Post Tagged with: "FedEx"

A record quarter for FedEx — plus mattresses and gym equipment, too!

A record quarter for FedEx — plus mattresses and gym equipment, too!

June 23, 2017 at 10:50 am 0 comments

FedEx reported revenue up 21.2% y-o-y in its fiscal fourth quarter (ended 31 May) to a record $15.73 billion. Net income for the quarter was $1.02 billion, up from a net loss of $68 million in 4QFY16, and operating income for the quarter was $1.58 billion (compared to a $70Read More

The technology of airfreight

The technology of airfreight

June 16, 2017 at 10:57 am 0 comments

Most of us have come across a colleague or friend bemoaning the air freight industry’s inability to “innovate” or “modernize”. If you have not, try bringing up electronic air waybill penetration during your next cocktail party – after more than a decade of pushing carriers to go paperless, adoption isRead More

E-commerce drives express fleet expansion — Part II

E-commerce drives express fleet expansion — Part II

April 13, 2017 at 10:40 am 0 comments

Today, in Part II of our annual analysis of the worldwide express fleet, we look at changes to the fleets of two of the three biggest players – FedEx and UPS. We start with TNT, which was acquired by FedEx last year. (You can read Part I here.) As part of FedEx’sRead More

E-commerce drives expansion of express fleets worldwide

E-commerce drives expansion of express fleets worldwide

April 12, 2017 at 10:24 am 0 comments

Today we begin a three-part analysis of the jet freighter fleets of express companies worldwide. We start with some background, and then a look some of the smaller (and perhaps more interesting) companies. Tomorrow and the day after, we’ll look at the big boys, and conclude with a look into theRead More

UPS goes for 767 conversions

UPS goes for 767 conversions

April 6, 2017 at 10:18 am 0 comments

As I write this in Seattle this morning, a 767-300ER, in Japan Airlines livery, is passing overhead, en route from Tokyo (HND) to Goodyear (GYR) in the US. However, while the livery might make you think this is a JAL aircraft, the registration tells a different story. Until last month,Read More

FedEx: “Forget Q3”

FedEx: “Forget Q3”

March 22, 2017 at 10:53 am 0 comments

FedEx reported net income in its fiscal third quarter up 10.8% to $562 million, as revenue rose 18.5% to $15.00 billion. Reported operating income was also up strongly (18.6%) to $1.03 billion. Great results, right? Well, yes, and no. Because, as has become almost usual with financial reports in ourRead More

New faces in high places

New faces in high places

January 24, 2017 at 10:51 am 0 comments

This week brings three big executive suite changes, two directly in the air freight world (including David Bronczek’s promotion to President of FedEx Corp), and one very close to it. We’ll start with the latter: Etihad Airways: Abu Dhabi-based Etihad Airways confirmed today that, as part of a major shake-up,Read More

AEI’s CRJ200 P-to-F program certified.

AEI’s CRJ200 P-to-F program certified.

October 31, 2016 at 2:15 pm 0 comments

The US Federal Aviation Administration granted Supplemental Type Certification to Aeronautical Engineers, Inc for its CRJ200 large-door passenger-to-freighter conversion program. The conformity aircraft (7029, ex-SkyWest Airlines) was converted at the Commercial Jet facility in Miami, but has now been ferried to Commercial Jet’s Dothan facility for painting into the liveryRead More