FedEx Cutting Costs .. Reducing Flights
#91
Banned
Joined: Jun 2018
Posts: 1,838
Likes: 0
That's domestic. All of the reductions in the earnings call were for International and more cuts to be made after peak.
- 11% Trans-Pacific daily frequencies
- 9% Trans-Atlantic daily frequencies
- 17% of Asia to Europe daily frequencies
- Additional reductions to be taken post peak
That data is comparing Covid peak frequencies to new frequencies. If you compare the reduction amount to pre Covid frequencies and block hours it’s still a substantial net gain. I hope no one honestly thought that amount of frequency and block hours was gonna last forever.
The 10Q has an updated fleet delivery schedule also for 76/77.
Thread
Thread Starter
Forum
Replies
Last Post



