we will be talking to airbus. the coo of airbus. we'll be asking all about the -350.t news on the a minister --inance that will be an interesting type of currency. they have been doing 3-d manufacturing. that is something we would like to talk to them about and using the industrial internet. and then we will talk to some leasing businesses later on in the day. leasing companies that are going to be at the center of some of these big announcements, we suspect. it'll be great to be here on the arizona cycle. a big conversation is coming up, one of the highlights of my morning so far. i got to talk to the lead singer of iron maiden. he is also an angel investor. pilot and he'll be flying later on during the week. it is a very eclectic air show. we look forward to hearing what he had to say. tech tuesday. they're planning the biggest --nd of job cuts and five he in five years. hans nichols joins me now. give me a sense of the scale of these layouts. >> 5800 was what microsoft laid off in 2009. that was about a fifth of their workforce.

i would prefer if you asked the same question of airbus. >> are you angry with airbus? >> i'm very angry because it is making an impact in our expansion plan. >> can you tell us any more? >> something like that. >> he is very angry. he did go on to say that in general terms, his relations with both airbus and boeing are very good, to use his words. when we watching today? a big role by the leasing companies. could be boeing stated today? boeing's day today? i'm going to have my running shoes on. we will be talking to ge engines. we have an interview with airbus, plenty to discuss with them about what is happening here carried also the euro, could they start selling airplanes in anything other than dollars? that is a topic of conversation. caroline, you have been having conversations about that recently. the score and air asia as well. ecorp and air asia as well. the onevery similar to behind us, john and caroline. i am afraid it is not that big. back to you. >> anna edwards, you have made my morning. i am such a happy man now. bring it into the studio and i will place i

a potential $20 billion deal for airbus. the biggest indian airline is in talks for 200 more a320 jets. welcome to "countdown." ins just gone 6:00 a.m. london. i'm joined by ryan chilcote and manus cranny. manus, what are you focused on? >> this is typically a non-news event. think of england rate decision. -- and bank of england rate decision. what could stop it? goldman sachs says it would happen. next we get a budget in the india, the very first for the prime minister who took power in may. the finance minister delivers it in about half an hour. one guest later in the show says indian is on the verge of a multi-year bull run. with the topt story. federal reserve chaired janet yellen moving closer to a rough timeline for the end of quantitative easing. jonathan ferro had all the details. complacency, word of the morning perhaps. >> on the qe side of things, at least they have a date. october, november. we have a date in the next question is -- what next? they did give us some color on .he exit strategy they said they would

airbus unveils two highly anticipated new jets.e are live with its chief operating officer and the ceo of the rival, boeing. all of that in "the pulse." ♪ >> welcome back to "the pulse." time now for an update on the markets. >> happy monday. look at european equities this monday morning. the ftse 100 up by .8%. stocks are up across the board. aredax, i imagine there some sore heads in frankfurt this morning after the world cup win. euphoria. .9%. certainly some happy boys on the trading floor. big news on the ftse 100 has got to be shire, up by 2.6%. are abbvie and shire getting close to a deal? shire said it would back a takeover. abbvie could bring their tax rate down from 22% to around 13%. you can see why that deal has such a big price tag. elsewhere, we talk about portugal anymore? it feels like yesterday's news. everybody is still talking about what it could mean for the wider eurozone. asset check throughout the year on eurozone bank. the euro keeps pushing higher. big news this week could come on the other side of the trad

we expect to hear that from airbus in the next hour or so on a big day with the airbus with the widebody air 330 neo bein released. >> what do you expect to hear over the next few days? >> reporter: well, it won't be flying today. they believe it will be cleared by the pentagon and the u.s. department of defense in order to leave florida to come over here and to fly at the air show before the end of the week. we have heard in the past they did believe the f-35 was going to fly during media days. we are here on media days and it's not going to happen. so it will be interesting to see over the next day or two if it gapes clearance, but they believe it will be flying in england by the end of the week. >> so phil, great work. thank you for keeping us updated. now we'll take a quick break, but coming up on "worldwide exchange. "plenty of action as we get into the flood of earnings from the s&p 500 this week. stay with us. >>> welcome back to "worldwide exchange." here's what the european markets look like so far this morning, the ftse is higher .74%. por portugal is seeing a bit of a reco

jen's for airbus's eight 330 and a fresh order for a330neo. a strong airbus showing. hans nichols is back from left to talk- from lufthansa planes with us. who is placing this new order? >> it is indigo which is india's biggest carrier. they want to order some 200 planes. the catalog price is $100 million. that gets you to a $20 billion order. it will probably end up lower than that. this is all according to a person familiar with the matter. it is about heating up the market in india. other carriers have tried. you look at the numbers, the number of flights people on the subcontinent take. 1.8 flights per year per american. 1.0 for a german. zero point two in china and 0.1 in india. the last hour, we were talking about rail may be making a comeback. but planes are clearly going to be part of the future. if they can get the financing, the infrastructure and the safety clearance there is going to the a massive market. you will see a competition they're just like you have seen elsewhere. at least with indigo, airbus appears to be winning. >> it is going to be fascinatin

first up is airbus chief operating officer john leahy. details from bowing when we sit down with chief executive jim mcnerney. plus, john harris to talk about the defense market. all of that and more next. in the meantime, follow me. we will be back. i ♪ . . >> germany rejoices. it raises the golden trophy for a fourth time after a stunning world cup when an extra time. extra time. ready for takeoff. airbus unveils two new jets. we are live with the chief executive officer and rival ceo of boeing. a 31 billionck pound offer.

it loses on fuel efficiency and other airbus models. wings anded with new fuel-efficient engines down below. the big difference here is that customers have an option of choosing makers for engines. it looks like they will be exclusive. right now, they have 80% of the market. this is a way to extend the life line and it has been successful. new leasenew you -- a on life and bridge the gap. the dreamliner becomes available and can go head-to-head. it isou go head-to-head, more expensive and probably more cost-efficient. >> it is balanced. 330 and it is interesting to see how they do it. one of the criticisms is that they have been too complicated and what they are trying to do on the engineering front. keeping it simple and making it out of aluminum. storage versus fuel starts to even out a little bit. it is like buying a pickup truck in the united states where they are nice and cheap instead of a fuel-efficient car. at some point, it is better to buy a big one. >> i thought you were making the analogy to the fuel-efficient fryer. you spe

airbus abouting to this. they believe it is airbus' fault. is angry because they believe it is airbus' fault. i was talking about the relationship. are they getting on with anyone any better at the moment? he was playing it calm and being the politician and suggesting they had pretty good relationships with both. you could see he was kind of angry with airbus management over the a-380. the 350, its with is understandable why airbus is extending the life of the a-330 with new engines. it is much easier to redesign the wing and slap new engines on and bring those points to market than it is to invest all of the r&d into a brand-new plane that could run into any number of different problems. neo has been the fastest selling jet in history. >> it is a redesigned model that dates back to the early 1980's. washe star attraction missing in action. the lockheed fighter was supposed to make its international debut at the show, but it remains grounded back in the u.s. because of an engine fire. peter cook has more on the latest setback. how big of an i

the air asia chief executive gave the ceo of airbus apex on just fernandez, himself. fernandez about his enthusiasm for airbus. >> i think it is one of the greatest aircraft ever made. there is not a lot of choice, and for four years, i kept pushing airbus to reengineer it. i said it would be a killer aircraft. the 350. but to their credit, they ran , back and took a look at it. >> you told me you have been harassing them. how long were you harassing them? >> four years, four years. i was. they told me know in many languages. to their credit, they came through. they built a new playing with a new wing, it will save us 14% of cost and allow us to grow quicker. >> is not just airbus and boeing. the makers of the world's fastest, most expensive private jets are there also, and we are talking about gulfstream, and the latest model can deliver you and your closest friends want to go at nearly the speed of sound. >> we are sitting inside the gulfstream. it is the largest business jet available. it is the longest range of business aircraft. the largest cabin. and it is also

i caught up with the cfo of airbus group announcing about the recent combination that airbus has beening. in the first place, having the 225 combination. number one, we're seeing an exceptional cancellation in there, which accounts for 70 aircraft. take that one off. but then we're approaching the end of the 8320 co and that means an aircraft we have success in the production plant. the overbooking, they need to go somewhere. so they are progressively converted from cos into neos and that's where you see in the order book revolution, the cancellation of the co coming back as an intake on the neos. if you take that one off, as well, we are at the normal level of cancellation. so monitoring the order book closely entirely, but not necessarily at normal level of cancellation. >> you've decided not to raise the guidance, despite the high level of orders. why are you still cautious? >> as we speak end of july, the net orders, so cancellations, already stand at a book to bill above one. but to be honest, what the number is going to be at the end of the year, i'm sure the team are going to b

not airbus fan. jon: not an airbus fan. jenna: maybe a bike seat, maybe? no. okay.lot of people's sunday plans went up in the air when a mysterious smell forced the evacuation of about 100 homes. what was this weird odor? >>> also actor and comedian tracy morgan now filing a lawsuit against a major retailer. no funny business here. after a deadly crash left him critically injured. avo: waves don't care what age you are. take them on the way you always have. live healthy and take one a day men's 50+. a complete multivitamin with 7 antioxidants to support cell health. age? who cares. but parallel parking isn't one you do a lof them.ings great. you're either too far from the curb. or too close to other cars... it's just a matter of time until you rip some guy's bumper off. so, here are your choices: take the bus. or get liberty mutual insurance. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. see car insurance in a whole new light. call liberty mutual insurance. could help your business didavoid hours of delaynd

about airbus? the shares are higher by almost 4% and you see an uptick of 10% that delivers more aircraft. they saw significant increases and they saw net new contracts. still, not much love out there. there are civil aircraft. let's have a look at the worst performers this morning and the oil companies have significant exposure to run out. the key one as ben productions at a record low and they see it. do? are they going to there is going to be a turnaround. >> thank you very much. it is time for the bloomberg top headlines. let's talk about the sanctions that increase the pressure to get vladimir putin to back down. energyking sector and experience sleeping sanctions today. confrontation is not a new cold war. the military chief has ruled out a truce and plans to win on the embargo. the dozens of targets were struck in the last 24 hours. latestrs await the policy decision. leastprobably the anticipated decision in month old up it reduced monthly purchases to 35 billion last month. lawmakers were

