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Thread: Fed Ex Cancels A380F, orders 777F.

  1. 2006-11-07, 12:47 PM #1
    Alex T
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    Fed Ex Cancels A380F, orders 777F.

    FedEx Express to Acquire Boeing 777 Freighters

    Company Cancels A380 Order

    MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Express, a unit of FedEx Corp. (NYSE: FDX), announced today an agreement with The Boeing Company (NYSE: BA) to acquire 15 new Boeing 777 Freighter aircraft with options to purchase an additional 15 aircraft. The decision to purchase the 777F was made after Airbus announced significant delays in delivery of the A380. FedEx Express notified Airbus that it has cancelled its order for 10 A380-800Fs.

    News Release-- http://biz.yahoo.com/bw/061107/20061107005865.html?.v=1


    What a Blow to Airbus, but I also understands Fed Ex needs for on time delivery and unfortunatly Airbus was not able to promise it. Good news for Boeing and the 777F program hope to see it succeed as well.

    Alex
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  2. 2006-11-07, 12:49 PM #2
    RDU-JFK
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    Wow. Thanks for posting this. I wonder if anyone else will be next to pull their order
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  3. 2006-11-07, 01:12 PM #3
    mirrodie
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    WOW...

    Im a bit shocked.

    I mean seriously, that is a blow to the ego to say the least.

    Too bad, i'd love to see as many whalejets into JFK as possible.
    And I, I took the path less traveled by
    and that has made all the difference......yet...
    I have a feeling a handle of people are going to be very interested in what I post in the near future.

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  4. 2006-11-07, 01:17 PM #4
    Midnight Mike
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    Just a guess, I would not be surprised to see UPS do the same thing.
    “The problem with socialism is that you eventually,
    run out of other people’s money.    ” - Margaret Thatcher
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  5. 2006-11-07, 01:20 PM #5
    Ari707
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    I wonder if they also considered the 747-800F?
    Overheard on JFK TOWER - S Turns are fine, U-Turns are bad....
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  6. 2006-11-07, 01:39 PM #6
    T-Bird76
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    WOW that is a HUGE HUGE blow to the 380 program, I'm speechless.
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  7. 2006-11-07, 01:57 PM #7
    MarkLawrence
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    That is definately a BIG blow for Airbus and the 380 - what a strike for Boeing though! I wonder if this is a crack in the floodgates for the cancelling of 380 orders??
    Mark Lawrence - KFLL
    Davie, FL

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  8. 2006-11-07, 02:34 PM #8
    Ari707
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    it could be that other airlines were waiting to see what others would do, and loosing a launch customer is HUGH!!!! it could open the flood gates or others see it as an oppertunity to move up on the order list and lessen their delay.
    Overheard on JFK TOWER - S Turns are fine, U-Turns are bad....
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  9. 2006-11-07, 02:34 PM #9
    Midnight Mike
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    Quote Originally Posted by Ari707
    I wonder if they also considered the 747-800F?
    If you are talking about UPS, I would bet that UPS is speaking to Boeing right now about the 747-800F, since Boeing is locking down the design....

    Thing is, UPS & FEDEX need big airplanes, now.....
    “The problem with socialism is that you eventually,
    run out of other people’s money.    ” - Margaret Thatcher
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  10. 2006-11-07, 02:39 PM #10
    Ari707
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    will Fed-EX have the 777 before they were scheduled to get the A380?
    Overheard on JFK TOWER - S Turns are fine, U-Turns are bad....
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  11. 2006-11-07, 02:41 PM #11
    PhilDernerJr
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    OOMPH!

    That is jsut painful for Airbus. As great of an order it is for Boeing, I really pity EADS right now.
    Email me anytime at [email protected].
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  12. 2006-11-07, 02:48 PM #12
    Midnight Mike
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    Quote Originally Posted by Ari707
    will Fed-EX have the 777 before they were scheduled to get the A380?
    Just a guess, with the 777, FEDEX was probably more concerned with getting a firm delivery schedule, which is something that Airbus could not guarantee with the A380....
    “The problem with socialism is that you eventually,
    run out of other people’s money.    ” - Margaret Thatcher
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  13. 2006-11-07, 02:51 PM #13
    Ari707
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    do they get their full deposit back?
    Overheard on JFK TOWER - S Turns are fine, U-Turns are bad....
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  14. 2006-11-07, 03:03 PM #14
    Matt Molnar
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    Quote Originally Posted by mirrodie
    Too bad, i'd love to see as many whalejets into JFK as possible.
    I don't think we'd have seen them much anyway. I believe they were meant to fly mainly between their Memphis hub and points overseas.

    Still, a huge victory for Boeing. UPS can probably renegotiate and get their 380s for a carton of smokes.
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    All four engines have stopped. We are doing our damnedest to get them under control.
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  15. 2006-11-07, 03:25 PM #15
    Midnight Mike
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    Quote Originally Posted by Ari707
    do they get their full deposit back?
    Depends on the contract, but, you don't screw around with a company like FEDEX, so, I would take a guess that FEDEX would get their deposit back.
    “The problem with socialism is that you eventually,
    run out of other people’s money.    ” - Margaret Thatcher
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