industry so are problems in the airline industry so the stronger airlines will do well in the figuresre down around 5% this morning because they are saying they are making less money per passenger, their margins are squeezed, partly because we are changing our minds and what we are doing in terms of travel? globally, the predictions for the increase in flights... in the last few years, people have flown more and more and more and recently they have predicted that will come down and in the last year it has condemned significantly. there is talk about flight shaming, maybe it is gaining currency, but they had still increased passenger numbers, easyjet. up to march, 5 million extra, so its flight shaming real? i don't know how many people are not flying because of flight shaming, but people are not flying as much. from the uk alone in the last year, we are down about 4% on the year before and globally it is shrinking, so there are anomalies, some destinations are continuing to increase but easyjet is a standout among people suffering, all the other airlines are suffering. thank you very

consumer hit, corporate hit and government it will affect 40% of airline profits. >> have the airlinestock prices, have they factored that cost in? >> it's funny you say that the global airline space hasn't considered this. to the degree that i think that will be hitting them in the subsequent years yes they all talk about being carbon neutral when you look at the number of consumers and corporates that are carbon offsetting the numbers are surprisingly small 1% of global consumers are actually carbon offsetting their flights. this is a theme that's still in its infancy and we'll get a significant amount of traction on over the next five years. just to be clear, it will be a theme that affects europe first and foremost >> is this carbon offset coming from somewhere in other words, are airlines going to be forced to respond to either governmental or u.n. guidelines that they must then follow to offset the carbon that issues from their engines? i don't see how -- who is going to enforce this, in other words? >> funny you say that. you're referring to a program which is gaining traction i

uganda airlines returns to the sky to carry a says it's learned from it's the stakes but critics warn the end on is not fit for the future also coming up the new i.m.f. head calls on squabbling nations to set aside their differences and join forces to a global economic slowdown. and a rock an outpost coming your way soon the north african country is getting ready to expand its export market. i want to get jones welcome to the other w. business africa and it's time to foster your seatbelts uganda as a national carrier is back to the skies off it collapsed almost 2 decades. go with brand new planes and a fresh management of the east african country hopes that the revive uganda airlines will boost tourism and attract investors some critics though are skeptical . you can be elaine's received. aircraft with pump 2 months ago they took to the skies as planned to compete for business venue chief executive ses it was a long overdue your investment we're merkin with because as you know after 18 years of having no national carrier here. basically you mistyped is it sure that the country has suf

the business news on off edition not uganda airlines which was taken off again 20 years after it 1st went bankrupt we still have that for just a moment i will have more world news at the top of the now between times of course as always the website that's t w dog called i'm going to. cut . what's the connection between bread flour and the european union dinos guild not to t.w. correspondent and the baker can stretch this week in line with the rules set by the team. cuts. staffing recipes for success strategy that make a difference. baking bread on d.w. . take food personally i do anything with a little bit under 50 people in stories that make the game so special. for all true fans. coming. off more than football on line. the fact that. uganda airlines returns to the sky to carry a says it's learned from it's the stakes but critics want the end on it's not fit for the future also coming up the new i.m.f. head calls on squabbling nations to set aside their differences and join forces to fold to a global economic slowdown. and will rock n roll's coming your way soon the north african cou

it was a flight attendant for ethiopian airlines. she was going to work on a flight to nairobi and then returned to addis ababa that day. look so happy and we've been waiting for months on. end the morning she didn't even wake me up because my son and i were like. i almost had my child and she don't want to wake us you know she just. she told me later when she called me as you to call she once told me when she come back. and. it's a critical. and before she. she called me. and she told me that she wants to have lunch with me so i should pick her up and i said ok we'll do that you know it's sunday i got nothing to do so i'll do that. but she may have a club. scene or a conductor. a few hours after he last spoke to his wife oh you got a call from a friend asking if he had heard about a plane crash not far from the capitol. he went straight to the airport. i don't even know how to drive you know like i'm shaking. so this friend of mine he took me to the airport. and we start asking people whether they know something about it or not like

