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The airline set to fire unvaccinated aircrew and pilots

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As the coronavirus vaccine rollout ramps up within many nations around the world, many aviation industry experts say the jab will play a huge role in bringing aviation back to normal

Cathay Pacific Airways has confirmed that all Hong Kong-based pilots and flight attendants would need to be vaccinated against COVID-19 by August 31st or risk losing their jobs.

The mandate has become one of the airline industry’s toughest policies.

Cathay Pacific stated it had struggled with staff rostering due to Hong Kong’s strict quarantine rules, which require unvaccinated crew members to quarantine every flight.

New guidelines exempt flight crew that are vaccinated from quarantining

There are also requirements that only fully vaccinated crews can operate to certain high-risk destinations and on quarantine-free “bubble” flights.

Hong Kong has a surplus of unused vaccines and some of the shots are about to expire.

Cathay said 90% of pilots and more than 65% of the cabin crew had already received their vaccinations or had appointments booked, following a previous warning that vaccination was highly likely to become compulsory.

US Airlines impose similar rules

United Airlines has confirmed it would mandate full vaccination for crew members flying to countries with high COVID-19 cases at the beginning of August.

Delta Air Lines last month said all new hires would have to be vaccinated.

While vaccines for passengers on all Qantas international flights will also become mandated after the airline said it will require all passengers and crew to be vaccinated when the country’s borders reopen to widespread international travel.

Emirates has provided employees with free vaccines since January.

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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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