Top Story - Labor negotiations in a down market for air cargo

Labor contracts have been in the news, let’s start with the good news with Amerijet - what can you tell us about this most recent finalized deal?

Then there’s the disconcerting news about WestJet and a possible lockout.

FedEx recently had a pilot labor agreement go through - what have you noticed in terms of how these deals are being made and what the major points of contention are?

As it is forecast to not see much recovery anytime soon in freight, how risky do these negotiations get - I think moreso about UPS which of course has a late July deadline to get a deal done, but as these labor contracts end, what are the concerns for both management and labor with the possibility that a walkout or strike could theoretically end the business?

Any contracts coming up in the near future we might need to keep an eye on?