a bail out of 376 $1000000.00 the airline still needs more so given that and if we're going to take a look at some of the speculation and some of the reports that are out there you can open an airline emergence as a key player and from and there could potentially take up and take ethiopian airlines has already indicated that they would be quite interested in taking up a stake in south african airways and i think a good question because if european airlines is africa's biggest airline and they're consistently profitable as well not only will they have the financial muscle to help out as they would certainly come with a lot of skills that it's a would find useful absolutely interesting tie up there on the horizon bronwyn the one from business day t v and janet thank you so much. accidents keeps weighing on the british pound sterling slump slightly today against the us dollar and the euro following its gains on friday the decline came after the european union demanded more concessions on london's breakfast proposals leading to less certainty that a deal will be done. on friday the poun

our thesis on the industry is airlines are not really airlines, they're marketing companies.ard and clip 2% of the spend on the portfolio, and the market is kind of improperly valuing that like a low-quality industrial. so we're hopeful over time that airlines like delta can better educate the market, help them see that not all of the earnings comes from running a capital intensive competitive cyclical airline that essentially within delta airlines is a business that looks like marriott and should be valued that way. and so that's why we remain bullish. and personally, i think that's part of warren buffett's thesis on the group he's been a.m. ex's largest shareholder for 30 years it's not impossible to see that am-ex is losing money because delta is making money on the partnership. we're bullish on the industry longer term. i think the assets are just miss priced >> do you like delta better than the others as a result >> delta is a combination of high-quality airline business, investment grade balance sheet, very, very good management team. and then an incredibly lucrative pa

the regional airlines will take them right on, and those airline salaries have, essentially, doubled. >> reporter: the pilot shortage is leading to greater competition between the airlines for new talent, and some companies are starting to recruit students when they are still in school. >> good afternoon, how you all doing? all right, super jazzed,uper jazzed, super excited to be here. >> reporter: bryan mckune is the manager of pilot development for alaska airlines. >> we're the fifth biggest airline, but we're probably the top place to work at. >> reporter: mckune visits the central oregon community college campus, and 22 other aviation programs, twice a year, to cruit students for horizon air, alaska's regional carrier. many of the other major airlines now have similar recruiting efforts. >> just keep us informed of your hours. >> yeah, i've been doing that, getting emails about that. >> reporter: students accepted into horizon's competitive program, like military vet bryce thorton, receive a $7,500 stipend for school costs and a guaranteed job after they graduate and meet the requ

first time. >> all right. >> that's doug parker, ceo of american airlines.ock is ripe "mad money" after the break. with esri location technology, you can see relationships. connections. patterns. you can see what others can't. ♪ tell him we're flexible. don't worry. my dutch is ok. just ok? tell him we need this merger. it's happening..! just ok is not ok. especially when it comes to your network. at&t is america's best wireless network according to america's biggest test. now with 5g evolution. the first step to 5g. more for your thing. that's our thing. whether your beauty routine is 3or 57,... make nature's bounty hair skin and nails step one. it's the number one brand uniquely formulated for silky hair, glowing skin and healthy nails. nature's bounty, because you're better off healthy. ♪ >>> rufrly a year ago, longtime kramer favorite honeywell broke itself up into three separate companies. spinning off their auto parts business as garrett motion and climate control/home studio business residualed. i own honeywell with the travel trust and you can follow

airline and they come in to be profitable as well so not only would they have the financial muscle to help out if they were going to come with a lot of. that is a good point you know absolutely interesting tire there on the horizon and bronwyn from business day t v and john aspera thank you so much. president keeps weighing on the british pound sterling slumps likely today against the u.s. dollar and the euro following its gains on friday the decline came after the european union demanded more concessions on london's bricks of proposals leading to less certainty that a deal will be done on friday the town surged to a 5 month high against the euro on hopes of a brics a breakthrough but as e.u. ministers met in luxembourg uncertainty again dragged the british currency down one percent against the dollar and an even bigger slump against the euro. i think expectations were so low in last week that any sign of progress or the very fact that they talked in break down and acrimony really caused that big bounce the pound has reality sets in and there's no when it's there is much more to be do

