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FedEx to buy 14 757s from United Airlines

March 25, 2013, Memphis, Tenn. - Courier delivery services firm FedEx will purchase 14 Boeing narrow-body 757 jetliners from United Airlines and plans to convert them into freighters, as part of its efforts to reduce fuel costs.


March 25, 2013
By Carey Fredericks

The agreement also includes an option for an additional 16 aircraft.

 

FedEx
is expected to take delivery of initial batch of 14 airliners later
this year and will continue taking deliveries into 2015.

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The courier firm also has 70 mid-size wide-body 767s and long-range 777s on order.

 

In
2007, Tennessee-based FedEx started purchasing 757s, which can carry
20% more cargo and burn a third less fuel compared with the three-engine
Boeing 727s.

 

Converting the 757 from passenger aicraft into a
freighter is estimated to cost about $5m per aeroplane and could take
three months to complete.

 

The aircraft that are being purchased from United Continental were all used on domestic routes.

As of 31 December, the airline operated a fleet of 233 757-200s, with 47 jets having an average age of 19 years.

 

Last year, United Airlines said that it would phase out its ageing 757s after placing a firm order for 150 Boeing 737-900ERs, 100 of them being the 737 Max version, which is scheduled to enter service before 2020.

 

The
carrier will retain 757-300 aeroplanes, it owns nine and operates 12 on
a leased basis, which are used primarily on transatlantic routes.

 

Powered
by Rolls-Royce RB211 or Pratt & Whitney PW2000 series turbofans,
the Boeing 757 offers 20% reduction in fuel consumption from the engines
and an additional 10% from aerodynamic improvements, compared with the
preceding 727.

Boeing had stopped production of the 757 in 2004, after delivering 1,050 of them to 54 customers.