By 8 p.m., FedEx shares had fallen $13.80 to $232.41 in after-hours trading on Thursday. Through the close of market, the stock price has fallen 5.3% for the year.

The largest capital project in airport history was intended to fully modernize the A, B and C terminals but a change to the plan will leave A and C without seismic retrofit or refreshed amenities. At least for now. 

Starting May 8, Spirit Airlines will offer direct flights between Memphis International Airport and Detroit Metro Airport four days a week: Sunday, Monday, Thursday and Friday. 

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Allegiant to pause flights from Memphis to Los Angeles

The airline is set to close its base of operations at Los Angeles International Airport, leaving the Memphis airport with one less flight to LAX. 

In all, nearly one-third of MATA buses weren’t showing up where or when they were scheduled to.

The company, with brands including Spam, Skippy, Applegate and Planters, will open a 280,000-square-foot facility at 8690 Tulane Road.

The busiest days will be Friday, Sunday and Monday, with more than 10,000 passengers passing through the security checkpoint. 

Memphis-Shelby County Airport Authority officials said daily flights will be offered until April 10 when they will decrease to three times a week on Tuesdays, Thursdays and Sundays.

With the nonstop flight, Memphians have access to six-night vacation packages to resorts in Cancún, Riviera Maya and Costa Mujeres.

Crews are focusing on preventing ice and snow buildup on runways and taxiways while also clearing ramps, service roads, terminal roadways and more.

A new-to-Memphis airline is launching non-stop flights to two destinations, including one the Memphis International Airport considers its “top unserved destination.”

Memphis is the No. 2 city in the nation for cargo theft behind Los Angeles-Long Beach, and it’s a problem that “has a ripple effect” for retailers and consumers. 

Lance Moll will serve in his role until Jan. 31 and move into an executive advisor position until July 31. 

The three-story building will feature a rooftop observation deck that will overlook the airfield and be used for community outreach. 

FedEx released a service alert Thursday saying delays and disruptions for inbound and outbound shipments are possible “due to local conditions and restrictions.” 

American Airlines flights were cleared to fly by federal regulators about one hour after a national ground stop order was issued.

Analysts say FedEx Freight, worth $30 billion, should be traded against its peers, not locked up inside. 

The company affirms the value of its savings programs, more than $6 billion through 2027, but downgrades earnings-per-share for the rest of the year.

The project will start in April and is expected to take two years. Ultimately a five-lane road will be the airport’s entrance.

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Holiday airport travel to peak Friday

More than 105,000 passengers expected to depart from here in the two-week holiday travel period. 

The company expects the transaction, which will produce two publicly traded companies, will be executed in 18 months.

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FedEx sees some gains in face of stubborn economy, other headwinds

AutoZone President and CEO Phil Daniele said the Memphis-based company is positioned for growth heading into the remainder of FY 2025. 

One analyst said cargo volumes at Memphis likely will not return to the glory days of past years as FedEx pushes for higher-margin packages. 

Beverly Becton, 38-year employee of Delta Air Lines, lights up the gates at MEM with her customer shoutouts, including roses for birthdays and anniversaries, right down to the family pet. 

Memphis International starts to get busy on holidays around 4 a.m. because, as a non-hub airport, planes must leave early to get to hubs for transfers.