Fedex cancels A-380 order
11-07-2006, 10:17 AM
#2
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Joined APC: Aug 2005
Position: Airbus F/O
Posts: 297
Company Cancels A380 Order
MEMPHIS, Tenn.--(BUSINESS WIRE)--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.
"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.”
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.
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.
MEMPHIS, Tenn.--(BUSINESS WIRE)--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.
"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.”
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.
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.
11-07-2006, 11:14 AM
#5
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Joined APC: Dec 2005
Position: FO, looking left
Posts: 1,057
A380 payscale... Will it transfer to the 777 pay sclae (GOOD) or will it be covered under the wide body pay scale (BAD).
Since FedEx has added 757's and 777's, and 757's are paid at the lower narrow body rates, then the 777's should be paid at the higher A380 rates.
What does everyone else think??
Since FedEx has added 757's and 777's, and 757's are paid at the lower narrow body rates, then the 777's should be paid at the higher A380 rates.
What does everyone else think??
11-07-2006, 11:17 AM
#6
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Joined APC: Sep 2006
Posts: 297
I agree, the Airbus 380 was not designed adequately. Airbus rushed the project, made false promises, and now is paying the price for their mistakes.
If you take a look at the A380 flight deck, you'll notice that it’s not much different from other Airbus flight decks. It's the same blue design from the 80’s; they seem to be stuck with the original design of the original 320. On the other hand Boeing is moving forward, creating lighter aircraft, and designing helpful futuristic flight decks. Boeing is moving forward, while Airbus continues to stall back. I believe the A380 flight deck should have been more advanced, there was no need for a flight deck that resembles the A340 because the A380 looks nothing like the 340 and performs differently. Its different training altogether so in this case cockpit familiarity doesn’t help.
If you take a look at the A380 flight deck, you'll notice that it’s not much different from other Airbus flight decks. It's the same blue design from the 80’s; they seem to be stuck with the original design of the original 320. On the other hand Boeing is moving forward, creating lighter aircraft, and designing helpful futuristic flight decks. Boeing is moving forward, while Airbus continues to stall back. I believe the A380 flight deck should have been more advanced, there was no need for a flight deck that resembles the A340 because the A380 looks nothing like the 340 and performs differently. Its different training altogether so in this case cockpit familiarity doesn’t help.
11-07-2006, 01:37 PM
#10
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Joined APC: Jan 2006
Posts: 2,838
Originally Posted by FDXLAG
What does this do to the value of that autographed A380 auctioned for united way. My guess is it goes way up. I wonder if FS knew when he autographed it.LAG
If you really want one that bad, I'll be in SFS over T-day. I'll order you one and have it shipped to your home. I'll even have the local Filipino put on FWS's signature for you......
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