sideline the tech supplier. this is day to day business i'm joined now the milan in berlin good to have you with us more problems for u.s. plane maker boeing the company has admitted that some of that 737 planes may have faulty parts on their wings now this comes as global airlines met in seoul to discuss the industry's future direction not long ago the south korean capital was at the center of a region seeing strong growth in air travel but now that's all in doubt. at the annual gathering of airline heavyweights the picture is grim surging oil prices a faltering global economy and fears of a passion just safety it's been a charred bulent 12 months. that's injured the men's robbers the trade wars and for tips in its measures are taking the toll on the cargo business and rising costs for fuel labor and infrastructure are squeezing margins the industry has cut its profit

forecast by a 5th expecting to take home 20000000000 dollars this year that chapter icelandic airline while air went bankrupt in march the latest in a flurry of failed flights operators and not referred to in the profit warning of the 2 fetal boeing 737 much crashes and the continued groaning of the fleet has plunged aviation into a crisis well news that hundreds of 70 seven's may have faulty wing parts only added to the uncertainty. back in south korea after his boss said trust had been damaged but try to summon some positivity look into the future the outlook is optimistic demand is forecast to double over the next 2 decades with the cost of travel 40 percent lower than a decade ago the freedom to fly is reaching more people than ever. such growing

demand has forced the industry to reckon with its environmental impact members backed calls for an international carbon offsetting under a doctrine scheme. for more let's bring in d.w. who was at that conference in seoul i thought it's good to see you know this is 801st to gather in since those 2 deadly boeing 737 max crashes how is that discussed there. to be honest i think i wish it was it would have been more openly discussed than it was the message of the yacht a conference was more like it's in the hands of the regulators on. when the boeing model can be in operation again that's the time frame yet but not the meeting was scheduled that will be called held by the end of 2 and there they manufacture us regulators the outer areas will meet to discuss that some people tell me here that this might be actually by the end of june that the boeing 737 mexican fly again up

us tell me they are surprised that this will happen even before christmas so that's really conflicting but there was also a lot of self criticism that the public trust has been shattered and why because in grounding the boeing there was really not a coordinated approach it was very confusing to us was lost china was for us and that really. was a wrong signal to the customer. so still some confusion regarding the future of boeing there but there's also a trade tensions cast a shadow on the airline industry now airlines our airlines are dealing with that situation. bit skewed the biggest issue the trade war has basically slashed the profit outlook for this year. $7500000000.00 to now $28000000000.00 that's one 5th or less than what they suggested for the growth outlook in just december of this year and the message is set by the director of the

iata yes no easy money to be made and in general the operating costs are rising labor costs infrastructure costs etc and you know the whole operating costs are rising by 7.5 percent this year while still going up 6.4 percent so much and are going down. thank you 5 and credit for there in seoul for us. india has called a u.s. decision to end preferential trade with the country unfortunate stressing that while new delhi has made efforts to accommodate washington it would always act in its national interest on trade this comes after u.s. president donald trump decided to cancel india's classification as a beneficiary developing country trump said india had not assured the u.s. that it would provide equitable and reasonable access to its markets. so it's not just india that's in the throes of trade woes ties between the u.s.

and china remain strained china now releasing a white paper outlining its position daniel cole is at the frankfurt stock exchange to discuss this with us hi daniel good to see you now that white paper must have been closely scrutinized where you are what stood out to. yeah visionaire well i can tell you that the white paper is actually very interesting and investors here at the trading floor were also taking a closer look at this well it seems that china in general is still willing to negotiate but on the other hand they also clearly are saying that they are not afraid of a potential trade war let me tell you kind of the atmosphere that's what also traders are telling us here that there is some concern there was some hope in fact some weeks ago that there could be a solution in this ongoing trade conflict but with this new and very strong rhetoric from the u.s. president investors don't believe that this that there will be a solution happening very soon now those trade worries had asian markets starting the week in negative territory holding up you know we're seeing

a similar situation happening here in europe as well the blue chip index decks in the rat today also when you take a look at the other markets like the footsie 100 in london or the cac 40 in paris a similar situation there is well very interesting this swiss franc on the true year high today it seems that investors are looking at the moment for safe havens. there in frankfurt for us thank you very much. for months now a chinese tech supplier while way has found itself on the receiving end of a washington led campaign to have it start out of creating 5 g. networks around the world and flushed away users worried about what that means for the now at the time and mobile likes though while i was at pains to reassure them. here in bangkok why distributors j. mart are hoping an army of smiling faces canal shine the bad press for ways phones run google's android operating system. and the search giant was recently forced to

block the handsets from using its software thanks to u.s. sanctions. something that's weighing on the minds of potential huawei customers. by name and say why they made would of the possible way. but i more add that the old phone will not be able to update. because of what has happened with huawei that it was called. and those concerns are likely one reason why customers interest is dropping that was that i did not sales have dropped by more than half the world and there were far fewer customers compared to last year it was. but it's actually antennas like these that are at the heart of u.s. concerns about huawei. the chinese telecoms giant is the leading producer of technology used in fine g. networks and washington fears the company's technology could be used to funnel

information to the chinese government something while he denies and it's gotten some support from the u.s. base institute of electrical and electronics engineers that's the influential research group that recently lifted its ban on huawei employees participating in their publications. but back in bangkok news like that is unlikely to do much to assuage customer worries. it's white gold season in germany but if you think that has anything to do with precious metals and they're all white asparagus reign supreme on dinner plates across the country from april to late through a one small town consider itself the country's white asparagus capital our reporter kate ferguson was there in search of the roots of the much loved the vegetable. this is. a time of 12000 people known for one thing and one thing only.

the people here love the vegetables so much they've dedication oh whole festival to us as a foster are you just parroting us nearly every day as mayor or put on a few kilos but that's just how it is when you're the mayor of an agricultural town and it's best quote tenderly with hollandaise sauce and served with the pork or veal steak and potatoes there are endless variations of asparagus whether a starter dessert or in a salad it's just a simply wonderful vegetable. and fucking yard of good music each year the town kranz a local woman asparagus queen they all said you know it's monday and full most you're a representative you represent asparagus there's a bit of marketing involved feel the face of it there are a lot of photos but you're also a source of information a lot of people don't really know much about asparagus it's about being able to share your knowledge with them. so how did

a small town's economic and cultural life come to be defined by asparagus. it all began with this. man back in 861 he planted the 1st asparagus either in. the loose sandy earth of the region proved ideal for the crop in the following decades bill it became known as the sparkle to start the asparagus town. but the good times weren't to last german world war 2 production plummeted then after a brief renee song's growth was once again curbed this time because of collectivize ation in communist ruled east germany. after the country's reunification the asparagus tradition was revived and production what's again skyrocketed. since 2018 the european union has even recognized billets asparagus as a protected brand which he thought he'd sold with juju the tradition and the

quality of this is there a guest we want to protect the brand it was a long journey for the asparagus farmers in the end the e.u. gave us a seal of approval and last year we got the certification we're proud to have a protected label. proof if everyone was needed to that and be as barack as says something that's worth making a song in down the vios. and that's it for me and the business him and berlin for more business news and features you can always there's a few w. dot com slash business or follow us on facebook and on twitter believe you know this quick check on global markets i'm sure nelda milan in berlin thanks for watching.

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and transport can help all the line find out what you can do today at retail the lines out all. class. oh. this is it really is live from berlin u.s. president donald trump begins a state visit to america's closest european ally. president trump is welcomed by britain's queen elizabeth a buckingham palace for not everyone in the u.k. is happy about the visit goldfine.