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Thread: FedEx Express to Acquire Boeing 777 Freighters and Cancels A380F
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Old Nov 7, 2006 | 9:25 am
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Arrow FedEx Express to Acquire Boeing 777 Freighters and Cancels A380F
MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Express, a unit of FedEx Corp. (NYSE: FDX - News), announced today an agreement with The Boeing Company (NYSE: BA - News) 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.

Link to article:

http://biz.yahoo.com/bw/061107/20061107005865.html?.v=1
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