airbus has had a very stron: this? airbus has had a very strong run _ this?had a very strong run in _ this? airbus has had a very strong run in the _ this? airbus has had a very strong run in the narrow. this? airbus has had a very i strong run in the narrow body segment. the a320 has had a good re—entry into service. especially for narrow body airlines that have a longer range. boeing does not have anything that competes in that segment really. airbus has been able to scale a march on boeing in this case. pro mac is far behind as well. they have not put as many aircraft dash i think they are still putting their feet under the hood,... particularly in the china market. particularly in the china market-— particularly in the china market. . . , ., market. calendar this grounding in inspection _ market. calendar this grounding in inspection continue? - market. calendar this grounding in inspection continue? i - market. calendar this grounding in inspection continue? i think. in inspection continue? i think it will continue _ in inspection continue? i think it wi

airbus. john strickland, thank you so much, pleased _ airbus. us. you are bbc news. john, i'm so sorry to interrupt you. while we are watching these pictures i wonder if you could tell us about the safety culture injapan? and how surprising it is for them to have such a big incident like this in a major airport? such a big incident like this in a majorairport? i such a big incident like this in a major airport?— such a big incident like this in a major airport? i thinkjapan as an aviation country, _ major airport? i thinkjapan as an aviation country, significantly - aviation country, significantly aviation— aviation country, significantly aviation dependent, they have a good safety _ aviation dependent, they have a good safety reputation. most of the airlines — safety reputation. most of the airlines have been around for some time, _ airlines have been around for some time, there have been one or two accidents. — time, there have been one or two accidents, that is over many decades. _ accidents, that is over many decades, it has a exemplary repu

at airbus, - was in that sense. at airbus, absolutely— was in that sense.cident involving a350, it to learn from this, this is the - first accident involving a350, it is a very— first accident involving a350, it is a very nrodern _ first accident involving a350, it is a very modern design, _ first accident involving a350, it is a very modern design, an - first accident involving a350, it is l a very modern design, an incredible aeroplane _ a very modern design, an incredible aeroplane with _ a very modern design, an incredible aeroplane with lots _ a very modern design, an incredible aeroplane with lots of _ a very modern design, an incredible aeroplane with lots of features - a very modern design, an incredible aeroplane with lots of features to l aeroplane with lots of features to it and _ aeroplane with lots of features to it and they — aeroplane with lots of features to it and they will _ aeroplane with lots of features to it and they will want _ aeroplane with lots of features to it and they will want to _ aeroplane with lots of features to it and they

and just ten days ago, i was with the japan airlines delegation and airbus at airbus headquarters, wherere showing a new safety centre that was built and created in honour ofjapan airlines because airbus was so impressed with their safety protocols. so it doesn't surprise me then that with something as freak as this accident and this accident is simply extraordinary, the airline was able to evacuate almost 400 people in less than 90 seconds off of an aircraft that flies high density, busy domestic flight routes. it's a large aircraft, but injapan, they only use it for domestic flights because they have that demand. so that right there, i think it puts this into a bit of an extraordinary category. thankfully, we know that the almost 400 on board are safe and and now they are letting the wreckage burn out, as is often safer to do so. and, of course, the investigation begins. alex, we're looking at those pictures, the few seconds of footage that we have that someone has taken on a mobile phone of people evacuating that plane. as you say, it's thought that all those nearly 400 people evacuat

we have a grounding of an airbus-type aircraft, airbus 321 with the pratt & whitney engine. overall capacity in the market in many cases is pretty tight. if the demand levels from customers holds up to travel, compared to the tight capacity, then the outlook is strong in terms of the shortage of the capacity which pushes up prices. many unknowns can throw things off track in short order as we have seen by the geopolitical challenges. >> thank you, john strickland, director of jls consulting. for our full analysis and latest on what happened aboard the alaska always flight 1282, head to cnbc.com. >>> coming up on the show, european equities slide after a strong u.s. jobs report while oil and gasses dp.ro we'll break it all down just ahead. i knew there would be a lot of orders to fill and i wanted them to ship out fast that's why i chose shipstation shipstation helps manage orders reduce shipping costs and print out shipping labels it's my secret ingredient shipstation the number 1 choice of online sellers and wolfgang puck go to shipstation.com/tv and get 2 months free switc

the airbus landed _ evacuate from the aircraft.landed that 5:45pm local time having made a shortjourney from northern japan. having made a shortjourney from northernjapan. 0ne having made a shortjourney from northern japan. one person is believed to have escaped from the coastguard plane which was on its way to the west of the country to deliver aid to a region that was hit hard by an earthquake yesterday which claimed the lives of 48 people. the japanese prime minister said he wants officials to act quickly to ascertain the damage and provide information to the public. matt graveling, bbc news. as we mentioned, the coastguard plane involved in that apparent collision was on a mission to deliver aid supplies after yesterday's earthquake injapan. at least 48 people are now known to have died in the quake. japan's prime minister says rescue teams are facing a �*race against time' to find survivors trapped beneath the rubble. the quake with a magnitude of 7.6 hit the province of noto, our correspondent jean mckenzie reports from there

