"Healthy Earnings? Pay Us!" Says Pilot Base

FedEx pilots on the Air LIne Pilots Association Master Executive Committee made a point to publicize the healthy earnings seen in their employer's recent earnings call, making sure onlookers know the company should be able to afford a new contract.

"On the same day FedEx executives boasted about the success of their cost-cutting measures and another profitable quarter, they failed to mention the simultaneous layoffs,” said First Officer Connor Wilm, acting chair of the FedEx ALPA Master Executive Council. “What they also failed to mention was the stalled bargaining with its pilots, whose sacrifices have helped build FedEx into the successful company it is today. Investing in employees lays the foundation for sustainable, long-term growth, and investing in the pilots’ contract retains talent already on the property and positions management to recruit the next generation of FedEx pilots.”

“This quarter’s earnings announcement begs the question: Can FedEx afford not to invest in its employees?” Wilm added. “Continuing to spend billions in stock buybacks while our pilots work under an outdated contract clearly demonstrates that FedEx’s priority is profits over its loyal employees.”

“‘People, Service, Profit’ is the philosophy that built our brand, and it is still the way forward today,” said Wilm. “Now is the time for FedEx to stop playing shortsighted, value-destroying games and complete an agreement that truly positions it to compete.”

FMI: www.alpa.org