solution the that's all for this episode of business beyond. if you'd like to see more from us, check out our playlist in the description. thanks a lot for watching. for the next time. take care, the artificial intelligence and the relentless digitalization of the working world are leading to radical and revolutionary changes for the global economy. so way of traditional solutions, goodbye. it's time to knuckle down for range of international industry veterans. what can they do to keep pace of development? case then points us aircraft manufacturer has been lurching from one disaster to the next to the new c o for the company out of its tails. then also i made today,

europe spaceport and south america is ramping up the german car industry as in prices and losing ground fast. what's going on plus saying i do to extract against the wedding industry in germany and in the us, the noise of a jet minor, taken off from your bytes deafening, and served as a reminder, this is boeing's future or flight center in utility, just north of seattle washington, it is conveniently located just a few 100 yards from boeing's massive everett factory the future flight center. how's the cynics efficient showcasing the global aerospace companies, travelers in all things? well, it'd be ation different ends and springs. the deep dive into the rich history of

the ation be, he must a glimpse into the past present and it's future. it's all here. it's chinese and glossy version. boeing started out as a lumber company in western washington state and then grew into the um, the giant. it is an aerospace today over the last 100. the voice message manufacturing introduction complex in washington state is like a small town of its own out of around 170000, globally, $30000.00 plus people work here alone on the latest and newest boeing jetliners like the triple 7 x. for example, boeing has a lot of pedigree in different areas of throughout its long existence and america

that impact people where they work and how we travel space defense and national security and a lot of ways that impact us on a, on a daily basis. and our daily lives, so no surprise, boeing's order books are full. there's a back look of orders. the company is trying to few as soon as possible, and with new and or improve products and development. going should be in a good place now. and for the future problem is it is not, not at all in june 2024, dave calhoun, c o. s. boeing at that time, appear to send it to you right after more than 5 years of set of missiles and serious mistakes that even costs. natalie tragedies calhoun got an earful from us. senators is kind of own a for more than 5 years after the max crashes. do you think boeing has done enough for the question?

i asked myself that question every day. have we done enough? i think the truth is mr. calhoun, you're not focused on safety. you're not focused on quality. you're not focused on transparency. all of this is in the record, but i think actually you're focused on exactly what you were hired to do, which is that you're cutting corners. you are eliminating safety procedures. you are sticking it to your employees. you are cutting back jobs because you're trying to squeeze every piece of profit you can out of this country. use this company, your strip mining it, your strip mining, boeing, the center. uh, i don't recognize any of the boeing you described really. and i want to assure you don't recognize the one that has airplanes falling out of the sky. that has had to max is crash, that has had pieces of doors fall out of the sky. and here is where boeing really is right now. experts say to deadly 737 mx crisis left. boeing smacks we've

grounded for nearly 2 years. the 787 line is facing delivery delays due to quantity problems, the downturn and commercial air traffic, and subsequently in a line orders for new planes due to co, with $19.00 cost pedal to the company supply chain set up. and finally, in january 2024, the door sized patio from 737, mx 9, blew out 6 minutes after an alaska airlines flight took off renewed concerns about boeing's ability to produce safe plains. then there also are concerns about safety . a commercial airliner, one of the most important things, both from a regulatory standpoint a to avoid regulatory scrutiny. and also just for reputation with your passengers, who you depend on to do your business. even though they're not your main customer. it's the airlines. but your reputation for safety is very important and that translates into a full plate of massive concerns and big problems for the new c o. boeing robert

kelly or an aerospace industry veteran or burke in charge since august 2024. this task with making things right again at boeing. but that's easier said than done boys output the production of jets is still constrained by regulators. the federal aviation administration or f a, a has put boeing under a microscope, off increased and intensified scrutiny and oversight. as a result, the nation's largest export or is bleeding money within $4000000000.00 in cash every 3 months, adding to the $33000000000.00 and it already carries as debt from poor operating losses accumulated in the last 5 years. plus, in addition to all of those issues, the production has been impacted on their west coast factories by recent strikes. that strike scene is unions strike less than $53.00 days before it was result and reportedly cost boeing additional billions of dollars in los revenue. we were able

to get wage increases of over 38 percent or this is a victory and we achieve something that we haven't cheap for the last point. 2 years with the following week 3 on the belt, the international association of a machinist and aerospace workers for insurance. i a. m was quickly criticized by some for asking too much at the wrong time from boeing management. and we did have stagnated wages over 10 years, with a massive cost shift on healthcare. we were threatened, our livelihoods were threatened with work, leaving the state. and we had to use this is our opportunity to make gain strong games that we hadn't in the last, you know, 101520 years. so it was very important that we use this leverage to the fullest. and they're always comes a time at which you have to lock in the gains and we did. and the boeing company can still be very successful and can't be successful without the eye and together.

