FedEx orders 50 Boeing freighters in deal worth US$9.97b
This biggest order for the freighter allows the planemaker to extend its production line well into the next decade
Singapore
FEDEX Corp, the world's largest cargo firm, has signed a deal to buy 50 additional Boeing Co 767-300 freighters in the biggest order ever for the plane, allowing the aircraft maker to extend its production line well into the next decade.
The deal, announced in a statement by the US cargo operator, includes options for another 50 767Fs and is worth US$9.97 billion at list prices. Customers typically receive an undisclosed discount off the list prices.
TRENDING NOW
Knight Frank Singapore CEO Galven Tan resigns after 2.5 years at helm
ABSD deadline extended to up to 7 years for developers of large en bloc sites to encourage reuse of land
15-month wait-out curb lifted for private property owners buying HDB resale flats
Philippines’ income upgrade hides grim reality for most Filipinos