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Emirates sends a stern warning to Boeing over performance shortcoming

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Emirates plans to swap Boeing 777X for Dreamliner

The head of Emirates says they’ll refuse delivery of new 777X aircraft if Boeing falls short of contract performance agreements

Emirates says they’ll refuse delivery of new aircraft from Boeing if they’re not up to scratch. The middle eastern carrier sent a stern warning to the US company over failure to meet contract performance agreements.

In an interview, President Tim Clark says he had not received any performance details of the jet’s engines so far. This is even though test flights began in 2020.

The influential industry veteran has raised concerns that Boeing had a recent history of over-promising and underdelivering.

The company also failed to meet promises about the performance of new jets, including the 737 MAX and 787 Dreamliner.

Emirates plans to swap Boeing 777X for Dreamliner

This comes after the chairman of Emirates said the company is in discussions with Boeing about changing aircraft.

Emirates plans to swap its 126 Boeing 777-X jets for smaller 787 Dreamliners as part of a sweeping review.

Demand for jumbo jets slumps following pandemic

This also comes at a time where the demand for international travel is falling due to COVID-19.

Emirate’s Chief Operating Officer Adel Al Redha said the company prefers to take the smaller Dreamliner sooner rather than later as it “offers better seat capacity”.

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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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