Tag Archive: Fleet News

FedEx permanently retires 24 freighters – DC Velocity

FedEx Corp.’s decision late yesterday to permanently ground 24 aircraft and 43 aircraft engines may be the first step in a deeper restructuring of the company’s domestic air operations. The company is looking to adjust costs in response to a secular downshift in U.S. air cargo volumes. The Memphis-based giant said it would retire 18 …

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