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Airbus and Boeing express 5G interference concerns

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Bosses of two of the world’s biggest aircraft makers are warning against the rollout of 5G technology

The bosses of Airbus and Boeing – the world’s biggest plane makers – are calling on the Biden administration to delay the rollout of 5G telco services.

The executives fear that C-Band spectrum 5G wireless could interfere with aircraft electronics.

In a letter, top executives at Boeing and Airbus warned that the technology could have “an enormous negative impact on the aviation industry.”

US telco giants AT&T and Verizon are due to deploy 5G services on 5 January

“5G interference could adversely affect the ability of aircraft to safely operate,” said the bosses of Boeing and Airbus Americas, Dave Calhoun and Jeffrey Knittel, in a joint letter to US Transportation Secretary Pete Buttigieg.

The letter cited research by trade group Airlines for America which found that if the Federal Aviation Administration’s (FAA) 5G rules had been in effect in 2019, about 345,000 passenger flights and 5,400 cargo flights would have faced delays, diversions or cancellations.

The aviation industry and the FAA have raised concerns about potential interference of 5G with sensitive aircraft equipment like radio altitude meters.

This month, the FAA issued airworthiness directives warning 5G interference could result in flight diversions, stating that it would provide more information before the 5 January rollout date.

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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