Jan. 5, 2015: Last year ended with stories that FedEx had commitments for 16 Boeing 777Fs. The reports concluded that this was a new deal.
This story, published Dec. 31, neatly summed up the report and included a comment from FedEx that these commitments have been listed in documents since August.
This did prompt us to take a dive into FedEx and Boeing documents and information to try and sort out some of the confusion. Here’s what we found:
- Through Dec. 22, Boeing shows 15 777 orders from Unidentified customers in 2015, but none from FedEx.
- On the Boeing Unfilled Orders website through November, the most recent update, FedEx is shown to have seven 777Fs to be delivered.
- Boeing also shows a total of 42 777Fs to be delivered. Of these, 33 were to Unidentified customers.
- FedEx’s Nov. 30 10Q shows 16 777Fs scheduled for delivery from 2018 through 2020 and “thereafter.”
- FedEx’s Aug. 31 10Q shows these 16 plus one more that was scheduled for delivery in 2015.
- FedEx’s May 31 10K also showed these airplanes. Initially nine orders were conditional on a labor contract. This since has been resolved, and the planes are no longer shown as conditional.
- Given the Boeing Unfilled orders website showing seven for FedEx, and FedEx showing 16, this means nine of the 33 Unidentified are to FedEx.