FedEx Boosts Asia Pacific-EU Lane with Two More Boeing 777 Flights

Launches First Direct Flight from Asia Pacific Hub in Guangzhou to Europe

HONG KONG, July 12, 2012 – FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, announced it has launched two additional Boeing 777 Freighter (777F) routes in Asia Pacific.  Both 777F routes have five weekly flights from Tuesday through Saturday, connecting Shanghai and Guangzhou in China to the FedEx Hub in Cologne, Germany.  This is the first time that FedEx has launched a 777F direct flight from its Asia Pacific Hub in Guangzhou to Europe.

“The deployment of more non-stop 777F services from Asia Pacific to Europe marks continuous efforts by FedEx to strengthen our network and meet increasing customer demand between these two important trade lanes,” said David L. Cunningham, president, Asia Pacific, FedEx Express. 

The two new 777Fs meet the growing demand for capacity between Asia Pacific and Europe, and continue to demonstrate the FedEx commitment to environmental sustainability by using fuel-efficient aircraft with lower carbon emissions.

FedEx is the first U.S.-based, global, all-cargo freight airline to add the 777F to its fleet.  With the launch of two more 777F routes in China, FedEx now operates seven 777F routes connecting Asia Pacific to the U.S and Europe[1].

777F Background

The 777F is the world’s largest twin-engine cargo aircraft.   In typical FedEx operations, the 777 Freighter has a revenue payload capacity of 178,000 pounds (81 metric tons), and can fly 5,800 nautical miles, the equivalent of about 6,675 land miles or nearly three times the approximate distance between the east and west coasts of the U.S.  This represents a payload improvement of 14,000 pounds and range improvement of 2,100 nautical miles as well as 18 % less fuel consumed over similarly arranged MD-11Fs, which until now has been the primary long-haul aircraft in the company’s fleet.  Over shorter ranges, the 777F has the capability of payloads up to 215,000 pounds.  Investing in the more environment-friendly and economical 777Fs, FedEx commits to reduce its CO2 aircraft emissions[2] by 20% by 2020. 

About FedEx

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $43 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 300,000 team members 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 news.fedex.com.

About FedEx Express

FedEx Express is the world’s largest express transportation company, providing fast and reliable delivery to every U.S. address and to more than 220 countries and territories.  FedEx Express uses a global air-and-ground network to speed delivery of time-sensitive shipments, by a definite time and date with a money-back guarantee[3].

[1] FedEx operates direct 777F services from the following destinations to the U.S.: Hong Kong, Shanghai, Shenzhen and Japan, and from Hong Kong to Europe.

2 Carbon dioxide emissions on a pound per ATM basis, or Available Ton Mile, which is defined as one ton of cargo capacity transported one mile.

3 Subject to relevant terms and conditions

For further information, please contact:

Jenny Lai of Bite Communications

Email: jenny.lai@bitecommunications.com

Phone: +852 2973 0222

SOURCE: Submitted by Bite Communications