Boeing, FedEx Express Announce Order For Four 767 Freighters
SEATTLE, Dec. 19, 2012 /PRNewswire/ -- Boeing [NYSE: BA] and FedEx Express, a wholly owned subsidiary of FedEx Corp., today announced an order for four 767 Freighters. The order is part of FedEx's initiative to modernize its fleet.
"These additional 767 orders will help accelerate our fleet modernization program as we replace our aging MD-10 freighter fleet," said James R. Parker, FedEx Express executive vice president, air operations. "These new 767s will provide significantly improved reliability and are substantially more fuel-efficient than the aircraft they will replace. They will be an excellent addition to the FedEx fleet."
The addition of the 767 Freighters will enable FedEx to replace its less efficient medium widebody cargo airplanes with freighters that provide fuel, maintenance and other cost savings. The freighters also increase efficiency by sharing spare parts, tooling and flight simulators with the Boeing 757s that are part of the FedEx air fleet.
"The 767 Freighter is an ideal fit for FedEx Express," said Brad McMullen, vice president of North America Sales for Boeing Commercial Airplanes. "It will provide a more efficient freighter for FedEx Express's fleet modernization efforts and help align its network with anticipated cargo volumes."
The 767 Freighter is based on the popular 767-300ER (extended range) passenger airplane. Able to carry approximately 58 tons (52.7 tonnes) of revenue cargo with intercontinental range, the 767-300 Freighter is ideal for developing new long-haul, regional or feeder markets. Contact: Tim Bader North America/Leasing Communications425-717-0672 Tim.s.bader@boeing.com More information: http://www.boeing.com/commercial/767family/300f/index.html Photo and caption are available here: http://boeing.mediaroom.comSOURCE Boeing
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
