tv Business Deutsche Welle September 27, 2019 12:30pm-12:45pm CEST
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the morning blame. repealed the symphony's of the harness pumps. how did the romantic master come up with such a piece of. the brahms code. the 11th on d.f.w. enough. feeling the pinch of the demise of just one big. can throw a whole region into chaos we'll show you. are responding to the sudden bankruptcy of all of the pockets of. the beautiful game even better. real time for the statistics. that work as promising as it fits a german football stadium out with 5 g.
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technology. business. the sudden bankruptcy of british travel for thomas koch has shaken the travel industry smaller hotels and told us the nation's now facing a sudden of travelers at many cases unpaid bills leading some to reconsider the entire business model turkey is one of the country's heavily affected. thomas cook sunny logo will soon disappear from the sun connect resort. it's been a thomas cook branded hotel for 6 years but it's closing its doors this season a month earlier than usual and getting ready for major changes unfortunately. it's got. less customers. back to safety on their haws. takeout. and. our heart is broken the hotel is now looking for new business partners and many of its
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repeat guests from the united kingdom are concerned. i think that worries that the price is right up. to that it makes outreach of people that we can only come here the manager of the hotel is also worried thomas cook still owes the hotel 350000 pounds a debt that may never be repaid. get it and acknowledge that every day if you change the name what can be done to compensate for these payments previous experience has shown us that we can never recoup losses from bankrupt companies and many erotic. here at the donovan airport they're working overtime to help stranded vacationers return home they expected to take almost 2 weeks but the airport managers believe that's when the real problems will start. thomas cook brought $400000.00 tourists a year. but after the sudden bankruptcy of $70000.00 less
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tourists are coming this season it's not just bad for the airport it's also bad for tourism partners in the region the airport is considering shifting away from the charter airlines the package tour companies rely on and focusing instead on increasing the number of individual tourists to the region and to many hotels are likely to follow suit as the fallout from the thomas cook bankruptcy continues according to the world's travel and tourism council tourism is turkey's 2nd most important sector of the construction it accounts for 12 percent of turkey's g.d.p. our correspondent joins us now from istanbul to what actual damage was already caused by the thomas cook insolvency the way you will. well here is temple where i am right now is probably a different story by the south and coastal resorts around mom or us and fadia that
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are particularly popular with british tourists are likely to be among the worst hit . tourists continue to leave turkey thousands have already left since monday the day thomas cook collapsed according to official figures more than 20000 british gas of thomas cook were on holiday here in turkey when the announcement came so the damage has been done tourism associations hotel owners fear of painful consequences especially smaller hotels who have worked for thomas cook and who haven't been paid yet imagine you are a smaller business a smaller hotel mid-range size hotel and you're not receiving 100200000 pounds or euro's or more this season than this could cost you your very existence. has anyone expected so much can depend on a single company. well the collapse of thomas cook
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definitely came as a very bad surprise to the tourism industry here thomas cook had extensive bookings already for next year so hotel owners fear a huge gap for 2020 we're talking about 600-002-7000 extension 00 tourists less annually that's according to turkey's federation of hotel yes and this is affecting a whole business chain employees supply is soft subcontractors and so on and the government was surprisingly quick to step in and announce a loan support package worth 50000000000 euros to local companies a fact and by the collapse of course it remains to be seen how this is going to be implemented and how effective it will be but that shows you how seriously everybody is taking that thomas could collapse. the turkish economy is not the tourism industry is a very big part of it has so the recovery of the economy is. well
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the turkish tourism industry in this is my personal observation has always been very defiant so now you would hear sentences like we've managed other crisis so we'll manage this one as well but yes there is a real fear that tourists numbers could drop dramatically and you just mentioned the tourism industry just recovered from a serious crisis in 2016 the failed military coup here in turkey a number of terrorist attacks that had scared off many tourists particularly from europe and this year the figures actually looked a much better and so the pessimists here say this thomas thomas cook crisis could have fact the industry for the next 5 years and this is of course no good news to a not already troubled economy that hasn't recovered from last year's currency crisis. thank you.
