. >> david, you are watching airbus's morning. this morning. >> the earnings fell, but they still beat the expectations of analysts and maintained their guidance for the year. that is important. they are on track to deliver their first a350 two qatar airlines by the end of the year. also important, along with the restructuring, which is bumbling along. what else are you watching today? >> twitter for laois and. -- twitter-flation. decade highs on the ftse. up not quite over one percent right now. down .5%.ib why do i care about swedish inflation? everybody is talking about swedish deflation. the cbi reading comes out in 30 minutes. what are we going to get from that? are we going to get a snapback? that is what many people are expecting. elsewhere, the data continues to pick up. u.s. retail sales from may. we are looking for .4% growth. here is sterling. it's talk about what the bank of england mike duke. ubs says the bank of england, tomorrow, in the inflation report, may feel a stronger need not to accelerate the policy differen

breaking news from airbus. the aviation giant reporting numbers this morning for the first time. 700 million euros against an million, so658 comfortably beating estimates when you strip out even the one-off items. they say they see full-year delivery at about the same level as in 2013, and that is one of the things that investors are looking for here. q1revenues up five percent, with theup, but down previous year. but get some details about this particular business, the one that changed its name to airbus. david tweed is following the story from berlin. david? >> anna, a couple of things to look at. one, as you mentioned, they kept their guidance. they will have a similar deliveries as last year. no change. one area i have been looking at very carefully is the delivery of the a350. they say they are on track to deliver the a350 by the end of the year, the first one going to qatar airways. they have ordered 80 of these. the reason people are looking carefully to make sure there is no hiccup in the delivery of th

and we will bring you a very special conversation with airbus' chief executive.hat is later in the show. do not miss it. ♪ >> it is time for today's hotshots. commuters get an early morning surprising new york when five divers are over the skyline. they passed over the financial district, landing just over a barge on the hudson river. >> and a run for their money during a fast-paced training session in -- she is the first woman ever to win the ama pro road race. let's see how the markets are trading. manus cranny has your asset check read -- check. >> we are within 1% of record highs on european equities. still, the language is about what happens next in terms of the european central bank. russia has not signed its euphoric gas deal. that is for sure. we have had some ecb commentary coming from the spanish central banker, basically saying that the drop in prices is one of the biggest issues on the map. we are down .4% in london at the moment. have a look at this. honorable are adding to their capacity in eight -- in australia. 2.16%. equities are struggling. it i

airbus says it's making progress on test flights of the a-350 jet. such good figures for lagardere. quarter revenue down more than 6%. let's recap asia today as well. the hang seng up 0.4%, the nikkei up 2% as well. we had credit data out of china which shows credit growth continuing to ease a little bit. pboc may be fairly relaxed about that. on the bond markets, continue to see a sell-off in treasury prices yesterday. treasury yields 2.65% on the ten-year, moving away from 2.57% which we hit a couple of weeks ago. going to be looking at retail sales and inflation data out, producer prices wednesday. cpi on thursday. going to be the big mover for treasury this week. there's something else here worth pointing out. yields between 10-year gilts, continue to see spread convergence in the periphery with bunds. ten-year uk government paper yielding 2.73%. that's also reflected as well in what's going on with euro sterling, hitting 81.43. a single month low against the pound. as far as cable is concerned, below that near 170, near that five-year high. the

the latest model of the boeing 747, and the massive airbus a380. one of the company's executives explains why. >> we have to see the position of frankfurt and also our hub in munich, and maybe in zurich, vienna also in the lufthansa group system so we have a possibility to connect a lot of european cities from these huge hubs, which means if you compare this with tokyo, tokyo is not a hub like frankfurt when it comes to servicing so many neighborhood countries. >> reporter: the situation in japan means airlines there are counting on smaller and more maneuverable planes. >> translator: japanese airlines are doing well financially. for example, japan airlines has just posted a profit of $1.5 billion. as far as our earnings are concerned, japanese companies have adopted a sounder strategy than their overseas competitors. it does seem wiser to be shifting towards midsize aircraft. >> reporter: for the time being, jumbo jets and airbus a380s operated by non-japanese carriers will continue servicing tokyo. it will take a few years before ana and japan ai

it's a real partnership between us, boeing and a airbus. >> i have only known irish companies in thesing companies. what is it? how did that come about? >> it came about in the '70s. another company was our competitor called guinness -- >> yeah! >> gpa. >> i have a degree if guinness but the beer side of things. >> exactly. ireland has a favorable tax reare jet stream. they have a 12.5% corporate income tax rate and a lot of bilateral treaties with countries that are favorable. it's a haven for leasing companies. in california we make more money, we have better relationships with the airlines. we are almost like the boutique place for aircraft lessors. >> boeing said things look good in a conference call. you probably have a better view. is it just a terrific time to have as many aircraft on the books as you do? >> it is a good time. we have never had so many airplanes that are more than 20 years old flying for the airlines today. we see a huge replacement cycle. we have investment grade ratings. the company is well capitalized. we have the highest profit margins in the sector. we ar

