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FedEx bails on Airbus 380
 FedEx Corp. said Tuesday it has canceled its order for 10 Airbus A380 jets, the new jumbo double-decker plane that has been dogged as it were by numerous delays. The company's FedEx Express unit has ordered 15 Boeing Co. 777 freighters and taken options on an additional 15, FedEx said in a news release. The company cited Airbus' production delays as the reason for the decision. Airbus regrets the decision by FedEx, company spokeswoman Barbara Kracht said, "but we understand their need to urgently address their capacity growth."
FedEx did not immediately return a call for comment. Boeing did a little happy dance and said delivery of its aircraft to FedEx Express will begin in 2009. "We're looking forward to working with FedEx on this new chapter in our relationship," said Ray Conner, vice president of sales for the Americas for Boeing Commercial Airplanes.
Posted by: Seafarious 2006-11-07 |