both airbus and boeing courting our next guest for a big order. the winner, airbus. the a330neo, 25 firm orders. phil lebeau with another first on cnbc interview with one of the deans of the industry. phil. >> reporter: a man who the airbus ceo himself, carl, said, if steve says it's good enough for selling a thousand, i'm going to do it. you're joining us, ceo of air lease corps. give us perspective as the launch customer for the new a330neo. why do you want to be in that space so bad? the largest component of the wide body market is 250 to 350 seaters that can go anywhere from 2,000 to 5,000 miles. that's about 80% of the wide body market. >> you brought up a great point, people are losing sight of the fact the aircraft age around the world is still very high. >> yes. >> planes that you're ordering now, how old are planes that they're going to replacing. >> anywhere from 18 to 25 years old. >> with almost 100,000. >> yes, 100,000 flight hours. >> when you look at that, in your opinion it's a no-brainer in terms of fuel efficiency? >> absolutely. fuel efficiency, lo

china is nearing in order for airbus and boeing.ot sure if it will be the 737engine offering, or the max. it is the new single aisle jets offered by boeing. they will also be looking at the 777, the wide-body workhorse. knowing is upgrading that plane in the coming years so it will be more fuel-efficient. it will have composite wings and things of that nature. orders for that have been quite strong. asna make it attention farnborough begins today for its weeklong show. >> you listed would boeing is changing, any other announcements from aircraft manufacturers as to what they are changing? >> let's stick with going for a moment. is will please airlines, but it may not please passengers. they are squeezing more seats into that 737 single aisle plane. thet isn't tight enough in air these days. >> exactly. it is going to get tighter. they will seek as many as 200 passengers served remember, this is a plane that originally had about 100 dirty or when hundred 40 seats. as a make a longer, they stretch ,nd squeeze in center seats really. t

you have airbus chief operating officer. and then you will have david joyce.sissect mario recent comments. do not miss that one. all of that coming up at the top of the hour. and citigroup -- banks and citigroup, they agreed to pay $7 billion to resolve claims it misled investors about the quality of mortgage backed bonds sold before the financial crisis. eric holder yesterday -- >> the bank's misconduct was egregious. the bank has admitted to its misdeeds in great detail. it jet or lives and livelihoods -- it shattered lives and livelihoods in the country and around the world. it took a $3.7 billion charge in the second quarter to cover the cost of the settlement. it is not exclusively focused on punishing bad behavior. explains the question. consumernefits from relief? citigroup has agreed to pay $7 billion to settle government claims over fraudulent activity. holder that eric described as egregious. jpmorgan settled similar allegations with $13 billion. the citigroup find will fund similar efforts. underwater homeowners will be able to modify their existing

the group's ceo has booked its latest deal with airbus.irbus expects delta air lines to place an order for the more fuel efficient model. stephane, what are we talking here in terms of numbers? are we looking at guidance being raised? >> yeah. it's in a good way rather than setting too high for this target. that's the target from enders and actually the company is nearly there. if you take into account the order placed by asia, 50 units. plus perhaps an announcement shortly. they talk about it, because the announcement will come shortly. they've announced so far this week. the company hopes to deliver and to deliver the orders below the number of deliveries. that's 600 and something, that's the target. >> we'll have to watch the monetary chief. this is what they were taking about the euro and how they're managing to reshape the bit. >> they did it in the past. it's not a huge amount. perhaps selling mover planes to be less exposed to the exchange rate. it's what the ceo of the airbus group told me at the air show. that's the strength of th

involves an iran airbus. that's a wide body jumbo jet. it had 290 people on board today as it was flying from a town along the coast of iran to dubai in the persian gulf. it crashed into the gulf. all 290 people on that plane are believed to have been killed. now, the iranian government, the military is saying the plane was shot down by missiles, that they came from u.s. forces in the persian gulf. the defense department in washington has said so far it knows nothing about the plane being shot down by missiles. it cannot even confirm the plane was shot down. >> throughout the morning, military officials were certain that u.s. naval forces in the persian gulf had shot down an iranian f-14 fighter jet. now they're saying they're not so sure, leaving open the distinct possibility that a u.s. missile may have been responsible for the crash of that iranian civilian airbus. >> seeing this footage from the day is fascinating because those two clips were from the very initial reports, the first nbc special report as the news was first coming out

involves an iran airbus. that's a wide body jumbo jet. it had 290 people on board today as it was flying from a town along the coast of iran to dubai in the persian gulf. it crashed into the gulf. all 290 people on that plane are believed to have been killed. now, the iranian government, the military is saying the plane was shot down by missiles, that they came from u.s. forces in the persian gulf. the defense department in washington has said so far it knows nothing about the plane being shot down by missiles. it cannot even confirm the plane was shot down. >> throughout the morning, military officials were certain that u.s. naval forces in the persian gulf had shot down an iranian f-14 fighter jet. now they're saying they're not so sure, leaving open the distinct possibility that a u.s. missile may have been responsible for the crash of that iranian civilian airbus. >> seeing this footage from the day is fascinating because those two clips were from the very initial reports, the first nbc special report as the news was first coming out

