Christmas in the United States was suddenly a thrilling scene.

On the busiest travel day before Christmas, American Airlines suddenly grounded all flights. On December 24th, local time, the Federal Aviation Administration (FAA) suddenly announced that American Airlines had grounded all flights nationwide.

Subsequently, American Airlines quickly issued a statement, pointing out that all its flights were facing technical difficulties, and promised to go all out to resume flight operations in the shortest time. Affected by this, American Airlines once fell more than 5% before the market.

At around 21: 00 Beijing time, the Federal Aviation Administration said that the grounding measures for American airlines had been cancelled. American Airlines said that the short grounding was attributed to the failure of the technology supplier, and the grounding measures lasted for about an hour. After the opening of the US stock market, the share price of American Airlines fell, once falling more than 2% in intraday trading.

Suddenly grounded

On December 24th, local time, the Federal Aviation Administration (FAA) announced in a statement that American Airlines had grounded all flights nationwide. But no reason was given.

Subsequently, American Airlines posted on social platform X that all its flights were experiencing technical problems, which led to the interruption of operations on one of the busiest travel days of the year.

The post also added: "Your safety is our top priority. Once the problem is solved, we will let you reach your destination safely." In response to questions from other social media users, the airline said it could not estimate how long the repair would take.

American Airlines said that the specific repair schedule has not yet been determined, but the team is making every effort to solve the current technical problems as soon as possible.

In a statement to ABC, American Airlines added: "We are making every effort to solve this problem quickly and sincerely apologize for the inconvenience caused to passengers."

American Airlines operates thousands of flights every day to more than 350 destinations in more than 60 countries.

Some online posts reflect that the airline cannot accurately calculate the weight and balance demand of flights due to software failure. The airline said in another post that it is working hard to repair it, but it is not sure how long it will take.

Affected by this, American Airlines once fell more than 5% before the market.

At around 21: 00 Beijing time, the Federal Aviation Administration announced that it had cancelled the grounding order for American airlines. American Airlines said that the short grounding was attributed to the failure of the technology supplier, and the grounding measures lasted for about an hour.

After the opening of the US stock market, the share price of American Airlines fell, once falling more than 2% in intraday trading.

According to the data of the US Transportation Security Administration, nearly 40 million passengers are expected to be inspected from December 19th to January 2nd, 2025, which is 6.2% higher than the same period in 2023, reflecting the continuous recovery of air travel demand in the United States.

According to Reuters, a few months ago, American Airlines was grounded due to global technical failures related to Microsoft’s Azure cloud platform and software problems of network security company CrowdStrike. Two years ago, Southwest Airlines crashed during the holidays, resulting in the cancellation of 16,900 flights and 2 million passengers stranded. The company was finally fined $140 million, which is the highest civil fine ever imposed due to the interruption of travel.

The recovery of American aviation industry

Recently, the share price of American Airlines has continued to strengthen, stimulated by the recovery of the aviation industry. According to the latest data, since August this year, the share price of American Airlines has risen by more than 90%, which shows the market’s confidence in its performance and industry recovery.

In the news, Wall Street analysts are generally optimistic about airline stocks, which is attributed to the economic recovery, the sharp increase in demand, the increase in fares and the improvement in cost management.

According to the data released by the Transportation Security Administration (TSA), on December 1, local time, the passenger flow at American airports reached 3,087,392, a record high.

At the same time, American Airlines recently raised its profit forecast for the last few months of this year, and it is expected that its performance will be even stronger in the key holiday travel season.

American Airlines said in a regulatory document that it expects adjusted earnings per share to reach 55 cents to 75 cents in the fourth quarter, compared with 50 cents at most. The revised range easily exceeded analysts’ average expectation of 40 cents.

In addition, due to the strong demand for travel at the end of the year, JetBlue also updated its guidelines for the fourth quarter. The airline expects that the revenue in the fourth quarter will drop by 2% to 5%, compared with the previous forecast of 3% to 7%; The number of available seat miles is expected to drop by 4.5% to 6.5%, compared with the previous forecast of 4% to 7%.

