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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Ex-Google engineer says Larry Page, Sergey Brin and Sundar Pichai share the same trait—it's the lesson he swears by as a $7.2 billion AI CEO
Aviation

British Airways Plans to Add Extra Seats in Economy Class

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Feliz Solomon
Feliz Solomon
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By
Feliz Solomon
Feliz Solomon
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November 7, 2016, 10:46 PM ET
Heathrow Airport Third Runway Given Go Ahead By The UK Government
LONDON, ENGLAND - OCTOBER 25: British Airways planes taxi near Heathrow's Terminal 5 on October 25, 2016 in London, England. At a cabinet committee meeting today the government approved a third runway at Heathrow airport. Many people in the nearby village of Harmondsworth are strongly opposed to the third Heathrow runway as it would likely mean the demolition of the village. (Photo by Dan Kitwood/Getty Images)Photograph by Dan Kitwood—Getty Images
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U.K. flag carrier British Airways plans to increase seating capacity in some economy cabins by up to 20% to meet growing demand.

BA’s Boeing (BA) 777 aircraft could soon seat some 332 passengers — an increase from the current 280, according to a BBC report. The company said that some aircraft cabins would have 10 seats installed per row instead of nine, as they have now.

“We are flying more customers than ever before,” stated the company. “To meet this demand, we are updating our (Boeing) 777 cabins to bring us into line with many of our competitors.”

Some reports say that BA will also be adding more seats to its Airbus A320 aircraft.

The company also reportedly plans to upgrade its in-flight entertainment systems as well, with the addition of larger seat-back screens.

For more on aviation, watch Fortune’s video:

BA’s company’s operating profits fell 4% to €1.2 billion ($1.3 billion) during the July to September quarter according to figures from parent company IAG (INTERNATIONAL-AIRLINES-GROUP). The shortfall of €162m (£145m) was attributed by IAG to the weak pound sterling.

BA said it expects profits to rise by about 7%, lower than its previous forecast. The disclosure followed similar warnings of lower profit margins from budget carriers easyJet and Ryanair, the BBC reports.

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