hopefully we can bring this company back on track, increase the rates and start building airplanes in a safe, efficient way going forward. boeing is in a squeeze management denounced, it will cut 10 percent of the company's workforce. that's 17000 jobs. these layoffs will be accompanied by other cost, cons, divestment and spending restrictions. all of that has an impact on morale, of course, and comes with a bad time. why the ailing aerospace giant must do everything it can to restore its tarnish reputation by changing its culture and improving is production process with a focus on quality a week decimal or even failing. bullying company is in nobody's interest experts. and there's no 2 companies like air bus and boeing in the world right now. each of them has over 40 percent of the market share for commercial aircraft. but the

backorders for these companies are so large that if one company falters or weekends or fails, and that doesn't mean that the other can pick up the load, pick up the slack. most companies are limited and how many airplanes they can produce. so it's not a windfall for air bus if boeing out symbols or vice versa of air bus squared assemble. i think what we should consider though, is there waiting in the wings. is china with an interest to build a sector to sell commercial aircraft? not just domestically to to china, which is a very important market, but also globally. however, it's not all do include for the storage aerospace, but he minutes after all the us government doesn't one going to fail because the pentagon, the us military cannot have boeing freight and the airlines don't want volume to frame either as they make lots of money flying digits or go, there are a lot of reasons for a lot of interest in boeing figuring out it's many problems and succeed

of the european space agency of setting up sites high. and pivotal to its quest is the expansion of it spaceport and friends, piano. those plans need big investments in a lucrative sector. this attracting more private players to the aims to increase the frequency if it's yearly rocket launches. and in the process, spread its wings and its presence in outer space, the, the space center in overseas territory, french kiana and south america is europe only spaceport at most a handful of rockets each year. take off from here. but that's that to change. the facility is investing 250000000 euros to boost and diversify its activities. a new control center will be ready here in 2026. let me push him back. one more family

film cutoff. yeah. okay. multiplan sweetheart. i am for 9 launches next. yeah, and in the long run, 15 or more each, you got guns, but the point of personal small would also accommodate micro launches at a site. we're constructing the dick. you're going to go flip sure these private rockets, some of reduce capacity, but you're gonna have a lot more launches each. yeah. the centers director says the gear up is necessary . not only since rushes invasion of ukraine, which brought space cooperation with moscow to a halt. competition has gotten rougher, not least through private players such as us billionaire, even mosque, and his company space ex you typically me guessing when everything is done through start the lives out assets to have to communication. this is where the full costs, climate surveys, etc. and you really suppress on so space is turned into a crucial economic sector looking for we need our own access to a space for that purpose. or with more yearly launches to come friend space

supplier euro propulsion will have to provide more rocket motors in future. it will boost its workforce from currently $39.00 to at least $45.00 employees all maintain north setup. i see well increase our capacity to, to production lines on well have to give the training to help people mean a lot of corporate i'm is to maintain auto. none of us on no to me will issue for the 1st full 1st will reduce costs come over to who's so, so that your opinion rockets can be competitive on international level rates will see a little upset. auto band. it difficult to define the will more business at the space center will be a boon to the local economy. space ports activities currently represent about 15 percent of french pianos, g, d, p, and future. at least 1800 people will work at the space center up from 1500 now. but even with a plan construction works, the space center will have to do more to keep up with the international competition,

says this business consultant about the dentist who the basic launch is at least a 100 rock. and so, yeah, that's all you know by xerox funds to launch about 10 in the building. this is not comparable to that, but it's going on and then he couldn't any, i'm most of the micro launches, haven't reached the commercial estate janitorial. so they're not ready at all. so, and this will go re a all sale he's coming up there. and yet there are not only economic arguments for modernizing the space center. the machine is only now china, the us with their own policy era, russia, which is no longer launching from handle the so it's important to have our own spaceport on strategy in the world continues to reach for the stars. but we might well be seeing less cooperation and more competition between the various players in the burgeoning space market. the

a back on planet or the german car industry is facing its fair share of tough task. one of the biggest challenges making the switch to eaves and other 0 emission vehicles staying competitive on the road ahead will require more flexibility, ingenuity and technical agility. what's gone wrong for german carmakers? how can they recover and redeem the reputation as world leaders? the excellent engineering, robust construction, cutting edge technology on unmatched luxury, german cars and vans have been celebrated award wide for decades. but the winds have changed, and the german auto industry is now showing signs of under village. it is

not all of a sudden folding of the eclipse case, the lack of roughly $500000.00 comp. but yet carmakers are having to adapt to major transformative processes and other challenges that situation applies. not solely to the automotive industry, nor exclusively to german cars, being the powerhouse of your appellate body makes germany more exposed. the market is lacking in comparison to pre corona, roughly $2000000.00 cost as folks bought them. for example, as the group was participating with the nearly 25 percent market share, this means there's a lot of roughly 500000 costs. but yet the automotive industry is not the only industry that is suffering from higher energy prices, higher, higher wage prices. but also this is changing the role of china no longer being just a very welcome export destination, about actually being a system rival, a few years competitive. the impact of these factors is evident in the process of

germany's leading time manufacturers over the last 2 years. the quarterly results of books back in the, in w and mercy. this have declined. in the 3rd quarter of 2024, they plummeted. the decline the presents more than just the hiccup. as soon as hearts are the consequences dripping outward pricing costs effect both the industry and consumers making the challenges even more complex the course, the question, the cost of high energy costs, which were up to the pandemic rising to, to the re principal. then, of course, as well due to the rising costs every where people are having less money in their pocket. so they're demanding rides. it's all the categories. and this of course has been adding as well to the increase of costs while of course,

they are doing of the, with the automotive sector is the largest in germany and serves as a cushion pillar of the economy to put things into perspective. last year, germany exported cars was 273000000000 euros motor vehicles accounted for over 17 percent of germany's exports, followed by machinery, chemicals, electronics, pharmaceuticals, mentos and a variety of other products. there is no wonder if people say when the auto industry sneezes, the entire german economy catches a quote because the car industry is not just about cards. if you add to that suppliers, suppliers of suppliers, if you add to that entire infrastructure as being, depending on the automotive industry, just think of where some of these factories are very often in the middle of nowhere . so there are really entire cities, villages, with their infrastructure being dependent on the automotive industry. wide chinese

brands like new id, has taken over b w's leadership on their own domestic market. trying these cars or the competitive on price have not yet surpassed the technology. it goes top abilities of german modeled, particularly in areas like connectivity and entertainment. caught the german car industry be at a turning point, potentially facing a face like that of nokia or even quarter. i think we still have a very strong car, automotive industry in germany. it is not that german common new factors no longer sell cars, they only sell less cars then then then in the past, the market has become more competitive. they just need to get back. that is best for success. that they need to be foster in production and developing, especially with the german automotive industry, facing significant challenges and tests that are what i had with them on further innovation and adaptability.

the from colors to bleeding in very special rings. and when it comes to the actual wedding for all the variety worldwide, one thing couples have in common is making. i do a unique and unforgettable moment mc austin lavish celebration. and no country is as big on weddings as india facilities often go on for days. and nothing is left to chance in an industry where money is no object. indian weddings can involve views of turning with hundreds or thousands of people attending the celebrations and preparations, taking up weeks or even months and the couple of the time on what's known as winning street in galley futures bounces,

and this families can find everything they need for their big day, indian weddings are elaborate affairs and business is booming and the every day new shops open here, creating a lot of competition. if i hadn't got cost us $4.00 and a half 1000 rupees, if we set up a $5000.00 competition, we sell them for only a $500.00 profit margin for the show because there are lots of other shops, parents have expenses, also have to be met. the, the stuff to pay the rent, the electricity bills, a lot of competition, i'm sorry, low margins in india and the bride and groom ends, their entire entourage go to get outfits and they spend a lot of money on average, hundreds of yours per person on clothes alone yeah, i'm i paul blip out of the leg it pop up out of there. yeah, we dress grooms on their fathers on the grooves mounted on the could include your brother in law or your younger brother hooked the one supplement up out of them.

now we sent them the, including the, brian's product. oh yeah. those are the about the blue dress. oh, the v i p. yes. attending your way to your home. maybe i'd be more minor on several . how many they are coming up here in the bay area in southern germany, the bride in green to be, are shopping at a wedding trade fair. while hundreds of guests gather to celebrate in india, celebrations in germany on far less impressive couples in germany are now spending less on weddings due to high inflation hospitals. there are still some big weddings which we're really happy about, but overall weddings, it becomes smaller. the fair cells, everything for the special day visitors can have rings made by the bridal gown or hire a photographer. but with the economic crisis making itself felt, many exhibitors have simply stopped coming up saw most of the nose up because they've closed down. this is, that's very sign either seeing people who i've been working with for many years,

having to give up their business to business. no longer viable. so i am talking with rising payroll costs, right? that's less than getting ahold of the meet the most expensive wedding of all time took place and moon by in the summer of 2020 for the cost for the couple on on time barney and radi come merchant over 100000000 euros. the room is the son of an indian businessman and multi millionaire. among the guests were celebrities from around the world. this couple of live in canada and have spent almost 3 years preparing their 7 day wedding. those who can in india celebrate the occasion in grandiose style. i think, yeah, i all for everybody. right. that so a life changing event then? yes, it's a, it's, it's the most latest. the grandest event that we have in 152 phones, especially from canada, who in the all 3 months in a month. so i just came for 5 days just for the shopping because the windows and in

the other not big and women daughters. the bigger and more spectacular, the better. on average indian families spend up to a 100000 bureaus on a wedding, maybe in wyoming and living. it's so once in a life by now put unity, i know, and one point is also so, so media, you can say they want to really this moment and again and again again and again, maybe go to these. and so i think this is, this is the one that indians i use this who wants to show them want to show this status to other people. and that's what it takes to them in other areas. i think around the words, it's not the same. the couple took 60 days off work for their wedding, which had over $400.00 guests arriving from around the world. back in germany, while the number of visitors to the wedding fare is still limited. business is good for this jeweller. he's benefiting from high gold prices and demand for wedding

ring to some couples even come in as a weekend to make their own brings with the jewelry in the hospital. and it always has to be something special and individual. this goes under, in our case, special elements using the families own gold. so someone might bring along the bring a bed to cease grandmother, for example, an evening which lives on and the new rating rated on the the in knowing evening by the lead. due to the sheer size and scale of weddings in india, many couples hire a planner, some insurance contract and nor so ha, sounded their company 5 years ago. and it's really paying off. people started spending more on reading this because it, so competition sort of a big because, you know, every government wants to be different from the previous government. so you also have to come up with a lot of ideas every time you need somebody new. so you, all people are spending more because india is

a country of contrast with extreme poverty, but also a growing affluent class. a major reason why the business for winning planners continues to grow back in germany. business is good for this wedding planner to things too. i love couples, she organizes weddings that cost upwards of $50000.00 bureaus. and my name can to my clients are people who don't have the time because they work full time, but want their wedding to be organized so that the brightens room can sit back and relax the plan and come to this couple is going home. happy today with lots of ideas for their wedding. as in the past, i still need something to where she already has the address, if that's what half of the rings on to get a few ideas for decorations and what have you. and to give you the over in india, it's time for the party to begin with a couple and their guests are like a truly memorable celebration. and

that's it for this made party with industry giants aiming to take off again in the air and on the ground and the space for investing in the future. so you out of love, [000:00:00;00]

the big press to protest far right. politics fund coming from grayson wants to drown out, you know, full before since the band relies on the unifying power of use. is there resistance working? focus on use in 13 minutes. the last play announced

a story. a school montvale practice. i think. gonzales. fly this all over the how many go i've been almost done politically supporting mostly part of that there. so if you've got 3 equal payments or do sales for basically for a little that the more than a few items that are already gonna ask you, some of the ceiling come with the effect of in 90 minutes on d w. the only way i can be on the top is to create my own empire, discover stories just to click away the during the destination, right. this document,

trees. the subscriber. okay. name treat. hello guys. this is the 77 percent of the platform for these issues. picture, right? you know, on this time i'm not afraid to pass and then he did talk to the young people clearly have the solution, the future of the 77 percent, every weekend on dw relentless journey, filming 30 years of chaos and hold the congo. documentaries about a decade by a neighboring countries,

greed for raw materials in the world. all too often silence in the face of tragedy. congress empire of silence starts february 15th on dw, the business day. the news light from berlin. donald trump faces widespread rejection of his plan to take over the gods. but us presidents page to reset the cousins and down the strip into the piano of the middle east is criticized for jeopardizing. and the 2 state solution to that he's rarely piloting. and conflict administration officials tend mixed signals as they try to walk back. also coming up as the spot in the democratic republic of the congo a best to have broken down as rebels. take another town the you and estimates