the airbus backlog is much larger.oeing is also obviously going to be looking out for a china order for the chinese carriers. so that is one of the key things that might happen in 2024. a lot of it depends on geopolitics, but we will have to see how that plays out and whether or not boeing will be able to get there backlogs filled with chinese carriers, as well as be able to deliver planes, especially the 737 max. guy: we were talking about the liquor story. airbus has a big french component to it. keep an eye on what that china story could mean on that front as well. let's talk about lufthansa. laphonza is going to start flights to tel aviv next week. why does the tonsil field he can do this, and having a risk it is potentially going to be taking here? sid: live tonsil is one of the first western carriers to go back into tel aviv after they pulled out at the start of the war in gaza. we are looking to see what happens next week, and in terms of how they managed to sustain those operations. they are going to start slow

an airbus coming in to land collides with a coastguard plane.y, the five people on the smaller aircraft are killed. japan airlines flight 516 remained ablaze as it continued down the runway, with 379 people on board. inside, passengers watched as sparks flew past their windows... shouting. ..as the pilot brought the plane to a stop. everyone was safely evacuated. ijust came here to pick up a friend. it was pretty scary — like, the whole airportjust froze. the people that were boarding planes all had to get off, planes just completely stopped everywhere and, yeah, it's kind of crazy. all runways were immediately closed. more than 70 fire engines tried to contain the blaze, which quickly spread through the whole body of the aircraft. it looks like the structure has done what it was designed to do, which is to protect the occupants and allow a fast evacuation, and of course the fire service focus will absolutely have been on protecting exits, making sure there was a clear path for people to evacuate from the aircraft. the airbus landed at 5:45pm lo

airbus has had a very strong run in the narrow body segment. a320 has had a good re—entry into service. especially for narrow body airlines that have a longer range. boeing does not have anything that competes in that segment really. airbus has been able to steal a march on boeing in this case. comac is a bit far behind as well. they have not put as many aircraft dash i think they are still putting their feet under the hood,... particularly in the china market. this summit is expected to draw is of domestic and international investors and comes ahead of general elections in a few months. our reporterjoins us live from delhi. how is this summit being looked at in india? the organisers _ looked at in india? the organisers of— looked at in india? the organisers of the - looked at in india? thei organisers of the event looked at in india? tue: organisers of the event are calling this one of the biggest business events that india has seen. it is marking its tenth edition as well and as you said we are likely to be seeing over 100,000 visitors in the

airbus has had a very strong run in the narrow body segment. is where the a320 and 737.has had a good re—entry into service. especially for narrow body airlines that have a longer range. boeing does not have anything that competes in that segment. airbus has been able to steal a march on boeing in this case. comac is a bit far behind as well. they have not put as many aircraft — i think they are still putting their feet under the hood. long—term comac could emerge as a competitor especially in the china market.— china market. the summit in gu'arat china market. the summit in guiarat is _ china market. the summit in gujarat is expected - china market. the summit in gujarat is expected to - china market. the summit in gujarat is expected to gather investors and is ahead of general elections that will take place in a few months. let's bring in a reporterfrom delhi. how is the summit being seenin delhi. how is the summit being seen in india?— seen in india? organisers of the accord _ seen in india? organisers of the accord of _ seen in india? organisers of the accord of the

the airbus a350 jet burst into flames during the incident.hese are live pictures from the scene at the airport where you can see the skeleton of that aircraft, the airbus a350 pretty much burnt out. it it has been burning for hours with the screw on site still trying to douse the flames. let's show you the pictures of people exiting that plane that we have been talking about. the emergency evacuation in the moments after the accident where you can see the fire burning at the back of the plane. and this inflatable slide which was put up within moments of the plane coming to land. we are repeating them on loop so you can see them on them on loop so you can see them on the right—hand side of your screen because they are quite small and it is dark but you can see the outline of those figures quickly evacuating from the plane. i was speaking to an air accident investigator a short a ago that aircrew are trained to evacuate the entire claim within 90 seconds and there was clear and immediate urgency to get the people of that plane as quickly as pos

an airbus coming in to land collides with a coastguard plane.gically, the five people on the smaller aircraft are killed. japan airlines flight 516 remained ablaze as it continued down the runway, with 379 people on board. inside, passengers watched as sparks flew past their windows... shouting. ..as the pilot brought the plane to a stop. everyone was safely evacuated. ijust came here to pick up a friend. it was pretty scary — like, the whole airportjust froze. the people that were boarding planes all had to get off, planes just completely stopped everywhere and, yeah, it's kind of crazy. all runways were immediately closed. more than 70 fire engines tried to contain the blaze, which quickly spread through the whole body of the aircraft. it looks like the structure has done what it was designed to do, which is to protect the occupants and allow a fast evacuation, and of course the fire service focus will absolutely have been on protecting exits, making sure there was a clear path for people to evacuate from the aircraft. the airbus landed at 5:4

