FedEx Corp. Accelerates Aircraft Retirements | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-06.23.25

Airborne-NextGen-06.24.25

AirborneUnlimited-06.25.25

Airborne-AffordableFlyers-06.26.25

AirborneUnlimited-06.27.25

Wed, Jun 03, 2015

FedEx Corp. Accelerates Aircraft Retirements

Posts $276 Million Impairment And Related Charges In FY15

FedEx Corp. has permanently retired 15 aircraft and 21 related engines as it continues to rationalize capacity and modernize its aircraft fleet to more effectively serve FedEx Express customers.

The permanent retirement of aircraft and related engines includes:

  • Seven MD11 airframes and 12 related engines;
  • Three A300 airframes and three related engines;
  • Four A310-300 airframes and three related engines; and
  • One MD10-10 airframe and three related engines.
  • The impact of retiring these aircraft, engines and related parts resulted in a non-cash impairment charge of $246 million recorded in May 2015.

FedEx has also adjusted the retirement schedule of an additional 23 airframes and 57 engines. FedEx also recognized in May 2015 $30 million in cash charges associated with these actions. These combined retirement changes will not have a material impact on near-term depreciation expense.

FMI: www.fedex.com

Advertisement

More News

NTSB Final Report: Douglas A-4K

Pilot Applied Full Aft Stick And Nose-Up Trim, But The Airplane Remained On The Runway Analysis: The pilot reported that a preflight inspection and flight control checks revealed n>[...]

ANN FAQ: Q&A 101

A Few Questions AND Answers To Help You Get MORE Out of ANN! 1) I forgot my password. How do I find it? 1) Easy... click here and give us your e-mail address--we'll send it to you >[...]

Classic Aero-TV: PBY Catalina--From Wartime to Double Sunrise to the Long Sunset

From 2022 (YouTube Edition): Before They’re All Gone... Humankind has been messing about in airplanes for almost 120-years. In that time, thousands of aircraft representing i>[...]

ANN's Daily Aero-Term (07.01.25): Advanced Air Mobility (AAM)

Advanced Air Mobility (AAM) A transportation system that transports people and property by air between two points in the NAS using aircraft with advanced technologies, including el>[...]

ANN's Daily Aero-Linx (07.01.25)

Aero Linx: MQ-1B Predator The MQ-1B Predator is an armed, multi-mission, medium-altitude, long-endurance remotely piloted aircraft that is employed primarily as an intelligence-col>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC