FedEx delays 777 delivery

FEDEX has postponed the delivery of its first of 15 new Boeing 777s by up to 17 months. This is a delay to Boeing of US$275 million.

Four of the aircraft were to be delivered next year but have been postponed until 2010 while the ten for 2011 have been pushed back until 2012.

Boeing has told Air Cargo News that it is not concerned about the flurry of postponements to deliveries that various airlines have been making recently.

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