FedEx Cancels Order for 10 Airbus A380s
November 7, 2006
MEMPHIS, Tenn. – FedEx Corp. said Tuesday it has canceled its order for 10 Airbus A380 jets, the new jumbo double-decker plane that has been dogged by numerous delays.
The company’s FedEx Express unit has ordered 15 Boeing Co. 777 Freighters, and has options to purchase an additional 15, FedEx said in a news release. The company cited Airbus’ production delays as the reason for the decision.
Airbus recently doubled the production delay for the A380 jet to two years. To streamline production, Airbus on Monday said it will slash the number of suppliers it uses from 3,000 to 500 to streamline production.