should have consulted with MD10 Pilot attorneys first to gather their expert opinion on the matter. Oh never mind, it can be found for free on an internet forum.
Seriously, I 'm not going to speculate at what can be achieved with the lawsuit ... but the option of standing around and doing nothing is unacceptable to most IPA pilots.
12-22-2011, 06:05 PM
#76
Gets Weekends Off
Joined APC: Jun 2008
Posts: 357
Seriously, I 'm not going to speculate at what can be achieved with the lawsuit ... but the option of standing around and doing nothing is unacceptable to most IPA pilots.
This is basically what's wrong with this country; too many people looking for the government or the lawyers to solve their problems. You want to fix this, go straight at your management and use your best tool: Unity.
12-22-2011, 07:28 PM
#78
Line Holder
Joined APC: Feb 2011
Posts: 95
Except that labor cost at FedEx is classified as operating expense and not cost of goods sold. As a result increased labor costs have zero effect on 'Gross Profit'.
A more appropriate comparison of cost would be to total operating expense, or to operating profit. You are causing confusion by using a term which at Fedex differs little from revenue, but sounds alot like net income.
A more appropriate comparison of cost would be to total operating expense, or to operating profit. You are causing confusion by using a term which at Fedex differs little from revenue, but sounds alot like net income.
I stated the fact that FDX annual gross profit exceeds $30 billion. That's a fact and an appropriate use of the financial term. Maybe you would use a different comparison, but that does not make my comparison incorrect or confusing. It highlights the fact that the FAA's reasoning for exempting cargo carriers based on cost is flawed. I think we both agree FDX and UPS can afford to implement the changes. If the smaller cargo operations cannot compete in that environment, the free market says they will simply go out of business. Luckily, many of those jobs will be absorbed by the bigger companies. This certainly will be the case for many of the regional carriers in the passenger world since the cost of operating the 50 seat jets will surely increase under the new rules.
12-22-2011, 08:12 PM
#79
Gets Weekends Off
Joined APC: Dec 2007
Posts: 121
I stated the fact that FDX annual gross profit exceeds $30 billion. That's a fact and an appropriate use of the financial term. Maybe you would use a different comparison, but that does not make my comparison incorrect or confusing. It highlights the fact that the FAA's reasoning for exempting cargo carriers based on cost is flawed. I think we both agree FDX and UPS can afford to implement the changes. If the smaller cargo operations cannot compete in that environment, the free market says they will simply go out of business. Luckily, many of those jobs will be absorbed by the bigger companies. This certainly will be the case for many of the regional carriers in the passenger world since the cost of operating the 50 seat jets will surely increase under the new rules.
12-23-2011, 02:58 AM
#80
Tri-tanic operator
Joined APC: Jul 2006
Position: Doggie
Posts: 2,382
Don't take this the wrong way, it is intended to be directed at the FedEx pilots mostly.
This is basically what's wrong with this country; too many people looking for the government or the lawyers to solve their problems. You want to fix this, go straight at your management and use your best tool: Unity.
This is basically what's wrong with this country; too many people looking for the government or the lawyers to solve their problems. You want to fix this, go straight at your management and use your best tool: Unity.
That is and will continue to be done !
UPS management is our greatest asset when it comes to achieving unity within the IPA.
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