Uh oh.
From FreightWaves via Yahoo Finance:
FedEx tells pilots to switch to American Airlines feeder operator
FedEx Express is encouraging pilots at its cargo airline to take jobs at a regional passenger carrier because there isn’t enough shipping demand to fill everyone’s flying schedules. It’s the latest step over the past 12 months to align FedEx’s air network with a sharp decline in package volumes and improve efficiency as the parcel sector settles to a lower post-pandemic baseline that could last years.
Pat DiMento, FedEx’s vice president of flight operations and training, said in a Friday memo to flight crews that the airline is “significantly overstaffed” and can’t guarantee pilots more than the minimum number of hours set in their contracts.
He urged pilots to consider taking a job with American Airlines (NASDAQ: AAL) subsidiary PSA Airlines, which is offering FedEx pilots an expedited interview process for a captain position, a $250,000 signing bonus, and a direct path to flying for American. Mainline U.S. passenger airlines have successfully replenished cockpit crews after the COVID crisis at the expense of feeder airlines, many of which have curtailed operations because of the shortfall in qualified pilots....
....MUCH MORE
It's just under seven weeks 'til Christmas and the cargo planes aren't full?
