An ongoing fleet reduction and modernization strategy at FedEx has resulted in the permanent retirements of 12 additional ...

FedEx is planning permanent cost reductions of $1 billion in fiscal 2026 from the DRIVE and Network 2.0 transformation programmes as it reported a net income of $4.09 billion for fiscal year 2025 ...

FedEx retired 12 aircraft in its fiscal fourth quarter as the company sought to align network capacity with anticipated ...

The aircraft retirements reduce FedEx’s fleet to 698 aircraft, comprising 382 mainline jets and 316 feeder planes operated by ...

Achieved $2.2 Billion Fiscal 2025 DRIVE Structural Cost Reduction Target Returned $4.3 Billion to Stockholders Through Stock Repurchases and Dividends During Fiscal 2025 Targeting $1 Billion of Transf ...

T he Boeing 767-300ER has long been a key part of medium- and long-haul operations for airlines across the world. It belongs ...