Over the last three years, FedEx has removed a net 31 jet aircraft from its fleet, a 7 percent reduction versus fiscal year 2022. This brings total aircraft at the company to 698, when including feeder planes operated by partner airlines. The reevaluation of the air fleet comes as the courier is two years into a wider $6 billion cost-cutting and consolidation plan. FedEx is targeting $1 billion in cost savings through its upcoming 2026 fiscal year after hitting its $4 billion Drive cost reduction goal through 2025. As part of the company's Network 2.0 delivery network consolidation embedded within Drive, Subramaniam revealed that FedEx is planning on removing roughly 30 percent of the company's service facilities by the completion of the initiative at the end of 2027. Thus far, Network 2.0 has resulted in the closure of 100 stations and the integration of 290 stations. The company says it is still looking to hit the $2 billion savings goal by the conclusion.