FedEx Express ordered 15 Boeing 777 Freighters in 2006 and is the largest customer for the highly efficient twinjet freighter.
This is Boeing's ninth 777 Freighter delivery and marks the first 777 Freighter to enter service with a U.S.-based global freight carrier.
"The 777F is a game changer," said Michael L. Ducker, president, International, FedEx Express. "Its operational efficiencies and environmental benefits alone are impressive, but combine those advantages with the service improvements it delivers and FedEx Express will be able to take international shipping to another level. Our customers around the world will benefit from more point-to-point routes and the shorter flight times, increasing their competitiveness in the global marketplace."
With the 777 Freighter, transit times from points in Asia to the FedEx hub in Memphis, Tenn., for example, will drop by one to three hours compared with the MD-11 Freighter. This will allow FedEx to accept packages from its customers later in the day and still deliver them on time.
"The 777 Freighter will have a unique role for FedEx Express, providing exceptional range that brings new efficiency to the airline and its customers," said Kevin Schemm, vice president, North America Sales, Boeing Commercial Airplanes. "The 777 Freighter will allow FedEx Express to operate point-to-point routes that save valuable flying time, coupled with outstanding fuel efficiency and environmental responsibility."
In the FedEx Express operation, the 777 Freighter can fly 5,800 nautical miles (6,675 statute miles, 10,740 km), an increase of 2,100 nautical miles (2,410 statute miles, 3,890 km) versus the airline's MD-11 Freighter fleet. The FedEx 777 Freighter has a revenue payload capacity of 215,000 pounds (97.5 metric tons), a 37,000-pound (16.7-metric-ton) increase over the MD-11 Freighter.
The 777 Freighter uses 18 percent less fuel than the MD-11 Freighter on comparable FedEx Express routes, reduces maintenance cost and provides quieter takeoffs and landings that meet airport noise standards.
Some 58 customers have ordered more than 1,100 777s, including 71 777 Freighters.
Showing posts with label FedEx. Show all posts
Showing posts with label FedEx. Show all posts
Monday, September 28, 2009
DTN News: Airlines News TODAY September 28, 2009 ~ Boeing And FedEx Express Celebrate Carrier's First 777 Freighter Delivery
DTN News: Airlines News TODAY September 28, 2009 ~ Boeing And FedEx Express Celebrate Carrier's First 777 Freighter Delivery
*Source: DTN News / Boeing
(NSI News Source Info) EVERETT, Wash., - September 28, 2009: Boeing (NYSE: BA) and FedEx Express September 22, celebrated the delivery of the world's largest air cargo carrier's first 777 Freighter. The world's largest and most capable twinjet freighter will help FedEx Express deliver more cargo even faster, allowing the carrier to offer customers greater flexibility.
FedEx Express ordered 15 Boeing 777 Freighters in 2006 and is the largest customer for the highly efficient twinjet freighter.
This is Boeing's ninth 777 Freighter delivery and marks the first 777 Freighter to enter service with a U.S.-based global freight carrier.
"The 777F is a game changer," said Michael L. Ducker, president, International, FedEx Express. "Its operational efficiencies and environmental benefits alone are impressive, but combine those advantages with the service improvements it delivers and FedEx Express will be able to take international shipping to another level. Our customers around the world will benefit from more point-to-point routes and the shorter flight times, increasing their competitiveness in the global marketplace."
With the 777 Freighter, transit times from points in Asia to the FedEx hub in Memphis, Tenn., for example, will drop by one to three hours compared with the MD-11 Freighter. This will allow FedEx to accept packages from its customers later in the day and still deliver them on time.
"The 777 Freighter will have a unique role for FedEx Express, providing exceptional range that brings new efficiency to the airline and its customers," said Kevin Schemm, vice president, North America Sales, Boeing Commercial Airplanes. "The 777 Freighter will allow FedEx Express to operate point-to-point routes that save valuable flying time, coupled with outstanding fuel efficiency and environmental responsibility."
In the FedEx Express operation, the 777 Freighter can fly 5,800 nautical miles (6,675 statute miles, 10,740 km), an increase of 2,100 nautical miles (2,410 statute miles, 3,890 km) versus the airline's MD-11 Freighter fleet. The FedEx 777 Freighter has a revenue payload capacity of 215,000 pounds (97.5 metric tons), a 37,000-pound (16.7-metric-ton) increase over the MD-11 Freighter.
The 777 Freighter uses 18 percent less fuel than the MD-11 Freighter on comparable FedEx Express routes, reduces maintenance cost and provides quieter takeoffs and landings that meet airport noise standards.
