FedEx orders 50 Boeing freighters in deal worth US$9.97b

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.