Boeing Lands $6.6 Billion FedEx Deal
- Package-delivery company will add 12 767s and 12 777s
- New aircraft orders are meant to modernize aging cargo fleet
Photographer: Patrick T. Fallon/Bloomberg
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Boeing Co. landed a deal for 24 cargo aircraft from FedEx Corp. worth $6.6 billion as the revival in the air freight market continues to grow.
The package-hauler plans to add 12 of Boeing’s medium-size 767 freighters and 12 of the larger 777 cargo aircraft to its order book, the Chicago-based planemaker said in a statement Tuesday. FedEx is already the largest customer for both aircraft models.