airbus can sell in euros.t would create stability for airbus and air france so that we can avoid this exchange rate. >> can the euro be an alternative to the dollar considering that 60% of the central banks are in dollars? can diminish financing costs in our economy by laboring -- by labeling more and other currencies. this is not a fight against dollar imperialism. ,he goal is to find stability to reflect the financial and economic reality of the world so that the world can be more stable. >> do you think we are going to see more european banks get a f ?ne, just like bnp did >> yes, other european banks are concerned i the same western street but the past is the past. the u.s. justice system is independent. but we are looking at a future. it is in the interest of everyone to create a better balance between our currencies. >> is the french government going to take the lead in this battle? >> france is in europe, so it is up to europe and the eurozone, in particular, to lead this argument. >> jonathan ferro joi

if airbus has -- how many countries are represented? like three of them? and they are also -- their individual manufacturer's in all three of the countries are going to get support. >> the fact of the matter is $37 billion or whatever in lope guarantees and loans it made last year, a lot of it goes to small business. a lot goes to boeing but these are mom and pops. >> they say it goes to rich -- i think they are worried about the dubai airlines. >> they buy it at a discount. we were talking about the treasury, this settlement that they will have with the benghazi thing and all this, where does the money really going? >> it's going to the justice department, a lot of it. >> what does the justice department actually do? >> i would hope that they would somehow get it back to the victims who bought these securities. >> jp momorganjpmorgan's settle lot of money now. >> it's a great piece to work on throughout the course of the day. how much of the $7 billion goes directly to the justice? it's in the piece that tells you a number. >> $4 billion is not in cash. s

one guy says maybe airbus will install pedals and then they can save on fuel costs.s, bicycle seats on a plane, are you kidding me? looks like a gym. >> gyms look better than that thing by a long shot. >> this -- that one -- this person says, bring on the bike seats. dying to try this. i can pay $100 to fly across the country round trip. and finally, -- not working -- kinks in the system -- this guy says he done think airbus has to worry about anyone stealing that patent. >> why not patent it if you think you might use it. >> the airline wanted to come up with this. >> put you on bicycle seats. i'll pass. we'll be right back. >> a mom says she taught their three-year-old son about the duane jerry of getting trapped in a hot car and he used that lesson to help save an elderly man who was stuck in his car. happened outside a church in knoxville. a man says the car door wouldn't open from the inside, he was trapped for five minutes. when he saw the. boy walking around the parking lot and he started yelling and mouthing, i'm locked in here. the little boy ran inside and

it was a blow to airbus trying to attract a new customer.piken air is facing in cancellations after its second disaster in 4 months. cancellations are climbing over 20%. the airline said it would refund fares. that is including nonrefundable ones. deutsche bank, profits are down. missing the average million dollars. they cited concerns about sanctions in russia. -- it has done pretty well is a ubs. with cranny is in zÜrich the details and an interview with the ceo. tell us more. yeah, i think we look at the top line numbers, they are up. that is great. and i caught up with chris wheeler. they decide to step back. equity markets and the debt are doing well. equities are the low. also balance, trading down. the gross margin on the climb coming in asai has dropped. isically, aging clients where they are seeing the big drop in activity. they go on to say this bank is becoming more dependent on asia. that is where more business came in, 90% of a business. those are the numbers when it comes to the issue, it has done that with the germans. they st

airbus consultor air france and euros. it would create stability for airbus and for air france. avoid this exchange rate risk. opened an sachs private lending unit in europe according to the financial times . the bank introduced the business for private wealth management clients. looking to build a $5 billion loan book within three years. ukraine's government says its forces have retaken two more eastern cities from pro-russian rebels a day after government forces regained control of another rebel stronghold. let's take a quick look at how the european markets are trading this morning. manus cranny has more. >> markets are having a tough time because the perspective is a little contagion in the form of germany i'm a factor orders coming down for the third month in a row wrapped into unemployment rising for two straight months and you begin to understand why the world is a little more concerned the core of europe to be slowing down. wrap that into what goldman sachs perspective is on the timing of interest rate hike for the united states of america. they say it is pulling it forw

today airbus launched the new a330 neo. 14% more fuel efficient than the current a330.e wide body, so it's targeting the dreamliner section of the business, between 250 and 350 seats. the airbus ceo says there's clearly enough demand there to sell at least 1,000 of these new planes. >> we listen to our customers. if we take, studies, i believe his's right we can sell more than 1,000. these very typical after ten days, two weeks after active marketing, we get the big names of the company -- it will really be a big success for us. >> as you look at shares of airbus, what fabrice was talking about, is steve haase, he is the ceo of air lease corporation, one of the launches customers for the new a330 neo. so the fact that we are seeing so much optimist from boeing, from airbus, a number of other companies. when we talk with their executives. they don't think we're near the end of the peak as far as aircraft orders. >> not a way to spend a bastille day. some solid orders. phil, you've been working literally since last night our time, so thank you. we do appreciate it. he's b

