FedEx buying ATR aircraft

FedEx buying ATR aircraft

FedEx Express is buying at least 30 new planes from ATR as part of its fleet modernization plan.

In a statement issued yesterday (8 November), FedEx said it has agreed to make a firm purchase of 30 ATR 72-600F aircraft with options to purchase up to 20 additional ATR 72-600Fs.

Delivery of the first aircraft is expected in 2020, with subsequent deliveries of about six aircraft per year over a five year period.

“The purchase of new, more advanced feeder aircraft like the ATR 72-600F is the next step in our very successful fleet modernization strategy, which has helped us greatly improve our fuel efficiency and fleet reliability in recent years,” said David L. Cunningham, president and CEO, FedEx Express.

“We worked closely with ATR, which developed this new aircraft with special features to help us grow our business, especially in the air freight market where shipments are larger and heavier.”

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