FedEx Express to acquire 50 additional Boeing 767-300F aircraft

FedEx Express agreed to purchase 50 additional 767-300F aircraft from Boeing as it continues to modernize its aircraft fleet to more effectively serve its customers. In addition to the 50 confirmed orders, FedEx also has options to purchase a total of 50 767F aircraft. The 50 firm-order aircraft will be delivered from fiscal 2018 through fiscal 2023. Total capital spending for fiscal 2016 remains at US$4.6bn. The impact to capital spending in fiscal 2017 from this new order is immaterial. With this order, FedEx Express now holds a total of 106 firm orders for 767Fs from Boeing through fiscal 2023.