FedEx to Award Boeing $5B 767 Cargo Aircraft Order

News broke that FedEx is reportedly planning on purchasing at least 27 Boeing 767 cargo aircraft in the coming years. The deal was discussed in Seattle this past weekend and though the details of the meeting are private, the deal is said to be worth around USD$5 billion.

If the deal goes through, it will benefit both companies. Boeing would gain valuable sales amid a tough market for wide-body aircraft in general and cargo planes in particular as it develops a version of the 767 as an aerial refueling tanker for the U.S. Defense Department and FedEx would extend its strategy of replacing older, less fuel-efficient planes with new models. Sources for the companies didn’t have much to say.

“We constantly work on aligning our fleet plans with our business needs,” FedEx spokesman Jim McCluskey said in an email.

“We have nothing to announce at this time.” Marc Birtel, a Boeing spokesman, said the Chicago-based planemaker had no comment.

Aircraft upgrades are part of FedEx’s effort to cut $1.6 billion in costs at its FedEx Express airline unit. The 767’s capacity is similar to the older MD10s in FedEx’s fleet but is about 30 percent more fuel efficient than that three-engine model. Currently, FedEx has 35 unfilled orders for the Boeing 767 aircraft and the potential additional 25 would put FedEx ahead of the United Parcel Service Inc. to become the all-time largest customer for that model. As of February of this year, FedEx has 673 aircraft and last month they announced that 15 planes and 21 related engines will be permanently retired.

ASAP Aerospace, a parts purchasing resource created by ASAP Semiconductor, is a premier logistics and supply chain partner for all aerospace manufacturing and technology driven companies. ASAP Semiconductor is a leading distributor of Boeing parts. We are ISO 9001-2008 certified, ASA 100 accredited, and a member of the Aviation Suppliers Association. Prospective customers can browse our inclusive catalogue of both obsolete and in-production Boeing parts ranging from aircraft beams and passenger doors to ceiling panel assemblies and more at ASAP Aerospace. If you are interested in a part, please feel free to contact our knowledgeable sales staff at sales@asap-aerospace.com or call 1-714-705-4780 toll free for a quote.

1. jacob luiz
2. Posted on July 16, 2015
boeing parts