Over 160 passengers evacuated a WestJet Boeing 737-800 via emergency slides after its landing gear collapsed upon landing in Sint Maarten, prompting an emergency response; the cause of the hard landing is still under investigation.
JPMorgan Chase CEO Jamie Dimon stated that a "hard landing" for the U.S. economy cannot be ruled out, citing historical precedents. He warned that stagflation, characterized by persistent inflation, slow growth, and high unemployment, would be the worst outcome. Despite current economic challenges, Dimon noted that U.S. consumers are still in good shape. His comments follow concerns over stubborn inflation and geopolitical tensions, with Federal Reserve officials indicating that inflation may only slowly return to their 2% target.
An American Airlines flight from Los Angeles to Maui made a hard landing at Kahului Airport, injuring one passenger and five flight attendants. The injured individuals were taken to a hospital and later released, and the aircraft has been taken out of service for inspection. The Federal Aviation Administration will investigate the incident.
An American Airlines Airbus A320 made a hard landing at Kahului Airport in Hawaii, resulting in six individuals being hospitalized, including five flight attendants and one passenger. The aircraft experienced an issue upon landing but was able to taxi to the gate under its own power. The flight, carrying 167 passengers and seven crew members, was en route from Los Angeles to Maui. The airline stated that the safety of its customers and team members is its top priority, and no further details about the incident were provided by American Airlines or the FAA.
An American Airlines flight from Los Angeles made a hard landing at Maui's Kahului Airport, resulting in six injuries among the 167 passengers and seven crew members on board. The injured individuals were taken to the hospital in stable condition and later released. The Federal Aviation Administration is investigating the incident, and the aircraft has been taken out of service for inspection.
An American Airlines flight from Los Angeles made a hard landing at Maui's main airport, sending five flight attendants and one passenger to the hospital. The six individuals were later released, and the Federal Aviation Administration is investigating the incident. The Airbus 320 was carrying 167 passengers and seven crew members.
An American Airlines flight from Los Angeles to Maui experienced a hard landing at Kahului Airport, leaving one passenger and five flight attendants injured. The injured individuals were transported to a hospital and later released, while the aircraft was taken out of service for inspection. Both the airline and the FAA have confirmed that an investigation into the hard landing will be conducted.
An American Airlines Airbus A320 made a hard landing at Kahului Airport in Maui, injuring six people. The cause of the incident is unclear, and the aircraft has been taken out of service for inspection. This comes amidst a series of flight-related incidents, raising concerns about flight safety.
Six people were hospitalized with minor injuries after an American Airlines flight made a hard landing at Kahului Airport in Maui, Hawaii. The aircraft, carrying 167 customers and seven crew members, experienced an issue upon landing, prompting an investigation by the FAA. This incident follows a recent event where an American Airlines plane slid off the runway in New York due to snowy airfield conditions.
An American Airlines flight from Los Angeles to Maui made a hard landing at Kahului Airport, resulting in six minor injuries among passengers and crew. The aircraft, carrying 167 customers and seven crew members, experienced an issue upon landing, but taxied to the gate under its own power. The FAA is investigating the incident, and the airline stated that the safety of customers and team members is their top priority.
Six people were injured when an American Airlines plane made a "hard landing" at Maui's airport. The flight, believed to have originated from Los Angeles, prompted a response from first responders, and the injured individuals were transported to a hospital in stable condition. The cause of the hard landing is currently unknown.
Key central banks are expected to shift from raising interest rates to reducing borrowing costs in 2024. The concern is whether inflation readings in the coming months will allow policymakers to pivot quickly enough to mitigate the impact of previous tightening measures and prevent a hard landing. This pivot is crucial for debt-strapped companies and governments facing shrinking maturities and limited breathing room.
A hedge fund has predicted a hard landing for the global economy and has named three global stocks to play it. The investment strategy is based on the belief that the current market is overvalued and that a correction is imminent. The three stocks are from the technology, healthcare, and consumer sectors.
The International Monetary Fund (IMF) has warned that the global economy could experience a "hard landing" if inflation persists. The IMF has urged central banks to be prepared to raise interest rates to combat inflation, which it says is being driven by supply chain disruptions and pent-up demand. The warning comes as the US Federal Reserve is expected to begin tapering its bond-buying programme in the coming months.