FedEx (FDX) plans to return its MD-11 cargo jets to service next month, a move which will allow the company to cut back on expensive leased planes it has enlisted since regulators grounded all MD-11s following another carrier’s crash in November, Esther Fung and Drew FitzGerald of The Wall Street Journal reports. According to a memo sent to FedEx employees, Boeing (BA) has tested and produced a new part for the jet. While FedEx has validated the proposed fix, it is waiting for U.S. regulators to sign off on it.
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