FedEx orders 27 newbuild B767-300Fs
The B767Fs will provide similar capacity to the MD-10F, but offer improved reliability, approximately 30 percent greater fuel efficiency and a minimum 20 percent improvement in operating costs, FedEx said.
Jim Albaugh, president and CEO of Seattle-headquartered Boeing Commercial Airplanes, remarks: "The 767 is a proven freighter and this order constitutes a strong vote of confidence for its capabilities. It is an airplane that we will be building for decades."
David Bronczek, president and CEO of FedEx Express, points out: "The 767 freighter, with its solid efficiency among medium widebody cargo planes, is an ideal solution to support our strategy of providing fast and reliable delivery to every US address and to more than 220 countries and territories."
FedEx already operates a total of 17 B777 freighters, an important part of its fleet of more than 690 aircraft, and this latest deal also saw the integrator exercise an option it had on acquiring two more of the model.
Furthermore, it took the decision to delay the delivery of 11 B777Fs, two of which will be deferred from the 2013 fiscal year, five from the 2014 financial year and one per year in each of the 2015-28 financial years.
As a result of these delivery postponements - which it said will "better balance air network capacity to demand" - FedEx Express has confirmed that it expects to put four B777Fs into service in the 2013 financial year and two in the following 12 months.
Alan Graf, executive vice president and chief financial officer of FedEx Corp, explains: "FedEx Express took action during the quarter to adjust its network, particularly in Asia, as recent inventory destocking trends have impacted demand for our FedEx Express services."