Old News
Why do you guys have your panties in such a wad?
FedEx has been doing this for close to 20 years. First it was 727s, then with A-310s. Now it's a mix of '-310s and 757s. Basically, we are just exercising our "fifth freedom" rights. Last time I checked Europe was not a single country.
EurEx is quite free to open a hub in Wichita and fly to other countries in North and South America. You could deadhead your crews back and forth from Europe. Why, you could even connect it with your vast air network serving pretty much the entire civilized world!
That's pretty much what FedEx does.
And once again: FedEx does NOT (presently) have a crew base in Europe.