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.
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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.
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