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FedEx orders Boeing freighters for $6.6 billion

Reuters 

(Reuters) - FedEx Express, a unit of package delivery company FedEx Corp , has ordered 24 medium and large freighters from Boeing Co , the world's biggest planemaker said on Tuesday, as e-commerce demand boosts air freight business. The new airplanes, Boeing's 767 and 777 freighters, have a list price of $6.6 billion, said Boeing, which has sold more than 50 widebody freighters so far this year, including the latest order.Air freight demand is expected to increase 4 percent this year, according to the International Air Transport Association (IATA). Last year was the best for cargo since 2010, ...

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First Published: Wed, June 20 2018. 04:43 IST
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