>> oh, there are so recordings, and this is a very new airbus, and a 2021 airbus and the best recorders on the plane and every piece of the tower and with each other and even someone saying is what is that on the runway and not saying is it, and every piece of airbus they will have, and the cockpit recorder, and the tower as well, and we have to give kudos to the tower, because there is a fire emergency phone in the tower, and you pick it up and the crews respond, and clearly they will, and that is recorded, too, and the only question is the dash-8 which is the coast guard plane, and it could be very old and could have not a lot of recording and may not have any recordings at all, but everything is recorded in this accident. >> mary skichschiavo, thank you coming on. >> thank you. >>> and now, the details of a accident in rochester, and what we have learned about the suspect who crashed into a crowd of concertgoers ahead. >>> plus a man is in custody after he stabbed the south korean main opposition leader in the neck. we have new details about this attack. >>> and when will former pres

it goes straight up and aligns airbus, is this a big opportunity for airbus do you see airbus takingare after these disruptions? >> they have you know, it's a global duopoly. we used to think of it as 50-50. since 2019 narrow body shares of boeing have fallen 40% with airbus taking 60 by next year airbus probably can't do more than 75 a month if they even get there because they have their own issues with their supply chains and quality there. so we don't see shares going further one way because the supply chain is so strange you have these suppliers you can't really swap them out so it's probably going to end up at 60/40, but what it means for boeing and this is what investors are discounting with the market cap falling is what does pricing look like for boeing with the aircraft it was impaired. that's our view. is it going to continue to be impaired >> huge story today. boeing shares down half a percent. sheila kaiing on lieu, also great to have you here. >>> coming up on "worldwide exchange," we have the one word every investor needs to know today, plus why our next guest is shakin

an airbus coming in to land collides with a coastguard plane.le on the smaller aircraft are killed. japan airlines flight 516 remained ablaze as it continued down the runway, with 379 people on board. inside, passengers watched as sparks flew past their windows... shouting. ..as the pilot brought the plane to a stop. everyone was safely evacuated. ijust came here to pick up a friend. it was pretty scary — like, the whole airportjust froze. the people that were boarding planes all had to get off, planes just completely stopped everywhere and, yeah, it's kind of crazy. all runways were immediately closed. more than 70 fire engines tried to contain the blaze, which quickly spread through the whole body of the aircraft. it looks like the structure has done what it was designed to do, which is to protect the occupants and allow a fast evacuation, he and of course the fire service focus will absolutely have been on protecting exits, making sure there was a clear path for people to evacuate from the aircraft. the airbus landed at 5:45pm local time, hav

now it's a duopoly between boeing and airbus. and airbus is basically sold out with its production capacity of various aircraft. so airlines are almost forced to go to boeing, uh, the 737 max ten, which is a stretched version of the 737 max. uh, it has not yet been certified by the faa. and these problems aren't going to help expedite that certification process, either. united has even said we're not counting on those max tens to show up anytime soon . so it leaves airlines in a really tough, uh, predicament because they would like to add capacity where they can travel. demand is strong. and for us, as consumers, we want and need more flights going, more places. because when that happens, fares come down. so it's not a good situation now for travelers or for airlines. >> so are you saying perhaps fewer choices for us and higher prices in the next year or two, or more? >> well, it may not be as many choices available. still, a lot depends on, uh, production capacity of boeing's ability to meet its commitments. um, and of course, t

the airbus in japan.he whole dark in. >> through�*ple talk the whole dark in. >> through it,e talk the whole dark in. >> through it, and( the whole dark in. >> through it, and yous whole dark in. >> through it, and you canole dark in. >> through it, and you can see way through it, and you can see the look flight the bored look of the flight attendant. nobody's attendant. they know nobody's listening yeah. very listening. yeah. and i very pointedly teach pet , take it pointedly teach us pet, take it all in. >> well, good. so we should, um, our guests are with us. i'm delighted to say we're joined in the studio by senior political commentator nigel nelson and political commentator and author tanya . good morning. both tanya buxton. good morning. both happy new year, happy new year. when do we start that? we when do we start saying that? we don't this week . don't stop saying it this week. do it's this week? don't stop saying it this week. do yes, it's this week? don't stop saying it this week. do yes, yes i

inside the airbus, chaos, as passengers see heat and smoke billowing from an engine.oments that followed, the plane finally comes to a stop. "get me out," she screams, as passengers panic. within moments, and as the cabin fills with fumes, inflatable slides are released, allowing hundreds of passengers and crew to scramble to safety, miraculously unharmed. translation: i was wondering what happened, then i felt - the aeroplane tilted to the side of the runway, and ifelta big bump. the flight attendants told us to stay calm. translation: i can only say it was a miracle. - we could have died if we didn't evacuate at that point. a huge fire quickly takes hold and overwhelms the passenger aircraft, and then, this. those on board the second plane were not as fortunate. five of the six people aboard died, although the pilot escaped. that aircraft was travelling to ishikawa, near the epicentre of a 7.6 magnitude earthquake. it had struck nearly 2a hours earlier. it was carrying food. the crew were preparing to help with the rescue effort. authorities here at haneda airport d

