FedEx to park or retire 35 freighters on express headwinds, severed Amazon ties

Concurrent with the release of its 1QFY20 earnings, FedEx announced plans to park or retire the equivalent of up to thirty-five MD-10-10F, A310-300F and MD11F aircraft by the end of its next fiscal year. The company blamed weaker than expected express demand on trade friction and other macroeconomic influences battering the industrial sector. FedEx also […]

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