Apple hit with Valentine’s Day first-rate of $5.6M over Dutch relationship app guidelines Apple has been hit with its fourth great of $5.6 million for failing to comply with new App Store charge regulations in the Netherlands. In a statement, the Dutch Authority for Consumers and Markets says that the “revised conditions that Apple has imposed on courting-app providers are unreasonable, and create an useless barrier.” On Valentine’s Day however, the ACM explains that Apple nonetheless isn't always in compliance with its regulations in regards to alternative payment options for dating programs inside the Netherlands. The regulators give an explanation for that Apple has imposed a “good sized number of situations” on dating app developers who wish to provide alternative payment answers apart from Apple’s personal In-App Purchase system. Interestingly, the ACM does not deal with the 27% fee that Apple has announced it plans to rate on those transactions. Apple made this dec...
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Tale of two companies: Airbus recovers as Boeing reels
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Tale of two companies: Airbus recovers as Boeing reels
But at the same time as Airbus has again to earnings and brought 460 aircraft within the first 10 months of the year, Boeing stays in the crimson and has furnished just 268 planes
@kamalanathanj
The aviation industry is slowly getting better from remaining 12 months's COVID-caused downturn, but European aircraft maker Airbus is having a smoother ride than American rival Boeing, which has persevered a series of crises.
The international's dominant aerospace companies will searching for new commercial enterprise as they attend the 5-day Dubai air show on Sunday, the enterprise's first foremost event because the pandemic started out remaining year.
But while Airbus has again to profit and introduced 460 plane in the first 10 months of the 12 months, Boeing remains in the purple and has furnished just 268 planes.
Boeing's 737 MAX back to the skies ultimate yr after the complete fleet become grounded for 20 months following crashes — in Ethiopia and Indonesia — that left 346 human beings useless.
Almost 370 of the planes continue to be in stock and Boeing leader government David Calhoun has stated that it'll take years to promote them all.
The 737 MAX has additionally yet to be re-licensed in China, a first-rate market for plane makers. Boeing's manufacturing plans will depend upon get right of entry to to the Chinese market, Calhoun says.
The 787 Dreamliner has had its percentage of troubles that is expected to have fee the corporation $1 billion.
The organization halted deliveries of the 787 in May following a chain of troubles with the aircraft — the second suspension inside the beyond 12 months.
Boeing announced in July that it had noticed extra problems close to the nose of the plane and was running to fix them.
A put off for the primary deliveries of its new wide-frame 777X aircraft — which were pushed again from 2022 to late 2023 — is costing the corporation $6.5 billion.
"There's been such a lot of troubles that it's very difficult to mention they're over," Richard Aboulafia, analyst at aerospace consultancy Teal Group, told AFP.
COVID-19 cuts lengthy-haul flights
Covid has additionally hit Boeing's robust point — long-haul plane — as international travel has been curbed with the aid of pandemic restrictions, stated Remy Bonnery, an analyst at Archery Strategy Consulting.
International air traffic is most effective expected to go back to pre-pandemic tiers between 2023 and 2025.
Domestic air tour, meanwhile, is doing higher — which benefits Airbus and its A320 own family of slim-frame plane.
Airbus will show its today's unmarried-aisle aircraft, the A321neo, in Dubai.
The employer aims to release the lengthy-variety model of the aircraft in 2023, the A321XLR, that can fly for 10 hours — a feat handiest executed via bigger planes until now.
"Airbus is alone inside the single-aisle, lengthy-haul marketplace," said Bonnery at Archery Strategy Consulting.
"The next 10 years, we can have more aircraft deliveries by means of Airbus than Boeing," he stated.
Staunch the bleeding
Boeing decided ultimate year to maintain off on launching its New Midsize Aircraft (NMA) venture. The plan turned into to deliver by way of 2025 an aircraft that would shipping up to 275 passengers nearly nine,000 kilometres (5,600 miles).
The US organisation "is losing 10 points of marketplace proportion, in large part due to the A321neo. Losing 10 points of marketplace proportion is a avenue in the direction of being a marginal player," Aboulafia said.
Boeing could should launch a brand new plane to claw back marketplace proportion, said Michel Merluzeau, an analyst at AIR consultancy.
"It have to genuinely staunch the bleeding in opposition to Airbus," Merluzeau said.
Regaining an area available on the market "is very complex and very expensive" — at least $15 billion — he said.
Boeing's debt has increased 5-fold in less than 3 years to $62 billion.
It might be hard for Boeing to get a brand new plane out earlier than 2028-2029, in keeping with Merluzeau.
Calhoun indicated in October that the agency has placed a team collectively to design a new aircraft and manufacturing gadget.
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