Tag

Aircraft Retirement

All articles tagged with #aircraft retirement

US Air Force Plans to Retire A-10s and Cancel E-7 Procurement by 2027

Originally Published 6 months ago — by Defense News

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Source: Defense News

The US Air Force plans to retire all 162 A-10 Warthog attack jets and cancel the E-7 Wedgetail program by 2026, as part of a broader budget plan that includes retiring several other aircraft and increasing spending on new technologies like the B-21 Raider and F-15EX Eagle II, contingent on congressional approval of the budget reconciliation bill.

Defense Bill: Retiring A-10s and F-15s, Boosting Military Pay, and Addressing 'Culture War' Issues

Originally Published 2 years ago — by Defense News

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Source: Defense News

The compromise defense policy bill would allow the Air Force to retire older F-15 Eagle fighters and A-10 Warthogs, but would block the retirement of 32 older F-22A Raptors. Lawmakers are requesting more information on the Air Force's plans for incorporating collaborative combat aircraft and creating the Next Generation Air Dominance future fighter platform. The bill also requires the Air Force to maintain a minimum inventory of 1,112 fighters and present a long-term plan for its tactical fighter force. Additionally, the bill addresses the acquisition of fleets of collaborative combat aircraft and the update of the Air Force's tanker fleet.

FedEx downsizes fleet and revenue misses expectations.

Originally Published 2 years ago — by FreightWaves

Featured image for FedEx downsizes fleet and revenue misses expectations.
Source: FreightWaves

FedEx plans to retire 29 aircraft from its fleet this year, including nine MD-11 freighters, as part of its program to eliminate permanent costs and make its logistics network more flexible amid a slowdown in global trade. The company's Express unit will park 20 aircraft in fiscal year 2024. FedEx reduced global flight hours by 12% YoY during the fourth quarter, and domestic aircraft utilization is down even more. The aircraft retirements were a large component of the unit’s $1.1 billion reduction in operating expense.