turbulence in the airline industry has seen a spate of bankruptcies. carriers face headwinds from increased competition, particularly among budget carriers, to rising fuel prices at a time when the global economy is slowing. later today we find out how budget carrier easyjet, which posts results, is faring. 17 airlines have gone bust worldwide this year, with bankruptcies increasing at the fastest—ever rate. among the most high—profile to collapse, india's jet airways, british travel group thomas cook, and brazil's avianca. many airlines have also been hit by the grounding of the entire boeing 737 max fleet following two fatal crashes. that has driven up waiting times and prices for new, second—hand and leased aircraft. and a recent survey suggests one in five travellers is flying less, perhaps fuelled by the swedish concept of flygskam, orflight shaming, as people foresake flying for the sake of the planet. there is a lot going on impacting the industry. adrian yanoshik is equity research analyst at berenberg. good morning. welcome to business briefin

southwest airlines posting a strong beat, despite a hit from the boeing 737 max grounding the flight path ahead for the stock and group. shares of this chip equipment maker soaring today. now up almost 90% this year. the stock just got a huge upgrade. it's our call of the day "halftime report" starts right now. >> welcome good to have you with us our investment committee at the table, joe terranova, the brothers are here, and meghan is here as well, senior investment strategist at the wilmington trust. one of the best performing large cap tech stocks of the year, microsoft. beating on earnings and revenues the shares are moving higher pete najarian, everybody owns it at the desk. you get the first crack because you've been the biggest and longest believer. >> i continue to be a believer this all started with -- it went in the right direction what has he done we talked about how great the focus has been on cloud but the monstrous acquisition they made with linkedin everybody was critical about and that is starting to be another one of those verticals we talk about when we talk about n

, american airlines, why?merican has been the worst performing kirlines. w you just highlighted united a while ago by has been one of the best. but we like american in that they have been very, very hurt by the boeing grounding of the max 8. they've got -- they've got about 24 of the planes. and there's beenee 8,000 of the flights cancelled last quarter. it's been a real hit to the earnings. hence, the stock doing poorly. we think that's going to be resolved if not the fourth firstr early in the quarter. and with the stock down 30% vers the t averageirline stock being kind ever flat for the year, we think american has a lot of room to makeup. and then let's not forget, warren buffett ownf 10%it. >> true. >> if it's good if you have for witharren, right. >> let's finish up with generac holdings, a play on homes as well. >> they make generators. and the generator business is tremendous right now. but wh you will a the alternative energies you see what's going on in california with the blackouts. the severe weath

it was a flight attendant for ethiopian airlines. she was going to work on a flight to nairobi and then returned to addis ababa that day. look so happy and we've been waiting for months on. end the morning she didn't even wake me up because my son and i were like. i almost had my child and she don't want to wake us you know she just. she told me later when she called me she to call she once told me when she come back. and. it's a critical. and before she on board. she called me. and she told me that she wants to have lunch with me so i should pick her up and i said ok we'll do that you know it's sunday i got nothing to do so i'll do that. but she wanted to come up. sooner and conduct. a few hours after he last spoke to his wife oh you got a call from a friend asking if he had heard about a plane crash not far from the capitol. he went straight to the airport. i don't even know how to drive you know like i'm shaking. so this friend of mine he took me to the airport. and we start asking people whether they know something about it or no

and arrivals a day so this is putting a huge financial pressure on the airline but we are sustaining it over revenues in the last financial year was 20 percent higher than the previous year so you can see that we are on the correct path delivering the growth that that there airways has in its strategy we've seen you work in different strategies like acquiring stakes in different airlines and new routes is this part of the strategy aimed at pushing against the impact of the blockade exactly qatar airways has to find. alternate revenue stream and taking stake in successful airlines is exactly that the strategy you're pursuing an aggressive approach when it comes to having access to open skies like in the u.s. for example but. you seem to be having some problems when it comes to access could you give us an idea about the latest developments of. president trump is a businessman he met the airlines including me it was very kind of him to invite me so that he would hear the board sides of the argument and we prevailed because he realized that the information that was being given to him by

