moved to the next level. and china prepares for an unusual role as host of the twenty twenty two winter olympics. this is business. and welcome it's a common sight of all over asia. a three eighty but make sure you catch a glimpse of the biggest airliner in the world before it's too late because it will stop making it in twenty twenty one that could lead to massive need to massive job cuts at the european plane makers factories in britain germany and france pulled the plug after major orders by australia's qantas dubai's emirates were cancelled and the super jumbo took flight in two thousand and five it promised to revolutionize and travel but failed to deliver on expectations. the final chapter is closing on the world's largest passenger jet the a three eighty took off for the first time in two thousand and eight it can hold up to eight hundred fifty

passengers if needed. the company had hoped that the plane would squeeze out boeing seven forty seven and revolutionize air travel passengers have always been big fans of the a three eighty and if given the plane high marks for comfort space and for the quiet ride but airlines have been cautious about committing to the costly double decker planes and in the end they just weren't willing to pay the massive price tag to own the flying be a month at the annual press conference in toulouse france airbus c.e.o. tom enders acknowledged the plane is outmoded. i think what we're seeing here is the end of a large four engine aircraft and that is what it is i mean there's been speculation . for years that we were ten years to really good free eighty three becomes clear when we were probably at least ten years too late the a three eighty had troubles from the start including tensions between airbus is french and german management

and protracted production delays and cost overruns those prompted a company restructuring that cost thousands of jobs after conscious cancel eight orders and emirates cancelled thirty nine the company says it will simply put an end to production of the a three eighty by twenty twenty one. well it's been clear for a while that the a three eighty was struggling it's very first customer was singapore airlines which leads two of them for one point seven million dollars each month both planes are now out of service singapore didn't renew the contract leasing firm struggle to find a new client super jumbos are now still parked in france where their engines been removed and singapore is where we now go to talk to do the financial correspondent linda holmes who's hopefully with us yes linda this is the economies of scale typically the way profit margins improve and in

a three eighty was was built for that purpose really but it doesn't seem to have a lot. yes that straggler had you know of the. ring or jumbo jet were they to require more fuel in absolute terms than the smaller rival models and this would actually mean that every plane has to be full and all those for it to be able to meet its profit margins or even come up with a profit because every single ticket would actually create fears for the chief financial our operators because it means that that would actually mean that they have to pay for the fuel without an empty seat and this is one of the reason why the eighty eighty is not as attractive as the smaller boeing seven eight seven or even the. eight hundred fifty and of these twin engine jet and then boy enough to fly directly to where people want to smaller airports and eighty three eighty are so much bigger you need much bigger airports for that so that is actually a problem in itself. and this is also one of the reasons why the spike the fact

that we have seen passenger and. record highs in recent years we haven't seen the a three eighty catering to popular demand. their lines then said i mean they got rid of first too hard that fat in general with the israeli. well you know they actually quite missed being to come up with wall products and they have committed to invest about one hundred and fifty million u.s. dollars that's committed in their two latest and you'll be far to install the new products for cabins in a three eighty n s i e v one of the premium allies there would always want to have classy things to cater to those passengers with more money and more pockets to pay for such luxuries but on the other has sie has actually been having a little bit of problems trying to find people trying to buy because it's we still

value hasn't been dead because eighty eighty such an issue market so it's quite difficult for as i need to find bias when you want to sell at epping. in the hong in singapore thank you. china as exports have returned to growth in january after a shock decline the month before overall exports grew by an impressive nine point one percent even though analysts in december projected it would shrink that's a very good news for beijing but it's a different picture when it comes to trade with the u.s. the trade war has had a public fact on chinese exports in january january they fell by two point four percent but it's still no win for u.s. president although trump u.s. exports to china an astronomical forty one point two percent evidence can be seen in america's agricultural sector where more farmers are the

never declaring bankruptcy while u.s. china try talks have moved to a higher level today in a push to deescalate a tariff wall ahead of a march first deadline for a deal. when chinese vice premier leo ho greeted u.s. treasury secretary stephen minu chin and u.s. trade representative robert light it was the little gestures that mattered each man took turns to stand in the middle in china such as switching of positions is a clear show of respect something chinese state media were eager to point out both sides seemed relieved by u.s. president donald trump's apparent willingness to push back the march first deadline by sixty days he says he'll do that if the talks get closer to reaching a deal. but beijing knows such flexibility isn't likely to come cheap the u.s. wants china to make sweeping reforms to protect american intellectual property and

to curb industrial subsidies failure to make progress on those issues may define the road ahead then any extension to the deadline would be denied meaning that on march first two hundred billion dollars worth of chinese exports to the u.s. would see terrorists shoot up from ten to twenty five percent to put that in perspective that's hoff of china's exports to the u.s. . quickly go to our markets reporter in frankfurt only but only what's the feeling on the markets will there be a deal and if there's no deal is there priced in already or coming expect a shock. you can expect the shock of the markets will be rattled and they will hurry down south and there will be no catching your breath how long such a spell of shock and a downturn would last nobody here really knows but they know that it would come with a heavy price if that news indeed were hard news and it came i talked to

a trader just earlier before we went on the air down here and he said as much he says though that for the moment a deal is priced in so the market where it's had people are you know halfway optimistic trader says you never know with the u.s. president there quick changes of direction that are always possible but with the kind of high level delegation said are meeting and china and what's at stake for both sides people say they're pretty well has to be a deal. we bought in france thank you. even though china is not one of the big names in sports disciplines conducted on snow and will host the winter olympics in twenty twenty two the country is already being peppered with brand new ski results and one of them is tyler. how young. jambos day begins with a woman up he just began taking snowboard lessons yesterday. yambo is china's

skiing future one of the three hundred million new winter actually the country wants to have by twenty twenty two as part of a national fitness plan. my mother says i can fly with my snowball which. jambos mother is watching from a distance and calculating two lessons cost of the equivalent of one hundred twenty euros this middle class family can afford it and wants to. when my son attends the ski school here he can make social contacts besides snowboarding is cool and it's good for his health too. that's music to phil chen zia's the director of the resort is aiming to attract china's so-called new elite people under fifty with money and leisure time. those willing and able to spend one hundred euros

a day on lift passes and rental ski's. these are sound i tell you not only wants to be china's number one but number one in the world. next to the ski resort is a huge construction site this will be the location of the elim pick village for the twenty twenty two winter games the thirty cranes a building to the tune of billions among other things the tracks for the high speed trains that will shuttle passengers here from beijing in just forty five minutes apartments are going up right next to the slopes china's millions of winter sports aficionados will need places to stay ever more ever bigger consultant justin downes is also profiting from the boom the chinese government wants to build eight hundred new ski resorts by twenty twenty two there's a lot of growing pains. you know there's a lot of money and infrastructure being thrown at this industry right now both from

the government side and the private developer side but the market and the capabilities within the industry in china cannot keep pace with it so there's there's a lot of i guess in organic growth to it. as in time this satellite image shows the ski area after construction began the same spot earlier a village was demolished to make way for taiwan the residents were relocated when it's finished here there will be two hundred slopes and fifty five lifts all the snow artificial the investments amounting to some three billion euros with a label and expected to million people to come to ski here every year. that's it for me stay tuned for that overviews that's up next right after this quick check on global markets. it's.

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the jury takes on t.w. . this is the news live from the u.s. tells europe to get on board with its policies against iran u.s. vice president mike pence calls on european allies to pull outs of the iran nuclear deal and stop trying to break up u.s. sanctions on the program. while to the superjumbo european aviation giant says it will end production of its a three eighty because alan's don't want them.

also coming up from the parking school shootings in florida a nation in the grips by shock and.