tom: what is the airbus-boeing distinction?nk the zeitgeist is airbus has a lot of economics, it is smoother, creamier in the cockpit, and boeing's two engines moving forward. what is the airbus-boeing distinction from an engineering standpoint? george: i think you are right. the airbus cockpit is probably built more around the pilot or built around the computer where boeing is built, perhaps, a little more around the pilot and the pilot's skills. the zeitgeist right now, i don't know. when i think of these two companies, airbus is doing a much better job of executing. the airbus supply chain has challenges, but it appears they are more on top of those challenges, and they are getting more quality to their lines and through their lines, and that is allowing them to build more airplanes, and they are taking market share here. right now, airbus looks like quality, boeing looks like challenges. the real big challenge is if you are a fleet manager and you want an airplane, you could get in the back of the line for the a320, which i

they're opening this due diligence phase with airbus. they made an indicative offer between 1.5 and 1.8 billion euros. it was back in march it talked about it. that sale with atos fell through. they brought in others in october. there were multiple setbacks. heavy debt. they talked about other discussions. there's another involved in the casino negotiations. all of this is happening. they're looking at a potential capital increase. they're assessing all these options through the first quarter of this year and it seems suv elkt for them to cover it all for that part. airbus in an email segment said this is at their discretion. it's at an early stage. no certainty about the agreement on this traction. that's after the acquisition of eds that significantly accelerated the group. here it would be to convince them. we're watching this very closely. >> it's so interesting if it goes ahead that airbus are looking to buy the cybersecurity unit. thank you so much for that overview of what's going on. >>> also coming up on "street signs" today, ma

the crash happened on runway 3-4 right, precisely where the jal airbus a-350 had been cleared to land the question for japanese investigators, why was that smaller coast guard plane on the same runway, possibly preparing for takeoff. of the six coast guard crewmembers on an earthquake relief mission, only the captain survived, now in critical condition. but all 379 people on board the passenger plane survived, including eight infants. precisely what flight crews in the u.s. and abroad train for regardless of the size of the aircraft, the faa requires that within 15 seconds of the aircraft stopping for an accident, it must be able to start evacuating everybody out, through the window, through the doors, in just 90 seconds. that faa rule is the global standard. >> get out, get out, leave everything >> reporter: critical to surviving, leaving everything behind and getting out. when an american airlines plane caught fire in chicago in 2016, some passengers still grabbed their carry-ons. >> when passengers do not follow the instructions and do not leave their belongings in the airplane, th

japan airlines and airbus have both expressed their sympathies for those affected by the accident.earching for survivors — japanese officials say at least 48 people have died and many others are trapped beneath rubble, after a powerful earthquake. ukraine suffers another intense night of russian bombardment, leaving at least five people dead. ukraine's air defence claims 35 drones were shot down. we have just had a couple of statements on the aircraft collision in tokyo and i will read them out for you. statement from japan airlines confirms that on the evening of the 2nd ofjanuary, airlines confirms that on the evening of the 2nd of january, the evening of the 2nd ofjanuary, the flight was involved in a collision with a japan coastguard aircraft during its landing which resulted in a fire on the runway. the statement extends thoughts and prayers with the deceased members of the japan coastguard and says they want to assure you that all passengers and crew on our flight was safely evacuated. another statement from airbus in france confirming that the plane collided with another air

airbus is having a strong run, there a tree —— a 23 product competes with a 737, its engine version has and for other airlines have a longer—range boeing has nothing that competes in that segment so airbus has been able to steal a march on boeing in this case. 0ther march on boeing in this case. other competitors aren't that far behind they haven't produced many aircraft. how lona will produced many aircraft. how long will the _ produced many aircraft. how long will the inspection - long will the inspection continue?— continue? with that a manufacturer - continue? with that a manufacturer and - continue? with that a manufacturer and if i continue? with that a _ manufacturer and if maintenance issue, that the drill down and find exactly what happened because the last thing we need is for another issue to worker, and they'll be working hard to figure out exactly what happened and take proper steps to make sure he doesn't. the world bank has warned that the global economy is set to grow at its slowest pace since the pandemic. it has forecast growth ofjust 2.4% in 2024 and stated higher int

airbus also down today.e stock is under pressure, could potentially impact returns to investors. caution around the story. airbus one of the big weights on the cac 40. the reason is this. bruno cuccinelli down by nearly 4%. lvmh, other names down as well. ubs note earlier pointing to the fact that the entities may not be there in the way it has been in terms of deliverance. keep an eye on what happens over the next few days. let's talk about tomorrow. keep an eye on french cpi, german cpi. the decision-making panel out of the u.k., mortgage approvals, a lot of caution around the housing market in 2024 and we continue with data out of the u.s., claims tomorrow the precursor for the big number on friday in terms of the employment report. let's focus on the cpi story out of germany. katie: joining us to do just that is sonja martin, head of fx and monetary policy at dz bank. before we get to the drama of the current market, let's talk about germany. the euro inflation -- eurozone, the inflation ticked higher in

