FedEx Express pilots vote overwhelmingly for strike over new contract
Unless the company agrees to their demands, the pilots of FedEx Express look set for ...
FDX: ABOUT USPS PRIVATISATIONFDX: CCO VIEWFDX: LOWER GUIDANCE FDX: DISRUPTING AIR FREIGHTFDX: FOCUS ON KEY VERTICALFDX: LTL OUTLOOKGXO: NEW LOW LINE: NEW LOW FDX: INDUSTRIAL WOESFDX: HEALTH CHECKFDX: TRADING UPDATEWMT: GREEN WOESFDX: FREIGHT BREAK-UPFDX: WAITING FOR THE SPINHON: BREAK-UP ALLUREDSV: BREACHING SUPPORTVW: BOLT-ON DEALAMZN: TOP PICK
FDX: ABOUT USPS PRIVATISATIONFDX: CCO VIEWFDX: LOWER GUIDANCE FDX: DISRUPTING AIR FREIGHTFDX: FOCUS ON KEY VERTICALFDX: LTL OUTLOOKGXO: NEW LOW LINE: NEW LOW FDX: INDUSTRIAL WOESFDX: HEALTH CHECKFDX: TRADING UPDATEWMT: GREEN WOESFDX: FREIGHT BREAK-UPFDX: WAITING FOR THE SPINHON: BREAK-UP ALLUREDSV: BREACHING SUPPORTVW: BOLT-ON DEALAMZN: TOP PICK
It perhaps comes as little surprise that investors in companies such as ATSG and Atlas don’t appear too worried about the pilot shortage and labour negotiations. According to this Bloomberg article, bank analysts are becoming increasingly excited about the prospect of single-pilot freighter aircraft, leading to a $15bn cost benefit – and, no doubt to autonomous planes (a $35bn better bill). While the story is likely to be different on the passenger side, it has some political backing in cargo. Pilots, however, have different ideas, calling “anything less than two pilots “catastrophic”.
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