According to Morgan Stanley’s research, the demand for business travel is expected to return to 85% before the epidemic in 2024. Business travelers are usually willing to pay higher fares, which makes a significant contribution to airline profits. In addition, the increasing demand for luxury and long-distance travel has further enhanced the attractiveness of airlines’ high-end products.

Recently, several airlines have received "buy" ratings from Wall Street analysts. Among them, Goldman Sachs raised the target price of American Airlines by 15% on the grounds of revenue growth and improved financial situation. Morgan Stanley believes that the aviation industry is in the initial stage of structural recovery, and it is expected to usher in stable growth in the next few years, raising the target share price of American Airlines Group from $18 to $22, and maintaining the "overweight" rating.

In addition, airlines also give back to shareholders by buying back shares and paying dividends. For example, Delta Air Lines plans to buy back $2 billion worth of shares in the next two years, which shows its confidence in future cash flow.

In addition to the recovery of traditional markets, the growth potential of aviation demand in emerging markets is equally huge. According to IATA’s forecast, by 2035, the number of air passengers in the Asia-Pacific region will reach 3.5 billion, accounting for nearly 50% of the global total. Among them, China and Indian aviation markets are becoming the main sources of growth for international airlines.

Proofreading: Liu Xingying

As an extremely precious and scarce resource of megacities, an important bearing place of urban core functions, and a strategic space to enhance urban energy level and core competitiveness, the rural areas of Shanghai in the future need careful planning.

Shanghai Planning and Natural Resources Bureau, together with Shanghai Urban Planning and Design Institute, is focusing on the future rural communities.Natural ecology, innovative production, neighborhood friendship, future entrepreneurship, headquarters service, artistic creation, tourism and leisure, and intelligent management.Eight scenes and a series of thematic discussions.

In the summer of 2019, the countryside in the south of the Yangtze River. The Paper Zhouping Langtu

In the first discussion on the "natural ecology" scene on May 8, the guests shared it professionally without losing interest, which triggered many heated discussions and aroused more imagination about the countryside.

June 11th, the organizer will revolve around"Innovative production" scenarioHave a discussion The government, enterprises and other parties are invited to discuss how to effectively support the innovation of modern agricultural production format and the integration of primary, secondary and tertiary industries through the supply of rural space resources from the perspective of agricultural production, so as to provide ideas and reference for the future development of rural and modern agriculture in Shanghai.

Shen Wen: Practice and Thinking of Exploring Urban Modern Agriculture in Langxia Town, Jinshan District

Yu Liming: Xinyi Village is a village with stories.

Huang Jianrong: One Village, One Product Helps Rural Revitalization

Zhang Zhiqiang: the integration of the first, second and third industries of Fengxian yellow peach

Fan Minji: The reality of Zhangyan rural revitalization project

Note: The theme and order of sharing by guests shall be subject to the arrangement on the day of the meeting.

If you are interested in participating in the seminar, you are welcome to register by email in xiangcunshq@163.com, and attach your name and contact information, as well as suggestions for future rural development. The organizer will select 5-10 enthusiastic representatives to participate in this discussion and look forward to your participation.

Shen Wen, Party Secretary of Langxia Town, Jinshan District, Shanghai, Director of Modern Agricultural Park in Jinshan District and First-class Investigator. In 2020, he was selected as the outstanding head of Shanghai Brand Park. The main research fields are urban modern agriculture, agricultural industrialization and agricultural planning. Lead Jinshan Modern Agricultural Park to be successfully established as a national modern agricultural industrial park, and be included in the list of the third batch of national rural industrial integration development demonstration parks and national agricultural industrial strong towns. In March 2019, propose to create, Shanghai and Zhejiang were adjacent to the "five rural towns" alliance in the Yangtze River Delta, and the red gene was implanted into green development.