to end the bay area amtrak train at a train heads and tails a teenager who was walking with airbus thelatest on that story coming up. >>: and james the world cup history to cooper kron4 news that seven stars now. never mind. we have hot spot to talk about whether

the new military transport aircraft ec two nine five of concern airbus military will be also involved which would be a part of our air fleet in the future. his new husband the orchestra traditionally will give a special mood to go for a one hundred and fifty positions reversed here for a month to adequately perform military marches the latest news is that three w dot cardstock that stevie got cate said according to the press office of budget according to the extent that second to base to receive the funds for the national political stunt for the lead because of media businesses that obama fun to look at it for this purpose one hundred and eighteen the products to justify it to her crib the other stuff experts say that support for small medium businesses helped to strengthen the domestic economy. bell will be put towards a presence that concession to the beats of guilt and the formation of the common economic space to woo the first move and those in need. the keeper of improvement. some of the money was most most most days i think the authority should develop programs that would give o

berlin's unfinished airport is being questioned from some of airbus's biggest golf customers.are training their sights on germany's air traffic laws. hans nichols is at the berlin air show. >> you put that so delicately. let's talk about tax. there is some military aircraft. we have qatar airways. and an emirates a 380 landing here. we are talking in a fork we hear but this airport is under attack . it is under attack for couple of reasons. it is not done. it is not even going to open until 2017. that is an optimistic scenario and all these long-haul carriers like emirates want to be to win here. they need germany to revive its air traffic laws. four concessions in germany. they want to add a fifth. that just being here at this airport when it opens but to do that they're going to need to get permission and that puts been aauthorities difficult spot. their own airlines are struggling. what do you do when companies with cashtes flush want to land here? when you look at how many orders 380s, they0 -- a have made announcements here and the question is one will this airport be fin

it is the biggest bounce in airbus shares since january.osssyjet posted a pretax a little earlier for the first half. it was an improvement on the year earlier period. earlier, anna spoke to the company's ceo and she discussed the impact on the crisis in ukraine. >> there is no question that u.k. to moscow bookings have been suppressed because of the political situation. for me, a very interesting fact is that 56% originate from moscow, which is very high. our network average is around 25%. knew about easyjet before we opened this route and they flocked to us. >> shares are down five percent. easyjet, at the moment, is not living up to the euphoria we have seen. even though we saw earnings and profitability improve, there was a net loss overall, better than it was this time last year. sales up 6%. far moreseeing business travelers. this is a stock that has done nominally well over the last few months. perhaps investors wanted to see eerars euphoria -- sh euphoria if they are going to keep piling into this stock. about thiscinating company i

it involved two airbus a-320s, both out of george bush intercontinental airport in houston. one of them was headed to vancouver, the other to mexico city. transportation correspondent jeff pegues tells us what went wrong. >> it happened on may 9 around m. united flight 601 was on runway 9 taking off. another united plane, flight 437, had just departed on runway 15 left. the controller instructed the pilot of flight 601 to make a right turn, putting the planes on a collision course, before realizing his mistake. >> reporter: the aircraft ended up separated by less than a mile and 400 feet vertically. >> reporter: the incident is the third near midair collision in recent weeks. on april 24 at newark international airport, two planes escaped a collision by an even smaller margin. a day later, a miscommunication between air traffic controllers led to a united airlines jet and us airways plane flying over each other. within seconds of a disaster, emergency warnings kicked in and one plane descended while the other went up. the f.a.a. says planes got too close to each other nearly

states says it doesn't do is say, for example, on behalf of boeing spy on the french aerospace company airbus in order to steal trade secrets to help boeing. we don't take orders from companies. now, of course, in china, there is a difference because these are state-owned companies. the chinese says it's no different. we're spying on each other. the united states says it's a big difference. >> what are the chances that this actually ends up in court? >> somewhere around zero. >> ok. >> that any of these five chinese military people will be standing in a courtroom in western pennsylvania which is where the charges were filed because u.s. steel is there, so many of the companies are there. the government says, look, we have tried making nice. we have tried doing this diplomatcally, quietly, the little letters back and forth. this is an effort every time they get nowhere with that, this is a way to raise the temperature and saying to the chinese we're watching closely and keeping on doing this. >> what was the reaction in china by the officials? >> two things, first of all utter denial in the st

