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ID: 55606644 Video

Headline: UNCAPTIONED: FedEx Pilots Near Major Pay Deal After Years of Negotiations

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FedEx Pilots Near Major Pay Deal After Years of Negotiations. FedEx has reached a tentative agreement with the union representing over 5,000 pilots, potentially ending years of stalled negotiations and paving the way for significant pay increases. Talks between FedEx and the Air Line Pilots Association have been ongoing since 2021. Under the new proposal, pilots’ hourly wages are set to jump by around 40% in 2026, followed by steady 3% annual increases through 2030. The deal also includes substantial retroactive payments, with captains eligible for up to $150,000 and first officers up to $102,500 to compensate for delays during negotiations. The agreement will now be reviewed by union leadership before going to a full member vote. Both sides say the deal was reached with support from federal mediators. This marks a major shift after pilots previously rejected a similar offer in 2023, citing concerns over outsourcing and long-term benefits. If approved, the deal could reshape compensation standards across the cargo aviation industry.
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Keywords: Current Affairs & Politics,FedEx pilots,Air Line Pilots Association,pilot pay deal,wage increase 40 percent,retroactive payments,union negotiations 2021,cargo aviation industry,pilot contract agreement,outsourcing concerns,federal mediators,pilot vote approval,aviation labor deal,salary increase pilots

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