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Airbus A321neo

The Airbus A321neo is a single-aisle airliner created by Airbus. The A321neo (neo being an acronym for "new engine option") is developed from the Airbus A321 and Airbus A320neo family. It is the longest stretched fuselage of Airbus's A320 series, and the newest version of the A321, with the original A321ceo entering service in 1994 with Lufthansa. It typically seats 180 to 220 passengers in a two-class configuration, with up to 244 passengers in a high-density arrangement.

The A321neo was announced by Airbus in December 2010, as an improvement and replacement to the A321ceo. Fitted with new engines and sharklets as standard, the A321neo has the longest fuselage of any Airbus narrow-body airliner of commercial use. Fitted with CFM International LEAP-1A or Pratt & Whitney PW1100G-JM engines, Airbus advertises a 20% increase in fuel efficiency per passenger, with 500 nautical miles (930 km; 580 mi) more range, or 2 tonnes (4,400 lb) more of payload. Boeing introduced a new generation of their competing narrowbody family 737 MAX one year after the introduction of the A321neo.

The A321neo began production in 2016, with final assembly taking place in Hamburg, Germany. It entered service with Virgin America on 31 May 2017, taking its first commercial flight. As of August 2024, a total of 6,503 A321neo aircraft had been ordered by 85 disclosed customers, of which 1,451 aircraft had been delivered.

About Xiaomi

Xiaomi Corporation, commonly known as Xiaomi, is a Chinese designer and manufacturer of consumer electronics and related software, home appliances, automobiles and household hardware, with headquarters in Beijing, China. It is the second-largest manufacturer of smartphones in the world, behind Samsung, most of which run on the Xiaomi HyperOS (former MIUI) operating system. The company is ranked 338th and is the youngest company on the Fortune Global 500.

Xiaomi was founded in 2010 in Beijing by Lei Jun along with six associates. Lei had founded Kingsoft as well as Joyo.com, the latter of which he sold to Amazon for $75 million in 2004. In August 2011, Xiaomi released its first smartphone and, by 2014, it had the largest market share of smartphones sold in China. Initially the company only sold its products online; however, it later opened brick and mortar stores. By 2015, it was developing a wide range of consumer electronics. In 2020, the company sold 149.4 million smartphones and its MIUI (now Xiaomi HyperOS) mobile operating system has over 500 million monthly active users. As of August 2024, Xiaomi is the second-largest seller of smartphones worldwide, with a market share of about 12%, according to Counterpoint. Its presence led some people to call Xiaomi the "Apple of China".It has come up with its own range of wearable items. It also is a major manufacturer of appliances including televisions, flashlights, unmanned aerial vehicles, and air purifiers using its Internet of things and Xiaomi Smart Home product ecosystems.

Xiaomi keeps its prices close to its manufacturing costs and bill of materials costs by keeping most of its products in the market for 18 months, longer than most smartphone companies. The company also uses inventory optimization and flash sales to keep its inventory low.

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