succeed where only british airways offers this all business class configuration and they are flying airbus equipment but they have to stop to refuel? >> there have been others that have come and gone before us, but i guess there is a number of reasons. there was timing, there was precrisis oil spiking. for us what they did not have access to is the right aircraft. we have the right aircraft at the right airports. this is the first time that an aircraft is going to be able to fly that kind of range out of london city. our idea focuses to fly to similarly convenient and essential airports. >> thank you so much. best of luck. coming up next, the hottest new fruit craze in york -- food craze in new york. ? >> this is "taking stock" on bloomberg. i am pimm fox. >> the european union is heading rusher with more sanctions. the eu foreign ministers meeting in brussels added 13 people to the list of individuals on travel bans. they said they will send a bill for june, and if it is not paid by june 2 they will not receive any russian gas. argentine bonds will rally. jpmorgan plans to hold the are fo

the us airways airbus like this was bound for orlando. four people were taken to hospitals after landing including a flight attendant who struck her head so hard it cracked the wall. >>> breaking overnight a destructive wildfire burning near oklahoma city is being blamed for at least one death. a man who refused to leave his home. at least six homes have burned to the ground and many more destroyed. the fire started as a controlled burn yesterday afternoon before spreading to seven square miles. it is the largest of several fires in oklahoma that have been fueled by high winds and unseasonable heat. well, the heat wave is broken for most of the plains but it is still pretty and dry from arizona to the deep south and florida. taking a look at the temperatures map, lots of orange, high temps, 93 in dallas, 87 in atlanta. that is more than ten degrees above normal. >>> overseas to the worsening tensions in ukraine. violent protests have now spread to odessa, the country's third largest city. dozens of people have been killed there. abc's tah

the more interesting form is what manufacturers like ge or airbus would call additive manufacturing. and that of taking a block of material and milling it away to what you want which creates a lot of waste, they are using some 3-d printing technologies to build up a part, let's say for an airplane, layer by layer. putting material only where you wanted heard you can create novel materials that weren't possible before and you can have material with the same structural integrity as the previous part, but a lot less waste. that is a fascinating development, really important. on the other side we have home 3-d printers that allow you to make things if you want. with those, you are somewhat limited in your materials. plastic comes out of the print zzle. now there is mainly a hobbyist angle to that. with microscale 3-d printing, we are talking about researchers that are doing fascinating work to used 3-d printing with a greater variety of materials. not plastic, we are talking about living cells, battery components and also using multiple materials in one session of 3-d printing. there is

china southern has signed a deal to buy new planes from airbus.hey have a list of value of $7.3 billion. the carrier wants 80. the demand for travel continues to grow. in 2016.s were set for 737 from a discount carrier last week. japan is said to be looking to boost capacity at the two airports in tokyo. they said the government may build more runways to increase air traffic over the next 15 years. the report also says the government may ease restrictions over residential areas. coming up next, we are back in the philip to find out how you are rebuilding their lives after the typhoon. we will have a special report after the rate. ♪ >> welcome back. it's month since the typhoon it dedicated parts of the philippines. back to sees been how things are now. ingles sent us a special report. haiyantyphoon took almost every the nickel. >> my wishes to earn a living. we cannot rely on aid anymore. we need to start rebuilding our lives. >> she is just one of the thousands relied on the fishing industry, one of the main sources of income in the areas devasta

the more interesting form is what manufacturers like ge or airbus would call additive manufacturing. instead of taking a block of material and milling it away to what you want, they are using 3-d printing technologies to build up a part for an airplane or something layer by layer putting material exactly where you want it. you can create novel materials that were not possible before and you can have material with the same structural integrity as a previous part but let's wait. -- but less weight. on the other side, we have home 3-d printers allow you to make things if you want. with those, it is limited in your materials mainly to plastic. plastic comes out of the print head novel -- nozzle and solidifies. for now this is mainly a hobbyist angle. what we are writing about in the magazine with microscale 3-d printing is we are talking about researchers who are doing fascinating work to use 3-d printing with a greater variety of materials, not plastic. we are talking about living cells, battery components and using multiple materials and one session of 3-d printing. there is interestin

the airbus ran into severe turbulence shortly after taking off from philadelphia heading for atlanta when the plane reached about 17,000. >> it was very, very scary. >> the airline brought in another crew and airplane to get the passengers to orlando. >>> new report on the centers for disease control who suggests bullied and likely to carry a weapon. that survey was conducted, they carried weapons to school. >>> the federal investigator looking into what caused the plane to crash at traffic air force base. the pilot may have mayed a role in the death. >> remember the cinco de mayo slap that took place in morgan hill. it's flaring up again today. i'm kiet do. live report coming up. ,,,, ♪ at kaiser permanente we've reduced serious heart attacks by 62%, which makes days with grandpa jack 100% more possible. join us at kp.org and thrive. get 5% cash back at lowe's this quarter so you can score more cash. activate your 5% cash back at chase.com/freedom. mallicoat. and i'm michelle griego. tis 6-- let's check in with liz for check on our morning commut let's get a look at weather. here's

