© Reuters. FILE PHOTO: A Federal Specific cargo aircraft approaches to land in San Diego, California August 24, 2020. REUTERS/Mike Blake/File Picture
By Lisa Baertlein
LOS ANGELES (Reuters) – The union representing greater than 6,000 pilots at FedEx (NYSE:) on Thursday mentioned it’s scheduled to restart contract talks with new management subsequent week.
The FedEx Grasp Govt Council, the governing physique of the supply agency’s unit within the Air Line Pilots Affiliation (ALPA), mentioned on Monday it had elected Billy Wilson as its new chair after union members rejected a tentative contract with the corporate in July.
The Nationwide Mediation Board affirmed its provide to convene an preliminary bargaining session between ALPA and FedEx administration in Memphis on Nov. 6-7, the union informed Reuters in an e-mail.
FedEx didn’t instantly reply to a request for remark.
The tentative FedEx deal rejected by pilots included a 30% pay rise over 4 and a half years and a 30% improve to their legacy pensions, in accordance with ALPA.
Wilson has known as for compensation that’s commensurate with pilots at different airways, the place business pilots have gained vital raises, reflecting their bargaining energy in an period of employees shortages.
American Airways (NASDAQ:) pilots, represented by the Allied Pilots Affiliation (APA), in August ratified a deal that raises their compensation by extra 46% over the four-year period of their contract.
In the meantime, FedEx rival United Parcel Service (NYSE:) is providing early retirement to pilots amid slumping demand for the business’s quickest, air-based supply companies.
