UPS Grounds Entire MD-11 Fleet Following November Crash, Accelerating Retirement of Aging Cargo Workhorses
In a decisive move prompted by last year's fatal accident, UPS has permanently retired its entire fleet of McDonnell Douglas MD-11 freighters. The decision, incurring a $137 million charge, highlights the mounting pressures and risks within a global air cargo industry grappling with severe aircraft shortages and aging fleets.