. >> hebrew graffiti found at are holy sites in jerusalem reveal death threats to airbus.bram scora and omar aboud are both from his area. rabbi abram skuru, washington, d.c, this evening is father tom reese, founder of the national catholic reporter. thanks for being here. i want to start with the significance of the interfaith level concluded juda jew judaisd request. >> in fact john paul and john xxiii were given -- were actually given sainthood recently, because they played a very significant role in the outreach of the catholic church, particularly to judahism and islam. i had the privilege of welcoming pope benedict to my synagogue, the first papal visit to a synagogue in the united states. i stood near president shimon perez, welcoming him. this is a rye firmings o re rea. >> more than 10% of the population, 214,000 christians live in the west bank and east jerusalem, about 8% of the are population. most are members of the greek orthodox church. only 12,000 christians live in the gaza strip, and jordan is home to 174,000 christians, only 2% of the population. more t

with standards that will apply across the board to these batteries, not now just in 787s but also in airbuss and boeing triple sevens, and boeing 737s. the faa says lit take a look at all of the recommendations to see what more may need to be done to insure the safety of these batteries and the safety of those folks who are on these airplanes. rachelle. >> the syrian government says it has regained control of a key prison facility. because it is near the turkish border. al quaida fighters took over that prison a year ago, trying to free more than 4,000 inmates. the reports today that troops are broken the siege, but the battle over the northeast region has -ed almost two years. it would have sent reports of human lights violations to the criminal court. james because has the story. >> they have few equals in modern history. sadly, because of the decision by the russian federation, to back the syrian regime, no matter what it does. the syrian people will not see justice today. they will see crime, but not punishment. >> the russian ambassador made it clear he felt the french had drafted the

the airbus ran into severe turbulence after takeoff in philadelphia heading towards orlando, florida.happened when the plane reached 70,000 feet. >>> morgan hill is bracing for more fallout. they will hold american flags in protest of the school's right to ban the shirts. >>> dorothy from sunny veil said she heard someone and ran into a man and his pistol. got away with jewelry but able to fend him off when he went for cash. >> i'm cate cauguiran. coming up, a federal investigation into what caused a plane to crash into travis air force base. you're about to see the dramatic video from that accident. the vintage plane flew low near the ground. the air show announcer noticed the timing was off. saying the pilot went upside down earlier than expected. moments later, you could hear the spectators reacting as the plane glides down an open field. >> everybody standstill. stay right where you are. we've had an incident. we're aware of that. >> reporter: colonel of the air force base said the 77-year-old pilot eddie andrini was doing an aerial maneuver he'd done many times before. >> it was

>> yeah, you know, don, i worked on the airbus 380 certification and looking at the capabilities thatdiscussion about remotely controlling the aircraft. and they have the ability to installing it in that aircraft. maybe is it possible to remotely control it. but the purpose of that, the only purpose of that is after a 24-bit hexadecimal system put in place to communicate with the aircraft. if the flight view crewe is incapacitated it is triggers a sequence in the airplane that flies the airplane back to where it went to or the alternate airport. there is no remotely controlling these airplanes. >> 24 bit hexadecimal. layman's terms. the former prime minister went on to say, is it a waste of time and money to look for debris or oil slick or listen to pings from the black box. the plane is somewhere. maybe without mas markings. has he joined the conspiracy theorists? or could terrorism have played a role in this? >> there has been a lot of speculation on air, off air in the media outside of the media. and he's just another one of them. he happens to have gotten a lot of attention becaus

this time a pair of united airlines airbus a320s came within 400 feet of each other as they were taking off from houston's bush enter continental airport two weeks ago. passengers didn't notice anything. the sound from the cockpit shows how close these two planes came to disaster. >> 601, do you know what happened there? >> you basically crossed directly over the top of each other. that's what it looked like from my perspective. i have no idea what was going on in the tower, it was pretty gnarly looking. >> it's at least the second near collision we're learning about this week. cnn aviation correspondent rene marsh has more. >> reporter: carol, it has happened again, two planes with passengers on board get too close in the sky. now this morning the faa is investigating. >> 601, turn right, right turn. >> reporter: two more passenger planes get too close in the skies. on may 9th, united flight 601 and united flight 437 took off from bush enter continental airport in houston at roughly the same time. shortly after takeoff flight 601 is told to turn right, putting it in the path of the oth

