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            september 22, 2019

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FedEx to buy 15 Boeing 777 freighters


FedEx Express, a division of FedEx Corp, has placed an order with The Boeing Company for 15 new Boeing 777 Freighter aircraft with the option to purchase an additional 15 aircraft. FedEx has cancelled its order for 10 Airbus A380s. The decision to move forward with the Boeing 777s came after further delays in the delivery of the A380s were announced by Airbus.

The Boeing 777F is the world's largest twin-engine cargo aircraft with a range of more than 6,100 nautical miles and a revenue payload capacity of 171,000 pounds. It will be able to fly 2,200 more nautical miles and carry 8,500 pounds more than the MD-11F, which is FedEx's primary long-haul aircraft.

This new aircraft will allow FedEx Express to fly directly between major markets, including Memphis, and hubs in Asia, Europe and the U.S. with more freight and in less time than the MD-11Fs, improving fuel efficiency and lowering total operating costs. The additional non-stop, point-to-point trans-oceanic flights result in shorter flight times, which ultimately will provide improved service offerings to FedEx customers such as later final pick-up times.

FedEx Express is expected to take delivery of four of the 777 aircraft in calendar year 2009, eight in 2010 and the remaining three in 2011.

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