it is an interesting story with airbus. they have a backlog of 806 planes.hey have the customers with wanting the airplanes. the problem is getting the planes out with the security s especially with the problems at boeing. they are well ahead of the competitor. 866 net orders there. demand is there, but getting the planes out there and they work with a ad of suppliers. they haven't given the target yet. they have to wait for the february numbers. they are on track for the target in 2026. they want to announce 75 planes per month in 2026. they produce 60 at the moment for the narrow body jet a-320. they are on track to reach that target. they are on track for that. we see the shares in the green this morning. for 2025, we don't have the target. they say still challenging on the supply chain. things are getting better. with the trade tensions, they don't know if it is impacted whether or not once donald trump comes to the white house. they have assembly line in alabama. they have pieces for the line. they don't know if it was impacted for this. they are making

there's airbus and boeing for large jets.ir, bombardier, china coming into it, but those are smaller mid-sized jets. larger jets, you buy one of those two, that's kind of it. the bear case, a little bit harder, david. do you feel like boeing has fixed what many view as a management culture that has gone wrong? is that fixed with kelly ortberg? >> yeah, so you're right. in terms of highlighting the demand environment, the airlines need 1,500, 1,600 airplanes a year. and right now, they're only able to deliver like 800. both airbus and boeing have five-year plus backlogs. that's the positive part. on the cultural side, no. it's still early days there. it's going to take a while. it's not something that you can't get into the kind of mess that boeing has got into. and turn that around quickly. and like i said, i didn't think that that would happen with someone, you know, leading the company that was an internal person. i thought we needed someone from the outside, and they now have that person. and, you know, he's, you know, fou

he's getting itself ready from new uniforms and new connections to order a 470 new boeing and airbus aircraft. the big truck into your traffic had been going through other people's airlines in the you know, where it's, frankly, were any good. but that has changed. and here india is now under new ownership, indigo. very good. everyone is expanding to international routes and all of them are ordering plans and hoping to get them soon. mobile demand for aircraft is increasing rapidly. wherever lines are expected to meet almost 41000 more aircraft by 2040 to boeing's and air buses. water books are already pretty filled up for the next decade. that's also an opportunity for new competitors. chinese aircraft manufacturers wants to take advantage of this and know, developing new aircraft they've got the testing to it's a pretty good market. even if the, even of growth is slowing, a lot of government resources, the only thing they could do to screw up this formula is to do what they're doing. their strategy towards developing an airline industry. and airliner industry is kind of all wrong. t

the c 919 was tended to be a potential competitor to western manufacturers such as boeing and airbus. it was recently unveiled at this single port international aviation conference via crypt concurrently only be used in mainland china and international approvals has still not been secured. every airline would be delighted to have another manufacturer, especially those in asia. isaac pacific, we think, is going to be the fastest growing region the next 20 years. the population trends in asia suggest a young growing ending increasingly wealthy middle class. and it wants to see the world. it promises to be a gigantic growth market for the entire aviation industry. cars, cars, a global phenomenon with millions of unique stories. that could be in a german coffin. we need you guys wherever you are. however, up to your flex fashion as our module and jo. stories our currency. yeah. we found cars from gemini and the craziest place all across to your stories you ideas come with the question is now slash if we go next, right to wherever your sentence your stories and your crazy car into the let'

it was outpaced once again by european rival airbus, which delivered twice the number of planes in theod. the us financial regulator has sued elon musk for the late disclosure of his purchase of more than 5% of twitter�*s common stock back in 2022. according to the sec, the move allowed the multibillionaire to continue increasing his stake in the firm at artificially low prices. he later purchased twitter for $41; billion, and renamed it x. in a post on the platform, mr musk accused the regulator of wasting its time when there were so many actual crimes that go unpunished. staying with big tech, we are days away from donald trump becoming the 47th president of the united states. how he will regulate the technology industry and its players that are making progress in areas like artificial intelligence, remains to be seen. adam kovacevich is the founder and ceo of the technology trade group, chamber of progress. he says personal relationships with mr trump could make or break companies. people in tech have observed how we operated in his first term, it was important to have ceo level rel

