FAA orders Boeing to inspect older 737 jets

Published

3 years ago

May 17, 2021

All Boeing 737-300, 400 and 500 planes will need to be examined due to the failure that “could result in loss of control of the airplane,” according to the FAA

The Federal Aviation Administration has announced it was requiring U.S-based airlines that operate the Boeing 737 Classic Series to urgently inspect their jets.

The FAA is ordering carriers check for possible wire failures stemming from an investigation into an Indonesia crash in January.

The Boeing 737 Classic is an older generation of jets more than two decades old.

The FAA said the issue affected over 1,000 aircraft worldwide but many are currently out of service, because of COVID-19 or other issues.

Warner Brothers & Discovery considers splitting up to boost stock value

Published

1 week ago

July 19, 2024

ticker NEWS

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

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

1 week ago

July 18, 2024

ticker NEWS

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.

Money

Netflix expands use of ads despite slow subscriber growth

Published

1 week ago

July 18, 2024

ticker NEWS

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.