because it's an airbus plane, the french team will be assisting. they'll look at whether there was a communication breakdown and if the japanese pilots could even see the smaller plane on the runway, lester. >> tom costello, thank you. >>> the day after that devastating earthquake in western japan, at least 55 people are now reported dead as rescuers race to find survivors. janis mackey frayer is in japan where the officials say the death toll is likely to rise. >> reporter: tonight, japan's military and rescue crews are searching from the air and on the ground for survivors, trapped under buildings that have collapsed or caught fire. according to officials, at least 55 people are dead, a toll that's expected to rise from the powerful new year's day earthquake that rocked train platforms, shook grocery stores, homes, and this news station. and sent thousands across western japan scrambling for safety. japan's prime minister fumio kishida saying rescue efforts are a battle against time. on the noto peninsula near the coastal epicenter, buckled roads

we will get orders from airbus and boeing. shares down by almost 3%.f that is definitely what has happened with the oil price. that connection is fairly straightforward. we had an update from shell earlier on. pay attention to what is happening in chemicals. chemicals are the precursors for everything. there was a story over the weekend in "the telegraph" talking about the idea the government will push forward with the carbon capture project they are spearheading. that stock up on the back of that. a little more caution maybe coming through from those. the tracks outperforming on the back of the press report. germany is in a tough place. i'm quite keen to see what the eurozone retail sales numbers look like. unemployment data also worth paying attention to. the u.s. trade balance we are focusing on. we will get details on china. he was speaking out of croatia talking about the idea rate cuts from the ecb will come in the second half of this year. german industrial production i think will be interesting tomorrow. the german economy in a tough place rece

on board the airline's airbus 350, flying from the city of sappora, there were 367 passengers and 12s. the salon is instantly enveloped in smoke from everywhere frightened screams are heard. the fire is rapidly growing and the damaged wing is engulfed in flames. immediately after the stop , the evacuation of passengers begins along emergency inflatable slides. an emergency is declared even before the fire enters the cabin. during landing, the passenger airliner hit the wing of a japanese coast guard military transport aircraft taxiing for takeoff. he was preparing to fly with a cargo of humanitarian aid to the disaster zone in ishikawa prefecture, where large-scale search and rescue operations are ongoing after devastating earthquake on the noto peninsula. according to authorities, there were injuries among the passengers, at least 17 people were injured, five of them. hospitalization was required, people were able to be evacuated quite quickly in civil aviation, this is called the 90-second rule. the military transport plane, by the way, also burned down; it simply did not fall into

airbus, the manufacture of the aircraft, and the manufacturers of other components like the engine aredetailed foundation that focuses on safety for aviation on a global basis. fine for aviation on a global basis. one ofthe for aviation on a global basis. one of the advantages _ for aviation on a global basis. one of the advantages the investigators will have in this case is that the pilot on the japan airlines passenger plane has managed to escape alive, so presumably the focus will be on questioning him about what happens in the run—up to this and how it all went wrong. that should be a — this and how it all went wrong. that should be a really _ this and how it all went wrong. trust should be a really very helpful factor. we are in a situation where the crew had lots —— if the crew had lost their lives, the investigation team would have to rely totally on data, including audio data from the flight deck, the pilot conversations with air traffic control, the recordings of the air traffic controllers themselves, what was going on on that shift in terms of handling the aircraft movements

then the japan airlines airbus comes into view trailing sparks and flame.m inside the cabin showed relative calm. but outside, fire was engulfing the aircraft. pictures posted on social media show passengers escaping on evacuation slides and then running for their lives. incredibly, all 379 people on board got out. "i saw the fire in the engine," said satoshi yamake, "but only when we got away from the plane did i see how fast the flames were spreading." "i can only say it was a miracle," said tsubasa suwara. "if we hadn't gotten out right then, we could all have died." as the airbus burned out of control, authorities said it had collided on the runway with a smaller plane belonging to japan's coast guard. five of the six crew members were killed. in a tragic twist, they'd been on their way to another disaster, to bring relief supplies to ishikawa in western japan. the area devastated on new year's day by a powerful earthquake. the scale of the damage in this relatively remote area is now becoming clear. many older wooden houses not built to modern earthqua

so, boeing and airbus. they could in source this kind of. >> they could do with themselves eventually. >> you've made the case very clearly, chase. and thank you very much. we appreciate, always good to have you on with us. we appreciate it. >> yeah. >> jason -- of citi bank. that goes in for the exchange. coming up on power lunch, the house had to vote in three hours on the latest wanting beloved just a day left to avoid a shutdown. will congress be able to get a bill to biden's desk in time? we'll discuss that. contested prewar is here. she's almost ready to join me onset here. big moment for her, all join her on the other side of this quick break. rylee! from rylee's realty! hi! this listing sounds incredible. let's check it out. says here it gets plenty of light. and this must be the ocean view? of aruba? huh. this listing is misleading. well, when at&t says we give businesses get our best deal, on the iphone 15 pro made with titanium. we mean it. amazing. all my agents want it. says here...“inviting pool”. come on over! too inviting. on

