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 ...
DHL: SHINING ON WEAKNESSKNIN: ENOUGH DAMAGE DONE NOWLINE: BOUNCING BACKMAERSK: LOOKING AHEADUPS: UPGRADE AHEAD OF EARNINGSAMZN: BETTING ODDSJBHT: EARNINGS MISSJBHT: EARNINGS SEASON IS HEREDHL: BOTTOM FISHINGDSV: DOWNKNIN: NEW MULTI-YEAR LOW TGT: YIELD RETURNPLD: REBOUND MATTERSAMZN: MULTI-BILLION LONG-TERM MEXICO INVESTMENTDSV: WEAKENING TO TWO-MONTH LOWSKNIN: ANOTHER LOW
DHL: SHINING ON WEAKNESSKNIN: ENOUGH DAMAGE DONE NOWLINE: BOUNCING BACKMAERSK: LOOKING AHEADUPS: UPGRADE AHEAD OF EARNINGSAMZN: BETTING ODDSJBHT: EARNINGS MISSJBHT: EARNINGS SEASON IS HEREDHL: BOTTOM FISHINGDSV: DOWNKNIN: NEW MULTI-YEAR LOW TGT: YIELD RETURNPLD: REBOUND MATTERSAMZN: MULTI-BILLION LONG-TERM MEXICO INVESTMENTDSV: WEAKENING TO TWO-MONTH LOWSKNIN: ANOTHER LOW
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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