Fred Smith’s Company Now Hosts Over 500,000 Employees and 700 Planes
FedEx announced on June 22 that its founder and former executive chairman, Fred Smith, has died at 80 years old. The Marine Corps veteran’s creation stands strong today, having grown more than 50 times since its establishment in 1971.
Manufacturer Sends Request for Information to Engine Makers
Boeing has begun the slow, careful steps toward replacing the long-troubled 737 family…this time without a MAX attached to the name. The company issued a request for information (RFI) to several leading engine manufacturers, seeking proposals for a ducted propulsion system rated around 30,000 pounds of thrust.
Signs LOI For New Aircraft As ATR Enters U.S. Charter Market
ATR, a joint venture between Airbus and Leonardo, announced that public charter operator JSX will lease two ATR 42-600 aircraft to expand its premium offerings while also signaling the entry of ATR into the U.S. market. The announcement was made at this year’s 55th Paris Air Show at Le Bourget Airport.
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