Yu Liming, Secretary of the General Party Branch and Director of the Village Committee of Xinyi Village, Fengjing Town, Jinshan District. It is listed as an excellent model of village cadres in Jinshan District, and won the "May 4th" medal of Shanghai Youth. Leading the people of party member in Xinyi Village to gradually develop a poverty-stricken village into a "rural revitalization demonstration village" with rich industries, rich farmers and beautiful countryside. The fruits and vegetables in the village are fragrant all year round, and the farmers’ lives have improved significantly. Xinyi Village has also been rated as the most beautiful leisure village in China, the model village of beautiful countryside and the model village of rural revitalization.

Huang Jianrong, founder of "Rice Fruit is Fresh" and chairman of Shanghai Box Rice Network Technology Co., Ltd.. He has been engaged in Internet supply chain services for a long time, and has served as a supply chain executive of JD.COM Mall, Tencent Technology, SF Express and Hongtu Hi-Tech. Professional experience in omni-channel marketing integration of online and offline stores, distribution, online shopping malls, O2O and other formats. Through all-round cooperation with "Box Horse Fresh Life", in 2017, it began to deepen its cooperation with Internet science and technology agriculture, the promoter of "standardization, commercialization and branding" of box horse agricultural products, and the builder of the national "Box Horse Village" model base.

Zhang Zhiqiang is the head of Shanghai Sierteng Agricultural Science and Technology Development Co., Ltd., an expert in rural revitalization and industrial integration in the Yangtze River Delta, a director of Fengxian Yellow Peach Association, and a master of soil science in Jiangxi Agricultural University. With more than ten years’ experience in the agricultural industry, he has long been committed to the integration and development of the primary, secondary and tertiary industries in agriculture, and has rich practical experience in modern agricultural technology innovation and model improvement. He has successively established a national peach industry system demonstration base and an agricultural waste recycling center, and presided over the implementation of the central financial project-the project of revitalizing the village and strengthening the town with yellow peach industry in Qingcun town.

Fan Minji, deputy general manager of China Construction (Shanghai) New Urbanization Development Co., Ltd., is a national first-class registered architect. Senior engineer of building engineering. Mainly involved in promoting Zhangyan Village to build a rural revitalization demonstration village, completed the planning and positioning of the whole village, brand communication, industrial presence, school-enterprise cooperation and other contents, and transformed Zhangyan paradigm to help rural revitalization through the four paradigms of "demand upgrading, industrial cycle, community thinking and platform logic", forming a prototype demonstration highland of green development and innovation and entrepreneurship in the Yangtze River Delta.

　

　　Beijing, January 20 (Reporter Li Jinlei) Recently, some media reported that supplementary medical insurance and enterprise annuity were added on the basis of "five insurances and one gold", which became "six insurances and two gold". In fact, supplementary medical insurance and enterprise annuity (a kind of supplementary old-age insurance) are paid voluntarily, not compulsorily. Moreover, supplementary medical insurance and enterprise annuity have existed for a long time, but the newly promulgated Enterprise Annuity Measures came into effect on February 1 this year. Don’t get me wrong.

　　"Five insurances and one fund" include endowment insurance, medical insurance, maternity insurance, unemployment insurance, industrial injury insurance and housing accumulation fund.

　　Recently, some media reported that on the basis of "five insurances and one gold", supplementary medical insurance and enterprise annuity were added, which became "six insurances and two gold".

　　In this regard, many netizens mistakenly believe that these are two new treatments added by the state for employees, which enterprises must force to pay to employees. However, in fact, supplementary medical insurance and enterprise annuity are established voluntarily, and they have existed for a long time, which is not new.

　　Let’s talk about supplementary medical insurance first, which is a supplementary form of basic medical insurance compared with basic medical insurance. According to data from the Ministry of Human Resources and Social Security, by the end of 2016, there were 290.22 million employees participating in supplementary medical insurance nationwide.

