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Non-Stop flights to anywhere in the world? Qantas makes major ultra-long haul announcement



Qantas has confirmed its taking to the sky for ultra-long haul flights from 2025

The Australian airline has just announced a multi-billion dollar aircraft order to connect down under to London and New York in record time.

QANTAS has placed an order for a dozen Airbus A350’s for project sunrise, which will operate the world’s longest flights.

These aircraft will feature market-leading passenger comfort in each travel class with services scheduled to start by the end of calendar 2025 from Sydney.

The major aircraft order will reshape its international and domestic networks over the next decade and beyond.

The airline has been working on Project Sunrise for several years, aiming to slash the travel time to popular destinations for its passengers.

Qantas says customers can expect more direct routes and therefore less total travel time. They can expect higher levels of cabin comfort. 

The project was put on hold by COVID-19 over the past two years.


Qantas Group CEO Alan Joyce says the A350 and Project Sunrise will make any city just one flight away from Australia.

“We have come through the other side of the pandemic a structurally different company. Our domestic market share is higher and the demand for direct international flights is even stronger than it was before COVID. The business case for Project Sunrise has an internal rate of return in the mid-teens,” Joyce says

“The Board’s decision to approve what is the largest aircraft order in Australian aviation is a clear vote of confidence in the future of the Qantas Group.”

As for the cost, the deal is commercial in confidence, though a significant discount from standard price should be assumed.

QANTAS says the new aircrafts will have major improvements in emissions, running costs and passenger comfort.


The duration of a flight from Australia to London is expected to be 20 hours and 20 minutes, now saving jet setters almost four hours.

Domestically, Qantas will start the renewal of its narrow body jets as part of ‘Project Winton’ with firm orders for 20 Airbus A321XLRs and 20 A220-300s as its Boeing 737s and 717s are gradually retired.

The first of these aircraft will start to arrive in late calendar 2023, with the order including purchase right options for another 94 aircraft for delivery through to at least 2034.

Deliveries to begin in 2025 and complete by 2028.

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China’s shadow banking sector under the microscope



How will China’s investigation into Zhongzhi Enterprise Group impact the shadow banking industry and the nation’s financial stability?

China has launched an investigation into the Zhongzhi Enterprise Group, a major shadow bank, over alleged financial crimes.

Authorities are scrutinizing the group’s operations amid concerns about illicit activities that may have repercussions on the country’s financial stability. #featured

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Shoppers angered at major U.S. retailer’s “unchanged” Black Friday sales



Target in the United States has come under scrutiny for offering identical prices in its ‘Black Friday deals’ as those available throughout the year.

Shoppers are left perplexed by the lack of discounts, with many questioning the authenticity of the so-called Black Friday bargains.

Concerns arose when savvy consumers noticed that the prices of various products in Target’s Black Friday promotion were the same as those listed in previous months.

Shoppers took to social media to voice their frustrations, with one customer stating, “It’s the same, I don’t get it.” This revelation has raised questions about the transparency and ethics of retailers during the holiday shopping season.

While Black Friday traditionally marks the start of the holiday shopping frenzy, with retailers offering significant discounts to entice shoppers, Target’s decision to maintain regular prices has left shoppers wondering if they are truly getting a deal.

This has led to a broader discussion about the consumer experience during Black Friday and whether the shopping event has lost its original appeal.

With the rise of online shopping and increased competition among retailers, consumers are more price-conscious than ever.

Target’s pricing strategy has ignited a debate about the future of Black Friday and whether it can continue to attract shoppers with unchanged prices. As the holiday season unfolds, consumers are left to decide whether to seek out genuine deals or shop elsewhere.

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Remote workers shoulder rising job-related costs



As the global workforce continues to adapt to the remote work revolution, a new concern is emerging among employees – the increasing burden of work-related expenses.