for example is the cease fire in the airbus boeing case and the or at least temporarily not an ex thing off would tend to target terrorists but a lot of what needs to be done i think especially in trying to the u.s. to has the state the steel and the unions have in place and that is the big big stumbling block for the transatlantic relationship or a story bill their head of the aspen institute of germany thank you so much for your time thanks for having me. let's take a look now at some of the other business stories making headlines. apple's profits double quarter on quarter to over $23000000000.00 sales to china also nearly doubled and results topped analyst targets in every category the global semiconductor shortage that has hobbled many auto makers seems to have left apple unscathed. higher ad spending by businesses during a pandemic induced surge in online traffic provided facebook with strong business last quarter revenue grew 48 percent over $26000000000.00 beating market expectations earnings almost doubled year on year to $9500000000.00. boeing has paul's deliveries of at $737.0

guy: boeing tomorrow, airbus thursday. me that what ge is saying will be repeated by those two companies as well? how would you compare and contrast how boeing is going to do and how airbus is going to do? brooke: i think you can. the one thing is that companies like ge and raytheon should see a little bit more of that aftermarket parts and maintenance work benefits showing up in their numbers before you start to see airlines really ordering new planes. and before boeing can make real progress. they have had a few wins recently. notably, southwest committing to ordering some new 737 max jets. they had been flirting with the airbus to 20, so that was big -- the airbus 220, so that was big. but i don't think we are going to see a wave of new jet ordering on the magnitude that would really change the narrative for boeing. the problem is they have so much debt that they have taken on to manage through this crisis. the one thing i am looking to hear more about, recently they announced their cfo was going to be stepping down. he'

when it comes to the engine we deliver to airbus and boeing, we think that 2021 should be flat.g ourselves for the ramp-up at the end of 2021 and for 2022. the recovery will come after the recovery in markets. guy: let's talk about what is happening at airbus. how confident are you that ramp will happen and how smooth do you think it will be? we are coming out of a pandemic, we are coming out of a crisis. what you think the bottlenecks will occur? bernard: we follow what our clients asked. very vocal on the strong -- airbus has been very vocal on the strong recovery starting in the second half of 2021 and more increased rates of deliveries in 2022 and 2023. we are making ourselves ready. we think we may have bottlenecks here and there in the supply chain, but not that big that it could prevent us from ramping up again. it will be the second ramp-up of the engine after the ramp-up in 2019. we are preparing ourselves for the second ramp-up that will be an exciting story. there is no reason why we should not be ready to face it. guy: that is the second -- alix: that is the second r

boeing has had to deal with so many problems and airbus has not. ues, but it has not had the problems that boeing has had. the recovery will come in the narrow bodies. not in planes, the big ones we all get excited about. it is the narrow bodies. that is where airbus has a huge opportunity. the two 20's is what we are looking at the moment. small super efficient airplanes. the long-range version which a lot of airlines will be looking at. boeing does not have those options. that will be problematic. nevertheless, boeing is starting to get stronger. it will recover from here. guy: it has to -- alix: it has to. there are only two of them. guy: it is not. there will be three of them. this is the key question. it is about china. airbus is set up in china. there is a window of opportunity that at some point will close on china because the chinese are producing airplanes and they're going to get better at it. they have a company -- at the moment it is a duopoly in the world, it is not going to last forever. boeing is struggling to sell into that market. a

so i would be cautious if i was boeing or airbus. guy: that leads me onto my final question. traded almost lockstep with the airline sector in terms of where we see pickup and where we have seen stocks rolling over again. what is the lag between airlines picking up and them ordering new airplanes, and that benefiting boeing? because at the moment, the market is kind of treating them one-for-one. george: the equity markets have loved some of these aerospace names and airline names in anticipation of this future restoration. i think when we look at parks fleet, parks fleet is -- parked fleet, 25% of the global fleet is still parked. we think that to get some strong order flow, you've got to take a couple of years to start to crank up deliveries for them. we will not be back at top deliveries, just rising out of the 30's into the 40's and such. so i think there's a bunch of time here before they really get that restoration of demand for new airplanes. i think there's time to go. guy: it certainly surprised me in terms of how closely they were correlated, tracking all most one-fo

the airlines need more capacity and that means they have to order from either boeing or airbus with intereste sos so low t can buy it with the money. this is nirvana. boeing is doing well and right now it's a better company but with stocks, remember, those are two different things it boeing's time to shine. great reopening and you got to use this pull back as a buying opportunity. much more had "mad money" ahead. the restaurant staying power and what businesses are staying here then the recent boom in digital collectibles like a lot of other people don't miss the founders of an nft startup to explain it all. it called recure and tonight's edition of the lightning round so stay with cramer. ♪ ♪ ♪ ♪ ♪ ♪ hey google, turn up the heat. ♪ ♪ ♪ with a bang, energy and change came to every part of our universe. seismic or small, it continues. change is all around us. shaped by technology and human ingenuity, we can make it work for you and your business. did you know that petco, is now a health and wellness company? their groomers work wonders for my confidence. i trust their vets, and i'm known to h

