FedEx Express to add 19 Boeing 767s to its air freight fleet

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FedEx Express, one of the world largest air freight services providers, is planning on adding 19 B767-300 aircraft, sold by The Boeing Company, to its fleet. This way the company aims to increase its efficiency levels and technology.

“FedEx Express is positioning itself for more profitable growth by modernizing its aircraft fleet and better aligning its U.S. domestic air network to match current and anticipated shipment volumes”, said David J Bronczek, president and chief executive officer, FedEx Express.

Two out of four Boeing 777s will be converted to 767s in 2016, the rest in the following year. The air freight services company currently operates 19 long-range Boing 777s freighters but may increase the fleet to a total of 24 aircraft.

President and CEO Ray Conner explained the decision to purchase further 767s as follows: “FedEx Express is the world’s largest express transportation company. This order of additional 767 Freighters by FedEx reinforces the value of the airplane’s capabilities in the market today and tomorrow.” 

Apart from improvements in shipment volumes, FedEx Express also hopes that its latest purchase will help to reduce its operating cost by 20 percent whilst increasing its fuel efficiency by at least 30 percent.

Source: FedEx Express