it was once again outpaced by european rival airbus, that delivered more than twice the number of planesfour—month high following sanctions from the us targeting the russian energy sector. they aim to limit its ability to fund the war in ukraine. prices have eased after us government agency increased its forecast for supply. an energy expert gave us a sense of what lies ahead for oil markets. {line ahead for oil markets. one thing we — ahead for oil markets. one thing we need _ ahead for oil markets. one thing we need to _ ahead for oil markets. que: thing we need to understand sanctions have limited impact we are already on the 14th through a round of sanctions by the eu and g7 on russian yet russia oil in gaza is flowing through the markets. at the same time we have a lot of confusion about those new sanctions, and people should realise, that there is a two—month growth. , where people can wind down there imports. some media outlets are causing the confusion, for example we have seen a big story yesterday about an energy tanker not finding a way to unload its lng into spain. 0nly unloa

diminishes the exciting and intensity it came to what we see, what we saw in korea in 1953 or the various airbus really cease fires that held for a period of time, at least in the 1950s, 19 sixties, before peace was formerly codified of decades later. no vladimir put in as long as the spectre of nato to justify some of his countries more controversial foreign policies. do you anticipate a change after the west handling of the ukraine conflict? if there is going to be a change, it's only going to be more intense. it's very obvious that prudent blooms. the wes probably defined for preventing him from shooting victory against keith. during the course of the conflict. we can debate whether that's a legitimate position or not, but if that's going to be put into interpretation of events as he already alludes to that we're going to see prudent blaming the west in plenty, nato. and in particular, more and more as a cause of the call they can justify for the russian foreign policy behaviors. because of the spectrum. nato enlargement was joshua, for instance, senior fellow at the cato institute and associ

airbus. they're nice. >> they're all safe. >> go airbus. give us a bunch of jets.'s what i'm saying. usually i say i don't like seeing airbus deliver twice and many jets as boeing. somebody has to do it and they're beautiful planes and quality somehow from france. >>> coming up, will adding crypto to your 401(k) help boost returns for 2025? we will look at maximizing your retirement plan. >>> in the 8:00 hour, interview with outgoing ftc president lina khan. "squawk box" is coming right back. let's say you're deep in a show or a game or the game. on a train, at home, at work. okay, maybe not at work. point is at xfinity. we're constantly engineering new ways to get the entertainment you love to you faster and easier than ever. that's what i do. is that love island? >>> the futures right now, as you can see, a little bit of green. see how long that lost on the markets and what options are saying, let's bring in amy wu silverman at rbc capital markets. we don't want it to be obvious. it is, but it's so important and it's the beginning of the year. seasonality plays a

lisa: sheila: in a global duopoly airbus has won that battle.ear boeing has fallen below that 50% mark. that has already manifested itself in the guidelines. i think -- i think the focus for boeing is to produce going from 18 today to 40, to 50. it is the trendline we want to see, and airbus has a path, they are around 50 day, going to 75 in the next two years. jonathan: what was united doing up by more than one hunter percent last year? i was stunned to see this parent united coming in at number five over the last 12 months. sheila: that is what happens when you trade at three times earnings. you get a re-rating any meat numbers. but we saw was capacity come out of the u.s. market. partially because of boeing. partially because of spirit airlines exiting the market. we saw 70% capacity increases coming into the apparent so, more rationalization in the industry. jonathan: gold is competition on the premium side of things. southwest, jetblue as well. what do you make of that? the push into premium by those players? sheila: everyone sees that the

donors to think tanks, here's the top five, northrop grumman, lockheed martin, mitsubishi, rtx and airbus at about $1.7 million. what should we know about pentagon contractors? guest: there's a lot to know, great question. i think when it comes to that list you mentioned, it is well worth noting, we talk about companies, these are some of the very top defense contractors, these are companies getting tens of billions of dollars every year in pentagon contracts and taxpayer money. what we see with this think tank funding is they are turning around and taking a little piece of that, giving that money back to think tanks, they are making recommendations that would be a financial benefit. this includes things like recommending specific arms sales . recommending other arms sales from places like israel. we see this over and over again that these think tanks are funded by pentagon contractors are making recommendations that would be financial windfall. you are seeing this -- i would say virtuous, but you are seeing the cycle of taxpayer money going to these entities. those entities donate to thi