all the airlines want to grow.udy: all that and more on tonight's "pbs newshour." ♪ >> major funding for the "pbs newshour" has been provided by -- >> consumer cellular. whether you are a talker, texture, browser, photographer, or everything. the are here to find a plan that fits you. go to consumercellular.tv. >> bnsf railway. and with the ongoing support of these institutions. this program was made possible by the corporation for public broadcasting and by contributions to your pbs station from viewers like you. thank you. judy: the congressional impeachment inquiry has critical new evidence tying president trump to possible abuse of power. it came today from the man running the u.s. embassy in ukraine. the white house correspondent begins our coverage. >> a new day, a new startling witness in the growing impeachment inquiry. this time, it was bill taylor. taylor delivered a 15 page opening statement that stunned the room. he said the u.s. ambassador to the european union had been told by president trump that he

and arrivals a day so this is putting a huge financial pressure on the airline but we are sustaining it over revenues. in the last financial year was 20 percent higher then the previous year so you can see that we are on the correct path delivering the growth that that there airways has in its strategy we've seen you work in different strategies like acquiring stakes in different airlines and new routes is this part of the strategy aimed at cushioning against the impact of the blockade exactly but that airways has to find alternate revenue stream and taking stake in successful airlines is exactly that the strategy you're pursuing an aggressive approach when it comes to having access to open skies like in the u.s. for example but. you seem to be having some problems when it comes to access could you give us an idea about the latest developments of president trump is a businessman he met the airlines including me it was very kind of him to invite me so that he would hear the board sides of the argument and we prevailed because he realized that the information that was being given to hi

so this is putting a huge financial pressure on the airline but we are sustaining it over revenues in the last financial year was 20 percent higher then the previous year so you can see that we are on the correct path delivering the growth that that edwards has in its strategy we've seen you work in different strategies like acquiring stakes in different airlines and new routes is this part of the strategy aimed at cushioning against the impact of the blockade exactly qatar airways has to find alternate revenue stream and taking stake in successful airlines is exactly that the strategy you're pursuing an aggressive approach when it comes to having access to open skies like in the u.s. for example but. you seem to be having some problems when it comes to access could you give us an idea about the latest developments of that. president trump is a businessman he met the airlines including me it was very kind of him to invite me so that he would hear the board sides of the argument and we prevailed because he realized that the information that was being given to him by the 3 american carr

as we wait, though, a discussion on the boeing 737 max airliner. >>> this is mary schiavo. good morning to you. >> good morning. >> remind people about the hearings yesterday. what was the purpose of specifically looking at boeing? >> the purpose of the hearing, there's many folds to it, but in particular the senate needs to be looking at whether the delegation of the authority to boeing to oversee a large portion of its operations and for safety certification should continue or whether they need to make changes. there were a lot of questions aimed at that. >> how much oversight power does the faa give? >> unfortunately, almost entirely. there have been many studies. in fact, back when i was inspector general we did a review of the boeing certification of the boeing 777. it's now a 25-year-old plane. we found that boeing had 95-98% self-certification. congress endorsed it to turn over to boeing and other manufacturers and certain processes of airlines the ability to self-certify, to inspect itself, to certify that it has met the parameters of the faa, that it has met the re

and arrivals a day so this is putting a huge financial pressure on the airline but we are sustaining it over revenues in the last financial year was 20 percent higher than the previous year so you can see that we are on the correct path. delivering the growth that that their airways has in its strategy we've seen you work in different strategies like acquiring stakes in different airlines and new routes is this part of the strategy aimed at cushioning against the impact of the blockade exactly but there airways has to find alternate revenue stream and taking stake in successful airlines is exactly that the strategy you're pursuing an aggressive approach when it comes to having access to open skies like in the u.s. for example but. you seem to be having some problems when it comes to access could you give us an idea about the latest developments of that president trump is a businessman he met the airlines including me it was very kind of him to invite me so that he would hear the board sides of the argument and we prevailed because he realized that the information that was being given

the korea is the latest victim to a rough business climate for airlines chelsea delaney is following the story for us what's going wrong with the sector. it's been a really tough couple of years for the low budget airline sector especially in europe and 2018 you saw over 20 airlines go bankrupt it's about that level this year already it's around 19 and clearing a lot of big european names companies like wow air here and germany and x.l. airways and france of has also recently gone bankrupt so we're seeing a lot and some of those are you know. factors that these companies can control things like oil prices labor shortages currency fluctuations but at the same time a lot of these companies have sort of come into the market thinking that they could under-price their way into growth that they could just cut prices to the baseline and they would be able to really fast but all of these companies were doing that and what it's really shown is that it's really you know a market for bigger companies like ryan air or easyjet and those are really the companies that are able to survive in a marke

