FedEx places an order for 8 additional B777F cargo planes due to an optimistic forecast.

FedEx has agreed to purchase eight new Boeing 777 freighters and two used ones, set to be integrated into their fleet in 2026 and 2027. These fuel-efficient aircraft, acquired at favorable prices, will aid in fleet management and support a planned $1 billion in aircraft capital expenditures through FY26. The company aims to retire older, less efficient models like the MD-11 while focusing on premium market segments. In Q3 FY2025, FedEx reported a revenue increase to $22.2 billion, although net income declined, but anticipates reducing structural costs by over $4 billion by FY25.