FedEx Express (Memphis), a wholly owned subsidiary of FedEx Corporation (Memphis), has agreed to purchase 50 additional 767-300F aircraft from The Boeing Company. In addition to the 50 confirmed orders, FedEx also has options to purchase a total of 50 767F aircraft.
The 50 firm-order aircraft will be delivered from fiscal 2018 through fiscal 2023. Total capital spending for fiscal 2016 remains at $4.6 billion. The impact to capital spending in fiscal 2017 from this new order is immaterial. With this order, FedEx Express now holds a total of 106 firm orders for 767Fs from The Boeing Company through fiscal 2023.
The newer 767Fs will help the company retire its older aircraft. From this fleet plan as of May 31, 2015, the company was planning to retire the Airbus A310s in 2016 and the McDonnell Douglas MD-10-10s and MD-10-30s in 2021. This may now be expedited with this order.
The order will also help Boeing keep the 767 line going.
Copyright Photo: James Helbock/AirlinersGallery.com. Boeing 767-3S2F ER N102FE (msn 42707) approaches the runway at San Diego.
Boeing (Chicago) and FedEx Express (Memphis), an operating company of FedEx Corp. (Memphis), yesterday (September 4) celebrated the delivery of the company’s first 767-300 freighter. The delivery supports the FedEx strategy to modernize its fleet with more efficient freighters.
The 767 Freighter is an ideal upgrade for the fleet serving the FedEx Express domestic network, providing improved fuel, maintenance and cost savings over the MD-10 freighters it will replace. FedEx Express gains additional efficiency through the ability to share parts, tooling and flight simulators between the 767 and the more than 70 757 freighters already in its fleet.
The 767 freighter is based on the popular 767-300 ER (extended range) passenger airplane. Able to carry approximately 58 tons (52.7 tons) of revenue cargo with intercontinental range, the 767 Freighter is ideal for developing new long-haul, regional or feeder markets.
The airplane joins other Boeing freighters in the FedEx fleet such as the MD-10, MD-11, 757 and the 777.
Copyright Photo: Nick Dean/AirlinersGallery.com. Boeing 767-3S2F N101FE (msn 42706) is pictured at Paine Field near Everett, WA on a test flight prior to the official hand over.