FedEx Express is permanently retiring 22 Boeing 757-200s, as it works to modernize the fleet and better align capacity with current and anticipated demand.
For U.S. passenger operators, their $7.8 billion 2023 net profit was $6 billion above 2022’s performance, but still considerably under 2019's $14.8 billion.
The company has revealed a newly branded component to its restructuring—a “tricolor network,” sorting its FedEx Express aircraft fleet into three categories.
Investigators detail systemic weaknesses and questionable assumptions as likely contributors to a near-collision between a FedEx Boeing 767 and a Southwest 737.
Assumptions about how quickly a Southwest flight would take off when cleared to go in front of an arriving FedEx flight are a key factor in a close call.
A decline from the big numbers of the COVID-19 pandemic is attributable to geopolitical tensions and other disruptions to global trade and supply chains.
