this is the business briefing. i'm sally bundock. aviation bosses fly into paris for the annual air show with trade tensions and safety concerns set to dominate. and the wife of carlos ghosn tells the bbc why she's asking donald trump for help. and on the markets: it's a brand—new trading week. we've seen positive gains in hong kong as it would seem that the testers are hearing — being heard for now and there isn't violence in hong kong.

both airbus and boeing will be hoping to reverse a worrying trend in plane orders, when the 2019 international paris air show gets underway later today. in particular, boeing has been affected by the grounding of its 737 max after fatal crashes in indonesia and ethiopia. 2019 has so far proved to be a difficult time for aircraft makers. earlier this month, the international air transport association warned that industry profits would fall by more than $7 billion this year following a dip in global trade. boeing has other, bigger problems. the 737 model has remained grounded since mid—march. from then, and throughout april and may, boeing had precisely zero orders for any of its

commercial planes. boeing isn't about to run out of work just yet, it still has around 5,500 commercial planes on its order book, worth nearly $400 billion. the start of 2019 saw the european plane maker airbus suffer more cancellations than new requests. of those cancellations, around a quarter relate to emirates' decision to end production of the a380 superjumbo. however, some analysts believe the aviation industry will continue to grow despite the rising challenges. airbus and boeing are both sitting in an industry which is continuing to show strong growth. if we look at what is driving passenger growth, it's coming out of asia and to some degree the middle east. this seems to be no sign of that slowing down. every year there is a new —— reve nu es every year there is a new —— revenues go up. every year there is a new —— revenues go up. both of those companies, as they position their

products for increasing demand, it's going to be important that they may the right presence known, that they show what they can do with their products and fulfil airlines' needs as they grow. that is one view. i'm nowjoined in the studio by phil seymour, who's the ceo of iba group. good morning, phil. you were listening to all of that. give us your take on this year's show, given the challenges outlined. sure. i think the manufactures want to announce orders at air shows, it's really the time that they are at the focal point. however, they will probably say it's the overall orders throughout the year that are the important things. the last few yea rs, important things. the last few years, we've important things. the last few yea rs, we've seen important things. the last few years, we've seen paris air show and other airshows typically over 1000 orders or letters of intent, memorandum of understanding. we are expecting to see that probably drop by half this year. with the boeing

scenario, 737 max still grounded, that's having a huge impact, not only on boeing but some of the airlines that are really frustrated by the situation. to what extent will that dominate this year's paris air show? obviously the tragic accidents over the last nine months, lion air and if the european hour, it's inevitable that conversations will revolve around that —— ethiopian. they will be talking to stakeholders, leasing airlines with their plans for getting the max back in the air. that needs to be done correct lead —— correctly to meet the safety authority regulators' requirements. and airbus, the superjumbo — it is not the huge revenue source superjumbo — it is not the huge revenue source that it had hoped for all those years ago when it first

launched the a380. it's turned out to be, not a red herring, we wouldn't go that far, but a costly investment. yeah. ithink wouldn't go that far, but a costly investment. yeah. i think the anticipation of you are airport slots because as there is growth, you get limited capacity airports. i think the theory was the larger the aircraft, then, that would lead to huge orders because of that limited capacity airports. however, in reality, the increase in flights appears to be more these points are points —— points to point, not flying 500 people, but 200 people. i think it's a shame, it's a great aeroplane to fly in, but in terms of financing it and operating it, it's a big cost for the airlines. thank you feel for coming in so early this morning. phil seymour there. you feel for coming in so early this morning. phil seymourthere. i have retweeted a story my colleague theo leggett has put on about ethiopian airlines and what they are saying

about 737 max‘s fatal disaster. that's on twitter and phil will be there at the paris air show. let's talk about carlos ghosn's legal battle because his wife told the bbc that the former nissan chairman's arrest was "a conspiracy". the japanese carmaker disputes the claim, arguing that there was substantial evidence against him. carole ghosn told michelle fleury in new york, she is appealing to president trump to apply pressure when he goes to japan for the upcoming g20 summit. the world leaders are going to be meeting at the g20 at the end of the month. i'd like president trump to speak to prime minister shinzo abe about fair conditions, fair trial conditions and to let me speak to my husband. and also to respect the presumption of innocence until proven guilty. when was the last time you saw your husband? i saw my husband when he got arrested on

aprilfour, when the prosecutors stormed into the apartment at 5:15 am. they took us by surprise and they took carlos he was under arrest. and, he got dressed and they took him away. during that period, did you have any contact with your husband? no, i haven't spoken to him since then. he got out on bail, however, they told him one of the bail conditions, the restrictions, is he is not allowed to speak to me or talk to me. which i find inhumane. what do you think of the criminal charges against your husband? i think i'll of this could have been dealt with internally within the company. —— all of this. evenif within the company. —— all of this. even if there is alleged wrongdoing? this could all have been dealt with internally, it didn't need to go this far. on top of that, my husband is in this far. on top of that, my husband isina this far. on top of that, my husband is in a sentence time will tell the

