>>by now FED EX must have one of the worst hull loss records in the industry!
Sadly, FedEx seems to have a widebody hull loss every two or three years. If they were a pax carrier there would be enormous adverse publicity and probably many casualties as well.
I've got friends over at FedEx who tell me the FAA has been all over their training for years now. Instead of annual AQP sim checks like most U.S. carriers, they are under a closely monitored old style six month program.
The pilot flying in the December 2003 MD-10 hard landing and fire at MEM had a history of busted checkrides before she was hired. In April, 1994 the feds pulled her ATP after an FAA inspector observed her performance. She took more training and got the ATP back and was hired by FedEx in 1996. At FedEx she had more checkride failures, a couple of DUI's and an altitude bust that set up the fateful Mad Dog line check back into MEM. Is it possible that "diversity" was promoted over performance in this case? A possibly similar precedent at FedEx was the overlooked poor employment history of Auburn Calloway who brutally attempted to hijack a FedEx DC-10 in MEM in 1994.
Traditionally, FedEx has had very high employment standards for the freight world, i.e. almost all pilots have college degrees (well, there are some Naval Academy graduates <g>) and many are like the founder, Fred Smith, ex-military aviators. The company is consistently profitable and maintenance is excellent by most accounts.
Still, the mishaps and hull losses continue at what everyone agrees is an unacceptable rate...