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FedEx's management and the Air Line Pilots Association (ALPA) have been in talks since May 2021.
FedEx pilots' tentative agreement includes a 40% hourly wage increase by 2026.
KEY POINTS
- Annual wage increases of 3% are scheduled from 2028 through 2030 under the new deal.
- Captains will receive up to $150,000 and first officers up to $102,500 in retroactive pay.
- The new agreement follows a 2023 rejection of a previous deal offering a 30% pay increase.
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