Market Overview

Boeing, FedEx Express Announce Order for Four 767 Freighters

Share:
Related FDX
With Fed's Likely Rate Hike Widely Anticipated, Attention Turns To Yellen's Words
UPS Leads List Of 10 Companies With The Most Positive Effect On Their Communities
My Journey To Financial Independence: 86-Stock November Portfolio Update - Buying Apple, AbbVie And BMW (Seeking Alpha)
Related BA
Inflation Ticks Higher; Federal Reserve's Two-Day Meeting Starts Today
A Peek Into The Markets: U.S. Stock Futures Mostly Higher Ahead Of Fed Meeting
Boeing price target hiked to $310 as Morgan Stanley sees solid year ahead (Seeking Alpha)

Boeing (NYSE: BA) and FedEx Express, a wholly owned subsidiary of FedEx Corp., today announced an order for four 767 Freighters. The order is part of FedEx's initiative to modernize its fleet.

"These additional 767 orders will help accelerate our fleet modernization program as we replace our aging MD-10 freighter fleet," said James R. Parker, FedEx Express executive vice president, air operations. "These new 767s will provide significantly improved reliability and are substantially more fuel-efficient than the aircraft they will replace. They will be an excellent addition to the FedEx fleet."

The addition of the 767 Freighters will enable FedEx to replace its less efficient medium widebody cargo airplanes with freighters that provide fuel, maintenance and other cost savings. The freighters also increase efficiency by sharing spare parts, tooling and flight simulators with the Boeing 757s that are part of the FedEx air fleet.

Posted-In: News

 

Related Articles (BA + FDX)

View Comments and Join the Discussion!

Partner Center