this is the business briefing. i'm sally bundock. critical rescue talks atjet airways — we'll be live to mumbai as the indian airline teeters on the brink of collapse with all international flights cancelled. sneak peek — beijing's brand—new airport! it'll open in the autumn to meet china's growing appetite for air travel. we like to keep you across financial markets. they have started the week well thanks to positive earnings and encouraging news out today about the chinese economy.

it's make or break forjet airways. pilots at the indian airline have reportedly been told by their union to put off a planned strike to give its management and its key lender time to reach a deal. more than 1,000 pilots were planning to stop flying today as they've not been paid for three months. the airline is saddled with more than $1 billion in debt and is trying to get a financial lifeline so it can avoid collapse. six months ago, jet airways had more than 120 aircraft and had been servicing hundreds of domestic and international routes. but it's had to ground the vast majority of its fleet and cancelled all international flights on friday due to unpaid fees to leasing firms.

the airline was founded by businessman naresh goyal. he and his family have a 51% stake injet airways. but he stood down as chairman last month due to the firm's financial crisis. let's grow live to mumbai. —— go live. 0ur india business correspondent sameer hashmi joins me now from outsidejet airways‘ headquarters. what is the latest on this? right now we are standing outside the jet right now we are standing outside thejet headquarters. the staff members from the other departments are assembling at the office today and we have been told that in an hour all the employees ability a silent protest outside the gate. ——0rthe silent protest outside the gate. ——or the employees will do a silent protest. today, the lenders are going to meet and review everything. media reports say about three bids have come in, they will review them and see if they are serious enough

to ta ke and see if they are serious enough to take over the airline. if they are satisfied with those bids, the lenders will infuse more money until a new investor comes along. today do oi’ a new investor comes along. today do ordie a new investor comes along. today do or die day because if the vendor ‘s feel those bids are not serious enough, they will not include any more funds, which means the airline may shut down. it really is a make or break discussion today behind you in that headquarters. 0ur discussion today behind you in that headquarters. our people had —— hopeful the airline will be rescued? just to clarify one thing, the lenders are not going to meet inside. they will meet at another location, the employees are assembling here. iwas location, the employees are assembling here. i was talking to a lot of staff members here and a lot of them are really worried about their future. of them are really worried about theirfuture. their of them are really worried about their future. their concern of them are really worried about theirfuture. their concern is when theirfuture. their concern is when the lenders took over, they promised to invest close to $300 million so that they can save the line and keep

it running until a new investor came on board. despite that, they have not kept their promise and they are not kept their promise and they are not confident. as you mentioned, they are planning to stop flying from today. there are seven to eight aircraft flying but they have decided to put that off by another day in the hope that may be the lenders will agree to accept or shortlist one of the beds, which includes a bid from etihad, which is already invested in the airline. there is a thin railfrom keeping them going and they think that by this evening, there should be an answer. they are praying today, saying the future is at stake and are hoping that the lenders agreed to infuse funds to keep the line running. thank you so much. james halsted, managing partner at aviation strategyjoins me now. good morning. you were listening to

that. put it in perspective. jet airways, talk us through where it sits on what it is in so much trouble. it is first or second in the market, depending on which way you look at it, but it is the second—largest domestic player and it is just a bit ahead of airlines internationally. it is basically a legacy carrier, a full—service carrier. it has missed out on the significant growth the indian market has seen from the introduction of low—cost carriers. we now have the largest domestic player being indigo, the number of passages they are carrying, and the indian market has grown exponentially in the last 15 years. being a legacy carrier, is the same old story, it has lots of baggage,

it been around a lot time —— been around a long time, it cannot react to this market growing exponentially in india? i think that is one way of putting it. it is efficient in a way, but it is inefficient in comparison with, particularly with the golf carriers, —— gulf carriers, and in comparison with some of the european legacy carriers, but faced with that intense competition, it is not really a ble intense competition, it is not really able to develop properly. the indian market is not only growing very fast, but it has been intensely competitive. we have to leave it there. thank you very much indeed, and we will keep you across any developments withjet airways as it progresses. after two years, japan is finally taking up president trump's offer for bilateral trade talks, which will begin later

today in washington. japanese prime minister shinzo abe is keen to avoid tariffs onjapanese cars, which washington has threatened. let's go to our asia business hub where rico hizon is following the story. lovely to see you. tell us how these dogs are likely to grow. hopefully, smoother than the ongoing trade negotiations between the chinese and the american —— how those talks are likely to goad today. --go. the us is seeking a more wide—ranging agreements. japanese officials want negotiations and other areas not related to goods to reach a deal quickly, but they are also bracing for tough demands on farm goods and also imports. president trump said he wants free trade deals covering a wide range of areas, he has been playing hardball with traditional us trading partners

using tariffs and threats in an effort to boost us exports and curb its long—standing trade deficit. the treasury secretary also said a rule on currency manipulation will be included in any usjapan trade agreement. thank you. good to see you. now, let's brief you on some other business stories. british foreign ministerjeremy hunt will seek to reassure japanese car maker toyota that the uk government is focused on avoiding a no—deal exit from the european union and ensuring tariff—tree trade between britain and the eu. hunt will meet japanese prime minister shinzo abe and toyota representatives monday. president donald trump renewed his attack on the federal reserve, claiming that the stock market would be much higher had it not been for the actions of the us central bank. he tweeted: "if the fed had done itsjob properly,

