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Air France unveils new A220 jetliner in most epic way

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Air France has taken delivery of its first A220 jet, an aircraft set to shakeup the way we travel

Air France took delivery of its first ‘tiny’ Airbus A220 plane on Tuesday, as the airline expands its fleet of smaller jets.

Pledging greater comfort and lower emissions on short routes, the new aircraft is set to be a game-changer in the aviation industry.

Unveiling the jet to a crowd of employees, the airline thanked those working within the company’s project team for their “investment” over the past two years.

The French airline, which is owned by KLM group, stated that the new 148-seat plane is set to reduce fuel consumption and emissions by 20 per cent while it is in service.

Back in 2019, Air France ordered 60 of the planes, with options for at least 30 more as the carrier begins to replace the smallest members of the Airbus single-aisle portfolio, the A318 and A319.

The delivery of the A220 illustrates the demand for eco-friendly jets

Airlines are consistently eyeing off ways and new aircraft that are cheaper to run and more fuel efficient, and the latest jetliner from Airbus has showcased the future of the industry.

As the impacts of COVID-19 on the aviation sector slowly wind down, airlines have voiced intentions to transition to smaller aircraft which are lighter on fuel.

Once upon a time the A380 “superjumbo” and Boeing 747 “Queen of the skies” were hailed as game changers in the aviation market – but the demand for bigger aircraft has rapidly declined in recent years and even more so over the course of the pandemic.

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China has pledged to “significantly increase” debt to jumpstart its economy

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Finance Minister Lan Foan announced plans to help local governments tackle debt, support low-income households, and boost the property market.

Investors have been urging such steps as China faces deflationary pressures and a sharp property market downturn.

However, no figure was provided for the stimulus package, leaving markets anxious about the strength and duration of the recovery effort.

Economists warn that this lack of clarity may prolong uncertainty until China’s legislature approves extra debt measures.

Concerns are rising that China may fall short of its 5% growth target, signalling deeper structural challenges ahead.

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Niche accountants proving essential to e-commerce success

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Expert explores the key benefits of partnering with accountants who specialise in niche industries.

In today’s fast-paced digital world, having an accountant who understands the intricacies of e-commerce can make all the difference in your business’s success.

Specialist accountants understand the specific needs of e-commerce businesses, helping to maximise tax savings, streamline operations, and improve financial health.

Niche accountants can identify opportunities to scale, optimise profit margins, and implement strategies that align with your business goals, ultimately drive growth.

Chris Rivera, Founder of The Ecommerce Accountants, joins to share his key insights into the industry.

#featured

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Amazon’s 2024 Prime Day expected to make huge impact on tech sector sales

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Market experts believe Amazon’s upcoming event will drive a surge in sales, benefiting Amazon’s stock and boosting consumer tech companies that sell through its platform.

Experts predict that a short-term rally in retail and tech stocks could be seen as revenue spikes.

Founder/CEO of Unearthing Opportunities, and Board Advisor to Power Hero, Bradley A Gastwirth joins to unpack the latest market moves. #featured #trending

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