i'm holding a revolver did not get his phone from the cameraman's phone and stared and flagged so the kid the crew kept filming as he got on he said motorbike with his accomplices on. that's up to date bug off we'll have more at the top of the hour the w.'s a business update with kate ferguson is next with. what secrets lie behind. discover new adventures in 360 degree. and explore fascinating world heritage sites. world heritage $360.00 to get the maps now. because i want to see if germany was there

maybe the last few years have been quite o'brien. i'm going to tell me how much when it comes to. the ice bridge is perhaps the biggest on the new line i'm going down the road for it i love to be in the news there are pros in their account but when you feel them all together they're realizing just another way of living are you ready to meet that's ever been voted me right. airboats posts a massive loss of the pandemic boxer's the aviation industry we ask its chief financial officer if 2021 will be any better if the company has learned anything from the crisis. meanwhile plane makers are also profiting with another crisis climate change we'll show you how innovations in bio fuel could make aviation more

sustainable. the european union and its lines its new trade policy the focus is on greener deals world trade organization reform deepening ties with africa. this is business i'm kate ferguson thanks for joining me 2020 has been a disastrous year for the aviation industry today airbus announced a 1300000000 dollar loss as pandemic restrictions caused air travel to collapse last year airbus delivered a 3rd fewer planes than in 2019 turning out a total of $566.00 u.s. rival boeing has also been struggling it lost over its year on a year to live for only 157 planes announcing its results earlier today air both said it was not expecting to return to 2019 production rates this year this despite

plans to ramp up i put off its popular 8328 single aisle aircraft shares in airbus fell following the moves. let's bring in dominic chief financial officer air bus mr sam i think it's fair to say that 2020 was the toughest year in airbus's history will 2021 be any better. well what we've guided today is that for 2021 in terms of deliveries he expects to at least to deliver the same number of aircraft as in 2020 we've also guided that our profits would recover to a level of about 2000000000 euros that's a bit adjusted and all the free cash flow that we're not going to burn any cash on the free cash flow before him an a and customer financing anymore so yes i can say the worst is behind us but still times are very challenging they certainly are this pandemic isn't going away any time soon airlines around the world are collapsing who is going to be buying airbus planes at the moment all ends customers have to really weigh the near term.

struggle for preserving cash making sure that operationally they can could continue them at very low levels you know in 2020 we had only one 3rd of the passenger revenue kilometers we had in 2900 but they also have to consider how they are positioned competitively as they move all of the crisis and with the vaccines coming into play we think that traffic will recover gradually over the course of this year and from that perspective given that we have a very strong product portfolio and a very strong backlog we still see that the normal customers are also preparing now for the ramp when the vaccines are spread and then travel activity will recover that vaccine realize is anything but straightforward overall how do you assess the response of governments to the crisis in aviation. i think it's very tough for us now as governments are acting not always in a court in a manner because of course a lot of roots de facto shutdown we see and the activities being depressed

especially in europe it's very different region by region other regions are doing much better so you would appreciate a war synchronized approach of course but you also understand safety goes 1st and that is the hygiene measures to be implemented so that's why we think that the vaccine implementation will be crucial and you see some form of seeing pictures here and also in surveys only had one customers see customers requesting planning going forward to resume travel activity now of course the pandemic isn't the only crisis we're facing right now let's talk about the climate as well what progress has made towards making aviation more sustainable we think that we have a huge opportunity on that front because by replacing old aircraft but new aircraft you can shoot for reductions in emissions to of about 20 to 25 percent so that's very material on top of that you know starting really developing 0 emission aircraft without any c o 2 emissions including hydrogen technology so we want to be the pony on that front

too and i think the combination of removing the mua fleets and then also in the longer term maybe the middle of next decade introducing the 1st hydrogen aircraft you can make a significant contribution to a lower carbon footprint and decouple position of the planet finally what would you say airbus has learned from this crisis. i think it's all about agility and things came as a complete surprise so we had to adapt very very quickly i think as early as april we cut our production rates messily to the right 40 in our largest program which is the single aisle a $320.00 family rate 40 means that 40 x. after it was a month that compares to a 60 plus before so it's all about adapting to a very change very fast changing environment and then of course taking the entire supply chain along there's so many suppliers we need there's about half a 1000000 parts craft and each of these parts needs to be there to safely build an

