The 19 767-300 aircraft will be delivered from fiscal 2015 to 2019 and replace current MD-10 and A310-200 jets. As part of the agreement, Boeing has agreed to convert four Boeing 777s -- two in fiscal 2016 and two in fiscal 2017 -- to 767 equivalent purchase value.
"FedEx Express is positioning itself for more profitable growth by modernizing its aircraft fleet and better aligning its U.S. domestic air network to match current and anticipated shipment volumes," David J. Bronczek, CEO of FedEx Express, said in a statement.
The FedEx order is in addition to the order it placed in December 2011 for 27 767s and two 777s. At the time, FedEx's 767 order was seen as a bridge for Boeing manufacturing between 767 commercial jets and 767-based tankers for the U.S. Air Force.
"This order of additional 767 Freighters by FedEx reinforces the value of the airplane's capabilities in the market today and tomorrow,” Ray Conner, Boeing's newly named president of commercial airplanes, said in a statement.
Most recent Aerospace blog posts
- Last Mitsubishi MRJ test plane enters final assembly July 27
- Boeing considers cutting titanium to drop 787 cost July 24
- As Boeing’s 787 gets more reliable, suppliers see drop in spare-part sales July 24
- Boeing adds Japanese suppliers to 777X work July 24
- FedEx places the biggest-ever order for 767 freighters July 22
Our new comment system is not supported in IE 7. Please upgrade your browser here.