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...Aircraft seats, in particular those for first and business class cabins, are among the most important differentiators for airlines in their bid to draw passengers....
...It burnt through almost $4bn in cash in the first three months of this year after it slowed production and paid customers $443mn in compensation after the blowout in January....
...Delta Air Lines last week raised the price of checking in a first bag from $30 to $35....
...But problems at Boeing mean that not every carrier will benefit equally....
...“Turkey is a developing country with a demographic surge that could potentially become middle class and kick the entire country forward, so the policy settings are to set sail for growth,” said Andrew Charlton...
...High-paying holidaymakers have filled business and first-class seats to offset the post-pandemic drop in corporate travel....
...class seats....
...MSIM launched its ETF business a year ago, and in October filed plans to carry out its first mutual fund-to-ETF conversions....
...First, the BoJ has begun signalling that “normalisation” does not, in any immediate sense, open the gates to progressive interest rate rises....
...Lufthansa reported the “highest revenue and profit ever achieved in one summer” as the German airline said that holiday travellers have kept spending on first-class tickets despite spiralling prices....
...first exhibited in Lausanne in the early 1990s....
...The group of senior class A and subordinate class B bonds are securitised at the operating companies....
...It was the first cut to Apple’s revenue forecast in 16 years and sent its shares sliding....
...Even if it does receive the vessels, US sanctions have also been imposed on storage facilities that Novatek had planned to use to transfer LNG from the ice-class vessels to regular carriers....
...BlackRock has struck a deal with the Saudi Arabian government to open a multi-class investment firm in Riyadh, anchored by a $5bn mandate from the kingdom’s Public Investment Fund....
...Merchants will for the first time be able to assess customers different rates for all cards, rather than being able to differentiate based only on the credit card network....
...Commissioned into service in the mid-1990s, the Vanguard class submarines are due to be replaced with the next-generation Dreadnought class in the 2030s....
...On Wednesday, it became the latest US carrier to admit that high fuel and labour costs would affect profits more than expected....
...This year, Vertex’s market capitalisation surpassed $100bn for the first time....
...Who will blink first? BlackRock’s move to acquire GIP is, above all, a bet that it will be governments who do so. Indeed, the blinking has already begun....
...Mobile carriers such as Verizon, AT&T and T-Mobile promised that 5G networks would transform our lives. Auctions for bandwidth hit a record in 2021 when Verizon bid more than $45bn....
...A decade later, the first Aukus-class subs — designed in Britain, featuring US technology and built in the UK and Australia — will be deployed....
...Lufthansa has embarked on a €2.5bn overhaul of its long-haul cabins, including a new first class seat, while US carrier Delta has pledged to fit premium seats on all its aircraft by this summer....
...Dry bulk carriers such as the Gibraltar Eagle have mostly continued to transit through the Red Sea, however....
...Rightly so, multi-class stock structures are disliked by many investors. Yet tech companies love them, certain that somehow only their insiders have the necessary vision required for success....
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