FedEx faces $120 million hit from MD‑11 fleet grounding in Q3 FY26 After the FAA grounding in 2025, FedEx plans to resume MD-11 operations once the ban is lifted, while UPS fully retired the aircraft from its fleet.

FedEx Corporation’s third quarter fiscal 2026 results were marked by strong revenue growth and profitability, but the company also faced a significant operational challenge: the grounding of its MD‑11 aircraft fleet.

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