FedEx Projects Profit Surge, Despite MD-Eleven Grounding

FedEx projects higher earnings, but MD-Eleven grounding poses challenges: As the holiday season approaches, FedEx CFO John Dietrich forecasts surpassing last years earnings, but the grounding of MD-Eleven aircraft due to a fatal crash threatens operational efficiency and increases costs, highlighting the delicate balance between safety and logistics in the air freight industry.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.