"which it has not, the stock market would have been up "5,000 to 10,000 additional points." back to aviation. china is expected to overtake the us as the biggest market in the next three years. and with over a billion passengers each year, beijing is set to open a brand—new airport in the fall. stephen mcdonell went along to have a look. it has been touted as the world's largest single airport terminal, and it will eventually handle more than 100 million passengers every year using six runways. beijing already has an enormous airport in the north—east, so when we heard there was to be a new airport in the south of the city and that it was to be the biggest in the world, we have been dying to come and have a look. well, here we are, and there it is.

we are told this building covers over a million square metres. and in a first of its kind, will have two departure and arrival floors. there is 100% of rainwater elected, solar farm there is 100% of rainwater elected, solarfarm on site there is 100% of rainwater elected, solar farm on site and 60% of vehicles using clean energy. construction will finish in june vehicles using clean energy. construction will finish injune and it will be open for business in september. when you take the massive capacity here added to the huge airport that beijing already has,

you can imagine just airport that beijing already has, you can imaginejust what airport that beijing already has, you can imagine just what a transport hub the chinese capital is going to become. this has only been a flying visit, but with even a small peak inside, it does appear this facility could change the way people travel throughout the region. wow! it looks impressive, doesn't it? that's it for the business briefing this hour. stephanie is back with me to talk through what is in the global media. plans to stop tenants being unfairly evicted by private landlords in england are being unveiled today by the government. it wants to stop so—called, no—fault evictions, where people

are forced to leave at short notice and without good reason. but landlords are warning the changes could lead to serious problems in the supply of rental housing. simonjones reports. somewhere to call home. but at the moment, tenants can be effective without a reason for as little as eight weeks notice when the fixed term contracts come to an end under so—called section 21 notices. it is claimed some renters who complain about problems in their properties find themselves victims of revenge elections. 0ne housing charities as reforms are long overdue. the balance of power in private renting has been all on the side of the landlord. tenants have had almost no rights. they live in fear. we have people thinking, if i complain about disrepair in my property, next thing, slap on the door, section 21 notice. more than 11 million people live in privately rented accommodation in england for the one infour

accommodation in england for the one in fourfamilies accommodation in england for the one in four families with children rent. a survey suggested 75% of renters think indefinite tenancies will improve the quality of life. the government is to lodge a consultation on whether to abolish section 21 evictions, effectively creating open—ended contracts. landlords will have to provide concrete legal reasons for scrapping penances. if someone needs to be evicted for falling behind with their rent or antisocial behaviour, their rent or antisocial behaviour, the government says call proceedings will be speeded up. the residential landlords association says 98% of tenancies are entered by the tenant rather than the landlord, and most property owners do not simply higher grounds or scrap contracts without a good reason. simon jones, grounds or scrap contracts without a good reason. simonjones, bbc news. more on that story and all the others on breakfast at six o'clock. this is the briefing from bbc news. the latest headlines: tiger woods has won the masters more than ten years after

his last major golfing title. the bbc learns more about the drone incident that caused chaos for thousands at one of britain's busiest airports. finland faces tough coalition talks after a split poll, which saw the far right increase its share of the vote. let's unpack those stories and look at some others. what is the global media saying about them this morning? we begin with the gulf news. its main story is on google's location tracker and the controversial new use that police are finding for it. a story from bbc news 0nline now. it reports on a police detective in london who has found a way of forecasting where fatal knife attacks are likely to take place in the future. the huffington post uk claims an exclusive with its report on the latest pressure

labour opposition leader jeremy corbyn is facing to back a second eu referendum. fox news covers the latest runner for us president. pete buttigieg is a 37—year—old war veteran and the gay mayor of a small town in indiana. and espn among many covering this amazing story. of course, we couldn't finish without looking at tiger woods' roaring comeback. so let's begin with the gulf news. back with me is independent analyst stephanie hare. how google tractor footprints. the reason effect this is because you are here this morning, this is an area of expertise. what is google up to and be be worried? we should be worried because google has made it design choice, it has the option to make a default that it is not tracking your location, it is chose not to do