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now to some of the other business stories making headlines today delta airlines is to buy a 20 percent share in the chilean carrier for nearly $2000000000.00 it aims to boost the number of flights to south america it comes after a deal between last time and american airlines fell through. the world trade organization has approved the u.s. tariffs on european union goods worth some $8000000000.00 in response to illegal e.u. subsidies for plane maker airbus washington is targeting european aircraft but also wine cheese and luxury goods. that spring and only bought at the french to stock exchange only what effect did that decision by the on the markets today. well the airbus share price dipped it's going down by about a half a percent that's not major but the other parts of the market are mostly looking up
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so it is a clear statement on the other hand that minus is not that great because yes it's not great news but it's not unexpected and don't forget that there's another chapter to be written in this whole saga of this bitter battle between boeing and airbus the united states and the e.u. namely the e.u. still has a complaint with the w t o that has to be decided that's going to take some months still but it's claiming that because of boeing's illegal subsidies by the u.s. government or american authorities it's wanting to impose $10000000000.00 worth of tariffs on american goods so the last chapter hasn't been written everything stays that it is as it is though there's going to be even more pressure for airbus to reduce costs and sell sell sell its plants reduce costs is a key point another company news germany segre the 2nd biggest lender comments bank
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has announced some plans to restructure their business what are they up to. that they sound pretty radical 4300 jobs are to be eliminated 2300 net if you take out a unit that's to be sold to the embankment poland a very lucrative one now you can ask oneself why a company which isn't having the profit margins it wants is selling a profitable unit one that is growing well it doesn't see it growing all that much more in the future but sees the money from the sale being invested in the traditional business of bringing a better yield it's also warning customers that they might have to pay more and it wants to get rid of customers who are generating any business all in all quite a radical plan and martin silk of the c.e.o. appointing among other things to ultra low interest rates as a problem for the bank. thanks and thank you. well how
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many passes of one star player were successful or how much distance the football team cover in the 1st half that kind of expert information was so far only sensible for t.v. viewers at home fans of germany. will be 1st to test the new stadium experience the bundesliga. for the football fan the smartphone has become a crucial part of the modern game who knows maybe you'll get a selfie with your idol connections like these are part and parcel of the match they experience a new technology could make up on the even closer and not from the german football league and telecoms for vita vodafone hopes to tap into a growing demand for statistics the idea is to allow fans to track individual player performance during the game. to find who want information as harsh as their entertainment. going to be a technology oriented target who are already using smartphones young people are interested in technology. this technical innovation is based on the new cellular
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standard 5 g. windows league aside both sports stadium will be the 1st in germany to provide the service during the test run striker done yoga insect put the new technology through its paces. it's a bit in the spirit as a fan you can monitor the app during the game we're no one in why is that are we not running enough how many tackles did individual players when and so forth this if there's so much analysis going on of. the new app is supposed to enhance not replace the live experience in the stadium statistics about the player's performance are at your fingertips how fast was the sprint into the opponent's penalty area or what speed was the ball traveling for the goal to play becomes transparent in the future everything in the stadium will judge performance according to statistics but the fans really need all that. i think it's more of
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a technical foul i can't imagine all the fans following the game. basically this is added value for a few 3 and maybe also for journalists when evaluating games. the bonus legal will be the 1st football league in the worlds to introduce the new op the investment has been considerable although the total cost has been kept quiet fully equipping a stadium will cost many millions of euros. and that's it from me of the business of len for more business news i'm back on stories check out our website d w dot com slash business for go here's a quick look up lobel markets atthis up the most for watching the business.
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some of the famous naturalist and explorer. to soon the great clicks on the front lines 253 marking on the for the discovery. next preditions boyd. the enemy. hello and welcome to arts and culture well it's the world's best known pedestrian crossing the zebra stripes that abbey road in london immortalized on the cover of the famous beatles album and it's 50 years since the album's release and so we'll look at what's happening to commemorate that date and here's what else is in store . american are his tom sachs has a major retrospective on in germany where the spotlight on his sculptures and his
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d.i.y. methods. october fest is in full swing and we stopped by that these in in munich to check out one of the oldest attractions there the show variety theater marquee. well it was exactly 50 years ago on thursday that the iconic beatles album abbey road was released and people were celebrating today in london to commemorate an album that many people feel was the beatles greatest. back in 1969 it shot to number one in the u.k. where it proceeded to spend a total of 17 weeks hit songs that still resonate today. and my colleague melissa holroyd has joined me in the studio thanks for coming in melissa to tell us a.
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