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Recent incidents involving Boeing 737 Max aircraft have raised significant safety concerns. An Alaska Airlines flight experienced a severe decompression incident, while other airlines faced turbulence-related injuries. Investigations reveal ongoing issues with Boeing's manufacturing practices, prompting scrutiny from regulators and the public.
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Jeff Bezos has purchased a Gulfstream G700 private jet for $80 million, marking his fourth aircraft acquisition. The jet features advanced technology and luxury amenities, contributing to a significant carbon footprint from his flights. This purchase reflects the growing trend of high-net-worth individuals investing in private aviation. (Published: Tue, 27 Aug 2024)
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Boeing's Starliner spacecraft successfully landed in New Mexico after a three-month test mission, but without its intended crew, NASA astronauts Butch Wilmore and Suni Williams. Due to safety concerns over thruster malfunctions, the astronauts will return to Earth on a SpaceX Crew Dragon in February 2025, extending their stay on the ISS significantly.
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Nvidia's shares fell 9.5% on September 3, 2024, leading to a significant selloff in global stock markets. Concerns over economic slowdown and disappointing manufacturing data have investors on edge ahead of key employment reports. The Nasdaq Composite dropped 3%, marking its largest decline since early August.
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NASA astronauts Butch Wilmore and Suni Williams will remain aboard the International Space Station (ISS) until February 2025 after their Boeing Starliner capsule returned uncrewed due to safety concerns. The duo's extended stay follows a series of technical issues with the Starliner, which was deemed too risky for their return.
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Boeing's Starliner spacecraft is set to return to Earth uncrewed on September 7, 2024, after prolonged delays due to technical issues. NASA astronauts Butch Wilmore and Suni Williams will remain aboard the International Space Station until February 2025, following concerns over the spacecraft's safety during their planned return.
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Boeing has announced temporary furloughs for U.S.-based employees as over 33,000 factory workers strike for better pay and benefits. The strike, which began on September 13, 2024, is expected to significantly impact Boeing's production and financial stability.
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Recent incidents involving unruly passengers have led to multiple flight diversions across Europe and the US. Notably, a Frontier Airlines flight was diverted after a passenger threatened crew members, while an Alaska Airlines flight lost a door panel mid-air, prompting emergency landings and investigations into Boeing's safety practices.
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Boeing's Starliner spacecraft successfully landed in New Mexico on September 6, 2024, after a test mission that faced technical issues. Astronauts Butch Wilmore and Suni Williams remain aboard the ISS, expected to return in February 2025 due to safety concerns with the spacecraft.
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Boeing workers in Washington and Oregon have overwhelmingly rejected a proposed contract that included a 25% wage increase over four years. The International Association of Machinists and Aerospace Workers is now poised to initiate a strike, further complicating Boeing's recovery efforts amid ongoing safety and financial challenges.
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On Thursday, September 12, 2024, the Polaris Dawn mission will attempt the first-ever private spacewalk. Led by billionaire Jared Isaacman and SpaceX engineers, the mission aims to test new spacesuits and conduct experiments at unprecedented altitudes, pushing the boundaries of commercial spaceflight.
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More than 33,000 Boeing workers initiated a strike on Friday after overwhelmingly rejecting a tentative contract. The strike halts production of the 737 Max and other aircraft, complicating Boeing's recovery from recent safety issues and financial challenges. The company is implementing cost-cutting measures amid the industrial action.
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As of September 18, 2024, the FTSE 100 fell 0.68% amid mixed signals about potential interest rate cuts by the US Federal Reserve. Inflation data showed CPI at 2.2%, while traders speculate on a possible 50-basis-point cut. Company shares reacted variably, with PZ Cussons notably declining after reporting a loss.
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Alaska Airlines has completed its acquisition of Hawaiian Airlines, marking a significant consolidation in the U.S. airline industry. The deal, valued at $1.9 billion, includes assuming $900 million in Hawaiian debt and promises to maintain service levels and consumer protections. This merger positions Alaska as the fifth-largest U.S. airline by revenue.