FedEx Reports Strong Quarter Despite Lower Express Profits

FedEx Corp. this week reported a 3% profit increase for the quarter ending Aug. 31, but the company's Express segment saw its operating profit drop 8% due to start-up costs for new international flights and a one-time charge relating to facility leases. Overall, the company saw its net profit...

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.