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Search resuls for: "FedEx Pilots"


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☆ Southwest Airlines pilot pay would increase 50% under new labor contract
  + stars: | 2023-12-19 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +3 min
Southwest Airlines and its pilots' union have reached a new preliminary labor agreement that would give pilots 50% cumulative pay increases over the life of the contract, a deal that could end years of tense negotiations. The five-year deal is worth about $12 billion, Casey Murray, president of the Southwest Airlines Pilots Association, told CNBC on Tuesday. In comparison, larger rival United Airlines ' new four-year pilot contract is worth about $10 billion, according to the aviators' union. Once the contract becomes amendable, Southwest pilots would get 2.5% annual bonuses until the airline and union reach a new agreement. FedEx pilots rejected an preliminary deal earlier this year, while UPS pilots' union is set to start negotiations in mid-2024.
Persons: Casey Murray Organizations: Southwest Airlines, Southwest, U.S, Southwest Airlines Pilots Association, CNBC, United Airlines, United, Delta, FedEx, UPS, U.S . Department of Transportation, Labor, Hollywood, United Auto Workers union Locations: Southwest
☆ Safety Officials Release Details of Their Investigation Into a Close Call Between Planes in Texas
  + stars: | 2023-11-29 | by ( Associated Press | Nov. | At P.M. | ) www.usnews.com   time to read: +2 min
That is because in his four years working the tower at Austin-Bergstrom International Airport, the controller said, Southwest planes usually took off as soon as they got permission. “But hindsight being 20/20,” controller Damian Campbell told investigators, he “definitely could have held them,” referring to making the Southwest crew wait. Campbell said he couldn't even see the Southwest plane through the dense early morning fog on Feb. 4. Political Cartoons View All 1273 ImagesThe National Transportation Safety Board released transcripts of interviews and other details of its investigation Wednesday. “We had this dense ground fog ... you couldn't see anything,” Campbell told investigators.
Persons: Damian Campbell, “, Campbell, Bergstrom, ” Campbell, ” Organizations: DALLAS, FedEx, Southwest, Bergstrom International Airport, Transportation Safety, NTSB, Federal Aviation Administration, FAA, Navy, Austin Locations: Texas, Austin, Southwest, Cancun, Mexico
☆ American Airlines Dangles $250,000 Bonuses to Poach FedEx and UPS Pilots
  + stars: | 2023-11-08 | by ( Alison Sider | Esther Fung | ) www.wsj.com   time to read: 1 min
Cargo pilots typically have fixed schedules and fewer legs to fly in a day compared with their counterparts at passenger airlines. Photo: Jon Cherry/Getty ImagesThe next recruiting hotspot for U.S. airlines in need of experienced pilots is FedEx and United Parcel Service . PSA Airlines, a regional carrier owned by American , is offering bonuses totaling $250,000 for UPS and FedEx pilots who can come work as captains and help fill a gap that has forced PSA to keep planes grounded and curtail service to some cities.
Persons: Jon Cherry Organizations: Cargo, FedEx, United Parcel Service, PSA Airlines, UPS, PSA
☆ Air freight demand has cooled so much, FedEx is telling its pilots to fly for American Airlines instead
  + stars: | 2023-11-07 | by ( Huileng Tan | ) www.businessinsider.com   time to read: +3 min
FedEx is encouraging its pilots to apply for a job with PSA Airlines, a unit of American Airlines. The move came on the back of a decline in air cargo demand. FedEx employs around 5,800 pilots globally, while PSA Airlines has about 1,900 pilots. Interested FedEx pilots are eligible for an expedited interview process for a captain's position with PSA Airlines, according to the latter's online recruitment page. PSA Airlines is also offering FedEx pilots $250,000 in sign-on bonuses.
Persons: —, Pat DiMento, FreightWaves Organizations: FedEx, PSA Airlines, American Airlines, Service
☆ UAW workers will strike after rejecting deal with Mack Trucks
  + stars: | 2023-10-09 | by ( Chris Isidore Artemis Moshtaghian | Chris Isidore | Artemis Moshtaghian | ) edition.cnn.com   time to read: +4 min
New York CNN —The United Auto Workers (UAW) says its members have voted to reject a tentative agreement with Mack Trucks and will go on strike Monday. Stephen Roy, president of Mack Trucks, was quoted by Reuters as saying he was “surprised and disappointed” that the union had chosen to strike. CNN has reached out to Mack Trucks for comment. Mack Trucks is one of the major US makers of heavy duty and medium duty trucks, with deliveries of 27,000 in 2022 and 16,000 for the first half of 2023. Rejecting dealsIt has become more common in recent years for rank-and-file union members to vote down tentative labor agreements reached by their union leadership.
