Rock On
Fed Ex is NOT delaying the delivery of the first 777, Boeing did due to the strike. The first revenue flight is expected in November of this year and the delivery schedule is on track, barring any problems from Boeing of course. The transition from supplimental to domestic flag and ETOPS is moving along at a torrid pace. Fed Ex is not retracting jsut re-tooling. Fred Smith has publically stated that he expects to double the growth in ten to fifteen years. Pay cuts and reduction in guarantees, are just a bump in the road. He who discounts Fred is doing so at his own peril.