FedEx lowers 2019 earnings forecast on airline weakness

Credit: Rob Finlayson
Weakness in FedEx Corp.’s airline segment in the last quarter caused management to reduce its long-term target for the unit and lower the company’s earnings guidance for FY2019, despite strong growth in the FedEx Ground and Freight businesses. Operating income at the airline unit, FedEx Express...

Subscription Required


This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login


Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.