FedEx $4.6 billion fiscal 2018 net profit lifted by tax reform benefit

Credit: Rob Finlayson
Memphis-based FedEx Corp. reported $4.6 billion in consolidated net profit for fiscal 2018—up 53% over the company’s fiscal 2017 $3 billion net result— boosted by $2.1 billion in tax benefits, $1.6 billion of which came from the Tax Cuts and Jobs Act (TCJA) passed by the US Congress in late December...
Mark Nensel

Mark Nensel is the Managing Editor of Aviation Daily. Prior to taking the helm of daily production of Aviation Week's commercial aviation newsletter…

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