FedEx Express First to Take Delivery of Airbus A380 Freighter

FedEx Express First to Take Delivery of Airbus A380 Freighter

    Business Editors/Transportation Writers

    PARIS--(BUSINESS WIRE)--Jan. 17, 2005--

A380-800F's capacity, range and efficiency to benefit FedEx customers' access to global commerce
    FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX), announced today that it will be first to take delivery of the giant Airbus A380-800F in August 2008 and the first to deploy the plane in service for its global customers.
    "The A380 will play a significant role in our ongoing efforts to expand our networks and broaden our range of services," said Frederick W. Smith, chairman, president and chief executive officer, FedEx Corp. "With its ability to provide greater network capacity with lower direct operating costs, the A380 will facilitate even more global trade, and the ultimate beneficiaries will be our customers, and future customers, around the world."
    Delivery of the first A380 cargo plane will be followed by two more by the end of 2008, three more in 2009, three in 2010 and the 10th in 2011. FedEx also holds options for 10 additional aircraft.
    "Manufacturers and suppliers already know that FedEx has the best network to help them benefit from the growing global economy. The addition of the A380 freighter further strengthens our capabilities to connect the world's supply chain to the global marketplace," Smith said.
    During the first year of operation, the three FedEx planes will operate on long-range routes between FedEx hubs in Asia and North America. Additional routes from Europe to North America and Europe to Asia will be added as more aircraft are added to the fleet in coming years.
    The A380 is capable of flying more than 330,000 lbs. (150 metric tons) within 40,000 cubic feet (1,100 cubic meters), and provides significantly lower direct operating costs than today's largest flying aircraft. The A380 Freighter, which has a range of about 6,000 nautical miles (11,100 kilometers), will have ton/mile costs that are expected to be approximately 15 to 20 percent lower than the MD-11--the company's largest aircraft.

    About FedEx

    FedEx Corp. (NYSE:FDX) provides customers and businesses worldwide with the broadest portfolio of transportation, e-commerce and business services. With annual revenues of $27 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx and Kinko's brands. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 250,000 employees and contractors to remain "absolutely, positively" focused on safety, the highest ethical and professional standards and the needs of their customers and communities. For more information, visit fedex.com.

A380 FREIGHTER FACT SHEET

Purchase Announcement Date: January 2001

Purchase Signing Date: July 2002--FedEx Express, the first U.S. carrier to order the aircraft, was among 20 carriers who actively participated in working groups throughout the early conceptual phase of the A380 program, helping to ensure a market-matched product by design.

Purchase quantity: 10--A380-800F FedEx holds options for ten additional A380 aircraft.

Delivery date: 3 in 2008; 3 in 2009; 3 in 2010; 1 in 2011.

Engine: General Electric-Pratt & Whitney Engine Alliance's GP7200 FedEx has signed a 20-year fleet management agreement with the Engine Alliance for the engines' maintenance. The contract begins in 2008.

Capacity: More than 330,000 lbs.(150 metric tons) within 40,000 cubic feet(1,100 cubic meters). This is twice the payload of the MD-11, which is 155,000 lbs. within 19,000 cubic feet.

Wing Span: 261 feet 10 inches/ 79.8 meters

Length: 239 feet 6 inches / 73 meters

Height: 79 feet 1 inch / 24.1 meters

Fuel Tank Capacity: 82,000 U.S. gallons / 310,000 liters

Range: 6,000 nautical miles/(11,100 kilometers). Currently, the MD-11 has a range of 4,200 nautical miles.

Routing: Initially, long-range routes from FedEx hubs in Asia to FedEx hubs in North America hubs. Additional EMEA to North America and EMEA to APAC routing will be added.

Operating Facilities: 882 stations (677 domestic; 205 international) and 10 air express hubs

Current Hubs: Asia Pacific: Subic Bay, Philippines Canada: Toronto, Ontario Europe/Middle East/Africa: Paris, France Latin America-Caribbean: Miami, Fla. United States: Memphis, Tenn Anchorage, Alaska Fort Worth, Texas Indianapolis, Ind. Newark, N.J. Oakland, Calif.

--30--TLM/na*

CONTACT: FedEx Global Communications, 901-434-8100 www.fedex.com//us/about/news/newsroom/

KEYWORD: INDIANA FLORIDA CALIFORNIA ALASKA TEXAS TENNESSEE NEW JERSEY FRANCE PHILIPPINES INTERNATIONAL CANADA ASIA PACIFIC EUROPE Finance INDUSTRY KEYWORD: TRAVEL AIRLINES TRANSPORTATION MARKETING AGREEMENTS SOURCE: FedEx Global Communications

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