the airline industry and the future of boeing and the market is down heavily today reflecting in festus concerns about. the recent previous one at lyon that means for the company and its profits boeing says the investigation into the ethiopian airlines crash is in its early stages and it sees no need to issue new guidance to seven three seven x. eight operators based on the information it has so far. let's bring in our financial correspondent new york jose luis de haro jose how seriously does boeing have to be taking these groundings. they should be a big concern sends a single aisle seven three seven marks a count for almost one third of the company's operating profit i need to generate about thirty billion dollars in annual revenues or any kind of problem related to this model is going to take a toll. on trees like china indonesia and if the o.p.'s decided to ground these airplanes here in the u.s. airlines seems to can see that a seven three seven might say it's still air war three waiting though for a four month conclusion from the federal aviation administration meanwhile investors

no this they do that deliberately they have them under festus and they know that nothing day i proposed will be done but we have the real program makes things better well we have to take a short break now but we will be back in just a few moments stay tuned. to public will. when the ruling closes the project. with the claim of. the routes to. private companies that have got a lot of v.c. venture capital funding are ready to go public this year i saw the list they're all going out of forty fifty sixty seventy billion dollars valuation so the prediction here is that it will be the end of this cycle you're going to have a like two thousand and one style crash back. due to the fact that there is nothing to support the valuations of these companies and know about it very quickly well all crash. is a tense situation in venezuela is still all over the news the problem in venezuela is not that socialism has been poorly implemented but that socialism has been faithfully implemented for inside venezuela things look different we're going to announce sanctions against a troll to venezuela associate