and yet another european airline folds industry leaders say they'll be more to come hand in the package holiday era is over. and then fizzle and that's to business lavish celebrations in china and a display of military might to 70 years of communist rule this is how the party is celebrating but let's look at how the chinese economy grew so quickly and what the current slowdown means for the globe with the trade war raging when the communist people's republic of china was founded in 1949 the country was dirt poor 70 percent of the population were peasants all day laborers getting by on just $57.00 a year. nationalized industry and redistributed land from the wealthy to the poor it was chaos the reforms caused widespread famine that killed millions millions more died in a wave of terror and in reeducation camps after miles death in 100 $76.00 things helping open the economy somewhat laying the foundations for the current form of communist back capitalism chinese g.d.p. as risen from $150000000000.00 in 1978 to over 400 trillion the 2nd biggest economy in the world well let's talk to about

airlines. again, many u.s. airlines fly the airbus.ered more than 250 planes right now from airbus, that's the order. we'll see if the order sticks. lauren: and staying with boeing, some disturbing revelations from one of their engineers who helped develop the 737 max. according to published reports, the engineer filed an internal complaint after the two crashes, saying the company's culture had an effect. boeing said quality and integ integrity are at the core of the values. cheryl: the ceo discussed why pilots were unable to prevent the two 737 max planes from crashing. he was in new york yesterday. here's what he said. >> the early information established that in both flights a software function activated in response to incorrect information from an external airplane sensor, as part of a broader chain of events. this cree oughte korea ated mord for -- created more workload for the pilots. cheryl: southwest airlines says it doesn't expect to fly the 737 max again. the pilots in particular said this from southwest, until march of 2020

most airlines have accounted for the max being out of service, flying more off-peak. don't know what a perfect time would be, but we think of an airline day as 7:00 a.m. until 7:00 p.m. instead of doing that, you may have to do a 6:00 a.m. flight, or not :00 p.m. flight to get to where you are going in a timely fashion. that is how they are managing it. ,hey are doing more off-peak more connecting, less nonstop. those are the two things -- it is not as great a product as it could be if it were nonstop. but on the other hand, you'll get to where you are going certainly for the holidays. shery: thank you so much. helane becker of cowen with the latest on air travel. tesla is in overdrive, the shares having their best day in more than a year. the company posts a surprise profit with echoes of 2018. this is bloomberg. ♪ shery: tesla shares surging at the moment after posting a surprise third-quarter profit, its first in almost a year. aig.more, let's bring in cr this has feelings of deja vu from 2018. the question is, will this be sustained? >> you are seeing a lot of ana

in dallas where i represent we have two airlines, southwest airlines and american airlines both of which have extensive hubs in my area. they have invested heavily in your aircraft. this grounding and these catastrophes have cost them over $1 billion. then canceled nine -- their hard-working employees are feeling the financial effects of your negligence. now, when the 737 max flies again, after it has gone through the needed changes that are just now being done which i think some of this process is shown you knew should've been done in the first place, it will be a profitable aircraft for your company. so my question to you is, how will you compensate the airlines and their employees who have lost so much due to your negligence? >> congressman, we have been working with a number of airlines including american and southwest. as you might've seen and are less quarterly report we took a charge of several billion dollars associated with what we call customer compensation. those discussions with those two airlines and many others around the country and around the world ongoing, and our intent

boeing will be involved in doing what airlines ask, but at that point, it becomes an airline-centered. that is probably where we will see the most outreach. carol: from the global skies to the supply chain. kailey: here is austin carr about what chipmakers tell us about the undoing of the great global semi-conductor supply chain. >> the crazy thing is you don't realize how embedded in the market is every single device we use, whether it is windows pcs are all the teeny parts that control memory and processing speed. they come from a global set of partners mostly in asia get power so much of what we had in the u.s.. so the big thing we are focusing on is whether or not there will be this great unwinding for a market headed towards more interconnectedness that now might be pulled apart. kailey: so they are in everything, but they are not made everywhere. can you map that out? >> totally. one thing we highlight is this big ip lawsuit between global foundries, a semi conductor foundry -- kailey: these guys are always suing. >> there's arguments about the legitimacy of the lawsuits. but wh

