FedEx has permanently retired 12 aircraft from its fleet and taken a $21 million impairment charge in its fiscal fourth quarter that ended on May 31. As part of its annual results announcement, the ...

FedEx Corp. has exercised options to purchase eight additional Boeing 777 freighters from Boeing and pushed back retirement of the tri-engine MD-11 fleet in response to rising demand for international ...

FedEx (FDX) earns a Buy rating, driven by a strategic shift toward premium B2B verticals and robust cost reduction programs.

US express shipment specialist FedEx has signed for the first ATR 72-600 to undergo conversion to a large-door freighter. The agreement with Irish-based ACIA Aero Leasing – which has a subsidiary, IPR ...

FedEx announced the acquisition of 10 ATR 72-600Fs, which are part of the 2024 undisclosed orders ATR released in February. The order adds to a previous commitment from FedEx for 30 aircraft.

Express logistics operator FedEx has firmed options for another 10 ATR 72-600 Freighters for delivery between 2027 and 2029. FedEx is the sole customer so far for the factory-built freighter variant ...

On March 1, a FedEx aircraft caught fire just moments after it took off from the ground. The Boeing 767-300 had just left Newark Liberty International Airport in New Jersey, according to flight data ...

LOUISVILLE, Ky. — Major cargo operators immediately grounded their fleets of MD-11 aircraft Saturday following a safety recommendation from Boeing, affecting approximately 70 planes worldwide. UPS and ...