FedEx wrapping up fleet modernization, buying more planes

By , Daily Memphian Updated: August 25, 2022 2:17 PM CT | Published: August 25, 2022 2:17 PM CT

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. 

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FedEx FedEx Express Mike Lenz
Rob Moore

Rob Moore

Rob Moore is an Arkansas native who moved to Memphis to attend the University of Memphis. He holds a B.A. and an M.A. in English. He covers Public Companies, Transportation and Logistics, and Banking and Finance.


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