airbus has a new idea on how to do it.re device. >> it's like you are sitting on a bike? do you take those take those spin classes? >> yes. >> how do you feel when you get off that bike? it's going to feel like you got off of a horse, not a plane, when you get to your destination. >> it seems you almost have to pedal to power the plane to save on fuel. >> this is a real patent by airbus. it definitely does look like a bicycle. there's no back rest, no tray table, no headrest, why in the world would a passenger plane be designed this way? packing in more people to save a lot more money. here's the good news. it's more idea than reality. airbus this type of idea will never be developed but in case the future of aviation makes it relevant, it wants to make sure to protect its idea. this season the first crazy idea for airbus. it's also got a patent for a cockpit without windows that plane would only fly using instrument and technology. nuts? why put these crazy ideas into patents? look at the business of flying. it's always c

announcing a $13.8 billion deal neos. 50 of airbus's new ♪ >> yahoo!ing back the number of shares or can sell in the ali baba ipo ensuring it continues to benefit. ali baba and investors other than yahoo! are likely to make up the difference by increasing .he number of shares people familiar with the matter have told us. yahoo! will return at least half the cash it reaps from the ali baba ipo to shareholders. mulally's appointment to google's board less than two months after the technology company unveiled the latest drivinge for itself car. intel, the world's biggest semiconductor maker forecast three-quarter -- third quarter third quarter sales that topped analyst estimates. it will be 14 $.4 billion. the company says the forecast has fueled optimism for a stronger rebound in the pc market. welcome to "countdown." >> get ready for airbus. dealmade a $38 billion yesterday. with air asia. tony fernandez on why he decided to bet big. >> it is one of the greatest aircraft ever made. four years i kept pushing airbus. look.an back and took a >> how long ha

he expressed his intention to continue negotiating with airbus. skymark could face a massive penalty for violation of the contract if the talks break off. the airliner was planning to start international services using the a380s later on this year. >>> japanese government officials have released a picture of the employment situation that's got some people a bit confused. the number of jobs available has been rising. but it seems they're not the right jobs for those who are looking. officials at the internal affairs ministry say the unemployment rate rose 0.2 points in june to 3.7%. the figure went up for the first time in ten months. labor ministry officials say the ratio of job offers to seekers edged up to 1.1. that means for every 100 job-seekers there were 110 positions available. the officials say there were more jobs in medical and public welfare and in manufacturing but these fields aren't necessarily a good fit for those looking for work. >>> families across japan are making more and more cutbacks. they've spent less on household items for

they were going to purchase two airbus a-380 jumbo jets this year but they suffered for losses for the fiscal year that ended in march for the first time in five years. they blame growing competition with low-cost carriers and soaring fuel costs. the weaker yen drove up the cost of super jumbo jets. the executives are thinking about buying smaller jets instead. they say they are negotiating their contract with airbus but may be forced to pay penalties if they decide to cancel it. >>> japanese leaders are trying to change the face of their work force. they are encouraging more women to take on senior roles and the plan could benefit some other workers too. nhk world's jun okawa explains. >> reporter: this cafe opens at 7:00 in the morning. she works there alone, 12 hours a day. so she asks a housekeeper to come once a week to help keep her home tidy. she pays about $65 for the housekeeper to come for two hours to clean her bathroom and living roo she says it saves her a lot of time. >> translator: i have time to cook but i don't have time to clean my house when i'm at the cafe all day.

. >> one of them being airbus? >> the two are related to airbus.ers for airbus, and they make some of the products for airbus. we are trying to recruit a lot of the tier one suppliers for airbus. the national governors association a very collegial atmosphere. i understand governor pence will be heading to that same exact airshow. me about competition between states for these kinds of deals, competition with other countries. what are you dealing with? >> i talked to governor pence three months ago and said, are you going to go to the airshow? he said, i don't know anything about that. i said, have your commerce department get in touch with ours. we helped them because i think this is a state issue. anyone who has aerospace industry needs to go to the airshow. this is the hardest three days i ever worked. it is very important for us to try to recruit jobs and talk to these companies. >> what kind of help are you getting from the federal government in terms of recruitment? >> to be honest with you, it is a state issue. states compete with each other.

