FedEx wrapping up fleet modernization, buying more planes
FedEx Express moves shipments of Pfizer’s COVID-19 vaccine. While the logistics giant is working toward retiring some of its older planes, it appears interested in keeping its fleet growing at the same time. (Courtesy FedEx/The Daily Memphian file)
As of May 31, FedEx Express had $1.3 billion in deposits and progress payments on aircraft purchases, including 46 Boeings it plans to buy by 2025.
Topics
FedEx FedEx Express Mike LenzRob Moore
Rob Moore covers North Mississippi for The Daily Memphian. He holds a B.A. and an M.A. in English from The University of Memphis.
Comments
Want to comment on our stories? If you’re a subscriber, scroll down to the comments. If you’re not a subscriber, only paid subscribers can add their thoughts, so subscribe now. Our commenting policy can be viewed here.