lawmakers we've made mistakes one year after the 1st of 2 fatal crashes of the boeing $737.00 max airliner the c.e.o. says his company deserves scrutiny also additional standing up to silicon valley germany and france increase their efforts to build rivals to u.s. tech giants and saudi arabia opens its doors to the globe's fast growing tourist trade but is the country ready for it. i'm chris cuomo welcome to the program boeing c.e.o. done as muslim berg admitted to a u.s. senate committee that his company got things wrong in the development of the 737 max airliner to his days hearing came exactly one year after the crash of a 737 caused by a faulty flight assistance program only weeks later a 2nd accident with the same type of aircraft likely caused by similar problems rather to vhs of the 346 people killed watched mr berg admit that the company has quote made mistakes. on behalf of myself and the boeing company we are sorry deeply and truly sorry as a husband and father myself. i'm heart broken by your loss. it was an emotional address delivered exactly a year after the crash of a 737 mox

senate committee that his company got things wrong in the development of the 737 max airliner today's hearing came exactly one year after the crash of a 737 next caused by a faulty flight assistance program only weeks later a 2nd accident with the same type of aircraft likely caused by similar problems relatives of the 346 people killed watched mr berg admits that the company has made mistakes on behalf of myself and the boeing company we are sorry deeply and truly sorry as a husband and father myself. i'm heartbroken by your loss it was an emotional address delivered exactly a year after the crash of a 737 mox in indonesia that killed everyone on board in march of this year tragedy struck again when the same model came down in ethiopia. since then 737 mach have been grounded the classes are thought to have been caused by a software fault us lawmakers accuse boeing of knowing it systems were subpar and of failing to train pilots adequately those pilots never had a chance these loved ones never had a chance they were in flying coffins as a result of. boeing deciding that it was going t

american airlines is delaying the return of its boeing 737 max from its schedule until mid january as longer than any other u.s. based airline american had previously planned to fly the model by early december the federal aviation administration has not said when it will allow airlines to operate the jet it has not been flown since march after 2 fatal crashes within months of each other boeing has developed a software fix for a malfunctioning flight control system u.s. authorities have yet to approve it. and let's go to our financial correspondent in new york he ends quarter for more on this boeing stock doesn't seem to be too affected by this decision today despite the cost the company could incur from this grounding is what's investor sentiment about the company right now. well i mean the 7378 to machine them the 737 series in general are the best selling planes for boeing yes there are delays yes there will be a loss you would say yes there have been some possible cancellations from customers but overall and analysts on wall street believe that at some point the planes will get cle

. >>> well, coming up next, sf 0, the airlines told to suspend one of the heaviest used routes. what that means for customers. >> a look at the after math of hurricane nestor. >>> the airlines forced to suspend service at the bay area's busiest airport after the deadliest crash that killed 3 people. 180 were involved in that crash when they hit a sea wall during a landing attempt. here is more from airport with the rare kind of punishment and impact on travelers heading to korea. >> reporter: brian and juliet, the struck ling airline tried to appeal this punishment for years, but the rest they recently upheld this. it will hurt the airline which is facing loads of debt but could ultimately hurt the passengers as well. >> for e low who drove all the way from tracy to sfo airport to send his mother-in-law off to korea for a special trip spending thousands of dollars isn't easy. >> for us to go there, we work for everything we earn. every penny makes a difference in these times. >> reporter: they will suspend routes until next year. they said the punishment will cost $9.3 million i