. >> that's right, that's airbus and boeing, the giants we are talking about. they always have sort of a rivalry going at any of these industry shows. european-based airbus had been edging ahead with nearly three times as many new orders, but u.s. boeing has gotten a little boost today. qatar airways has finalized the generation 50 new planes made by boeing. the deal, worth $18.9 billion. china's hine on airline has agreed to purchase $5 billion worth of aircraft. planes are for those made by a trans-atlantic joint .enture it is obviously a battle for domination of the market playing out both on the ground and in the skies. this report from our correspondent from the airshow. >> it's one of the stars of the airshow. just a year after its first flight, it is already in the final testing phases. this long-haul air carrier is on a mission to take on boeing. >> since its launch, the 350 has been pitched to compete against and triple's 787 seven fleets. so far, this positioning has been successful. we already have 740 orders and 38 customers for the day-350 before d

airbus dominates the first day of the air show by taking in $21 billion worth of orders.t comes to just under $8 billion in sales for eric bolling. the airbus sales blitz included a big order for its new wide-body plane called the a 330. watching you watch tv, facebook starting to solve its monitor each time you view a shell on mobile or tablet. that info was sent over ratings company, nielsen. that is the latest from fox business giving you the power to prosper. melissa: a live look at our studios in new york, the sky looking very ominous. national weather service issue in a flash flood warning for new york city and southern new york state. scary pictures. when life gives you lemons just return it to tesla. we told you any girl about a first-ever lemon lawsuit filed on behalf of the test model-s under. >> he was in the shop 66 days, the car wouldn't start. the batteries wouldn't holds the charge, the doors wouldn't let him out. wiring harnesses were replaced. melissa: 68 days later refund has been repaid by to as low. the exclusive interview with the attorney -- the king

shot down an iranian airbus. they couldn't tell it was an airbus. they thought it was an f-15. this is very easy to do. the problem is putin has put too many weapons in that part of the world, in europe, and i wouldn't say it's inevitable, but the violence will spread if this conflict continues, and the russians continue to arm the eastern ukrainians. >> i think you're probably right there. one of the things is if this crash happened anywhere else in the world, there would be a protocol in terms of the investigation. this is rebel-held territory. who knows what's being done at that site. that's obviously a big issue, too. >> well, who can trust the russians at this point. i mean, this has been all sort of a covert policy. 1998 the united states did a report and compensated the iranians. i don't think we'll see that from the russians. it's not the way that country works. >> all right. bob, we'll leave it there. thanks so much. former cia operative and cnn analyst, thanks so much. >>> malaysia airlines has released a partial list of nationalalities of the 298 people onboard fligh

the new airbus a 350. the boeing 777-x. what. liz: what is that like, 777x. >> carbon fiber.a range. like size of your studio. it is so large. great comfort. they will put in lots of new seats for customers. a lot more flight capacity. wider seats. better inflight entertainment, more 500 channels 9 things like that it is wonderful. liz: you are really putting money up front and airlines are leasing it. which airlines are your biggest customers, ray? >> it is quite broad based. singapore airlines is our largest customer. in the united states we have united, american airline, air canada. latam in latin america, qantas in australia. is really broad based. the key thing that airlines have 40% of their costs wrapped up in fuel. so they're pounding table for more fuel efficiency. that is what boeing, airbus, bombardier are giving them. liz: they're all trying to do that. as you run one of the world's largest aircraft companies, there is this word, you guys are valued, throw it out there, at $13 billion. at some point aren't you so big you should go public. >> it an interesting scen

today, boeing, let's start with the airbus deal. this is a big order.his trend toward olderg new things on aircraft. >> absolutely. yesterday, air lease corporation place an order for an additional at21 aircraft. it hold up to 240 passengers and it is a very economical aircraft on a worldwide basis. >> do you like this idea of putting new engines on older models? it make sense to you? >> it make sense for the airlines. they get about a 15% savings in fuel, lower maintenance costs, lower emissions, environmentally friendly, they are quieter, so it is a positive step forward. >> what can you tell us about the aviation cycle, that the leasing companies are playing a big role in fambre this year. >> aircraft leasing has become a mainstream way of airlines financing their airlines. other large customers of airbus. >> that is amazing. somethingn getting cyclical. >> yes. factor, the marketing distribution channel all over the world. >> where do you put these aircraft? where do you see the demand coming? >> markets in asia, china, latin america, europe, middle

airbus can sell it to air france in euros. it would create stability for airbus and air france. so we can avoid this exchange rate risk. euro really be an alternative to the dollar considering that 60% of the reserves of central banks are in dollars? diminish financing costs in our economy by labeling more than other currencies. this is not a fight against dollar imperialism. ,he goal is to fight stability to reflect the financial and economic reality of the world, that the world can be more stable. >> do you think we will see more european banks get a fine like bnp did? europeanhere are other banks which are concerned by the same questions. but the past is the past. the u.s. justice system is independent. but we are looking at the future. it is in the interest of everyone to create a better balance between our currencies. >> is the french government going to take the lead? >> france is in europe, so it is up to the eurozone to lead this argument. ministerench finance speaking -- seeking to bolster the euro's role in global trade. for more, let's bring in jonathan ferro. is this

emirates tour airbus apart yesterday. -- tour airbus apart yesterday.mince any words with airbus. this is something we will cover on surveillance. there is something going on between boeing and airbus. i don't know what it is. >> they all want the wide-body volume. that is where the growth is. >> and has changed from narrowbody to wide-body. the seo of boeing about month ago. i think he's got it going. >> -- spoke to the ceo of boeing about a month ago. he's got it going. >> angela merkel has been chancellor of europe's economy for eight years. she turns 60 this weekend has a 71% approval rating. you might ask, is this as good as it gets? especially when you consider the fact that germany actually has an infrastructure problem. that is the latest article in blimp -- bloomberg businessweek. put it into perspective. how much worse is germany's infrastructure than ours? >> shockingly bad. they have one of the lowest investment grade, both public and private, in the oecd. among the industrialized economy. shockingly, germany's roads are bad. the autobahn is

