FedEx axes 22 B757Fs as express profits remain under pressure

Capt. John

FEDEX has revealed in its fiscal fourth-quarter results that it has retired twenty-two of its Boeing 757 freighters as it looks to better match capacity to market demand, reports London’s Air Cargo News. The move sees the express giant reduce its 757F fleet to 92 aircraft as of May 31, compared with 115 at the same time last year. Seven engines related to the aircraft were also retired. In addition, the company has also retired nine MD-11Fs over the last fiscal year as previously announced....

https://www.seanews.com.tr/fedex-axes-22-b757fs-as-express-profits-remain-under-pressure/200694/

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