truth. nissan says that carlos ghosn wrote this on himself. but he didn't. why did they, if they had a problem with him, westin him? from the outside, though, you can see why do some observers this could look like a case of corporate abuse by a powerful titan of business. or it could have been a conspiracy, also, to get rid of him because they didn't want the merger. and obviously every day now we're seeing ita obviously every day now we're seeing it a little bit more clear about merger how nissan and renault are not getting along, how they tried to merge with the riser and it didn't work out —— fiat chrysler. merge with the riser and it didn't work out -- fiat chrysler. what does the future look like for you right now? it's hard to know what to happen, iam now? it's hard to know what to happen, i am worried, this is shocking. it's tragic what has happened and i'm hoping it's going to end one day. because it's hard to

live this way. that is carole ghosn speaking to michelle fleury in india, the country —— to michelle fleury. now to india — because the country has announced retaliatory tariffs on 28 goods from the united states. it comes after washington removed india's preferential trade status which allowed indian companies to sell some goods to the us without paying duties. i'm nowjoined by sameer hashmi from mumbai. it's nice to see you, sameer hashmi. the tit—for—tat trade dispute today is between india and the us. that's right. it's tit—for—tat after the whole china us trade war. now china's neighbour, india, doing this matter with united states. it's not at the same scale in terms of size. in india's case, india has been deferring this decision for years. they been talking about it since

2018 -- a they been talking about it since 2018 —— a year. that they would be introducing these retaliatory tariffs. they were hoping they could strike a deal, some sort of deal with united states. i think what triggered this decision is a few weeks ago, a couple of weeks ago the united states withdrew the preferential trade studies which india enjoyed, under which indian companies and exporters didn't have to pay any tariffs in the united states on more than 1000 products. soi states on more than 1000 products. so i think that's really when the us decided to withdraw that that india decided to withdraw that that india decided to withdraw that that india decided to go ahead and impose these tariffs. thank you sameer without update data with that update. now let's brief you on some other business stories. power has been restored to much of argentina and uruguay, after a massive electrical failure left tens of millions of people in the dark. the blackout was caused by a failure in an electrical grid that serves both countries. argentine president mauricio macri said a full investigation will be carried out to avoid a repeat. and after years of planning,

the london—shanghai stock connect project goes live today. under the scheme, shanghai—listed companies can now raise funds via london's stock market while british firms will be able to sell shares in shanghai. uk chancellor phillip hammond described the project as a "groundbreaking initiative." up next, newsbriefing. we'll take you through ther stories making headlines in the global news media today. the boss of ethiopian airlines has hit back at claims his pilots should bear some of the blame for a crash which killed 157 people. senators in america have tried to push the blame on the pilots involved. simon browning reports from ethiopia.

parked and hidden away, aircraft not seen since they were confined to this spot, the end of the runway in addis ababa. the fifth jet - fleet‘s sister aircraft — was lost in a devastating crash just six minutes after taking off, back in march. around the world, the boeing 737 max is now grounded. this is a town about 126 kilometres south of addis ababa's airport. just over my shoulder is where the ethiopian airlines flight 302 came down, with the loss of 157 lives. no police or security are here. but with debris still strewn across the area, the investigation into who is responsible for what happened is becoming an international dispute. 0ne leading american politician is one of many voices in the us blaming the pilots. the pilots trained in the us would have successfully been able to handle this situation.

but the boss of ethiopian airlines disagrees. the senator seems to be seriously misinformed, or he doesn't have the facts on his hand when he said that. why have they grounded 380 aircraft around the world? simple, right? the facts speaks for itself. boeing is working on changes to the flight control system that the pilots wrestled with before crashing. but for now, these jets are sealed, covered, and going nowhere soon. as the battle over who to blame continues. simon browning, bbc news, in addis ababa. and of course hear it six am. you can hear more during breakfast. this is the briefing from bbc news. the latest headlines: pro—democracy activist

joshua wong has been released from prison in hong kong. he is calling for the resignation of chief executive carrie lam. five candidates hoping to take over from theresa may as uk prime minister have taken part in their first televised debate. france is to declare a natural disaster, severe weather causing major problems in the south—east of the country. now it's time to look at the stories that are making the headlines in the media across the world. the south china morning post dedicated to the entire front page to the nearly 2 million people crowded the streets on monday to demand the resignation of the leader, or the chief executive of hong kong, carrie lam. it is a day after she pulled back from a bitterly unpopular law that would allow the extradition of those on trial to china. the times leads with the race among hopefuls to become

the race among hopefuls to become the new leader of the conservative party and the prime minister. candidates clashed over how best to deliver brexit, while the front runner, boris johnson, deliver brexit, while the front runner, borisjohnson, was absent from the debate but still had an empty podium, just in case he decided to show up. meanwhile the independent says the political impasse over brexit threatens to "suffocate" business investment across the uk. the british chambers of commerce has warned firms were putting resources into contingency plans, such as stockpiling, rather than investing in measures aimed at economic growth, calling it "simply not sustainable. the guardian business pages report a $10 trillion investor alliance has accused more than 700 companies, including amazon, tesco and exxon mobil, of failing to reveal the full extent of their impact on the climate crisis, water shortages and deforestation.