Air France Sells 2 New Boeing 777's to FedEx
 

PARIS (Dow Jones)--France-KLM (AF.FR) has signed a letter of intent to sell two new Boeing Co. (BA) cargo 777 aircraft to FedEx Corp. (FDX), a spokesman for Air France told Dow Jones Newswires Friday.

The new aircraft haven't been delivered to Air France and the sale won't affect the number of flights conducted by Air France's cargo division which currently operates five cargo aircraft, the spokesman added.

He declined to give a price for the aircraft. The aircraft's list price is between $252.5 million and $260.5 million.

Air France has moved to cut down on its cargo capacity in reaction to the economic downturn, which has led to a slump in business. The airline aims to bring the cargo division to break-even levels in the fiscal year 2011-2012.

-By Mimosa Spencer, Dow Jones Newswires; +33 1 40 17 17 73; [email protected]

Its nice to hear good news for a change. Unlike the 6 hours I have been waiting for a trip trade.

Believe me I feel the same way.

How long does it take to change the instrument panel from French to English? :rolleyes:

"Too expensive"... They'll put out a 45 minute required French language CBT that all crews will have to complete (no pay) before flying the new airframe, or be removed from the trip without pay. "Because we can."

C'est la guerre.

Learning French will be easy for all those guys who bid the 777 and now have all that time off due to training in progress.

Rosetta Stone CBTs on the EFB!

I wonder if one of them is that one in glossy white parked out by spot "M".....

Yea, great news. More ULR flying at wide-body pay. :rolleyes: