Skip to main content

tv   Business - News  Deutsche Welle  December 13, 2022 3:45pm-4:01pm CET

3:45 pm
all the coming up from the scrap heath to the skies of air travel demanded surges post pandemic. the a 3 ac passenger. jess is staging a nature to combine. this is deed of the business. i'm kate ferguson. thanks for joining me. here in europe. allegations of bribery and corruption within the highest actual on of low making have sent shock waves across the continent. the rest of eva kailey as senior vice president of the european parliament on suspicion of accepting money and exchange for giving cat tar good publicity has raised questions about just how much influence the gulf states may wields on the continent . it has also shown a life on the country's business tides with europe. so let's take a look then asked that relationship last year to tars exports to the e. u amended to almost 7000000000 euros. the vast majority of that, on surprisingly with gaff going the other way, the e, you sold goods worth around 8500000000 euros to katara. the main exports there were
3:46 pm
machines, turbines aren't electronic equipments. guitar has also been investing heavily in a range of european businesses. the country holds a quarter of british carrier. i a g at have a 17 percent stake in germany's volkswagen, and it's also a major shareholder in swith mining dined, glen core, and spanish energy conglomerate. ebert, rolla, both investments suggesting the country, a setting it fights on a future with less of a lion on gas. for more on this, we can speak now to andre evolve. he's a researcher at the center for european policy, a think tank. hi andre. lovely to see, you know, you have conducted extensive research on guitar as business ties with europe based on what you have find. how big an influence do you think guitar wields on the continent? what you can certainly say instead katasha economic and gauge,
3:47 pm
even europe is very comprehensive and wide spread among countries and sectors. they're not just investing in finance or certain high tech sectors. and they also invest in soft sectors like fashion and spools. and in many cases, they can their investments reach a critical level that allows them to exert a strategic influence on certain key players and sectors. and at the same time, of course, there's also their role as the 2nd largest supply of alan gee, which will remain the bridge technology for europe in it's a quest for achieving its energy transformation. so in relation to their sites, they influence is quite remarkable. even though it does not reach the level of criticality we see, for instance, in case of china, exactly, just of these, like a tar is a really small country. it's very which of course. but why think it, if so, interest in booth thing. if it's image in europe, what exactly doesn't want? i see 2 main interests of cotton europe. first,
3:48 pm
i think they see investment in europe's economy as a means to hatch against the price risks they are facing in the energy business. so they use europe as an opportunity to diversified, a foreign resources and foreign revenues, which is essential for the contrary government to maintain the generous supports to the local population. while at the same time, they are obviously also the desire to increase their reputation and recognition international arena. suit, engagement, and popular activities like sports for instance, possibly with a long term though, to conclude something like a comprehensive free trade agreement with you. ok, so based on all that, i'd love to end with a personal question. when you hired news of this corruption scandal, what was your got response? were you surprised as the rest of us? why, honestly, i was very surprised because i wouldn't expect them to choose waste that are less risky and less obvious the illegal in increasing the political influence in europe,
3:49 pm
especially given the allegation they already faced in the past surrounding warding of the world. i can only imagine from the sort of unrest imperative, the road from shore mechanisms at a critical public in the european political system. but of course, we need to wait while the through the investigations will tell hoffen icing of stuff and i bought from the center for european policy. thank you so much. you're welcome. now to some of the other global business stories making news. the founder of collapsed crypt, a currency platform, f t x has been arrested in the bahamas after us, prosecutors filed a criminal charges against him, found bank min, free to faces, multiple kinds of fraud conspiracy and money laundering. as he acts as accused of misusing customer friends on faulty accounting. last month it froze, customer accounts and filed for bankruptcy. i don't know of that yet. china has
3:50 pm
filed a w t l complaint against us export controls on advanced computer chips. phasing, accusers, washington of obstructing normal trade and threatening the stability of the global industrial supply chain. washington says the controls are a national security issue aimed at limousine chinese military access to chip through giant nestle is opening a new production site in war torn ukraine. the companies that they will invest $40000000.00 euros in a noodle production factory, which will serve as an eastern european regional hub for food and other culinary products. now during the pont and like the a 3 ac passenger jet, was all but relegated to the scrap heap of travel to man to collapse. the plane is after all, a major fuel guzzler and airlines weren't keen to fly at low capacity. but now it's fortunes are undergoing a dramatic reversal. lufthansa is among
3:51 pm
a number of carriers that have decided to reinstate us after a big rise in demand for travel are reported down here by that documented one, a 380 is returned to the skies. the 1st flight in more than 2 years. the airbus a 380 with call sign mike hilo has from the city of terror. well, and eastern spain toward its new home in frankfort like other airlines. lufthansa originally pulled the a 380 from its fleet just before the pandemic. some of those aircraft, and that are parked into, well, essentially mothballs, at the time there didn't seem to be much of a future for the world's largest airplane. the a 380 consumes vast amounts of kerosene, making it uneconomical when not fully booked. now capacity is exactly what airlines want. with the a 380 holding anywhere from 502850 passengers. it's back off the bench. going for the actually the reason we're reactivating the a 380 is for one
3:52 pm
thing. the demand for tickets has suddenly and surprisingly taken off. the other reason is that manufacturers can't just deliver new airplanes on short notice. it's not as simple as boarding and taking off 1st the plains have to be unwrapped and prepared for flight operations. but the exterior as was the interior. jose molina from engineering specialist tarmac aero save says that 2 years of deep sleep is a challenge for the delicate flight systems. they are removing all the sears with all the colors of the angels, removing the colors on the flag of if i of the landing gears, removing all the seals on the doors. so this takes around 2500 hours for 4 weeks of war and are all 40 people working toward the 4. these are grab, it falls to these 2 men. rashid lens on mateusz buddha to bring the my kilo home. it's the 1st of an expected for, of the giant aircraft to be brought back into service. an emotional moment for the pair,
3:53 pm
both helped retire the legendary aircraft and header well years ago. like you don't feel like a lot of industry the hey mike. hello, it's me again and the 2 men say that passengers love this model that the 838 is receiving. another chance at life is also something special for pilots and cabin cruiser like they say they are, he had a culture bringing it here was an absolutely sad story. i actually had a lump in my throat as we pulled the final airplane into its body. it was almost depressing, really a kind of graveyard feel to the whole place today. there's so much more going on here with lanes are being worked on. we're definitely not the only airline bringing the e 380 back. so there's really a great feeling here but before the a 380 can begin at summer schedule, cockpit crews will have to receive new training. 2 and a half years after the plane saw its wings clipped, only 12 tons of pilots are still certified to fly. it that's bringing aviation
3:54 pm
expert under a as a sphere. now andreas and i'm like lufthansa and as yet have done a full one ac. when it comes to reinstating this debt. we know there's been a demand search, but is there anything else going on? yeah, it's quite surprising this big turnaround in the decisions by these 2 big outlines and there's one important underlying peck to also for the new important for the a 380 especially to rot honda because they as many islands are suffering from severe delivery. delays of audits new boeing as they had been hoping for already. now, the new biggest, boeing just the triple 7 dash 9 will not be delivered before 2025, as boeing says, creating a big gap and capacity. and that means a lot harder. they really have to depend on these a 380 that's been a desert for 4 years now. ok. but having said all that the 8th racy is
3:55 pm
a huge day and it's a big fuel consumer as well. how high would you say environmental concerns are among airline chief men at the top of the top on the agenda for everybody? it's really up there. so the covey problem, the pandemic seems to be far behind. everybody is talking about the thing we're flying and they ought to be doing that. but you also have to keep in mind the a 380 if it's fully loaded. meaning in theory up to almost $500.00 passengers. it's still a very different half and also a very environmentally friendly act up, given that it can take so many people into the once. so in that case, if it's actually the capacity that needed, this actually can fill all the seats on board in today's standards. although it's basically $990.00 s f up front concept. it's still a very environmentally friendly plane, but of course, if it's only how full it doesn't make much sense. right, and looking beyond the a 3
3:56 pm
a see how well do you think the asian industry is equipped to deal with this massive rise and demand? yeah, there was the big question was what it had always said, we only will bring back just except for cases of really and unforeseeable searches in demand. and this is apparently what they reckon is happening know, and in a way it was something that could be foreseen activity going to close this loop ends up demand of the pandemic for travel, but the numbers of travelers really store back. so amazingly, so quickly was probably a bit beyond allen's imagination before. but now that how to consider themselves lucky to still have this kind of a of a story lead on the sidelines, which they can activate within a few months time. not that big really for the i'd be able actually to fill this demand peak at a very short notice. all right, and they are based. thank you so much. thank you. and
3:57 pm
a reminder of the top business story where falling for you this hour, europe's business ties with guitar are in the spotlights offer. belgium, lease car died, a series of raids linked to allegations of corruptions within the highest levels of european lo makers. and that sold for me and the business team here in berlin for more you can always go to detail the dot com slash business. you'll also find that on the dw youtube tunnel until next time from me on the team. it's good by and take care. ah ah, with
3:58 pm
a pulse a beginning of the story that moves us and takes us along for the ride. it's only about to perspective culture information. this is neither you news and warner w. me from mines. oh mm. the world cup into tough.
3:59 pm
exactly and in sports in teams version and we are here for you with the report and background information about the football figures. everything you need about the 2022 will cover on d. w. and give me tina a saxophone operator who wrote her master's thesis on put potato raring to read a turn on. well, it gets more ridiculous from there. you don't need to list a german screen. a nice with avalanche are my welcome to my podcast, to love matters that i and by celebrities influences and experts to talk about all playing loved banks from day to day. nothing less because all these
4:00 pm
things and more and then you know, season off the plot, come make sure to tune and wherever you get your past and join the conversation because you know, it love matters. ah ah ah, ah ah, this is a w news live from berlin bureau period, parliament votes resoundingly to strip one of his vice president of powers. the greek emmy pe eva kylie was arrested in connection with bribery and corruption scandal digital world cup host top full. so on the program a 1000000000 euros for ukraine international.

37 Views

info Stream Only

Uploaded by TV Archive on