FedEx posts 6% quarterly income decline, expects 'limited' growth

FedEx posted a 6% drop in net income for its fiscal third quarter ended Feb. 29 to $393 million compared to $420 million in the year-ago period and warned that rising fuel prices and "a weak US economy" likely portend "limited earnings growth" for the current three-month period and its next fiscal...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.