FedEx Express (FX, Memphis International) announced in its fourth quarter 2024 fiscal results that it has permanently retired twenty-two B757-200(SF) and seven related engines, which resulted in a noncash impairment charge of USD157 million.

The planes’ exit is part of the company’s plan to modernise its fleet, improve its global network efficiency, and better align its air network capacity with current and anticipated demand, parent entity FedEx said.

“These actions, coupled with the previously…

Source: ch aviation
Read more: US’s FedEx Express retires 20% of its B757 fleet