FedEx Takes ‘Significant Flying Out Of The Network,’ Citing Soft Demand
Credit: Markus Mainka / Alamy Stock Photo
FedEx Express will continue taking aircraft out of service in the coming fiscal year as it responds to decreased demand. During its fiscal 2023 fourth quarter (Q4) ended May 31, the cargo airline permanently retired 18 aircraft—including 12 MD11s—and 34 related engines. The company also reduced its...
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