we did the same recovery in the figures but it is in stark contrast to its competitor airbus which last boeing achieved. the company at the forefront of the ai revolution — 0penai — has appointed a major wall street deal—maker to its board as it changes focus to become a for—profit company. adebayo 0gunlesi — who's a seniorfigure in the financial firm blackrock — will sit on the board of the company behind chatgpt. its shift in focus has been criticised by rivals including elon musk, who was one of 0penai's co—founders. he's filed a lawsuit seeking to prevent the restructuring — accusing 0penai and its boss sam altman of teaming up with its partner microsoft to create an illegal monopoly. earlier, i spoke to max von thun from the think tank the open markets institute and began by asking him what he expects 0penai to do differently as a for profit company. i think it is about really showing that technologies like chatgpt and other models that 0penai have developed really have viable use cases for consumers, for businesses that are capable of generating a stable long—term revenue stream f

the planemaker handed over 348 planes, less than half the tally of its european rival airbus, and about third fewer than the previous year. boeing is working to restore confidence after a turbulent year that included a strike and production curbs following a midair door blowout. meta is set to cut roughly 5% of staff through performance-based terminations affecting 3600 people worldwide. in an internal note, ceo mark zuckerberg says he has decided to raise the bar on performance management. the instagram owner plans to hire new people to fill their roles later this year. elon musk sued by the sec for allegedly failing to disclose his growing stake in twitter i have that takeover. we bring you the details. this is bloomberg. ♪ ♪ >> good morning. this is bloomberg daybreak. i'm tom mckenzie. these are the stories that set your agenda -- markets from both sides of the pond. uscpi expected to remain firm while the u.k. one is the first incumbent to be taken into custody in the nation's history. the s.e.c. is parting short of elon musk as the regulator shoe it is richest man over and i ledge

19,000 airplanes backlogged between them and airbus.of production itself and demand, the old supply and demand, the demand is very strong for the product regardless of all of these incidents. the issue is going to be getting the leadership focused on quality which will give investors confidence for the long term. this is not a short-term stock play in my opinion. it's a long-term play. boeing's going to be around. they will turn around. their numbers will get better. they have to improve their cash flow, but their order book is terrific. they still have in the industry a good reputation. >> david, can i ask you, do you own any boeing stock? >> no, i don't. i did at one time. outside looking in. >> a long-term investor story right now. you still believe it's a solid company? >> yes. i'm prejudice. i've always been a boeing guy. i have had a lot of boeing airplanes in my day. i know a lot about the company and its possibilities. >> david, we have to leave the conversation there. you keep the sunny outlook for 2025. >> yes. sun's on my sho

money flow into your country that is direct foreign investment, bmw mercedes building cars in south airbus, really just a european consortium in france assembling planted here good for american works for our economy. >> gheth in line right now knowing that president trump is coming into office going to be, very focused on doing right by u.s.. >> take a break come right back at it just getting started this hour quick break president trump setting the stage for his agenda as he reconsiders reconciliation plans president-elect to meet with senate republicans today in washington to discuss strategy wisconsin senator ron johnson is weighing in when we come back. you are watching "mornings with maria" live on "fox business". do you have a life insurance policy you no longer need? now you can sell your policy - even a term policy - for an immediate cash payment. call coventry direct to learn more. we thought we had planned carefully for our retirement. but we quickly realized we needed a way to supplement our income. our friend sold their policy to help pay their medical bills, and that got me th

