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Singapore allows Boeing 737 MAX to return to service

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Singapore has this week approved the operation of the once-troubled Boeing 737 MAX jets

Singapore’s aviation regulator confirmed it would approve the return to service of the Boeing 737 MAX jets after more than two years of the aircraft being grounded.

Singapore’s approval makes the nation latest country in the Asia Pacific region to approve the planes return to service.

The approval is based on operators including Singapore Airlines complying with airworthiness directives and additional flight crew training requirements, the Civil Aviation Authority of Singapore confirmed in a statement.

Singapore grounded the 737 MAX in March of 2019 following two fatal crashes of the aircraft with operated by other airliners

The approval for its return comes months after the model returned to service in the United States and Europe, and follows more recent lifting of grounding orders in other countries, including Australia, Fiji, Japan, India and Malaysia.

China is the biggest market in the region that has yet to approve the return of the 737 MAX, though Boeing last month conducted test flights in the country.

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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