FedEx Projects Profit Surge, Despite MD-Eleven Grounding
Update: 2025-11-11
Description
FedEx projects higher earnings, but MD-Eleven grounding poses challenges: As the holiday season approaches, FedEx CFO John Dietrich forecasts surpassing last years earnings, but the grounding of MD-Eleven aircraft due to a fatal crash threatens operational efficiency and increases costs, highlighting the delicate balance between safety and logistics in the air freight industry.
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