ever for airbus in terms of aircraft numbers sold. >> in 2010, airbus introduced the a320neo, a more the a320 is the direct competitor to the boeing 737. airlines wanted an airplane that was more fuel efficient than the airpnes then in service. airbus chose to re-engine the a320 into what they call the neo, the new engine option. >> it's a record 200 orders for its a320neo. >> it was one of the fastest-selling programs of aviation history. >> and it placed enormous pressure on boeing to respond. >> about 40% of the profits for the entire boeing company came from the 737. >> the 737 was the best-selling commercial airplane of all time. >> the 10,000th 737 aircraft is going to roll off the assembly line today. >> more than 10,000 of these airplanes have been used by hundreds of airlines all over the globe. >> the official 737 christening ceremony took place in the new finaassembly building... >> what always amazed me is that the 737 was first introduced when the beatles were still together. >> right. >> january 17, 1967. flight attendants christened the first boeing 737 by smashing cha

when do you think that is going to translate for airbus?llaume: you make a good connection between the reopening of the north atlantic and the water situation. what we see is recovery on domestic flights. we are still at a very lopez. it is the beginning of a process. i hope that the opening of the north atlantic will figure other positive use when it comes to long-distance flights. it is premature. we are happy to see this milestone. it is most important and probably easier to get. on the long-distance situation. very good news for the industry. we need to get it right there it i think this is going to be ok. very important for the u.s. and european allies. it will help in the path to recovery. we are very happy with it. guy: some are starting to believe you will easily eat your target for this year. i am wondering whether supply chain issues could have a negative impact. what are you seeing in the supply chain right now? any chip shortages? material shortages? what do you think the energy crisis is going to mean? guillaume: we continue to

especially when it comes to those spice between boeing and airbus. it is, and it's not just a money issue. it's like, it's a national pride issue. boeing is the number one exports in the united states. i mean, we and they, it's not just boeing, it's all the parts and pieces that go into these planes and, and of the, the services that around those airports around those manufacturing plants. all of those things tied together. it reaches bar into our economy and j b a, you know, i want to talk on one more thing that regulators have been looking at. you know, we've seen kind of an unruly passenger situation, a mid flight. what can regulators do about that? and i apologize to give you a time that we do about 30 seconds. this is an easy hazard. federal law says that you cannot, you cannot interfere with a crew. you cannot threaten a crew if you do so. there are fines and, and imprisonment that you will have at this at this time. boeing. i mean f a is enforcing i 100 percent policy, all enforcement, they are not 0 tolerance, i'm sorry, 0 tolerance policy. a

the supplier for airbus is different for the longer distance.u think the chaos we have seen in afghanistan will change the way europe thinks about its defense spending? you think there'll be a long-lasting effect with respect to your business? alessandro: for sure. there is a very significant debate on the european defense in terms of procurement and real operational capabilities. i am sure there will be a growth in terms of spending. it is important for a coordination between the nato system and the structure is an important event for the european defense fund. kailey: when it comes to united states, you have exposure through europe. do you think there is any risk of reduced united states defense spending for afghanistan down the road? alessandro: you remember in february we were in the process of -- at the time the market was worried on the defense budget. then the first defense budget of the pandemic, which came out with a small growth. there would be relative stability. i do not think there will be a cut. guy: in terms of what is happening w

airbus is taking about getting into that space as well.go is a very important part of the market. before the pandemic 50% of air cargo went in the belly of international airplanes. that cargo disappeared when the pandemic started because international travel disappeared. belly cargo is down about 50%. it has slowly come back. with less capacity in belly cargo and in cargo availability, there is more cargo traffic than before the pandemic. cargo has grown. people want speed and the reliability of air cargo. the rise of e-commerce also plays a big role in we are seeing positive orders in our wide-body backlog because of the strong demand for airplanes. we do see a real optimistic view on that. you can see it in our investment choices. we are going for conversion lines were we convert passenger airplanes into cargo airplanes by 2022. that is a 60% jump in our outlook. alix: meaning there is enough space for both you and airbus to be in the freight cargo market? marc: right now we have the good fortune of being able to provide an array of offe

air france has taken delivery of it a new airbus plane which it hopes to reinvent its short haul fleet's operated by delta airlines and continue to sell well. we have more. >> lighter, quieter, and more environmentally friendly, meet the latest addition to the air france fleet and the linchpin around which the airline wants to reorient it's short to medium haul flights, not the least of meeting its own targets over green emissions. >> it's made of composite materials which allows it to be much lighter. it's really the weight that determines the fuel consumption, immediately releasing our co2 emissions by 20%. >> initially conceived in canada, airbus picked up the design three years ago for a symbolic dollar after the north american manufacturer failed to break into the market. air france has already ordered 60 for an estimated $4.7 euros, a huge total and quite the bet for a firm hit by the coronavirus slowdown in travel. this order represents an overall investment of 1 billion euros per year for the group. we have maintained these investments despite the historic crisis we have been t

