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Latest Business News

FedEx Express, Pilots OK Tentative Deal

Sunday, August 27, 2006 9:56:45 AM

MEMPHIS, Tenn. (AP) - FedEx Express, operator of the world's largest cargo airline, has reached a tentative agreement on a new contract with its pilots, the company announced Sunday.

FedEx Express, the largest division of Memphis-based FedEx Corp., and its 4,700 pilots, represented by the Air Line Pilots Association, had been negotiating since March 2004 but reached a stalemate last October, when the company asked the National Mediation Board to help.

Under the Railway Labor Act, a 1999 contract for FedEx pilots had remained in effect during negotiations.


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