aircraft and from that perspective focus on supply chain strong collaboration also with the customers and agility optimal make us some tea financial officer of us thank you very much. and as mr mentioned there playmakers are increasingly focusing on making flying more sustainable this has led to developments in so-called climate neutral fuel boeing for example has announced that its planes will fly exclusively on bio kerosene by 2030. down his face reports almost 7000 liters of aviation fuel have been pumped into the wind tanks of this cargo plane and they're not even have full yet the flight from frankfurt to shanghai in china is a long one but this flight is something special because the cargo subsidiary of germany's largest airline moved tons or is operating this freight to c o 2 mutually using bio kerosene. it's

a plant based fuel that the c.e.o. . has been. a plane using. and it's 80 percent less greenhouse gases the only problem is that the climate friendly fuel cost between $3.00 and $6.00 times more than normal jet fuel in spite of that many customers want to improve the carbon footprint left behind by transport like logistics company. c.e.o. . to china every week. we also talked about this project. for the project. the climate is produced at this refinery in finland and from has

for more than 10 years. has been working on replacing. those. facts for the future we are exploring new. 100000 tonnes of. produced here a drop in the ocean compared to the 300000000 metric tons that the world's. believes that a breakthrough in climate. policy makers. what we need. to create the market. to create the required. become more sustainable. in addition to loved ones or many other airline searches japan's year

made them air france and american airlines are already buying sustainable kerosine more and more passengers and freight clients a large advantage private neutral flyers. time now for a look at some of the other business stories making news strains can no longer view news on facebook but the internet giant has blocks journalistic content in response to proposed legislation that would force the tech part form to pay publishers for news google in contrast has struck deals with many astray in media organizations. power blackouts in texas are hissing chip production and samsung in finian and expiate have to shut down their money factoring plans as the state suffers from a record winter storm the closure comes at a time when the supply of chips is already under strain after a long time driven surge in demand for gaming consuls and other tech. has

improved steel business will not be sold to britain's labor she still after the 2 companies failed to agree on a price the german company steel business has suffered from overcapacity cheap imports from china and increasingly stringent e.u. climate models. the european union has set out its new trade policy for the coming years officials say the focus will be on the fighting climate change and reforming the world trade organization the bloc also said it would ensure that companies do not use forced labor on especially sensitive topic after the recent signing of an investment pact with china deepening trade ties with africa is also high on the agenda. cocoa from ghana a classic african easy you trade product many african countries export their raw materials like cocoa on processed the main profit is made further along the supply chain the processing tends to be done in places other than africa itself the e.u.

wants to strengthen trade relations with africa the european commission presented its new trade goals on thursday. these countries are geographically close with strong economic and cultural ties to europe moreover they fell a long term strategic and economic growth prospects we will therefore will build closer trade and investment partnership with them to our mutual benefit china is way ahead of europe when it comes to trade with africa china's invested billions on the african continent in recent years in the likes of massive infrastructure projects the chinese government has reacted more quickly and generously than the e.u. and in their own self interest experts warn talking to a 2nd college of arts and science is. often not. so. should text.

cause this or mid-section process is all. good it is part of the scouts so we have heard this. and i hope we really played a more active also this competition with the most support from the european investment bank could motivate european companies to invest more in africa the e.u. has also announced that it will draw up new rules to oversee supply chains to prevent human rights violations and environmental degradation. a year into the pandemic some health care workers are still desperately trying to get hold of protective and $95.00 mosques now u.s. federal agents and maryland have seized a warehouse full of counterfeit mosques millions of which ever anything sold to

unwitting hospitals around the country it's not the 1st time either in recent weeks more than 11000000 counterfeit and 95 mosques were seized across 5 states the packaging wrongly declared them to be 3 am respirator muffed 3 am has filed legal actions in more than 20 states. i'm not full from a thanks so much for watching for more you can always check out our website e.w. dot com slash business for me on the team it's goodbye and take us. to the point of strong opinion a clear position on the international perspective such. can anybody still china's surge to global dominance is perhaps the biggest foreign policy challenge facing new u.s. president joe biden so how will he respond to the beach media can shoot over

confrontation find out onto the point should point to the point. of steam on t w. in the light of climate change. africa's most of. what's in store for the most good news to come for the future. e.w. dot com looking megacity to the multimedia insight could enter. this is the news africa coming up on the program coming to terms with nigeria's latest school of talk as families awaits their rescue of the allowed ones comments made by nigeria's when i stop to friend's house oct controversy also coming up. on ebola outbreak in the midst of a covert 19 and then make as many consent to meet.