Tag Archives: FedEx Express

FedEx orders two more Boeing 777F freighters

FedEx Express (Memphis) has ordered two more Boeing 777F freighters.

Copyright Photo: Nick Dean. Departing in the early morning misty light at Everett (Paine Field) is new Boeing 777-FS2 N851FD (msn 37722).

FedEx Corporation reports higher fourth quarter and full year earnings

FedEx Corporation (Memphis) reported fourth quarter net income of $419 million, up from last yearโ€™s net loss of $876 million.

For the fiscal full year, net income of $1.18 billion was reported, up from last yearโ€™s $98 million.

Copyright Photo: Brian McDonough. McDonnell Douglas MD-11 (F) N586FE (msn 48487) is seen at the Anchorage hub.

FedEx exceeds expectations in 3Q, net income up 146% to $239 million

Please click on the AG icon for a direct link to the FedEx photo gallery.

FedEx Corporation (Memphis) today reported the following consolidated results for the third quarter exceeding expectations:

  • Revenue of $8.70 billion, up 7% from $8.14 billion a year ago
  • Operating income of $416 million, up 129% from $182 million last year
  • Operating margin of 4.8%, up from 2.2% the previous year
  • Net income of $239 million, up 146% from last yearโ€™s $97 million

Read the full report:

finance.yahoo.com/news/FedEx-Corp-Third-Quarter-Net-bw-3484552874.html?x=0&.v=1

Close-up of FedEx Panda Express special sticker

Copyright Photo: Brian McDonough.

FedEx Panda Express departs Washington Dulles at 1205 today bound for Chengdu

Copyright Photo: Brian McDonough.

Air France to sell two new Boeing 777F freighters to FedEx Express

Please click on the AG icon for a direct link to the Air France photo gallery.

Air France (Paris) has signed a letter of intent to sell two new Boeing 777F freighters to FedEx Corporation (Memphis), a spokesman for Air France told Dow Jones Newswires. The new 777Fsย have not yet been delivered to AF and the sale will not affect the current 777F fleet.

Full report:

www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201001290841dowjonesdjonline000267&title=air-france-to-sell-2-new-777-boeing-cargo-aircraft-to-fedex

Coming Soon: A new FedEx 777F “Panda Express”

Please click on the AG icon for a direct link to the FedEx photo gallery.

FedEx Express (Memphis)ย is donating its logistical services to transport two giant pandas from the United States to China on February 4, 2010. Working in conjunction with the Smithsonianโ€™s National Zoo in Washington, D.C. and Zoo Atlanta, FedEx Express will fly the pandas non-stop from Washingtonโ€™s Dulles International Airport to Chengdu, China.

Tai Shan, a 4-and-a-half-year-old male panda born at the National Zoo, and Mei Lan, a 3-year-old female panda born at Zoo Atlanta, will travel onboard a custom-decaled FedEx Express 777 Freighter (777F) โ€“ known as the โ€œFedEx Panda Express.โ€

FedEx Express will fly Mei Lan from Atlanta to Washington, D.C., where she will join Tai Shan in preparation for the trans-Atlantic flight. Onboard the 777F aircraft โ€“ which is solely dedicated to the pandasโ€™ journey โ€“ Tai Shan and Mei Lan will travel in two custom-built transport containers provided by FedEx Express. The pandas will depart Washington, D.C. late morning on February 4 and arrive in Chengdu late afternoon on February 5, approximately 14 ยฝ hours between take-off and landing.

Boeing 777-FS2 N850FD (msn 37721) has been selected as the aircraft to wear the special “Panda Express” markings.



FedEx introduces the Boeing 777F on the Memphis-Shanghai route

FedEx Express (Memphis) earlier this month introduced the new Boeing 777F on the MEM-Shanghai route.

Press release:

finance.yahoo.com/news/FedEx-Express-Enhances-bw-2736879690.html?x=0&.v=1

FedEx Corporation reports 2Q net profit of $345 million, down 30%

FedEx Corporation (FedEx Express) (Memphis) reported net income of $345 million in the fiscal second quarter ending on November 30. This represents a decline of 30 percent compared with the same period a year ago.

Press release:

finance.yahoo.com/news/FedEx-Corp-Reports-Second-bw-3626574951.html?x=0&.v=1

Copyright Photo: TMK Photography.

UPS and FedEx spar in Congress over FedEx labor rules

News link:

www.reuters.com/article/marketsNews/idCNN2727264420091028?rpc=44