airliner airbus a350 collided with a japanese coast guard plane soon after it landed on the runway in area around the left wing of the airbus caught fire, and then soon after, the entire plane was engulfed. things were very tense moments for all crew and passengers on board. and you could hear the fear of the passengers on board as that smoke begins to fill the plane, panicked voices amid the crew telling people that they would need to evacuate. >> minutes later, all those passengers sliding down the evacuation slides. incredibly, all 379 passengers and crew got off that airliner safely with just over a dozen people with minor injuries. >> but that was not the case with the coast guard plane. fox's greg palkot has the story. a tragic accident on a japanese airportrillionunway causing multiple deaths on tuesday. >> it happened at haneda airport in tokyo. a packed airbus plane taxiing on the runway was involved in a collision with a japanese coast guard plane, apparently just landing at the airport, the collision triggering a massive fire. you can see it igniting here. the cabin almost

the airbus a 5900 packed, including parents with young children. he said some passengers were scared, especially the kids and women. and the scene outside was even scarier, people on other planes capture the chaos.>> we heard the big bang, and i turned around and i saw the flame, it was making a trail.>> the runways were full on tuesday evening, haneda airport in the heart of tokyo handling extra holiday traffic and the japan coast guard playing with six crew members carrying badly needed relief to parts of japan jolted by a massive 7.5 magnitude earthquake. the quake causing widespread destruction. dozens of debts, just hours into the new year. japan's transportation minister said the coast guard captain was badly hurt. five other crew members killed. a very different outcome for the japan airlines jet with just seconds to spare, 12 crew members safely evacuated, all 367 passengers, including eight children under the age of two. only a handful had to go to the hospital. everyone walked away as flames fully engulfed the plane. for a nation obsessed

they also supply parts to boeing rivals, including airbus. closely monitoring and learning from the investigation. i would like to point out that airbus had an all-time high and -- time high in european trading. it shattered orders 30% from the prior setback back in 2014. different situation for airbus, versus boeing. >> christina, thank you so much. >>> just getting started. up next, they are back. what they are forecasting for your head, and what global markets they are steering clear of right now. live from the new york stock exchange. you are watching closing bell, on cnbc. they're waiting for you. hey, do you have a second? they're all expecting more. more efficiency. more benefits. more growth. when you realize you can give your people everything, and more. thank you very much. [applause] ask, "now what?" here's what. you go with prudential to protect, empower and grow. with everything you need to deliver, you guessed it... more. one more thing... who's your rock? learn more at prudential.com >>> stocks are back in the red. hovering clo

airbus have confirmed the aircraft involved in this incident was an a350.s has a fleet of 17 of this type of aircraft — all of which have been delivered to them in the past four years. our asia reporter suranjana tewari is in tokyo. she gave me the latest details on the incident. what we saw was a japan airlines passenger plane coming in to land on the runway at haneda international airport. as it was landing it seem to collide with something and create a big explosion and then it continued down the runway and it was still on fire before coming to a stop. that fire has now spread significantly throughout the aircraft. the passenger aircraft, that is. and it did leave behind that is. and it did leave behind that other explosion. the coastguard has confirmed that there was a collision with one of its planes, a smaller plane, and the coastguard has confirmed to the bbc that it is investigating the incident, the information about the collision coming from nhk, local media here in japan. the airport is one of two in tokyo, two international airports, and it is a

. >> reporter: first you see an explosion far down the runway, then the japan airlines airbus comes into view trailing sparks and flame. video from inside the cabin showed relative calm. outside, fire was engulfing the aircraft. pictures posted on social media show passengers escaping on evacuation slides and then running for their lives. incredibly, all 379 people on board got out. [ speaking in a global language ] "i saw the fire in the engine," he said, "but only when we got away from the plane did i see how fast the flames were spreading." "i can only say it was a miracle," said this man. "if we hadn't got out right then we could all have died." as the airbus burned out of control, authorities said it had collided on the runway with a smaller plane belonging to japan's coast guard. five of the six crew members were killed. in a tragic twist, they'd been on their way to another disaster -- to bring relief supplies to ishikawa in western japan. the area devastated on new year's day by a powerful earthquake. the scale of the damage in this relatively remote area is becoming clear. many

we have a duopoly, it is boeing and airbus and airbus is sold out of its jets into the 20 30's.are also a concern. the max politics the engine from cnf international. airbus, you can choose between that engine or a variant of it or the gtf from rtx which is having problems of its own. they have had to do a costly recall of that engine technology because of a manufacturing glitch. if you are an airline, i don't know what your best option is because you're having a problem with both of these aircrafts. so far all the investigations, the grounding is focused on the mix nine -- max nine. the max 8 is really the workhorse of the boeing family of jets. that so far has not come under scrutiny. it is a fair question as to whether it may. lisa: george ferguson was on yesterday and he was talking about there are serious staffing issues since the pandemic and that can play a role in the supply chain issues or the assembly line issues and the lack of tightening the bolts. do you buy into this? is this something you have been hearing from executives of other industrial companies that they do

