FedEx Express has ordered 27 Boeing 767-300 Freighters and has exercised existing options for two additional Boeing 777 Freighters.

FedEx Express has ordered 27 Boeing 767-300 Freighters and has exercised existing options for two additional Boeing 777 Freighters.

Boeing has not provided a theoretical list-price value for the deal but senior air cargo industry sources believe it likely that, as one of Boeing’s largest customers for new-build freighters, FedEx Express has negotiated substantial discounts off the list prices of the aircraft – particularly the Boeing 767-300 Freighters.

“FedEx Express is one of the industry’s premier air-freight carriers. The way they have operated the 777 has demonstrated to the world its capabilities as a freighter. We are excited they have chosen to further expand their 777 fleet,” says Jim Albaugh, Boeing Commercial Airplanes’ president and CEO .

“We’re also looking forward to seeing the 767 join FedEx’s line-up of airplanes,” adds Albaugh. “The 767 is a proven freighter and this order constitutes a strong vote of confidence for its capabilities. It is an airplane that we will be building for decades.”

On December 15, 2011, FedEx Express ordered 27 Boeing 767-300 Freighters and exercised options for two additional Boeing 777 Freighters. This image shows the freighters in FedEx Express livery

FedEx Express has ordered General Electric CF6-80C2 engines for its Boeing 767-300 Freighters. All Boeing 777 Freighters are powered by General Electric GE90-110B1L or GE90-115B1L engines, the most powerful turbofan engines in the world.

The new 777 Freighters will support FedEx Express’ growth in the international cargo market. The Boeing 767-300 Freighter will be a new model for the Memphis, Tennessee-based freight carrier’s fleet of more than 690 aircraft.

According to Boeing, the addition of the 767 Freighters will enable FedEx Express to replace its less-efficient, medium-widebody cargo aircraft (many of them converted Airbus A310s) with freighters that provide fuel, maintenance and other cost savings.

“The 767-300 Freighter will be a great complement to our freighter fleet,” says David Bronczek, president and chief executive officer of FedEx Express. “The 767 freighter, with its solid efficiency among medium widebody cargo airplanes, is an ideal solution to support our strategy of providing fast and reliable delivery to every U.S. address and to more than 220 countries and territories.”

Boeing’s 767-300 Freighter is based on the Boeing 767-300ER passenger aircraft. Able to carry approximately 58 tons (52.7 tonnes) of revenue cargo with intercontinental range, the 767-300 Freighter is suitable for developing new long-haul, regional or feeder markets.

Based on the ultra-long-range Boeing 777-200LR, the Boeing 777 Freighter is the world’s longest-range, twin-engine freighter. It can fly 4,900 nautical miles (9,070 kilometers) with a full payload of 103 tons.  FedEx is the largest operator of 777 freighters, with 17 aircraft in operation and with orders and options for an additional 41 aircraft.

Boeing says the FedEx Express order builds on a record year for the 777 program, bringing the manufacturer’s 2011 net order total of 777s to 200 aircraft.