those airlines here fly airbus, so we're not going to see this plane at those airlines. going to see it at delta or american, at least not configured this way and not at united. so there is some good news in that front. if you're flying a discounter that uses the 737, they're going to love this plane. >> i'm glad you're optimistic because the way i see it is it works for the low cost guys and united and delta start sneaking them in there. >> they need to make their money in the first class cabin so i'm sure they're not above going into the back of the plane. if they could find a way to add another row, they may in fact do it at some point. >> they'll sneak it in there. >> but it won't be the whole plane. >>> speaking of airbus, they're announcing a big competitor plane to boeing, which of course is the biggest exporter from the united states. boeing is the biggest u.s. company in many ways, but they say it's going to cut fuel consumption and compete with the dreamliner, the 787. is this going to take business away from boeing? >> i think basically what it will do is main

airbus tend to save their big orders for the paris air show.e looking at some of the technology change. perhaps a new engine on the eight 330. -- the a-330. there is plenty of technology news coming. >> we have to leave it there. it will be a challenge for lufthansa. let's see what they and they'll. there.ymour we are going to be back in just a couple of minutes. stay with us. ♪ >> i am manus cranny and london. this is "on the move." justin king is leaving sainsbury's. his exit is not going to be graceful. here to tell us why is caroline hyde. caroline, why is there so much controversy? i know he got paid a lot over the last 10 years. is that the reason why there is rancor? >> i think it is about his last paycheck. this is a man who is going to be paid more than double of any of the other rival grocers. morrison's., justin king is set to take away 3.9 million pounds. lower add, that is 22% than last year. edis is a man who has waivw his 1.7 million severance payment. head of aonly grocer to take home a bonus. maybe he should. he saw a record pr

the us had been exchanging gunfire and mistakenly took the air 330 airbus for an iranian fighter jet.e years before that, in september 1983, a korean passenger plane, with 269 on board was shot down by a russian fighter jet after it accidentally strayed into then soviet airspace. the soviet government first denied involvement. >> let us now listen to the tapes. >> but at the u.n. security council, audio tapes made it clear, it was a deliberate act. >> in both of those cases, there had been something else going on in the area the day before. in the ukrainian case, something was shot down the day before. so it's possible that people on both sides of the border, russia and ukraine, were seeing it through the lens of the continuing activity that's been going on on that border and thinking, this was not a passenger plane, but thinking it was a military plane. >> in this case, denial is possible again. the ethnic russian opposition controls the ukrainian land where the plane crashed. and the rebels claimed to have already confiscated those crucial black boxes, vowing to send them to russia,

for four years i kept pushing airbus to re-engine this.y were fixated on the 350. >> you told me you were harassing them. >> i really was. >> how long have you been harassing them? >> four years. they told me know in many different languages. politely. they came through. they built a beautiful looking plane with a new wing. it will enable us to grow much quicker. tony fernandez, air asia ceo, no end to his talents. he runs airlines, designs planes. elsewhere in company news, these are the big ones. the pentagon has confirmed that they f-35 will not make it after the fleet was grounded by fire. the manufacturers, lockheed martin, hope to boost foreign orders. shares of qantas fell on the announcement that the carrier will remain majority-owned by the australian government. australia backed down on its proposal to allow increased foreign investment and will keep a 49% cap on foreign ownership in place. the airline has been forced to cut jobs and sell aircraft. a battle with virgin australia drove it to a loss in the first half. that is your

that was a huge win for airbus.he world's biggest aircraft order and today, a big part of that has been confirmed up ahead of the air show kicks off on monday. the big question now is how does emirates actually get their airplanes? because boeing and airbus are going to struggle with the ramp-up. ok. we are going to move on. still to come, sainsbury's fight back. just as justin king hands over the reins. we will talk about that story when we come back. ♪ >> good morning. welcome back. you are watching "the pulse." we are live on bloomberg television, on the radio, streaming live on your tablet, your phone, and bloomberg.com. we have the markets covered. over to you. >> in a couple of words, snapback. that is what you are seeing on european equity markets. gains across mainland europe. .9% down in italy. germany and france on the move higher. these moves higher is not the story of the last few trading days. check the u.s. market out. 17,000, u.s. equities have met gravity. check it out. down .7% on the dow yesterday.

an airbus is launching a new and willf its airline make it official at the air show in britain next week. the new model will go under the neo and will have a more fuel-efficient engine. that is the business news for now. >> back on the half hour with more headlines. up next, revenues. >> welcome to the web news with our pick of the stories making the online headlines. show, up on today's reacting to the escalating violence in gaza. and a hunger campaign draws heavy criticism, and using legos to raise environmental awareness. it has been a fresh upsurge of violence in the middle east after the murder of three israeli teenagers in the west bank. israel launched a military operation on july 7, and are backed by the people who want to avenge the death of the three youth. some are questioning the prime minister's intentions and making ironic comments about the name of the operation that translates as solid rock. some say they should have called it deja vu. pro-palestinians have been protesting. some media outlets including the pictures areof the not authentic, actually from syria and direct.