airbus is one, they're the other. of bad news priced in >> dan nathan. >> that bitcoin, ethereum, the whole conversation of crypto really interests me here i like ethereum. i'm a buyer on dips. i have been this year. i'll be buying it the lower it goes over the next few days. >> guy >> listen, i don't want to get down this mcflurry rabbit hole, but it's a productivity thing. they don't want, they don't want to make the mac flurries they take too much time. it's a pain in the neck. come on. let's call it like it is >> somebody with a bat to the machine? >> go to dairy queen netflix is breaking out by the way, mel i think it continues to go higher >> that does it for us this hour, but do not go anywhere we've got a special bonus edition of "fast money" which starts right after this quick break. flexshares etfs are built with advanced modeling. to fill portfolio gaps and target specific goals. strengthening client confidence in you. before investing consider the fund's investment objectives, risks, charges and expenses.

a relationship with airbus, fantastic. it is one of the strengths this airline has.the great supplier relationship. load factors are hovering around 70%. pre-covid, 86 or 87%. we have a ways to go. we want to add capacity and improve our loan factors. covid to -- covid to -- covid 2 hit really hard. we have improved a lot. international is stronger at this point and domestic. all in all, it is hard not to be bullish on the future. load factors are inching up. capacity is going up. i feel like we see light at the end of the tunnel. >> what will the landscape be like? we have them looking to start a new airline. we have jet airways as well. getting approval to fly. air india as well, would you ever be interested in that? >> what will they do with all of these? will they pull it together? that is a major force in the market. at the same time, the new airline has been launched. i am sure they will be a serious competitor. we look at all of this and say let's get back to the basics. this way we can run a world-class airline. our customer complaints are 1/10. number one, c

you have in easyjet airbus fleet, a whiz airbus fleet. do those two fit together?e was talking about the idea that maybe you see aig almost repeating history, maybe you see whiz getting together with lufthansa. joachim: there was recent speculation that easyjet is unconcerned -- that make sense. wizz air has been quite vocal. they make no secret of their ambitions to pursue growth in western europe, specifically gatwick. that would have given them a fast boost into that market. secondly, there's been a great overlap with easyjet in terms of aircraft. they share their model type aircraft. that third thing is that easyjet is in the middle between the legacy carriers and the ultralow cost carriers. perhaps the model between wizz air and easyjet will prove challenging for the merger. aig taking over, they have been quite vocal, where they want to restart local operations at gatwick. they would -- they have been entering into supply and labor negotiations to restart their low-cost airline. by taking easyjet, that gives an easy access. from a consolidation perspective, t

no surprise airbus is doing better than boeing, given the fact that boeing has had a number of issuesnt that we will see steady, continuous growth and basically a doubling am the global fleet over the next 20 years back to you. >> right now, do you think that airbus will continue to have an advantage, phil? kills me. >> on the narrow body? >> for the near term. >> in the near term, they do have an advantage because you have boeing that is still get ing back from the 737 max. it's lost a fair amount of market share there remember, the max is not flying in china right now that doesn't mean that chinese airlines are abandoning boeing they're not doing that, but the longer it takes to get the max back into service in china, th greater the opportunity it is for airbus to say to the chinese government, look, take a look at our a320 they already know about the a320 it's not like it's an unknown quantity certainly right now airbus has an advantage in terms of the narrow body market. >> it's so important you think american industry and, you know, there's only three or four companies like boein

guy: the ceo of airbus speaking to me about the sustainability side of the company. they are bringing together a number of different perspectives within the industry. alex, are you happy with that? what is the history of aviation story? everyone seems to think 2035, we will get beyond that. alix: i wonder who will be on pace for that. that is the conversation. no matter where you are in the energy transition. this is an entirely new plane. it is not wind powered versus, you know, gas, for example. that is a huge cost. i wonder who will shoulder that. plus you have to have the technology to make that work. guy: that is a key step forward. some of it has clearly not been decided. they have a history of working with hydrogen. we sent rockets into space using the stuff. newmarket tech -- the long haul will be more transitional for some time. we will see transitional -- traditional kerosene for long-haul jets. that hasn't been fully sold yet. we don't have the supplies we need. would you get on a hydrogen plane? alix: i would. i'm not scared of planes. i am scared of spac

but at airbus recently, where they are developing the world?e, i saw them working with 3d engineering, literally shaping components by bringing together particles and matter in a way completely unimaginable in the factory my dad used to work in. i saw young apprentices in a very nice factory and approach came from knowing that they were at the heart of a revolution, building the next generation of hydrogen and battery planes. they felt like pioneers of flight, perched on the edge of a cliff. taking the risk, knowing that a successful one of them would change the world. in scotland, i saw the great potential of power. yet not one of them, not one of them was made in britain. from their manufacturing base in fife, the workforce can see the turbines being towed in from places like indonesia. the next generation of dc when turbines could be our opportunity. skilled engineering, optional work, sectors where we could need the world, if only we had a government willing to lead. applause public funding was an important component of so many inventions.