Persons: Mack Trucks, “ I’m, Mack, Shawn Fain, Stephen Roy, ”, China’s Geely, Fain, Joe Biden, John Deere Organizations: New, New York CNN, United Auto Workers, UAW, Twitter, Reuters, International UAW, UAW Mack Truck Council, CNN, Sweden’s Volvo Group, Volvo, Big Three, —, Motors, Ford, Jeep, Dodge, Chrysler, FedEx, Mack, Cornell University School of Industrial and Labor Relations, Kaiser Permanente Locations: New York
☆ UPS workers approve massive new labor deal with big raises
  + stars: | 2023-08-22 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +3 min
UPS workers ratified a massive five-year labor deal that includes big wage increases and other improvements to work rules and schedules, the International Brotherhood of Teamsters said Tuesday. The deal passed with 86.3% of votes, the highest contract vote in the history of Teamsters at UPS, according to the union. The parties had until July 31, when the previous labor contract was set to expire, to reach a deal and avoid a work stoppage. Current workers will get $2.75 more an hour this year and $7.50 an hour more over the five-year contract. FedEx pilots turned down a tentative agreement for a new labor contract earlier this summer.
Persons: Sean O'Brien, Carol Tomé Organizations: International Brotherhood of Teamsters, Teamsters, UPS, Amazon, U.S . Chamber of Commerce, Workers, American Airlines, United Airlines, Delta Air Lines, Southwest Airlines, FedEx Locations: U.S
☆ UPS contract: Teamsters union vote may bring threat of strike
  + stars: | 2023-08-22 | by ( Chris Isidore | ) edition.cnn.com   time to read: +6 min
New York CNN —On Tuesday, the Teamsters union will announce if their 340,000 members at UPS have ratified a new contract or if they rejected it, reviving the risk of a crippling nationwide strike. The company is calling it a win for the union members, for the company and for its customers. While rank and file at UPS voted down a deal five years ago, a majority did not participate in that ratification process. There are numerous examples in recent years of rank-and-file union members voting down deals recommended by their leadership and sometimes forcing a strike. What’s in the dealThe UPS deal being voted on does give the Teamsters union some of its key bargaining goals.
Persons: Stellantis, Sean O’Brien, ”, “, Jennifer Hancock, Hancock won’t Organizations: New, New York CNN, Teamsters, UPS, Hollywood, General Motors, Ford, FedEx Locations: New York, Richmond , Virginia
☆ FedEx Pilots Are Worried About Their Jobs
  + stars: | 2023-08-21 | by ( Esther Fung | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/airlines/fedex-pilots-are-worried-about-their-jobs-7ff2fcba
Persons: Dow Jones Organizations: fedex
☆ FedEx pilots reject tentative deal, supervised talks likely
  + stars: | 2023-07-24 | by ( Lisa Baertlein | Thomson Reuters | Lisa Baertlein Covers The Movement Of Goods Around The World | ) www.reuters.com   time to read: +2 min
July 24 (Reuters) - FedEx pilots have rejected a tentative contract deal with the parcel delivery firm and the two sides will reopen negotiations, likely under the supervision of the National Mediation Board, the company and the pilots' union said on Monday. The Air Line Pilots Association (ALPA) did not detail the reasons why members voted 57% to 43% to reject the deal. "Our members have spoken and we will now regroup," Captain Chris Norman, FedEx ALPA chair, said in a statement. The tentative FedEx deal included a 30% pay increase and a 30% increase to the pilots' legacy pensions. American Airlines (AAL.O) and the Allied Pilots Association are revising their tentative deal following the United agreement.
Persons: Chris Norman, Priyamvada, Lisa Baertlein, Devika Syamnath, Susan Heavey, Hugh Lawson Organizations: FedEx, National Mediation Board, Air Line Pilots Association, United Airlines, ALPA, American Airlines, Allied Pilots Association, United Parcel Service, UPS, Thomson Locations: Bengaluru, Los Angeles
☆ FedEx pilots reject 30% pay hike proposal, but a strike isn’t imminent
  + stars: | 2023-07-24 | by ( Chris Isidore | ) edition.cnn.com   time to read: +4 min
The FedEx pilots who belong to the Air Line Pilots Association voted 57% against the proposed contract, which was reached in May and endorsed by union leadership. But even with the “no” vote, the 5,200 FedEx pilots won’t be able to go on strike any time soon. FedEx pilots are covered by the Railway Labor Act, which despite the name, covers both rail workers and airline employees. The FedEx pilots, who unlike most FedEx employees count as airline employees when it comes to which labor law they work under, have not cleared any of those hurdles so far. There have been numerous examples in recent years of union rank-and-file voting no on deals that were recommended by union leadership.
Persons: won’t, ”, “, John Deere Organizations: New, New York CNN — Pilots, FedEx, Air Line Pilots, Teamsters, UPS, Railway Labor Act, United Airlines, American Airlines, United, United Auto Workers Locations: New York, United States
☆ FedEx shares drop following Pilots Union rejection of tentative agreement
  + stars: | 2023-07-24 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFedEx shares drop following Pilots Union rejection of tentative agreementCNBC's Frank Holland joins 'Halftime Report' to discuss the FedEx Pilots rejecting a tentative union agreement, fear of an upcoming UPS strike, and how a strike on delivery services could impact the businesses that rely on them.
