FedEx Parks Jets Sooner to Cut Costs as Economy Slows – Bloomberg
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FedEx Parks Jets Sooner to Cut Costs as Economy Slows
Bloomberg (FDX), already in the midst of a $ 1.7 billion restructuring, will accelerate plans to park 86 fuel-guzzling older aircraft to further reduce operating costs as economic expansion falls short of its forecasts. The company recorded a $ 100 million … FedEx Sees $ 100 Million Charge on Jet Cutbacks as Economy Slows |