　　Zhang Yinghua, an executive researcher at the World Social Security Research Center of China Academy of Social Sciences, told the reporter of Zhongxin.com that supplementary medical insurance is a welfare added by the unit (employer) for employees, which is generally a commercial insurance purchased by the group. In 1998, the Decision of the State Council on Establishing the Basic Medical Insurance System for Urban Employees stipulated that the supplementary medical insurance premium of enterprises within 4% of the total salary shall be paid from the employee welfare fund.

　　Zhang Yinghua explained that there is no uniform regulation on whether the supplementary medical insurance is paid by individuals, and it varies from place to place. It can be paid by the enterprise, or it can be paid jointly by the unit and the individual, and withheld and remitted by the unit.

　　The reporter found that taking Beijing as an example, as early as 2001, Beijing promulgated the Interim Measures for Supplementary Medical Insurance for Enterprises in Beijing, proposing that "enterprises participating in the basic medical insurance in this city can establish supplementary medical insurance for their employees and retirees (foreign-invested enterprises are limited to Chinese employees)".

　　Note that the method says "yes", not compulsory and compulsory payment. According to the measures, the supplementary medical insurance of enterprises is mainly used to solve the medical expenses borne by retirees and the medical expenses that employees need to pay for hospitalization.

　　It is understood that at present, the threshold for medical insurance for employees in Beijing is 1,800 yuan, that is to say, from January 1 to December 31 of each year, 1,800 yuan must be spent, and the part exceeding 1,800 yuan can be reimbursed; Anything less than 1800 yuan is paid by oneself.

　　In other words, if you spent less than 1800 yuan on medical insurance in that year, it was not enough for reimbursement. At this time, supplementary medical insurance came in handy.

　　Let’s talk about enterprise annuity again. Enterprise annuity is also called occupational annuity. It is a supplementary pension insurance system independently established by enterprises and their employees through collective consultation on the basis of participating in basic pension insurance according to law. It is an important part of the second pillar of China’s multi-level pension insurance system.

　　In short, the enterprise annuity is a supplementary pension insurance. Employees participating in the enterprise annuity is conducive to adding a pension accumulation on the basis of the basic pension insurance, and further improving the income level and quality of life after retirement.

　　It should be noted that the state encourages enterprises to establish enterprise annuities, but it is not mandatory.

　　Moreover, enterprise annuities have been around for many years. On January 6, 2004, the former Ministry of Labor and Social Security issued the Trial Measures for Enterprise Annuity. By the end of 2016, 76,000 enterprises had established enterprise annuities nationwide, with 23.25 million employees and accumulated funds of 1.1 trillion yuan.

　　In other words, enterprise annuity is an old system that has been implemented for more than ten years. However, since February 1, 2018, the newly formulated Enterprise Annuity Measures will be officially implemented. The "Measures for Enterprise Annuity" issued this time is a revision and improvement of the "Trial Measures for Enterprise Annuity" in 2004.

　　According to the regulations, the expenses required for enterprise annuities are jointly paid by enterprises and individual employees. The enterprise payment shall not exceed 8% of the total wages of the employees of the enterprise every year.

　　When it comes to enterprise annuities, many people say that they are unfamiliar. This is because, compared with pension insurance, the penetration rate of enterprise annuities is not high. In 2016, the number of people participating in national pension insurance was 887.77 million, while the number of employees participating in enterprise annuities was only 23.25 million.

　　As for the low penetration rate of enterprise annuity, Zhang Yinghua said that this is mainly because enterprise annuity is voluntary, and many enterprises, especially small and medium-sized enterprises, have no motivation and ability to participate.

　　In addition, Zhang Yinghua said that the "Enterprise Annuity Measures" stipulates that three conditions must be met when launching an enterprise annuity plan: participating in basic old-age insurance and fulfilling payment obligations, having corresponding economic affordability, and establishing a collective negotiation mechanism. These three conditions must be met at the same time. For many private enterprises, small and medium-sized enterprises and collective enterprises, it is difficult to meet at the same time, and the principle of voluntary establishment is adopted, and the employee mobility is high, so the participation rate is not high. (End)