FedEx Express 2Q Earnings, Margins Decline As Costs Continue To Rise

FedEx Express experienced a weaker second quarter than anticipated as a 6% increase in costs outpaced a 4% increase in revenue growth. The airfreight unit’s operating costs totaled $6.6 billion for the quarter, while revenues reached $6.9 billion, the company reports in its quarterly earnings...

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.