Post&Parcel--FedEx Express has announced plans to buy an additional 19 Boeing 767-300F aircraft, and also convert four of its existing orders for 777F aircraft into equivalent 767 orders.

The company has been restructuring its air fleet, particularly in North America, to take out aging Airbus and MD10 aircraft and replace them with more efficient B767s, and also to reduce or delay planned purchases of the intercontinental B777 freighters to respond to a cooling in the long-range international express market. Read more!