you have seen tariffs come off scotch whisky and we have sorted out the airbus and boeing dispute thati can tell you that today, what we will get from the united states now is a lifting on the ban on a decades—old ban, totally unjustified, discriminating against british farmers, the ban on british lamb. we will be able to export british lamb to the united states for the first time in decades. kebabs, koftas and lamb burgers will be supplied by britain to the united states for the first time in decades. and about time too was that we want to be able to make solid and incremental steps on trade. the biden administration is not doing free trade deals around the world right now but i have absolutely every confidence that a great deal is there to be done and there are plenty of people in that building behind me who certainly want to do one. ., , ., ., ., one. your desire to renegotiate the northern ireland _ one. your desire to renegotiate the northern ireland protocol— one. your desire to renegotiate the northern ireland protocol is - one. your desire to renegotiate the northern ireland pr

. >> let me say on that, don't forget we have settled the boeing airbus thing, which was a massive problem nothing of the beef and the whiskey, which i already mentioned. on the harry dunn case, which is a very sad case and everybody's sympathies are with the families , i know the president has personally been trying to move things along. i am grateful for that. we are going to take when more question. >> when it came to a trade deal, you seem to have a different approach. is that because of your heritage, your concern about the irish protocol? is that what is holding it back? >> there are two separate issues. on the deal with the u.k., that has continued to be discussed. on the protocols, i feel very strongly about those. we spent at a norma's amount of time and effort in the united states. it was a major bipartisan effort made and i would not at all like to see nor i might add what my republican colleagues like to ca change in the irish courts. >> on that point, we are completely at one. nobody wants to see anything interrupt or unbalances the belfast accords. the belfast good friday agr

agreement, helping to reach international deal on business taxation, on the oecd framework on the airbus-boeing to give a couple of examples. of course, there is more from the trump era which we need to resolve in the trade area, and tomorrow we are concentrating on a forward moving agenda and how we can cooperate in those areas. annmarie: the french want to postpone tomorrow's meeting because of this submarine spat. for the most part, the eu was also vexed with the united states over this. why was the eu also so upset? valdis: indeed, there was disappointment in the eu concerning how this was handled because you was neither consulted -- because eu was neither consulted, nor even informed about the developments, so there were some repercussions in the eu, and we were in intense consultations with the biden administration to straighten this situation. but i will say it is especially a difficult situation, it is important to keep communication channels open, and it is important that we are talking is friends and allies also in situations where we disagree. annmarie: there's still the trump era ta

some bullish commentary on boeing, spirit aerosystems, and airbus.ly, travel trends starting to work in their favor. keep an eye on firm holdings, -- on a firm -- on affirm holdings. tom: romaine bostick, thank you so much. on "the close -- on "the close" today, the vix -- robert hormats is with tiedeman advisors, their managing director. we are thrilled ambassador hormats could join us this morning on the new unexpected of china. with president xi, what should we expect? richard: i think we can expect a strongly nationalistic china. xi wants to have china come back from two centuries where he considered the west had taken advantage of china. china was fragmented internally. now he is trying to pull it together under very strong party leadership and exercise enormous international influence. he sees that the u.s. is tentative in some areas and has raised a lot of doubts among allies, although it has tried to put those doubts to the side at the moment and strengthen itself , but he sees this as a chance for china to strengthen its position in east asi

finance companies, this is broadening to include more companies, one of the biggest names will be airbusaircraft maker. you have a chemical distributor. and also more and more other companies like hello fresh, so the spectrum of the index is set to grow. manus: thank you so much, from 30 to 40, coming of age. let's get you up to speed, angel is with the team. angel: u.s. treasury secretary janet yellen has renewed her call for congress to raise or suspend the debt ceiling. in a wall street journal op-ed, she says the failure to do so would produce an economic catastrophe. as standoff between democrats and republicans on debt limits consent the u.s. into payment default next month. u.k. energy companies are seeking a massive government bailout as a surgeon electricity -- as there is a surgeon electricity prices. there will be a third round of talks on monday. sources say largest suppliers are seeking a rescue plan to help them handle the cost of taking on customers in smaller suppliers that may fail. emmanuel macron is making it clear that french theory is not ebbing after australia cance

