FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) has further increased capacity with the launch of two new flights connecting Asia Pacific (APAC) businesses to Europe and North America respectively.
At the same time, it has added wide-body 767 freighters, making the FedEx fleet in Asia 100% wide-body.
FedEx increased its intra-Asia network capacity by replacing Boeing 757 narrow-body freighters with Boeing 767 wide-body freighters.
This has almost doubled the cargo capacity to Indonesia, Vietnam, Thailand and the Philippines. The FedEx Boeing 767 freighter offers a maximum gross payload capacity of nearly 60,000 kgs, building on the current FedEx operational strength. At the same time, the wide-body aircraft provides 38% more fuel efficiency.
“With businesses reopening worldwide in varying phases, cross-border trade is gaining renewed momentum. Building a more robust and resilient global network is vital to empowering APAC businesses and supporting them in tapping growth opportunities,” says Kawal Preet, president of the Asia Pacific, Middle East, and Africa (AMEA) region at FedEx Express.
“Our intercontinental flight expansion, and enhancement of our fleet over the past few months, is testament to the FedEx commitment to support businesses of all sizes, particularly with the rapid growth of e-commerce and the upcoming year-end holiday peak.”
Recently, FedEx further enhanced its cross-border e-commerce capabilities with the launch of FedEx® International Connect Plus (FICP), a new FedEx Express International, day-definite, e-commerce shipping service that combines competitive speed with attractive prices.
Greater connectivity between Asia, Japan and Europe
One of the two new FedEx flights provides additional connectivity and reliable service to and from Europe, and service enhancements to importers in Japan. Europe is Japan’s third-largest trading partner and, this year, Japan saw a year-on-year (YoY) increase of 28% in its global imports.
This new FedEx Asia-Europe flight connects FedEx Charles de Gaulle (CDG) Hub in Paris, France to FedEx APAC hub in Guangzhou, China, four days per week via Kansai International Airport in Osaka, Japan, and one day a week via Singapore Changi Airport, providing 10 extra connections each week for APAC customers to and from Europe.