As the US travel market slowly rebounds from COVID-19, Delta Airlines has confirmed its placed a multi-million dollar order with Airbus
The carrier says it’s ordered 30 new aircraft of the A321neo type from the EU plane maker.
The latest order brings additional power to Delta’s strong fleet of A321 narrow body jets, with the airliner already operating 120 of the models.
The Airbus A321neo has been a popular aircraft, with many planes from the core aircraft, the A321LR and A321XLR aircraft being ordered by airlines worldwide
Delta is already an avid user of the A321ceo, with over 120 in its fleet. While it is yet to take an A321neo, the airline now has 155 of the aircraft on order, alongside A220s, A330s, and A350s.
Delta expects to take delivery of its first A321neo in the first half of 2022.
What you can expect on Delta’s new jets
194 seats will be installed in each Airbus A321neo aircraft operated by Delta Airways, split across three classes within the cabin.
Delta revealed that it is primarily planning to operate the A321neo on its domestic network. This would fit with the airline’s current A321ceo network, which sees the jet flying domestically, with a few flights to destinations in the Caribbean according to the airline’s August 2021 A321 schedule.
Real reason bosses want employers back in the office
As the world gradually recovers from the pandemic, employers are increasingly pushing for their staff to return to the office after years of remote work.
The driving force behind this push is the sharp decline in commercial property values, which has left many businesses concerned about their real estate investments.
Commercial property values have plunged in the wake of the pandemic, with many companies downsizing or reconsidering their office space needs.
This has put pressure on employers to reevaluate their remote work policies and encourage employees to return to the office. #featured
Businesses cash in on Black Friday sales
Black Friday, the annual shopping frenzy, has become a global phenomenon rooted in economic strategies.
Retailers deploy various tactics to lure consumers, creating a win-win scenario for both shoppers and businesses.
The concept of Black Friday traces its roots to the United States, where it marks the beginning of the holiday shopping season. Retailers offer significant discounts on a wide range of products to attract a massive customer influx. This strategy, known as loss leader pricing, involves selling a few products at a loss to entice customers into stores, hoping they will buy other items at regular prices.
Retailers also employ the scarcity principle by advertising limited-time offers and doorbuster deals. This sense of urgency compels consumers to make quick decisions, boosting sales.
Furthermore, online shopping has revolutionized Black Friday economics. E-commerce giants use data analytics to customize deals, targeting individual preferences. Cyber Monday, the digital counterpart to Black Friday, capitalizes on the convenience of online shopping. #featured
Australian inflation figure finally starts with a 4
Australia’s October inflation figures have surprised economists, as consumer prices rose at a slower pace than anticipated.
This slowdown was primarily attributed to a significant drop in goods prices, contributing to the nation’s subdued economic climate.
The Consumer Price Index (CPI) for October indicated a modest 0.4% increase, falling short of the 0.7% forecasted by analysts. On an annual basis, inflation stood at 2.1%, below the Reserve Bank of Australia’s target range of 2-3%. This unexpected deceleration is likely to affect the country’s monetary policy decisions in the near future.
Goods prices, including essential items like fuel and food, recorded a notable decrease of 0.8%, mainly due to supply chain disruptions and global economic uncertainties. Meanwhile, services prices continued to rise, albeit at a slower rate, driven by higher wages in some sectors.
This unexpected dip in inflation raises questions about the overall health of the Australian economy and the central bank’s strategies to combat it. Policymakers now face the challenge of balancing economic growth with the need to manage inflation effectively. #ticker today #featured
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