there is luxury residents on the fleet of airbus flying to london at the end of the year from the unitedmirates for $20,000 you are treated to your own living room and separate double bedroom and a shower. you can see what well he willed travelers can expect and there is in flight attendant the cost includes a butler and your own which. >> the morning news continues at 5:30 with the top stories including breaking news as the earthquake rocks southeast russia. >> shots fired. shots fired. shots fired. >> down if this area, the police re i look,.. and a congress standing in the. way. their budgets are late; jobs bills are stalled... and special nterests run rampant. as an economics teacher at stanford, i know education means good jobs. so here's my plan: i'd start teaching computer coding in public schools right away. open doors for women in science and technology. and prepare young people for middle class manufacturing jobs. i'm ro khanna and i approve this message, because change starts with us. >>> live from the kgo-tv broadcast center this is abc7 news. >>> hope you had a great week. t

it's not just the 787 using the lithium ion batteries, they are on use in the airbus a 378 and the boeing 777. the f.a.a. will look at the recommendations to see what more needs to be done. >> lisa stark from washington. >>> it's been a rough start to the spring with tornados decimating south. good news as we head to the hur scientific. 2014 will have a near or below hurricane season. noah says there's a 10% chance of worse than normal conditions. a typical season lasting from june through november. there'll be fewer hurricanes because of cooler waters and el nino. kevin is here to explain how that is possible. >> i'll talk about that in a moment. because we have a lit the less hurricanes doesn't mean the danger is not there. i'll tell you more. average name storms 12. we expect 8-13. below average as well as hurricanes. category 1 to five. major hur gains category 3 to 5. we expect to see 1 to 2. we talked about el-nino. in the atlantic there'll be vertical wind shear. the downward motion in the atmosphere is more, suppressing tropical development in the atlantic. currently this is what

fleet and not a decision of what are and not actual address to phrase it all, as a result of the airbusdishes would flow i sought are tied for gatineau and gary >>: said the suspect in custody after police say he brought on and some planks in american himself and a half hours in this as a place that is an and 20-and on-and 438 with his death and held her in the same rise on and ran as says-- chatwell. funds of of an adult was alleged and unless about it and thought about kron4 for your ride got the benefit not right is not transit good as real bart a strand inland are poor dental x- rays of farm trade of pamela thank-you the house bought in the house also lives on to find a diamond officer roger and the california said it is not over as lot of adults to the council voted last night to try to allow sued against his-- sriracha hot sauce. what the mayor announced a mall as the council to and the fight against the devils were gold coins found in and of itself of his home the theme are selling fast. about half of the 1400's coins have been sold out as of yesterday. if less than a day after t

boeing is terrified of the plane contract, that airbus could move into russia and take that.u didn't have a coalition with all of the european countries moving at the same time. that's the only way sanctions will make a difference. i think putin is the real outlaw. no question the chinese on the islands and the middle east is generous. but as far as the rest of the world, the 195 nations, i think putin is the real outlier. >> i disagree with that. i think some of the failure of the japan trade deal, that's part of the fraying. some of the restrictions on the movement of people. we surely have a problem of a death by a thousand cuts that there's no individual case where we should get really exercised. we're not going to commit troops to ukraine. we're not going to do anything crazy about iran. we're probably not going to declare any moral world war on china. so it's all these discrete problems, none of which merits this gigantic response, but collectively can do damage, so that's the problem we're in. i agree with mark about the hangover from iraq and afghanistan, but i think

liz: boeing rival airbus first quarter net profit almost doubled from a year ago to $604 million. the world's second largest plane maker cut the cost of building its a 380 super-jumbo jet. david: pfizer is expected to sweeten its offer as soon as this week. liz: shares of botox maker allergan are higher after valeant pharmaceuticals said you know what? we're not listening to you. lala. allergan says stay away. but they want to stay in. of the allergan formerly rejected valeant's bid, at 46 billion. "after the bell" starts right now. david: let's get right to today's market action. we have tim courtney, essential wealth advisors chief investment officer who says investors should be looking at international invests for their portfolio. craig hodge, hodges small-cap fund portfolio manager warning investors not to be too aggressive in stocks, to keep some cash on hand. larry shover from the pits of cme. larry, i want to start with you. when i talk to nicole, think about what is happening with rates. rates are going down on five-year, 10-year, 30-year, they're going down. is that a pro

we don't steal information from airbus to help boeing. that's what we're seeing in these charges and previously, exactly what the chinese are doing. >> one is cooked into the books and another one is across the line? >> one is part of the international global political environment but stealing information from american companies to advance chinese companies, we say that that's unfair and certainly is, against the law. >> before i let you go, give us a grade. where do we stand if this is the progress report moment. how do you grade the u.s. and american companies in terms of vulnerability? >> i think almost every industry still at best gets about a d. most industries are not passing. now, this is very hard thing to do. they need the u.s. government to deter the chinese activity but this is a very deep problem that has to be battled by private sector and government together. >> the first chapter of a long book ahead of us i fear. michael, nice to visit. >> nice to be here. >> now to the ongoing conflict in syria. a new report paints a start