their european rival, airbus, delivered more than double last year, 766. ouch.in talked about just a few minutes ago, vertiv. infrastructure for data centers. lauren: correct. up 4% today, and president biden with an executive order to accelerate the building of next generation a.i. infrastructure. what he's doing is directing the departmentses of defense and energy, hey, lease out these federal sites to build a.i. data centers where we can. stuart: up it goes, almost 4% there. thanks, lauren. now this, donald trump will survey the fire damage in los angeles before heading to the d.c -- to d.c. for the inauguration. alexis mcadams a joining us if from west palm beach. is trump going to los angeles before the inauguration? >> reporter: hey, stu. well, we haven't heard exactly when the president-elect will go to california because he's got a lot on his plate not just here in florida where he's had meeting after meeting, but also as he plans the inauguration in washington d.c. but his team says it's a top priority, to make that trip. comes as those fires continue t

they're as big as two airbus a-20s.chips without this a machine, so i think this stock is down 40% from its highs. if you want to put money to work in semis sector and want to own a different play, own the machine maker, asml, stuart. stuart: what can we expect from trump's inauguration? any kind of bump up for the stock market in. >> yeah, stuart, look, if you just see what happened with meta, you and lauren were just reporting on this. these big fortune 500 companies, they're checking their political ideology at the door. i think investors should do the same thing. meta if donated a million dollars, jeff bezos? if him and trump weren't exactly best friends. uber's donating $2 million. these company ifs want to get on the right side of the administration. i think you're going to get more tax cuts talk, and this is what's going to drive, just wait until we get tax cuts. that ooh, i think, is going to add an additional 10 president earnings perrer -- 10%. stuart: does it help the stock price if the ceo is friendly with d

we also have exclusive new satellite images by airbus that are giving us before and after view pointsf how widespread damage is, and the pacific palisades area. >> you can see from the pictures that an overwhelming majority of homes and businesses are now nothing more than cinders. cnn's julia vargas jones is with us now from hard-hit malibu, which is just across pch from there. julia, tell us what you're seeing. >> well, we're seeing utter destruction, brianna. >> that's what we've been seeing all day. and we're also seeing, you know, residents trying to come back to their homes. but a lot of it still looks like this. we're seeing spots over here that are still smoldering. and it's frankly, it's shocking to see that so close to the ocean. but going up and down, we're talking to folks who are incredulous and trying to go and convince pleading with authorities to allow them and escort them back safely to their homes so that they can actually get their belongings so that they can try and see what's left of their homes. i, you know, we've had so many of these emotional encounters with fo

and the heart wrenching image of a neighborhood leveled this new exclusive satellite imagery from airbus shows the overwhelming majority of homes and businesses are destroyed. think how many people are impacted there. we've also heard varying explanations of why some fire hydrants were temporarily dry when they were needed the most. >> there has also been a water shortage. >> the fact is, the utilities understandably shut off power because they are worried the lines that they carried energy were going to be blown down and spark additional fires. but the cal fire and when they did that, it cut off the ability to generate pumping the water. that's what caused the lack of water in these hydrants. >> according to the department of water and power, all 114 water storage facilities were filled, but heavy use of fire hydrants depleted the supply. the extreme conditions, compounded by high winds keeping firefighting aircraft grounded. >> i mean, just when you have a system where it's not dissimilar to what we've seen in other extraordinarily large scale fires, whether it be pipe electricity or w

take a look at these new exclusive images just in to cnn satellite images from airbus show one pacific palisades neighborhood before the fire. and the charred look at that. smoking remains after the wall of fire swept through the area in just a few days, the overwhelming majority of homes and businesses and pacific palisades are destroyed. the county's infrastructure is also severely damaged. the power grid transportation system, even the ability to use toilets all compromised in this huge area. here's a quick look at the five active fires in and around l.a. county. the palisades fire is the most destructive in l.a. history. curfew blankets the county, and the national guard has been brought in to help protect against looting, which has been happening from place to place. this is new video you're looking at right now of the kenneth fire, which erupted just yesterday afternoon. overnight, we learned that a man has been arrested on suspicion of arson. the lapd is not confirming whether the suspect had any connection to this fire, but cnn is covering all angles of this rapidly unfolding d

