Memphis, Tennessee - FedEx Express is preparing to retire its all MD-10-10(F) and A310-300(F) jets by mid-2021 due to the global market slowdown in the freight market.
The company currently operates three Airbus A310-300(F) and seventeen MD-10-10(F). With these removals, the two aircraft types will completely be eliminated from the American cargo specialist's fleet.
This year, the company already grounded some of its MD-11(F)s due to the tough market conditions.
The global freight market was severely hit mainly because of the trade dispute between the United States and China.
In addition to that, the American E-Commerce giant Amazon did not renew its contract with FedEx.
The fleet of FedEx also includes 12 MD-10-30(F), 56 MD-11(F), 68 Airbus A300-600(F), 111 Boeing 757-200(PF), 77 Boeing 767-300(F), and 42 Boeing 777F.
The freighter operator also has 50 Boeing 767-300(ERF) and ten Boeing 777-200(F) in its order book that will be directly delivered by Boeing.