FedEx Speeds Up Aircraft Retirements

FedEx has announced the retirement of 15 of its aircraft and 21 related engines as it modernises its fleet with 767s.

FedEx has announced the retirement of 15 of its aircraft and 21 related engines as it modernises its fleet with 767s.

The cargo firm, which confirmed the retirements will result in a charge of $246m, has withdrawn seven MD11 airframes and 12 related engines; three A300 aircraft and three engines; four A310-300s and three engines; and one MD10-10 airframe and three engines.

FedEx, which ordered 27 767 aircraft to replace its ageing McDonnell Douglas aircraft in 2011, said the 767 offered 30 per cent greater fuel efficiency and a 20 per cent reduction in operating costs compared with the MD10.

FedEx also confirmed it has adjusted the retirement schedule of a further 23 airframes and 57 engines.

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