I missed the following quote:
"The Boeing 777F will allow FedEx Express to fly directly between major markets and hubs in Asia, Europe and the U.S. with more freight and in less time than it takes today, improving fuel efficiency and lowering total operating costs," said David J. Bronczek, president and chief executive officer, FedEx Express."
This is exactly what Boeing has being claiming for the passenger market. Packages represent the ultimate hub and spoke and here is the worlds biggest package hauler saying it is cheaper to go point to point.
I don't have a dog in this fight but this is really a kick in the shorts to Airbus. I wonder if you can short sell A380 slots?
20driver