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FedEx Expects MD-11 Freighters to Return to Service in Spring, Bracing for $175 Million Cost Impact
FedEx expects MD-11 freighter operations to resume in the spring after a temporary grounding that reduced peak-season air cargo capacity and increased costs. CFO John Dietrich said the company now anticipates $175 million in additional expenses to offset lost capacity and maintain service levels. The MD-11 fleet was removed from service following a fatal UPS accident on 8 November, after…
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