The FedEx Master Executive Council (MEC), the governing body of the FedEx Express (Memphis) unit of the Air Line Pilots Association, Int’l (ALPA), voted to approve the tentative contract agreement reached on August 19 with FedEx management.
The agreement now goes before more than 4,000 FedEx pilots eligible to vote in balloting that is scheduled to begin September 28, 2015, and close on October 20, 2015.
The new agreement provides across-the-board increases to hourly pay rates and new-hire compensation, a significant signing bonus that addresses the time elapsed since the agreement was amendable, retirement plan enhancements, and work-rule improvements. If ratified, the contract will go into effect November 2015 and would become amendable in 2021.
Copyright Photo: Ken Petersen/AirlinersGallery.com. Airbus A300B4-622R (F) N728FD (msn 581) climbs away from Raleigh-Durham International Airport (RDU).