FedEx has permanently retired 12 aircraft from its fleet and taken a $21 million impairment charge in its fiscal fourth quarter that ended on May 31. As part of its annual results announcement, the ...

FedEx is slowly redeploying its fleet of MD-11 aircraft that were grounded for seven months following the fiery crash of a UPS freighter, but has also decided to retire 10 aging aircraft. The post ...

After grounding its entire MD-11 fleet in November, the carrier began reintroducing the aircraft in May, CEO Raj Subramaniam said.

The company expects to have its entire fleet active by the fourth quarter.

FedEx has temporarily grounded some cargo aircraft and reduced the frequency of freighter flights in response to a slowdown in global demand for package deliveries. The Tennessee-based shipping and ...

Freight giant FedEx will ground more aircraft after both revenues and operating income declined during its fiscal fourth quarter due to “demand weakness and cost inflation”. Freight giant FedEx will ...

FedEx recently announced its plans to test autonomous drone cargo delivery and has chosen to use Elroy Air’s Chaparral VTOL (vertical take-off and landing) aircraft for the job. One of the ...

Add Yahoo as a preferred source to see more of our stories on Google. NORFOLK, Va. (WAVY)– An aircraft made an emergency landing at Norfolk International Airport (ORF) Monday night. According to ...

A FedEx aircraft had to abort a landing in heavy fog to avoid colliding with a Southwest Airlines passenger jet on the same runway. The crew operating FedEx's Boeing 767 had to execute a "climb out" ...