this happened right after takeoff when the airbus jet was climbin climbing. passengers say, suddenly, they fell hard. >> and it was a crazy experience. we were just up in the air, lifted out of our seats, seeing things flying all over the place. i got sick from it. there was people injured, running all over the plane. it was really scary. >> four passengers, two flight attendants were hurt. the airline not revealing the nature of the injuries, but a passenger says one woman hit her head on the ceiling. most of the passengers continued on to orlando. >>> the next stage for the search for flight 370 coming into focus this morning. officials say they need more sophisticated equipment to get a better look at the ocean floor. they are also dramatically expanding the search zone now, insisting they still believe they're looking for the plane in the right place. so, let's go live to kuala lumpur and bring in will ripley. will, tell us about these meetings, tell us about these plans now to go forward. >> reporter: well, the first plan is going to happen on wednesday

this is onboard the huge airbus a-380 jet and the boeing 787 dream liner. there's a bedroom.ite had three rooms. that was the living room. this is the bedroom here. which is clearly in shades of tan and brown in this particular one. it isn't one of those lie-flat seats. it's a real mott tress that fits two people. a couple can comfortably sleep here. comfortably being the operative word you have your own bathroom with you're own shower. national hitting turbulence and you're in the shower, go crashing through the glass, blood on the floor, have to call a teenage for a traps fusion. this one comes with a classically trained english butler. and her is your -- what -- grand meeting room, private bar where you can hob nobody with other fellow first-classers. it's rolling out on flights between london and abu dab by. what's the cast? a cool 20 grand or so. ashley -- >> that is the way to go. the question is will the fox travel depth okay it? >> i can answer that question in a swift, no. >> there you go. >> so go ahead, tell me more. >> target, the ceo greg has been with the compan

. >> and the production in the backlog with airbus and boeing combined. very powerful. >> yeah, and nice consolidation around 130, so i think there could be more upside. i also like boeing. >> jane, go ahead. >> what i think is so very interesting about all of the defense names, especially like a lockheed or a northrup is how they're trying to find international customers, not just in defense, but commercial application for the defense products. so they are less and less -- at least that is the hope -- dependent on the pentagon. >> yeah, you hear reports, jane, such as the commercial plane almost going into a drone? and that could be a real setback in terms of the commercialization of this technology to move away from the government uses, correct? i would think that -- >> well, i do think over the next -- the next few years, despite all the concerns of drones -- you have this american airlines commuter jet pilot saying he almost are ran into one over florida, there are lots of concerns about the uav. s. they will be worked out and more reliable and you wi

does not steal secrets, for example, from france's airbus and give to boeing so boeing can sell moreft. and that is what china is doing here. as you said, the chinese officials both deny that they're doing any of this, and second, they say the u.s., you're doing the same thing. and from my perspective there really is a difference. but if you're china and you have all state-owned enterprises, the government owns these economic levers, then that distinction is lost. what i think is key is china is an outlier in this activity. this isn't just a u.s. versus china. this is largely -- not entirely but largely the world versus china. and it is only china that is doing this sort of activity at this scale really on a global perspective. >> and why do you think the obama administration decided to go so hard on this now? >> this has been going on for really many years. the indictment itself notes that some of this activity goes back to 2006, 2007. so this has been slowly escalating. it started to peak a little bit last year when the national security adviser and president obama met with their c

the airbus jet was climbing.ers say, suddenly, they fell hard. >> minutes into the flight, all of a sudden, we feel this boom, and the plane felt like it dropped 20 feet down. shoes were flying, cell phones were flying, people were screaming, and it was very, very, very scary. >> four passengers and two flight attendants were injured. the airline is not revealing the nature of the injuries, but a passenger says one woman hit her head on the ceiling. most of the passengers, most of them continued on to orlando. >>> the next phase for the search for flight 370 coming into focus this morning. officials say they need more sophisticated equipment to get a better look at the ocean floor. they're also dramatically expanding the search zone, insisting they still believe they're looking in the right place, however. let's go live to kuala lumpur and bring in will ripley. will, give us a sense of where they're headed now. >> reporter: well, hey, john, from a very stormy kuala lumpur. this is the city where that internationa

