FedEx cuts jet fleet, adds fuel-efficient planes (The Indianapolis Star)

FedEx says it will permanently remove 14 jets from service as part of an overall plan to reduce capacity amid weak economic conditions. The Memphis, Tenn.-based company will remove the jets — 10 Airbus A310s and four Boeing MD10s — by May 31, along with some excess engines. It will take a $180 million charge for the move. FedEx Corp. expects to take delivery of newer, more fuel-efficient …

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