FedEx Corp. intends to replace its Boeing 727-200s with 757-200s during the coming decade -- if it can find enough of them, fast enough -- under a $2.6 billion program to buy and modify the aircraft. The company had 94 727-200s on May 31, at the end of its 2006 fiscal year, and it plans to acquire about 90 757s. The newer aircraft will carry more cargo and, with two engines instead of the 727's three, will reduce operating costs. In a Securities and Exchange Commission filing, FedEx ...
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