, and airbus is already outselling boeing. meanwhile, here in seattle today, boeing announced a safety stand-down on thursday for everybody working on the 737 production line to drill down on quality control and safety as it tries to focus on getting better lester >> all right, tom costello, thank you. >>> up next, our tribute to a broadcasting giant, who delivered the news his way. we'll remember charles osgood >>> finally, sad news about a fixture of so many sunday mornings for so many. charles osgood has died in his memorable style, he brought the news to generations. here's harry smith >> this is charles osgood. >> reporter: for more than 50 years, charles osgood's voice was as familiar as a family member's born charles wood, osgood started his career on the air as a student at fordham university shortly after graduation, he landed an announcer job at a classical music station in washington, d.c. osgood joined the army in 1955, and talked his way into a post as emcee for the united states army band by impressing the comman

most people got out safely to achatz in says he noticed one of the doors on the airbus failed to openuring the evacuation. that was clearly palpable. learning going on. if i can use those terms, it's enormously hall coming to see that everybody reportedly of the has come out of the sect in one >> those pedro rivera reporting for us tonight. many flights were temporarily canceled to the airport as investigators continue to look into the cause of the collision. according to flightaware, though, it now looks like most flights are back on schedule tonight. we'll stay in japan where immense clean-up and recovery is happening along the western coast of that country. at least 55 people were killen when a 7.5 magnitude earthquake shook the region. new year's day. at least 17 other people were seriously injured while hundreds of structures were demolished. there have since been more than 100 aftershocks. a frantic search is now underway for survivors and residents in some areas are still being warned not to return to their homes tonight because there could be more earthquakes. big aftershocks

they say the airbus like other modern passenger planes now has less toxic, less flammable materials insidend they say the actual skin of many of these aircraft is now more fire resistant. brian todd, cnn, washington. >>> marc stewart is joining us now. marc, often with tragic aircraft accidents, it is a confluence of circumstances that contribute to the disaster. is that the sense that you are getting from the evidence that is emerging? >> reporter: absolutely. when investigators sit down at the table, they will look at a number of things. they will look at the transcripts that brian todd was talking about from air traffic control. they will also look at this runway light issue and see if the warnings there were sufficient. but a big piece of this pie, if you will, is going to be the black boxes of the different aircraft. so far the black box of the japan coast guard plane has been found, but the one from the japan airlines airbus a-350 still a has not been located. and the black box will tell us two things. one, it will tell us exactly what was said in the cockpit moments up to the impact

. >>> and airbus in recent talks.he acquisition could boost airbus defense and security through added skills and cybersecurity and artificial intelligence. the proposed deal comes after airbus failed to take a minority stake. >>> coming up, the one word every investor needs to know and why steve eisman is bettsing against wall street, this time with his eonyes fed. we'll be back with "worldwide exchange" in just a moment. c, supercharged by apple silicon. ♪♪ built-in security protects me from malware and forgotten passwords. i've got enough battery life to get me halfway around the globe. and lower overall costs leave more money in our budget. for more practical furniture? this was supposed to be hip. no. can you help me up? with mac, configured by cdw, a solution that works for everyone isn't just possible, it's powerful. >>> welcome back to "worldwide exchange." we start with shares of apple extending yesterday's louiss. concerns about weakening iphone 15 sales, hardware demand and regulation weighing on the stock.

okay, you're going to cancel your order and place an order with airbus and wait until 2030 to get the planes you want? that's an obvious plus, the duopoly, what about the obvious negative which seems to be continued execution risk? >> no question. there's a huge blemish on calhoun. they recently hired and announced a new coo and i wonder if calhoun, his days are kind of numbered. i want to invest on them getting this fixed and getting this right and the faa not then delaying the 737 ten series which is 20% of the backlog and that is a big deal. the bottom line is the stock will price in lower free cash flow, guidance is $10 billion. so maybe it comes in at $6 billion or $7 billion. it's still free cash flow. it's a story of there's more demand than there is supply and that is for the long-term favorable. >> to your point citi was estimating the grounding of the planes could cost $2 million to $3 million a day. that's not insignificant. however, to your point, boeing is expected to generate $6 billion in free cash flow this year. the headline for us here isn't the ceo holding a safety

you have the flight crew aboard the airbus 350. you have apparently the surviving pilot, the coast guard pilot on the dash. and you have the air traffic controllers up there in the control tower. and each of them will have a story to tell. they will be interviewed separately. and on top of that, you have lots of recordings. recordings of the air traffic control communications and the cockpit voice record er on the airbus 350. i'm not sure if if that japanese coast guard was similarly equipped. we'll have to see about that. but the parties the involved, the people who made the decisions in this case are all present and with us still to sort of sort out what happened. where the confusion happened, as pete pointed out, it was weather but it was nighttime. it's the busiest airport in the pacific. a lot of adrenaline going with that coast guard crew trying to get needed relief supplies up to the region. so there are a the lot of subtle human factors here that need to be addressed. >> we appreciate the time and the insights today. thank

