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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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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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