EX-15.1 4 a2118825zex-15_1.htm EXHIBIT 15.1
QuickLinks -- Click here to rapidly navigate through this document


EXHIBIT 15.1

The Board of Directors and Stockholders
FedEx Corporation

        We are aware of the incorporation by reference in the Registration Statements (Form S-8 Nos. 2-95720, 33-20138, 33-38041, 33-55055, 333-03443, 333-45037, 333-71065, 333-34934, 333-55266, 333-100572 and Form S-3 No. 333-86342) of FedEx Corporation and in the related Prospectuses, of our report dated September 16, 2003, relating to the unaudited condensed consolidated interim financial statements of FedEx Corporation that are included in its Form 10-Q for the quarter ended August 31, 2003.

    /s/  ERNST & YOUNG LLP      
     
Memphis, Tennessee    
September 17, 2003    


QuickLinks