First ATR 72-600F Aircraft Delivered to FedEx Express

FedEx fleet modernization achieves milestone with arrival of new regional freighter

MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, announced today the delivery of the first ATR 72-600F aircraft to its feeder aircraft network. The delivery of the new state-of-the-art freighter was made from ATR to FedEx in Toulouse, France.

“The arrival of the first ATR 72-600F is a major milestone in the modernization of our feeder aircraft fleet, and it positions us strongly to continue growing our global footprint and serve more customers in locations that aren’t always accessible by our larger jet fleet,” said Scot Struminger, EVP and CEO of Aviation, FedEx Express. “The ATR 72-600F was constructed with input from FedEx engineers every step of the way, so we’re proud and excited to finally take possession of this impressive aircraft.”

The ATR 72-600F is the first-ever production freighter built by ATR and can carry heavier payloads than ATRs converted from passenger configuration. The aircraft has a large cargo door, allowing for carriage of bulk cargo as well as Unit Load Device (ULD) configurations. It has a bulk capacity of 2,630 cubic feet (74.5 cubic meters), and when in ULD mode it can accommodate up to seven LD3 containers or five 88” x 108” pallets.

FedEx originally announced the purchase agreement with ATR in November 2017. Under the agreement, FedEx Express made a firm purchase of 30 ATR 72-600F aircraft with options to purchase up to 20 more. Subsequent deliveries will be about six aircraft per year over a five-year period. The first ATR aircraft will be operated by ASL Airlines Ireland, a FedEx ATR operator since 2000, as part of the FedEx Express Feeder fleet.

FedEx currently deploys 364 feeder aircraft operating in 56 countries. Most of these feeder aircraft are owned by FedEx and leased and operated by different third-party air carriers under their own operating certificates. The FedEx feeder fleet is comprised of aircraft under 60,000 pounds maximum gross take-off weight and allows the company to provide fast, economical services to small and medium-sized businesses around the world.

About FedEx Express

FedEx Express is the world's largest express transportation company, providing fast and reliable delivery to more than 220 countries and territories. FedEx Express uses a global air-and-ground network to speed delivery of time-sensitive shipments, by a definite time and date with a money-back guarantee.¹

About FedEx Corp.

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenue of $71 billion, the company offers integrated business solutions through operating companies competing collectively, operating collaboratively and innovating digitally under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its nearly 600,000 team members to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities. To learn more about how FedEx connects people and possibilities around the world, please visit about.fedex.com.

¹ Subject to relevant terms and conditions