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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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Money

Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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