airbus and boeing has 13,000 airplanes in the backlog. they have a demand, they have the orders, there is no place else that the airlines can go. they have to go. that is interesting. if you have a new ceo that is a proven executor, it is a show me stock as well. there is reason why they lacked , right? the concerns are already reflected in the valuations. >>> eli lilly has dear stock down 17% from the highs. why do you like them to i bought eli lilly after i was on squawk box, the day the ceo was on your show. the stock fell 13%. they disappointed in the quarter. i did a ton of homework on it. we were talking about it. i did not own it at the time, but i bought it then. i think it is the best in class franchise. the total market is addressable for diabetes and weight loss. i think something like $500 billion in the next 3 years. it probably is more. they are the number one player. they were able to grow revenues 42%. if you exclude diabetes and weight loss drugs, the revenue grew 17%. they are minting money as far as free cash flow. it i

>> airbus has done a very good job over the last ten years hitting their targets with delta.hem, and we'll continue to receive that equipment, i'm sure, relatively on time. >> we've got a new administration starting in a couple of weeks. have you talked with president-elect trump? >> i'm not going to talk about any personal conversations i have had with the incoming administration, but we, as a firm, always provide support through the transition process with the next administration, and they've appreciated our insights and we'll see where things go. >> give me a quick snapshot on the consumer right now. international, corporate, premium? >> well, all channels are really strong, and that's what led to the great fourth quarter that we had. we're looking in the first quarter close to double digits in terms of top-line revenue growth. we're looking at doubling our eps in the first quarter. we're looking at next year being the top financial performance in our history. you've got corporates up double digits. you've got the international up close to double digits. you've got america

that was one of the first questions people had stopped there was a question about boeing issues, airbus how much of this is a hangover from the pandemic and a lack of some of the personnel that were deployed? jonathan: that company had an awful 2024. japan's nippon steel is making a last-ditch appeal for its takeover of u.s. steel. sources telling us that nippon is offering veto power to the u.s. government over any reduction in u.s. steel's production capacity. is that enough to get this over the line? lisa: one question about this is, do they think president biden is more likely to sign off on this deal than president-elect donald trump? does that why they are moving to the last-ditch efforts now before january 7 when president biden has to either sign off or not? that is a key question at a time where this is something the board wants, something the union pushed away from. jonathan: the deal that will not go away. there's a new sweetener. let's turn to energy. russia holding its gas deliveries to ukraine after a transit deal expires after five decades. keeping traders on the watch fo

basically because boeing has not been able to deliver the airplanes there has been a robust demand for airbus up in association where they can charge. they have the luxury of charging more and not having any competition. that is expected to change through the second half of this year. that is probably a good way to put it. jonathan: how packed is the delta airlines lounge these days? lisa: i don't know. i wouldn't know. i have not been an adult to lounge in a long time. jonathan: your focused on work. -- you are focused on work. lisa: i don't have access anymore. jonathan: fix that. delta up now by .1%. fire fighters making progress in controlling wildfires across los angeles. the canyon fire is now 35% contained an pacific palisades blaze showing early signs of control. the death toll has climbed to 10. lisa: is a huge tragedy unfolding. a lot of people starting to put into wrong numbers what type of damage this is going -- raw numbers with type of damage this is going to cost financially. up to $150 billion of damage. insurers might be on the hook for $20 billion. picklist of the heart of t

donors to think tanks, here's the top five, northrop grumman, lockheed martin, mitsubishi, rtx and airbusout $1.7 million. what should we know about pentagon contractors? guest: there's a lot to know, great question. i think when it comes to that list you mentioned, it is well worth noting, we talk about companies, these are some of the very top defense contractors, these are companies getting tens of billions of dollars every year in pentagon contracts and taxpayer money. what we see with this think tank funding is they are turning around and taking a little piece of that, giving that money back to think tanks, they are making recommendations that would be a financial benefit. this includes things like recommending specific arms sales . recommending other arms sales from places like israel. we see this over and over again that these think tanks are funded by pentagon contractors are making recommendations that would be financial windfall. you are seeing this -- i would say virtuous, but you are seeing the cycle of taxpayer money going to these entities. those entities donate to think tan