From the investor relations news release... Interesting that we buy gas at $3.16/gallon (pays to buy in bulk).
Stay focused guys, "We're in negotiations..." suddenly air freight is dying...? :roll eyes) company comms during neg. are designed make you feel like you should be happy to have what you got now... keeps expectations low. Read "Confessions of a Union Buster" if you haven't. Great insight to what goes on behind the scenes; if it didn't work they wouldn't pay a ton of $$ to do it.
FedEx Express Aircraft Fleet Facts
As of Feb. 28, 2013, FedEx Express’s fleet totaled 660 aircraft, including 368 jet aircraft.
During the four quarters ended Feb. 28, 2013, FedEx Express spent $3.8 billion on 1.2 billion gallons of jet fuel.
The B757 is significantly more fuel efficient per pound of payload and has 20% additional payload capacity than the B727 it replaces.
The B767 will provide similar capacity as the MD10s, with improved reliability, an approximate 30% increase in fuel efficiency and a minimum of a 20% reduction in unit operating costs.
The B767 shares spare parts, tooling and flight simulators with the B757.