Tue, Jun 13, 2023
Aero-News: Quote of the Day
ANN's Quote of the Day usually derives from current news, though we reserve the right to pick quotes out of history that have a bearing on the day's events and issues.
Sometimes, you'll find them timely and in keeping with the content of the day's news... and sometimes, they'll just be thought-provoking.
Reader suggestions and comments are welcome... and if particularly intriguing, timely, or poignant, may themselves become future Quotes of the Day.
Let us hear from you, folks!
Aero-News Quote of the Day
“We took a membership-driven approach to these negotiations, with polling and direct feedback throughout the process. We negotiated an industry-leading contract and achieved improvements contract-wide. We look forward to presenting the agreement to our pilots for consideration. The improvements to our retirement stand out. Not only did we accomplish major improvements to the existing pension benefit—improvements that we sought and management bitterly resisted in past negotiations—but we also crafted a new pension plan that sheds the negative funding aspects of our current plan. The new plan is completely sustainable and ensures that the costs of the plan charged to the company match the value that goes to the pilots. It’s a tremendous accomplishment.”
Source: FedEx MEC chair Captain Chris Norman, explaining details as they voted to approve a tentative contract agreement reached on 30 May with FedEx management. Next along the long and tortuous road to an equitable labor contract is a membership ratification ballot that will open 05 July and close 24 July 2023.
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