777 Express

  

Major world markets are suddenly closer — now that FedEx Express flies direct via a fleet of Boeing 777 Freighters. The air freighter’s extra-long flight range means greater access to your global trade partners, reducing transit times by as much as a full day. By eliminating refueling stops, we’ve extended cutoff times by two hours in select markets. Fewer stops and less congestion at transfer hubs streamline your supply chain.
FedEx has already deployed more 777s than any other U.S.-based express cargo carrier, increasing your speed of delivery to key destinations across the globe. One more reason to go places with FedEx.
See how our 777 fleet can help you increase your speed to market.

Direct access to the world

With direct flights from Memphis to Seoul:

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  • FedEx International Priority® now delivers documents and packages from the U.S., Canada and select markets in Latin America to Seoul, South Korea, in 2 to 3 business days.
  • FedEx International Priority® Freight delivers shipments to South Korea as early as the second business day — on-time delivery backed by a money-back guarantee.
  • FedEx reduces transit times for both services by one day.


With direct flights from Memphis to the Middle East:

  • FedEx offers the fastest service to four major Middle Eastern markets: United Arab Emirates (Dubai), Afghanistan, Lebanon and Bahrain.
  • Transit times to these destinations have been reduced by up to a full day, and we provide a 1 p.m. local delivery time for Dubai.
  • FedEx also offers the widest geographic coverage for door-to-door priority freight shipping from the U.S. to the Middle East.
  • FedEx Express offers on-time delivery to the Middle East backed by a money-back guarantee.

Performance and Efficiency

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As part of an ongoing upgrade of the FedEx Express fleet, the new aircraft offers a premium blend of performance and efficiency. In service since February 2009, the Boeing 777 is the largest and longest-range twin-engine freighter. It has a payload capacity of 112 tons (102 metric tons). Its flight range of 4,900 miles (9,070 kilometers), with a full payload, is nearly 900 nautical miles more than the MD-11.
The 777 also represents the next step in FedEx efforts to reduce our carbon footprint. The aircraft supports the company’s commitment to the environment in three ways:

  • 24 percent better fuel economy per pound of revenue payload than the 747-400BCF, thanks to an advanced wing design, more efficient engines and a lighter structure.
  • 18 percent fewer emissions than the MD-11, largely because of the improved fuel efficiency.
  • QC2 noise standards, with advanced noise reduction on landings and takeoffs for maximum accessibility to noise-sensitive airports.

FedEx 777 Direct Lanes

Shanghai-Memphis-Narita-Shanghai
Hong Kong-Memphis-Incheon-Hong Kong
Singapore-Osaka-Memphis-Osaka-Singapore
Hong Kong-Paris-Hong Kong
Shenzhen-Memphis-Anchorage-Narita-Incheon-Shenzhen
Memphis-Dubai-Delhi-Paris-Memphis

FedEx Express to Acquire Boeing 777 Freighters

MEMPHIS, Tenn—Nov. 27, 2006—FedEx Express, a unit of FedEx Corp. (NYSE: FDX), announced today an agreement with The Boeing Company (NYSE: BA) to acquire 15 new Boeing 777 Freighter aircraft with options to purchase an additional 15 aircraft. The decision to purchase the 777F was made after Airbus announced significant delays in delivery of the A380. FedEx Express notified Airbus that it has cancelled its order for 10 A380-800Fs.

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'Global demand for air cargo and express services continues to grow rapidly and FedEx has made significant investments in our network to meet customers’ needs and fulfill our business objectives. Therefore, it was necessary and prudent for us to acquire the Boeing 777 Freighter.' said Frederick W. Smith, chairman, president and chief executive officer, FedEx Corp. “The availability and delivery timing of this aircraft, coupled with its attractive payload range and economics, make this choice the best decision for FedEx, its customers, shareowners and employees.”

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FedEx Express continues to be Airbus’ largest wide-body airplane customer and will add additional new and used Airbus wide-body aircraft to its fleet in coming years. Six new A300-600 aircraft are scheduled to join the FedEx fleet in 2007.

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Boeing 777

The Boeing 777 Freighter is the world’s largest twin-engine cargo aircraft with a range of more than 6,100 nautical miles and a revenue payload capacity of 171,000 pounds. This represents a 2,200 nautical mile increase in range and an additional 8,500 pounds of revenue payload over the MD-11F, which is FedEx’s primary long-haul aircraft. These advantages will result in more non-stop, point-to-point transoceanic routes with shorter flight times, enabling improved service offerings to FedEx customers. FedEx Express is expected to take delivery of four of the 777 aircraft in calendar year 2009, eight in 2010 and the remaining three in 2011.

“The Boeing 777F will allow FedEx Express to fly directly between major markets and hubs in Asia, Europe and the U.S. with more freight and in less time than it takes today, improving fuel efficiency and lowering total operating costs,” said David J. Bronczek, president and chief executive officer, FedEx Express.

777 Express

About FedEx Corp.

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FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $33 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brands. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 275,000 employees and contractors to remain “absolutely, positively” focused on safety, the highest ethical and professional standards and the needs of their customers and communities. For more information, visit http://www.fedex.com/.

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Certain statements in this press release may be considered “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to future events and financial performance. These forward-looking statements involve risks and uncertainties. Actual results may differ materially from those contemplated (expressed or implied) by such forward-looking statements, because of, among other things, economic conditions in the global markets in which we operate, as well as the other risks and uncertainties you can find in FedEx’s and its subsidiaries’ press releases and SEC filings, including the risk factors identified under the heading “Risk Factors” in “Management’s Discussion and Analysis of Results of Operations and Financial Condition” in FedEx’s most recent annual report on Form 10-K, as updated by FedEx’s quarterly reports on Form 10-Q.