. >> we've seen corporate trash talk in so many industries, the soda wars, obviously boeing airbus, butut going to the moon. those are big spoils and we can't wait to see what happens with it. we will take a break one more look ahead when we come back to tonight's big earnings nek "techcheck" is back in a minute. (♪ ♪) whether it's a technology first, (♪ ♪) a fashion first, (♪ ♪) a science first, (♪ ♪) or a first for us all (♪ ♪) whatever you hope to achieve for your business, cloud first helps you get to value...first (♪ ♪) let there be change accenture new projects means new project managers. you need to hire. i need indeed. indeed you do. the moment you sponsor a job on indeed you get a short list of quality candidates from our resume database. claim your seventy five dollar credit, when you post your first job at indeed.com/home. - [narrator] at southern new hampshire university, we're committed to making college more affordable. that's why we're keeping our tuition the same through the year 2021. - [student] i knew snhu was the place for me when i saw how affordable it was. - [narr

problems with steel and boeing and airbus, maybe we can come to some negotiated solutions that would be outside of the purview. solving these problems will be materially important. for trade all around the world. when the big powers have this kind of impact on what happens in other countries, and what happens on trade. we need to strengthen the wto and strengthen the multilateral mechanisms and trading systems so countries can once more have a resource to settle any disputes and build a consensus around certain trade rules that are going to be very strong for the world. that is going to -- that is what we are trying to do at the wto. as a rulemaking organization, we are the one place where members can come to settle their disputes. that is one area where we really need strong reform. we need the support of all the members, the u.s., china and the eu. developing countries, as well. to make this work. i think the debbie co also needs to -- the w geo needs to reform its rules for 21st century issues. chairman powell talked about a digital economy. this is one area where the world is mov

we buy new airliners from boeing and airbus and take delivery of them.aking, it is the older aircraft that tend to get converted, so we don't have a lot of that on the horizon, but certainly as aircraft may age in our fleet, that is a possibility , but that has become a very strong pathway now for a lot of the older wide bodies and even some of the older aircraft. alix: competition was superhot before the pandemic. when we emerge, what is it going to look like? john: competition with the airlines, or amongst the lessors? alix: among the lessors. john: we have a lot of leasing companies in the world. however, the top seven or eight players have remained relatively consistent. so the airlines will still have a lot of good choice. there will be a lot of competition still remaining going forward in the leasing space. one of the reasons the leasing space has grown so much is that aircraft have proven to be over many years, in fact decades, a very good, sound investment. even in difficult times returning positive returns and good levels of returns for the inve

as for boeing the american plane manufacturer and its european rival airbus both sell about a quarter of their planes to china but china has been reluctant to purchase the $737.00 boeing max after fatal crashes caused by its faulty in c.s. system and while the jet has been redesigned and approved to fly in the u.s. beijing says that it will take a step by step approach before approving any future purchases of that jet reporting for us to touch suites are. in the face of unprecedented the lockdown measures last year the u.k. was one of the countries to offer loans to the small businesses that were directly impacted but now it appears that their relief also went to dozens of wrister kratz that's right the latest data shows that at least 50 nobles including dukes earls and wide counts turn a public funds in order to pay staff to maintain their mass of the states and their multimillion dollar art collections so joining me now to this just the latest scandal is jeffrey tucker editorial director of the american institute for economic research ok jeffrey not only did these individuals come f

we hope that some of these, in particular with boeing in steel and airbus, we can come to some negotiation solutions. solving these problems will be materially -- trade, all around the world because when the big powers have these problems it impacts what happens in other countries and what happens in trade. i think what we need to more have a recourse where they can go. for instance a disputes to build a center around certain trade routes that will be strong for the world. that is what we are trying to do, it needs to be reformed. because, they will making organizations, it is normal to be talking about one place where members can come to settle their disputes. that is one area where we need strong reform. we need the support of the u.s., china, and the you. developing countries also to make this work. i think the wto also needs to reform it rolls for 20% reissues. we talked earlier about a digital economy. this is one area where the world is moving fast, this is what will drive trade. yes, we don't have a rules to defend this. when in trade, as received women have been hurt by the pandemi

airbus will look at freight in the future seriously that is traditionally a strong issue of boeing. that comment is interesting. ramping up production in q3 and q4 that will cut down from the reaction from the crisis they are talking about the planning a steep ramp-up for 2021 and 2022. they expect that to be in the first quarter of the recovery and travel ahead they have seen positive sign with the domestic market in the u.s. and china looking ahead to say they are on track on meeting guidance. airbus has been through the huge restructuring to face the c crisis they cut 15,000 jobs across the country. they have done the huge management shake up in the last two-y years they changed the manufacturing blueprint. they are working on changing the strategy and the way they do things to adapt to demand and be placed in a good position. at the moment, from what we see in q1, do not extrapolate the numbers yet. they have positive signs and we see reaction on the market with the shares up 2.3% on the cac. julianna >> thank you for breaking it down, charlotte. let's move to airlines lufthansa