FedEx retiring 50 freighters from its aircraft fleet

FedEx Corporation has retired 18 Airbus A310-200 and six Boeing MD10-10 aircraft, as well as 43 jet engines, from its US Express fleet, reports Air cargo World. In a press release, the US-based integrator indicated that weakened market conditions led to the retirements. The 24 retired freighters join the five Boeing 727-200 aircraft FedEx cut from its fleet in the fourth quarter of fiscal-year 2012, according to the press release. This year, there will be even more capacity cuts, with the retirement of 21 B727 aircraft, a measure previously announced.