BMW Adjusts 2024 Financial Guidance Due to Sales Slump

German automaker BMW has revised its financial guidance for 2024, citing a decline in global sales. This adjustment is attributed to technical issues with its Integrated Braking System, impacting over 1.5 million vehicles and leading to additional warranty costs. The company also faces subdued demand in China, despite government stimulus measures. As a result, BMW now anticipates a slight decrease in deliveries and a lower EBIT margin for 2024.

Air India Flight Makes Precautionary Landing in Moscow Due to Technical Issues

An Air India flight traveling from New Delhi to Birmingham made a precautionary landing at Moscow’s Sheremetyevo Airport on September 4, 2024 due to technical issues. The Boeing 787 Dreamliner was inspected in Moscow and cleared to continue its journey, landing safely in Birmingham. This incident, similar to a previous event in July, highlights Air India’s commitment to prioritizing passenger safety and adhering to strict international aviation standards.

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