• Fedex Is So Desperate for Pilots This Holiday Season It's Paying Them up to $110,000 to Delay Retirement

    2 monthes ago - By Fortune

    FedEx is offering retirement-age pilots bonuses from $40,000 to $110,000 to stick around through the holiday shipping season, Reuters reports. FedEx pilots with 30 years' experience already make around $300,000.
    The bonuses are the latest salvo in a global campaign waged by airlines, militaries, and flight schools to recruit and retain more pilots. FedEx fdx and its rival UPS ups did record business both of the last holiday seasons, a perk of the booming U.S. economy and massive growth in e-tailing.
    Federal law has long required commercial pilots to give up their wings at age 65. In 2013...
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