Release #06.FDX7
July 26, 2006

FedEx Pilots to Conduct Informational Picketing in San Francisco

MEMPHIS, Tenn. - Now in their 28th month of contract negotiations, FedEx pilots, represented by the Air Line Pilots Association, Int'l (ALPA), will conduct informational picketing on Thursday, July 27, outside a FedEx Kinko's on Pine Street in San Francisco to show their increasing frustration with management's unwillingness to address the pilots' issues in negotiations. The pilots have been working without a new contract for more than 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. "We continue to work toward a negotiated agreement and we hope FedEx management shares that goal."

More information on the pilots' ongoing negotiations can be found at http://www.fedexlabortalks.com

What: FedEx pilots conducting informational picketing

When: Thursday, July 27, noon to 2 p.m. PDT

Where: Outside FedEx Kinko's, 369 Pine Street

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 61,000 pilots at 39 airlines in the U.S. and Canada. Visit the ALPA website at http://www.alpa.org.

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