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The Latest FedEx Headlines
Ahead of holidays, FedEx leans on special bonuses to keep pilots from retiring
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<blockquote data-quote="cheryl" data-source="post: 3760189" data-attributes="member: 1"><p><a href="https://www.reuters.com/article/us-fedex-pilot-shortage/ahead-of-holidays-fedex-leans-on-special-bonuses-to-keep-pilots-from-retiring-idUSKCN1ME0C8" target="_blank"><strong>Ahead of holidays, FedEx leans on special bonuses to keep pilots from retiring - Reuters</strong></a></p><p></p><p>Santa’s sleigh cannot fly without its pilot.</p><p></p><p>With the peak holiday shipping season fast-approaching, global package delivery giant FedEx Corp is paying retirement-age pilots bonuses of $40,000 - and potentially as much as $110,000 - to keep them flying into next year, according to two sources with knowledge of the matter and a contract seen by Reuters.</p><p></p><p>The bonuses, outlined in the latest pilot contract and previously unreported, reveal that a wave of pilot retirements, global pilot shortages and rising cargo demand fueled by the growth of global e-commerce are straining the world’s largest air delivery fleet.</p></blockquote><p></p>
[QUOTE="cheryl, post: 3760189, member: 1"] [URL='https://www.reuters.com/article/us-fedex-pilot-shortage/ahead-of-holidays-fedex-leans-on-special-bonuses-to-keep-pilots-from-retiring-idUSKCN1ME0C8'][B]Ahead of holidays, FedEx leans on special bonuses to keep pilots from retiring - Reuters[/B][/URL] Santa’s sleigh cannot fly without its pilot. With the peak holiday shipping season fast-approaching, global package delivery giant FedEx Corp is paying retirement-age pilots bonuses of $40,000 - and potentially as much as $110,000 - to keep them flying into next year, according to two sources with knowledge of the matter and a contract seen by Reuters. The bonuses, outlined in the latest pilot contract and previously unreported, reveal that a wave of pilot retirements, global pilot shortages and rising cargo demand fueled by the growth of global e-commerce are straining the world’s largest air delivery fleet. [/QUOTE]
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Ahead of holidays, FedEx leans on special bonuses to keep pilots from retiring
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