Persons: Frank Holland Organizations: FedEx, FedEx Pilots, UPS
☆ FedEx pilots vote in favor of strike in push for pay rise
  + stars: | 2023-05-17 | by ( Nathan Gomes | ) www.reuters.com   time to read: +2 min
May 17 (Reuters) - Pilots of FedEx Corp's (FDX.N) air delivery unit on Wednesday voted "overwhelmingly" in favor of a strike if needed, the Air Line Pilots Association said as it enters the final stages of a contract negotiation with the company. With aviators in short supply and air travel demand booming, pilots are enjoying enhanced bargaining power, encouraging them to push for better contracts with airlines and parcel firms. More than 97% of the union members took part in the vote and 99% of them authorized union leaders to call a strike, if needed, by the pilots of FedEx Express. "We are still in productive negotiations with our pilots under the supervision of a government-appointed mediator and will return to the bargaining table next week," FedEx said in a statement. Pilots' union at Southwest Airlines Co (LUV.N) too had recently backed a strike mandate ahead of the busy summer travel season.
☆ FedEx Express pilots vote in support of strike, union says
  + stars: | 2023-05-17 | by ( ) www.reuters.com   time to read: +2 min
May 17 (Reuters) - Pilots of FedEx Express, a unit of FedEx Corp (FDX.N), have voted "overwhelmingly" in support of a strike, the Air Line Pilots Association (ALPA) said on Wednesday. From over 97% of members who participated in the vote, 99% authorized union leaders to call a strike, if needed, to achieve a new contractual agreement with the delivery firm. FedEx pilots are currently working under contractual provisions and benefits arrived at in 2015, after negotiations for a new agreement began in 2021. Earlier this month, Southwest Airlines Co's (LUV.N) pilots union said its members had approved a strike mandate by an overwhelming majority ahead of the busy summer travel season. If either side declines, both parties enter a 30-day "cooling off" period, after which pilots and management can engage in self-help - a strike by the union or a lockout by management.
☆ We became the first mother-daughter duo to copilot an international flight — here's how the FedEx trip happened and what it was like
  + stars: | 2023-05-14 | by ( Ryan Hogg | ) www.businessinsider.com   time to read: +4 min
Teri Eidson and Nicole McCallister are the first mom-daughter co-pilots of an international flight. Eidson's husband was a relief pilot on the flight, meaning McCallister got to fly with both parents. This as-told-to essay is based on a conversation with Teri Eidson and Nicole McCallister, FedEx pilots who became the first mother-daughter duo to copilot an international flight. So I started working with FedEx as a box handler and FedEx helped pay for part of my instruments. How it happenedThe FedEx flight used by Teri Eidson and Nicole McCallister on their record breaking journey.
☆ FedEx hikes 2023 earnings forecast as cost-cutting initiatives bear fruit
  + stars: | 2023-03-16 | by ( Noah Sheidlower | ) www.cnbc.com   time to read: +3 min
In this photo FedEx logo is seen in Washington D.C., United States on February 16, 2023. FedEx on Thursday hiked its full-year earnings forecast as it said cost-cutting measures offset continued demand weakness at units including FedEx Express. FedEx now expects adjusted earnings per share for fiscal year 2023 of between $14.60 and $15.20, up from a prior forecast of between $13.00 and $14.00. FedEx reported net income of $771 million for the period, down from $1.11 billion during the same quarter a year earlier. The company also said it expects volumes to improve in the current quarter and into its fiscal first quarter of next year.
☆ FedEx pilot union inches closer to strike with unanimous approval for authorization vote
  + stars: | 2023-02-22 | by ( Noah Sheidlower | ) www.cnbc.com   time to read: +3 min
The union representing FedEx pilots unanimously approved a strike authorization vote last week, according to a Wednesday press release. According to a statement on the FedEx pilots' website, pilot leaders allege the company has failed to "acknowledge pilot contributions." After 30 days, pilots and management could exercise self-help, which could include a union strike or a company lockout. A statement by pilot leaders says FedEx customers should plan alternative means in the event of a pilot strike. The update comes a month after the Southwest Airlines pilots' union called a vote to authorize a potential strike after souring contract negotiations.
☆ United gives pilots 5% raises early, citing return to profitability
  + stars: | 2022-11-10 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +2 min
United Airlines on Thursday said it was giving pilots 5% raises that were part of a pandemic cost-reduction agreement months ahead of schedule, citing the carrier's return to profitability and upbeat outlook. United is offering the raises during talks for a new contract with its pilots union. The company could have waited until May 2023 to pay the raises, Bryan Quigley, senior vice president of flight operations at United wrote to pilots on Thursday. United pilots overwhelmingly voted down a recent proposed agreement that would have increased pay by about 15% over 18 months. The union said that United pilots plan to picket outside United's flight training center in Denver next Tuesday.
☆ American Airlines offers pilots higher raises in new contract proposal
  + stars: | 2022-10-27 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +1 min
Pilots talk as they look at the tail of an American Airlines aircraft at Dallas-Ft Worth International Airport. American Airlines ' pilots union is weighing an offer for higher raises in a new two-year contract proposal, the latest attempt to seal up a labor deal at the country's largest airline. The total would be higher than the raises American offered in June. Pilots are in short supply and regional airlines, where the shortage is most acute, have raised wages sharply this year. Those hikes included American Airlines' subsidiaries where pilots got 50% increases through August 2024.
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