. >> boeing and airbus primarily but emembraer and bombardier are doing great as well.ing a great job. >> doing a great job. liz: private equity that owns you are making a lot of money, mcquarry still wants you. they made a bid in 2006. what would you like to see for future of? >> you know, somebody with equity that really wants to grow the business. when i, when i took over awas in 2010 we were 4 billion in asset value. now we're at 11 billion. liz: bravo. >> just a handful of years. so the opportunity to grow, if somebody wants to put equity to work and aviation leasing in general and awas -- david: answer in five seconds, will seats be more or less comfortable. >> much more comfortable. book your butler and partner now. david: i want to book my butt. ray, thank youery much. >> thank you, ray. thinking out of the box. you might think shipping containers can only be used for transporting goods around the world. we switch it to in the box could be turned into something very different that could save lives. when folks think about what they get from alaska, they think sal

she is willing to have some business damage like last month when they cansedled this airbus satellite was worth 700 million euros. so merkel is willing and in some cases this could be bad for german business, but i'm going to go ahead and press forward with it. two months ago, three months ago, the merkel/obama relationship was defined by the n.s.a. scandal. now it is all about ukraine findings common ground and binding the united states and the european union closer together. >> hans nick -- hans+++ >> welcome back to "countdown." i'm mark barton. >> and i'm anna edwards. let's get right to jonathan ferro. >> i want to take a look at sterling. it was 169 yesterday. up by half of 1% on the week. we're looking at the data. it is getting better. you get u.k. construction in about an hour. that is one to talk about. i want to talk about m&a. pfizer boosting their bid for astrazeneca. how much of that sterling do they already have? here is the data for you. 307 u.s. companies have about $2 trillion in cash overseas. what is the fx impact? that merger and acquisition activity? could it be

always buyll airplanes from boeing but by a little bit more from airbus. they want to be sure they have europe close to china even if china if-- close to there is a big issue. i think a lot of the american people don't look with as much .oncern in europe people are quite nervous. this is a great opportunity for china to exploit the server -- exploit the concerns. >> thank you for spending time with us on bloomberg television. he's the founding director and with us from shanghai. coming up, a bloomberg exclusive. scenes of takeover talks between pfizer and astrazeneca. we will talk about what caused that deal to fall apart. bloomberg television streaming on your smart phone, tablet, and bloomberg.com. ♪ >> you're watching market makers on bloomberg television. stephanieave noticed is not here. she is live at the deutsche bank conference. with the bank's chairman, anshu jain. >> barclays seems to be retrenching and getting out of business while you are leaning in. >> i would like to think of this in a broader context. which bank has a broader business model.

. >> starting with first quarter profit almost doubling and airbus. the world's second-biggest airplane maker cutting costs involving the jumbo jet. they have an order backlog of more than 5000 planes and ramping up production of the most popular model. the ceo of jetblue may find out in the next few months, to longer he will be on the job. he will speak with the airline's board on whether to extend his contract. the contract runs out in february. the shares are up 30% in the past year. delco stock has doubled. considering ifs royal bank of scotland going public. filing an ipo in new york. it is banks -- based in rhode island. rbs was takeover to offers but did not yield anything substantial. >> i would kill to know what they think about that. they have been trying to figure out what to do. what do you do with citizens bank? and mystery for 30 years. yearsy for 30 years/ . >> an ipo. maybe a new neutral. very good. >> coming up, another media megamerger. we will talk about the players involved in what could be a 50 billion dollar he'll. we will be rig

and-bathroom suite a "residence" that will be available for up to two passengers onboard its double-decker airbus enter service in december. >> reporter:it is the latest in a series of fancy offerings by etihad, which already offers perks including private first- class chefs and in-flight nannies. >> reporter:no word yet on how much tickets will cost. how much tickets will cost. hey there. did you select these things on purpose? not a color found nature. there's nothing wrong with tha. i can hear your arteries clogging. ok. no. this is tap water. i can't let you buy this. oh. crystal geyser please. crystal geyser. bottled at the mountain source. thank you! thank you! dedicated bankers born to go the extra mile. you've been such a big help. it's what i like to do. so you can choose a bank where helping people comes first. chase. so you can. surprise!lcome back. crystal geyser alpine spring water. crystal geyser. crystal geyser. news flash, it's bottled at the source. news flash, we sell it in cases. oh. thank you. oh no no no. crystal geyser. bottled right at the mountain source. >> reporter: serv

to end the bay area amtrak train at a train heads and tails a teenager who was walking with airbus the latest on that story coming up. >>: and james the world cup history to cooper kron4 news that seven stars now. never mind. we have hot spot to talk about whether his an amtrak train. while walking with earphones in. villa--a teenager hit and killed by an amtrak train. while walking with headphones--aerophones end. gephardt an 18-year-old girl is dead after she was hit by a train she never heard coming. the incident happened last night around six in san leandro. police say brittney silva was wearing earbud headphones when the amtrak train hit her on hesperian boulevard. witnesses tried to warn her, but she could not hear them. the family has a memorial set up next to the tracks. silva was a straight a student accepted to two different universities. she wanted to be a doctor. another lawsuit is expected this morning in the deadly roof month. from a family of one of the students who died in the fiery crash. 18 year old ismael jimenez.who was a senior at inglewood animo charger high schoo

