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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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Will Australia’s foreign investment rule create an economic boost?

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Australian Treasurer Dr. Jim Chalmers announced an overall of foreign investment rules ahead of the budget.

Australia is set to announce a significant decline in its projected gross debt, signalling a more optimistic outlook for the country’s fiscal health.

The Airport Economist, Professor Tim Harcourt at UTS joins to discuss.

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Research key to investment success

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What is the importance of research in the investing and super landscape in Australia?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Peter Green, Director of Research at Lonsec Research. #wyld money

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Why “stagflation” will be the greatest financial threat of 2024

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With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured

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