secretary of state antony blinken who will travel to doha qatar and ramstein airbus in germany tomorrowghts. >> ultimately, the expectation is to see a government that makes good on commitments that the taliban had made, particularly when it comes to freedom of travel, when it comes to not allowing afghanistan to be used as a launching ground for terrorism, directed at us or any of our alliesen a partners, when it comes to upholding the basic rights of people, women and minorities, not engaging in reprisals. >> joining me in matt rosenberg a pulitzer prize winning "new york times" reporter covering national security. in 2014 he was expel from afghanistan when the government want the taliban. the first western journalist publicly expelled since 2001. the first time he and i have spoken since that day in which kabul fell. matt, this is a very interesting and difficult line for the u.s. and other governments to walk. and insofar as the taliban is now the de facto and dujure government of afghanistan. afghanistan has shown no ability to spriv without international intervention for the last

especially airline manufacturers are an area i would probably stay away from in the future, boeing, airbusg. we'll watch what happens. jared levy following all these developments. bumps along the road in this recovery but, again, they're pretty severe when you read the european price and their reluctance and their own spike in cases to make anything worse by accepting travelers from abroad including americans. it kind of just feeds on itself. we'll have more after this. gold. your strategic advantage. it's another day. and anything could happen. it could be the day you welcome 1,200 guests and all their devices. or it could be the day there's a cyberthreat. get ready for it all with an advanced network and managed services from comcast business. and get cybersecurity solutions that let you see everything on your network. plus an expert team looking ahead 24/7 to help prevent threats. every day in business is a big day. we'll keep you ready for what's next. comcast business powering possibilities. growing up in a little red house, on the edge of a forest in norway, there were three things m

eastern, c-span3, health and or becerra and education secretary -- hobby airbus sarah and education -- education secretary. -- or listen on the c-span radio app. head over to c-span.org for scheduling information or to stream video live or on-demand anytime. c-span, your unfiltered you of government. -- view of government.

what the delay does, it give as buyer the ability to maybe renegotiate prices, to talk, in this case airbusme of their biggest customers and they're not budging too of when it comes to price. ryanair has walked away. we'll see if they return. stuart: boeing a down stock. down nearly 2%. i don't know how many points it has scene off the dow but helping the slide. the dow is down 250 points. >>> another country now trying out a four-day work week, just as a national policy. we'll tell you which country we're talking about if you can't guess from the video. >>> at least 1000 schools have closed, excuse me, because of covid since july. college students say they need to be in person to learn. watch this. >> do you think you will have a better, easier chance of learning if there is teacher in front of you like being in classroom, lecture hall, whatever it might be. >> definitely. you're much more engaged. >> not there typically, not there mentally. stuart: got that right. mike gunzelman will hit the streeted and file the report shortly. americans desperate to leave span stan have been grounded fo

eastern, c-span3, health and or becerra and education secretary -- hobby airbus sarah and education -- education secretary. -- or listen on the c-span radio app. head over to c-span.org for scheduling information or to stream video live or on-demand anytime. c-span, your unfiltered you of government. -- view of government. >> we have been joined by senator lisa we are ready to begin the hearing and i call to order the hearing of the subcommittee on competition policy and antitrust and consumer rights on big data, questions, implications for competition and consumers. that afternoon and before we begin, the chair of the committee can only be here for the first few minutes. it was important to have him here and as we would give senator grassley the same do, i asked senator durbin if he could say a few words before i begin. >> thank you senator klobuchar and to our witnesses for giving me the opportunity to say a few words about the scope and unrestricted nature of big data collection. in 2018 we had an extraordinary hearing with the head of facebook, mr. zuckerberg. he faced 42 senators

cost and that cost sir was 13 american lives and 85 billion dollars in equipment per hour bagram airbusur united states embassy our credibility with the allies and the afghans who stood and fought with us and our national security and safety of our homeland. make no mistake, mister secretary, , mr. the biden administration n apt withdraw left america and the world a much less safe place 20 years after september 11th. secretary blinken, will you honor these families, and give the american people the answers they deserve in the wake of this ongoing disaster? who will be held accountable? in your opening statement, you said the taliban. he said several times, the taliban made it clear we had to withdraw. the taliban made it clear it would escalate. we hear in testimony is president putin's dictating our counterintelligence. can you tell us nato made us do it, trump made us do, it the taliban made it clear. do you take any responsibility, secretary blinken, or do you still want to call it a success? >> congresswoman, i'm responsible for the decisions i make, i'm responsible for the actions