ask this in front of airbus. >> are you angry?s making an impact on our expansion plans. >> can you tell us more about what is holding back the aircraft? >> something like that. >> certainly not holding back his opinion. that is it for today i'm "in the loop," tomorrow, we are joined by joe torre and bill rudin as well. ♪ >> 56 past the hour, bloomberg is "on the markets," i am alix steel. 30 minutes into the trading day, here is where stocks are. a rally underway for stocks, the s&p up .3%. between fox and time warner and a business partnership between ibm and apple pushing up .6%. data coming out of china, the economy growing 7.5% in the second quarter. for the first time in three quarters. ofders awaiting day two janet yellen's testimony. the fed beige book at 2:00 p.m. shares of bank of america sought profit declined 43% as it spent $4 billion to cover litigation costs. revenue from trading fixed income currencies and commodities rose 5%, aided by improvements in mortgage and municipal bond activity. wall street second-quarter

and airbus said for now, it's just a patent application, and nothing more. design is only a concept and it has no plans to install them on airplanes any time soon. but i would argue that they're tight as they are. no leg room, noel bow room, and things get worse, when the guy in front of you reclines his seat at the expense of your space. the only thing worse is getting stuck in one of the middle seats, let's pray that the airlines don't take tight to the next level. i'm ali velshi, thank you for joining us. >> hi, everyone. this is aljazeera america, i'm john seigenthaler in new york. no troops, the push for a ceasefire fails, with israel and hamas stepping up the attack and the wore of words. and cost of cholera. in haiti. the human toll and the epidemic. >>> a opening, a medical break through with a small contact lens for diabetics. and losing gammel.

it is a new concept from airbus, european airline maker.ause you're packed in close and tight and you don't have much leg room. stand up virtually straight. looks like you're standing up actually. nicole, i will go around to everybody, would you book a plane flight with a seat like that? >> a little bicycle seat. i love first class and champagne. i love private helicopter. i like a lot of trips. if this means i can take a lot of them, just start off, you know, i will sit like a just, like this. i won't even move. i won't breathe. take me somewhere hot and with a palm tree. stuart: look, i'm going to weigh in as well. i think it's a very short trip and price is very low i will take a seat like that. how about you, michael? >> i would rather not. you know, doesn't look at all comfortable. almost looks like a medieval rack. as you said, stuart, only will work for passengers if it is short haul flights, an hour or less. i see it having limited use for that reason. stuart: how but, trey? >> hear it for the free market. put something out there. i

and airbus said for now, it's just a patent application, and nothing more. design is only a concept and it has no plans to install them on airplanes any time soon. but i would argue that they're tight as they are. no leg room, noel bow room, and things get worse, when the guy in front of you reclines his seat at the expense of your space. the only thing worse is getting stuck in one of the middle seats, let's pray that the airlines don't take tight to the next level. i'm ali velshi, thank you for joining us. >> cl cl >> announcer: this is al jazeera. >>> good to have your company. welcome to the newshour with me david foster, and these are some of the stories we'll cover in deail in the next 60 minutes. the death toll in gaza more than 200 as israel warped people to get out, as its bombardment intensified. >>> bashar al-assad sworn in for a third 7-year term as president of syri

they have airbus, we have boeing. both of these companies compete in a world market where the financing package is part of the process, and the financing dollars are so great, it would reduce boeing's ability to meet demand, particularly on the 787 dreamliner and others, if they didn't have a bank like xm. do we need to maintain the bank? yes. is there a whole lot of cleaning up to do and shouldn't reauthorize for a long period of time without putting those in place? absolutely. the american people are at risk if this bank is poorly run, if it's properly run, it is a self-sustaining entity that costs the american taxpayer nothing. neil: that is the hope when you alluded to airbus, a european consortium, it has the muscle of a lot of european countries behind it. you're quite right. but there is this other view that if we need the propose of an agency like this at a time like this, then we're hurting more than we think. are you saying that with the scandals, with the abuse and the payoffs, and like i say 40 some odd in

and airbus said for now, it's just a patent application, and nothing more. design is only a concept and it has no plans to install them on airplanes any time soon. but i would argue that they're tight as they are. no leg room, noel bow room, and things get worse, when the guy in front of you reclines his seat at the expense of your space. the only thing worse is getting stuck in one of the middle seats, let's pray that the airlines don't take tight to the next level. i'm ali velshi, thank you for joining us. > >>> israel warns people in northern gaza to leave their homes as the ceasefire looks further away than ever. >>> hello, you're watching al jazeera live from doha. also coming up in the next 30 minutes, 10 dead so far. 150,000 told to leave their homes as a powerful storm strikes the philippines. 200 days and counting. al jazeera's staff imprisoned in