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Pathetic Purple FPP Payout
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<blockquote data-quote="quadro" data-source="post: 693742" data-attributes="member: 12850"><p>FedEx changing pension plans had nothing to do with what other airlines did. FedEx happened to do the same thing but it was because of the upcoming changes in the PPA. Verizon, Lockheed Martin, IBM, Motorola all did the same thing. The stock market had been somewhat flat and the economy was starting to head in the wrong direction. There is no debating how much it would have cost FedEx to keep the traditional plan. Whether or not FedEx could afford to keep it is another question.</p><p>If FedEx isn't an airline, what are all those big things with wings and pilots flying them? You can call an apple an orange but it's still an apple.</p></blockquote><p></p>
[QUOTE="quadro, post: 693742, member: 12850"] FedEx changing pension plans had nothing to do with what other airlines did. FedEx happened to do the same thing but it was because of the upcoming changes in the PPA. Verizon, Lockheed Martin, IBM, Motorola all did the same thing. The stock market had been somewhat flat and the economy was starting to head in the wrong direction. There is no debating how much it would have cost FedEx to keep the traditional plan. Whether or not FedEx could afford to keep it is another question. If FedEx isn't an airline, what are all those big things with wings and pilots flying them? You can call an apple an orange but it's still an apple. [/QUOTE]
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