FedEx hopeful of pilot deal soon
FedEx Corp is hopeful of a successful conclusion to talks with its pilots’ union after more than two years without a deal, a top executive said on Wednesday. “We think we have put together a good package for the pilots,” corporate vice president for strategic financial planning and analysis James Hudson told Reuters on the sidelines of a transportation conference organized by investment bank Bear Stearns in New York. “We are hopeful we will be able to reach an agreement that will be fair to the pilots, their families, our customers, our company and our shareholders,” he added. FedEx and the union representing its 4,700 pilots are due to start federally mediated talks next week. Negotiations on a new contract began in March 2004.
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