Boeing inks $6.6bn deal with air cargo FedEx
Global air cargo carrier FedEx Express ordered last week 24 freighter aircraft from Boeing worth $6.6bn at list prices. The global air cargo industry saw a 10% increase in demand in 2017 and expects to witness another 4% to 5% increase this year, according to IATA. While trade tensions are rising, the industry is counting on e-commerce continuing to soar, with more people buying products online for quick delivery. Boeing has sold more than 50 wide-body freighters so far this year.