official says two airbus a-23 jets crossed paths at take-off and came within a second or two of hitting each other. >> it happened two weeks ago. jeff pegues is in washington where an investigation is under way. jeff, good morning. >> reporter: good morning. and good morning to our viewers in the west. with passenger planes sometimes traveling at more than 500 miles an hour, there is very little room for error. this appears to be another case where an air traffic controller made a mistake and put two passenger jets on a collision course. just after 10:00 p.m. on may 9, two united aircraft prepared for take-off. flight 601 heading for vancouver. air traffic control instructed the pilot to take off. at the same time another united flight, 437, had already departed for mexico city on another runway. the vancouver-bound flight was also told by air traffic control to turn right, putting it directly in the path of flight 437. >> 601, thank you turn right, right turn heading 340. >> the planes were less than a mile apart, a distance which in the air is only a second or two from the impact. >>

took off from philadelphia headed to orlando yesterday. 20 minutes into the flight, the twin engine airbus got rocked. >> all of a sudden we just feel this boom and the plane felt like it dropped 20 feet down, shoes were flying, cell phones were flying, people were screaming and it was very, very, very scary. >> the jet made it back to philadelphia safely. 275 people were on board. >> violence and anarchy are spreading in ukraine this morning. pro-russian mobs broke into a police station sunday. ukraine's interior minister said the police failure was outrageous. they are using odessa as a rallying cry. >> reporter: good morning. we're here in the city of lugansk. this is the most recent city to fall under the control of pro-russian rebels. these men have taken the control of the state security building, they've taken over the town hall and they've built a large camp here in the center of town. they're also building up barricades. these men are visibly nervous about a ukrainian military offensive that started about three or four days ago, which is targeting towns like this one, the ukrainia

. >> reporter: the violent turbulence hitting the us airways wide body airbus a 330 after it lifted off from philadelphia. the afternoon flight to orlando was only at 17,000 feet the airline says, seat belt signs still on. >> brief period of time you felt the airplane was not in control and it wasn't because it was being moved by some pretty intense forces. >> reporter: those forces so extreme that one flight attendant's head left an indentation in the plane's interior according to a passenger. >> it was cracked. the ceiling was cracked. she hit it hard. >> reporter: a 10-year-old girl reported head pain. a female passenger left with neck and back injuries. a 43-year-old man injuring his knees. all told, of the 275 on board, four passengers and two crew hurt. >> are there any medical assistance on board? >> negative. not on board. but we do require it on the ground. >> reporter: the pilot did circle back putting it on solid ground in philadelphia where they did get that medical attention. and last night another flight took the rest of the passengers to orlando. the faa's investigating.

i was working on the airbus 380 certification, and there was discussions about that.ey have engineering and it's equipped to be remotely controlled but that's not at all installed in any aircraft at this point. so the fact that they are implying this is way, way, way off base. >> okay. enough said. mary schiavo, david soucie, thanks so much. >>> filmmakers say a new movie on the 370 is in the works. they're outraged. is it too soon to turn the aviation mystery into a blockbuster? i feel stupid asking that of course. of course it's too early. 11:00 a.m. eastern, can't wait to hear that conversation. >>> still to come in the "newsroom," donald sterling formally charged by the nba and now facing termination as a clippers owner. jean casarez is following that story for us. good morning. >> good morning, carol. yes, we do have formal charges now. it is the nba verse donald sterling, and there are allegations here that are brand new and make this much more serious. we'll have more, right after this. >>> it is now official. the nba formally charging donald sterling and setti

i want to give you a quick look at airbus, up over 6%. better than expected earnings, upbeat reports, too, as far as the a350 jet is concerned. still on track for delivery, dodging some of the costs that investors were anticipating. you can see now no longer underperforming their arch rival boeing in particular. another story we're watching here. it's what's going on in ireland. we saw the yields dip below uk ten-year yields earlier last week. now a lot of the talk is about whether or not we'll continue to see them push below u.s. ten-year yields and whether or not with the periphery in europe, that's the benchmark. we saw france go below but what about ireland, guys? >> lady chatterley, thank you for that report. >> thank you. >> i'm going to stick with lady chatterley. >> i don't know if you can say lady chatterley. >> i'll go with both. >> yes, yes. she's okay with either. >> i'm good with either. >> i learned that term on game of thrones. hyborn. >>> i wonder in the uk if they care about this next story. >>> the nba responding to dona