FedEx Shrinks Fleet, Will Speed Retirements
FedEx plans to accelerate the retirement of 60 MD-10s over the next “several years.”
FedEx plans to accelerate the retirement of 60 MD-10s over the next “several years.”

FedEx announced last week the retirement of 10 aging widebody freighters and a decision to accelerate the withdrawal of 76 more in an effort to speed a fleet modernization as continued weakness in the cargo business pressures carriers to cut fuel and maintenance costs. Last week the International Air Transport Association projected a further 2-percent contraction in yields across the industry for this year following a 6.3-percent decline last year.