FedEx Express flies 12 new flights to China

FedEx Express, an operating union of FedEx Corp. (NYSE: FDX), announced on October 21 that it would fly new flights to China, and expand its business scope in China as well.

FedEx Express remarked that this activity aimed at further consolidating its global leading position in express services sector, and enabling itself to own the most flights to China among all American express companies.

FedEx Express has submitted an application to the US. Department of Transportation for opening another additional 6 flights by 2006, to bring the total to 29. It also prepares to bring Guangzhou into the global express network and the expressnetwork in the Asia-Pacific region.

On October 19, FedEx Express was successfully awarded 12 additional weekly flights to China by the US. Department of Transportation. Of them, 6 will connect America with Shanghai, via other airports in Europe and Asia, and 11 will start flights to Shanghai, Beijing and Shenzhen.

In addition, FedEx Express remained the sole express company that owned the non-stop flight to Shenzhen by far.

From News Express, Page 1, Monday, October 25, 2004 [email protected]

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