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FedEx Express is the company's original overnight courier services, providing next day air service within the US and time-definite international service. It operates one of the largest civil aircraft fleets in the world, has the largest fleet of wide bodied civil aircraft, and carries more freight than any other airline. [ 21 ]
FedEx Express operates the world's largest cargo air fleet with more than 650 aircraft, [43] and is the largest operator of the Airbus A300, ATR 42, Cessna 208, DC-10/MD-10, and the MD-11. [ citation needed ] The company took delivery of the last Boeing 727 built in September 1984 and the last A300/A310 built in July 2007. [ 44 ]
On April 7, 1994, Federal Express Flight 705, a McDonnell Douglas MD-10-30 cargo jet carrying electronics equipment across the United States from Memphis, Tennessee, to San Jose, California, was the subject of a hijack attempt by Auburn R. Calloway, a Federal Express employee facing possible dismissal at a hearing scheduled for the following day for having lied about his flight hours. [3]
The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 versus its prior range of $20 to $22. That sent shares tumbling nearly 15%.
FedEx Ground is the division's core package delivery service which delivers daily to all 50 US states with delivery timeframes of 1-5 days for the Contiguous United States and 3-7 days for Alaska and Hawaii. Its FedEx International Ground service ships packages between the United States and Canada and within Canada. [13]
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