Release #06.FDX2
May 9, 2006

FedEx Pilots to Conduct Informational Picketing in New York

MEMPHIS, Tenn. -- Now in their 26th month of contract negotiations, FedEx pilots, represented by the Air Line Pilots Association, Int’l (ALPA), will conduct informational picketing on Wednesday, May 10, outside the Bear Stearns Global Transportation Conference where FedEx Corporation Executive Vice President and Chief Financial Officer Alan Graf is scheduled to present. The pilots have been working without a new contract for nearly two years.

“Our pilots have clearly told us that two years is too long in these negotiations considering our reasonable proposals and the pilots contributions to FedEx’s remarkable profitability,” said Captain David Webb, chairman of the FedEx unit of ALPA. “Despite our continued efforts to reach an agreement, FedEx management has instead chosen to respond with regressive offers that are reflective of opportunistic greed in a time of airline industry turmoil.”

More information on the pilots’ ongoing negotiations can be found at

What: FedEx pilots conducting informational picketing

When: Wednesday, May 10, 11 a.m. to 1 p.m. EDT

Where: Outside the Bear Stearns Global Transportation Conference,
383 Madison Avenue (at 47th Street), New York

Day and night and 365 days a year, the 4,600 professional FedEx pilots--representing the air division of the FedEx brand and helping generate nearly two-thirds of FedEx Corporation’s annual revenue--fly to cities on five continents, making FedEx among the largest and most profitable airlines by any measure. Founded in 1931 and celebrating its 75th anniversary this year, ALPA represents 62,000 pilots at 39 airlines in the U.S. and Canada. Visit the ALPA website at

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ALPA Contact: Scott Sherrin, (901) 842-2220