Some 58 customers have ordered more than 1,100 777s, including 71 777 Freighters.
FedEx Express ordered 15 Boeing 777 Freighters in 2006 and is the largest customer for the highly efficient twinjet freighter.
This is Boeing's ninth 777 Freighter delivery and marks the first 777 Freighter to enter service with a U.S.-based global freight carrier.
"The 777F is a game changer," said Michael L. Ducker, president, International, FedEx Express. "Its operational efficiencies and environmental benefits alone are impressive, but combine those advantages with the service improvements it delivers and FedEx Express will be able to take international shipping to another level. Our customers around the world will benefit from more point-to-point routes and the shorter flight times, increasing their competitiveness in the global marketplace."
With the 777 Freighter, transit times from points in Asia to the FedEx hub in Memphis, Tenn., for example, will drop by one to three hours compared with the MD-11 Freighter. This will allow FedEx to accept packages from its customers later in the day and still deliver them on time.
"The 777 Freighter will have a unique role for FedEx Express, providing exceptional range that brings new efficiency to the airline and its customers," said Kevin Schemm, vice president, North America Sales, Boeing Commercial Airplanes. "The 777 Freighter will allow FedEx Express to operate point-to-point routes that save valuable flying time, coupled with outstanding fuel efficiency and environmental responsibility."
In the FedEx Express operation, the 777 Freighter can fly 5,800 nautical miles (6,675 statute miles, 10,740 km), an increase of 2,100 nautical miles (2,410 statute miles, 3,890 km) versus the airline's MD-11 Freighter fleet. The FedEx 777 Freighter has a revenue payload capacity of 215,000 pounds (97.5 metric tons), a 37,000-pound (16.7-metric-ton) increase over the MD-11 Freighter.
The 777 Freighter uses 18 percent less fuel than the MD-11 Freighter on comparable FedEx Express routes, reduces maintenance cost and provides quieter takeoffs and landings that meet airport noise standards.
Some 58 customers have ordered more than 1,100 777s, including 71 777 Freighters.
Tuesday, January 13, 2009
FedEx Acquires Boeing's 777 Freighters, Deliveries Subject Global Economic: Report / FedEx Buys More Boeing Freighters, Defers Deliveries
FedEx Acquires Boeing's 777 Freighters, Deliveries Subject Global Economic: Report / FedEx Buys More Boeing Freighters, Defers Deliveries
(NSI News Source Info) NEW YORK - January 13, 2009: Federal Express 
Corp said on Monday its FedEx Express unit exercised options to buy 15 more Boeing 777 freighters,worth $3.75 billion at list prices, but it deferred delivery of some of the planes as the U.S. economy faces a bleak outlook.
The giant package delivery company now has 30 of Boeing's 777 Freighters on order, and holds an option to purchase a further 15.
In an update of a 2006 purchase agreement, Boeing is set to deliver four 777s in FedEx's fiscal 2010, four in fiscal 2011, three in each subsequent fiscal year through fiscal 2018, and the remaining one in fiscal 2019.
As a result of the extra orders and the rescheduled delivery dates, FedEx said its capital expenditures are expected to increase by about $15 million in fiscal 2009 and by about $2.75 billion over the following 10 fiscal years.
Last month FedEx cut pay for all salaried personnel by 5 percent and suspended retirement plan contributions as it looked to slash costs in the face of a global economic slowdown.
Corp said on Monday its FedEx Express unit exercised options to buy 15 more Boeing 777 freighters,worth $3.75 billion at list prices, but it deferred delivery of some of the planes as the U.S. economy faces a bleak outlook.
The giant package delivery company now has 30 of Boeing's 777 Freighters on order, and holds an option to purchase a further 15.
In an update of a 2006 purchase agreement, Boeing is set to deliver four 777s in FedEx's fiscal 2010, four in fiscal 2011, three in each subsequent fiscal year through fiscal 2018, and the remaining one in fiscal 2019.
As a result of the extra orders and the rescheduled delivery dates, FedEx said its capital expenditures are expected to increase by about $15 million in fiscal 2009 and by about $2.75 billion over the following 10 fiscal years.
Last month FedEx cut pay for all salaried personnel by 5 percent and suspended retirement plan contributions as it looked to slash costs in the face of a global economic slowdown.SPECIAL NOTICE: Aforementioned photo/image of FedEx Boeing's 777 Freighters courtesy Boeing. AERO SPACE NEWS claims copyright of similar photo/image. I assume Boeing should look into this aspect.
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