Air Transport World

FedEx Corp. (Cargo).(Brief Article)

FedEx Corp. reported net income of $ 147 million for the fiscal third quarter ended Feb. 28, up 23% over net income of $120 million in the year-ago period. Executive VP and CFO Alan Graf said that the "strong momentum" should continue into the fourth quarter.

FedEx Express, the airline unit, said net income for the quarter was flat year-over-year at $69 million. Revenue was up 8% to $4. …

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