FedEx Express takes delivery of first 777 Freighter
FedEx Express has taken delivery of its first of 15 Boeing 777 Freighters it has on order with at least four of these serving Asia to US routes by April 2010. By 2014 the express company will have a total of 15B777 freighters in its fleet, it said. Ã¢â‚¬Å“The 777F is a game changer,Ã¢â‚¬Â said […]
October 1, 2009
Ã¢â‚¬Å“The 777F is a game changer,Ã¢â‚¬Â said FedEx Express, president, International, Michael L Ducker. Ã¢â‚¬Å“Our customers around the world will benefit from more point-topoint routes and the shorter flight times, increasing their competitiveness in the global marketplace.Ã¢â‚¬Â
With the 777 Freighter, transit times from points in Asia to the FedEx hub in Memphis, Tenn., for example, will drop by one to three hours compared with the MD-11 Freighter. This will allow FedEx to accept packages from its customers later in the day and still deliver them on time, the express giant said.
This is BoeingÃ¢â‚¬™s ninth 777 Freighter delivery and marks the first 777 Freighter to enter service with a US-based freight carrier.
Meanwhile, the FedEx group reported a 50 per cent drop in net profit for the first quarter of the financial year 2009 (ending 31 August) to US$181 million, compared to $384 million in the same period last year. Revenue fell 20 per cent to $8.01 billion.