boeing's major competitors, airbus and airbus has been beating them on aircraft deliveries since thebility to deliver quality aircraft and it is going to dent margins and when investors realize that, the stock is going down, becky. >> calhoun does seem to be taking responsibility, albeit belatedly. but it is not like airbus has extra planes to sell disgruntled customers in all of these issues. so is that something that could potentially cushion the blow? >> yes, becky. on the other hand, the punishment a lot of people are expecting from boeing is already priced into the stock. its market value is half what it was before the max nightmare began. airbus this week hit all time highs. airbus is about $10 billion away from beating boeing in annual revenue, which would have been unthinkable a few years back. all that to say, boeing stock is in tension, not just because of problems with 737s. the business has been suffering from margin pressure and labor cost as the commercial plane problems weren't enough, boeing is also finding engineering headaches in satellites and drones. despite all t

airbus' comment thon is that a secondary structure panel used to improve the aerodynamic performance.aft, each has 119 fasteners so there was name pact to the structural integrity. now, look, you and i aren't signature here as engineers, but the question to you as a passenger signature there, you looked out and saw that. you saw what happened. the captain wanted a mechanic. you hear the statements. do they make you feel any better? >> not, trying to put my mind to rest. they explained that the screws were still there, they weren't missing. it wasn't the heads that came off. surely it's the heads that are the important part of screws and if the panel was designed with 19 screws that's safe to fly without -- with four mission, then why wasn't it designed with 115 screws, so these things do cross your mind, but like you said we're not engineers, and this doe know what we're talking about, so you have to put your trust in them. >> yeah, but it is -- it is the case though that that -- that that trust, of course, has now been called into question with some of the other incidents so it is im

doesn't mean you can dismiss it if you're boeing or airbus. but this is not something that people are going to say i'm not flying a particular route because it's a max 9. the number of people who do that, scott, is very, very low. >> well, it is the second time, you know, we're talking major issues here. we'll see. phil, we're looking forward to your interview, we'll see you in 35 minutes or so with dave calhoun. that's phil lebeau. you own the stock. i see this coming down to two things one step forward to two steps versus duolply. jim raventhal says i'm out, and you stay in it for the duopoly. >> you do. we have small minor position. >> as we give you the business about that -- >> i know, in our value portfolio. so we have the good fortune of running ten different disciplines in ten different markets. in a value, a position in 50 stocks, you want to bet on the value that continues to get better because we've had say lot of two-minute minors to talk in hockey terms, but this is a five-minute major. they're going to be in the penalty box for a

then the japan airlines airbus comes into view, trailing sparks and flame.inside the cabin showed relative calm. but outside, fire was engulfing the aircraft. pictures posted on social media show passengers escaping on evacuation slides and then running for their lives. incredibly, all 379 people on board got out. "i saw the fire in the engine," said she toshi maki, "but only when we got away from the plane did i see how fast the flames were spreading." i can only say it was a miracle, said another passenger. if we hadn't got out right then, we would have all died. as the airbus burned, out of control, authorities said it collided on the runway with a smaller plane belonging to japan's coast guard. five of the six crew members were killed. in a tragic twist, they had been on their way to another disaster, to bring relief supplies to issue car while in western japan. the area devastated on new year's day by a powerful earthquake. the scale of the damage in this relatively remote area is now becoming clear. many older wooden houses not built to modern standard

while that airbus literally landed on top of the coast guard plane, everybody on that airbus amazingly got out despite that horrendous fire. unfortunately five of six people onword that coast guard plane, five of six perished. the captain did survive but we're told he's critically injured. why did this happen is the question. more importantly, listen to how important it is to follow the flight attendant's -- >> it's imperative that people leave their belongings and concentrate on getting out of the airplane, follow the instructions of the flight attendant. >> reporter: we've seen it too many times, i need my laptop, they delay the evacuation for the other people, this time everyone got out. they're alive. >> tom, thank you. tell us about rescue and recovery efforts in the aftermath of the earthquakes, what are the biggest concerns right now. >> reporter: the concern is that the death toll may increase, it's now at 55 dead, in ishikawa prefecture near the epicenter of this huge earthquake that hit central japan on monday. we're heading into about hour 35 now after that incident and the

then the japan airlines airbus comes into view, trailing sparks and flame.inside the cabin showed relative calm. but outside, fire was engulfing the aircraft. pictures posted on social media show passengers escaping on evacuation slides and then running for their lives. incredibly, all 379 people on board got out. "i saw the fire in the engine," said one passenger, "but only when we got away from the plane did i see how fast the flames were spreading." "i can only say it was a miracle," said another passenger. "if we hadn't got out right then, we could all have died." as the airbus burned out of control, authorities said it collided on the runway with a smaller plane belonging to japan's coast guard. five of the six crew members were killed. in a tragic twist, they had been on their way to another disaster, to bring relief supplies to ishikawa in western japan. the area devastated on new year's day by a powerful earthquake. the scale of the damage in this relatively remote area is now becoming clear. many older wooden houses not built to modern earthquake-pr