that's a system we have offered as an option to airlines. some airlines don't want it. it is not necessarily a safety improvement. it actually takes up space on the what deck and more information on the displays is not necessarily safer. safety featurea will stop >> on saying is you should give the option without any price. do you agree to do that? >> senator, yes. we've announced the angle of attack disagree alert will be on all planes going forward standard and the indicator will be available as an option. so given your stated support for -- often. >> so given your stated support >> so given your stated support for the principle behind my legislation, will you support my legislation that ensures that you offer to provide any technology that measurably enhances safety? would you agree to support that legislation? >> senator, i haven't seen the specific legislation. i think the principle around focusing on safety is the top priority. i agree with that. it's a worthy pins principle. i'd ask if we can take a look at legislation. >> the word is free to an airline for anyth

we saw over 20 airlines go bankrupt it's about that level this year already it's around 19 and clearing a lot of big european names companies like wow air here and germany and x.l. airways and france of also recently gone bankrupt so we're seeing a lot and some of those are you know. factors that these companies can control things like oil prices labor shortages currency fluctuations but at the same time a lot of these companies have sort of come into the market thinking that they could under-price their way and to grow that they could just cut prices to the baseline and they would be able to grow really fast but all of these companies were doing that and what it's really shown is that it's really you know a market for bigger companies like ryan air or easyjet and those are really the companies that are able to survive in a market like this was all about run at chelsea let's just have a listen to how its c.e.o. sees the future of the industry i found this quite interesting i think it is inevitable that in the next 5 or 6 years you are somebody to run for large carriers beechwood go 20 p

grow as a major airline cancels more flights with the aircraft through early next year we'll have the details. also on the show is the fossil fuel economy on the brink of collapse us economist and all the jeremy rifkin thinks so and tells us how a greener economy is already in the making. this is your business report i'm stephen bears in berlin thanks for joining us american airlines is delaying the return of its boeing 737 max from its schedule until mid january that's longer than any other u.s. based airline american had previously planned to fly the model by early december the federal aviation administration has not said when it will allow airlines to operate the jet it has not been flown since march after 2 fatal crashes within months of each other boeing has developed a software fix for a malfunctioning flight control system u.s. authorities have yet to approve it. and let's go to our financial correspondent in new york he ends quarter for more on this boeing stock doesn't seem to be too affected by this decision today despite the cost of the company could incur from this groundi

your heart racing right now then -- karen fineman has a way to possibly use big ups and downs in one airline i'm in your advantage. and well, not his house per se more like his housing stock him mike drops the mic with one play it's time to rick less and make more ""options action"" starts now. >>> let's get to it. healthcare having a bit of a hangover up 6%. the second worst performance of the year biogen, pfizer, cigna weighing on the space, down double digits the sector has been caught in the crosshairs of late as the 2020 election draws closer our truck master carter worth has a prognosis. she on the plasma. >> we're not really at the plasma not yet. are you going to go there? >> i'm waiting for per mention. >> permission granted. you are banished from the desk >> thank you >> so, you know, this has obvious been a dud, in many ways, it was a year of risd hig market, reit staples, winning, healthcare is that other area that's both defensive but is offensive. at this point it's a head you win, tails you win, let's talk about it so since data is available back in 1989, this is a chart showi

hamilton, alaska airlines, my state's airline, it's a very good airline. it's certainly critically important to my state. i know it is to the ranking members' states as well. they fly almost all 737 boeings. we alaskans travel a lot. i've had many constituents in the aftermath of these max crashes that have asked me, are the 737 that we are flying on all the time in alaska to and from seattle and other places safe? so, can you -- can both of you assure my constituents that these 737s are safe, that are such an important component of the alaska air travel? >> senator, the 737 ng fleet that alaska operates is a safe fleet. it's a safe airplane. and it's got about 200 million hours of air safety track record behind it. >> mr. hamilton? >> yeah, i agree with mr. muilenburg's comments. i agree with mr. muilenburg's comments. i also want to state that we have a weekly meeting that we review all the reports coming in from the fleet as to whether or not they are potential safety issue or not. >> so, the max issues that we're focused on here with regard to 737s are

and travel halfway around the world on just one plane and airline makes history setting a new record for the longest non stop commercial flight. i'm rebecca ritter's welcome to the program protesters in hong kong a defying police and recent attacks on pro-democracy activists to attend an un authorized march police and protesters clashed when officers charged the protesters and fired tear gas and water cannons protesters have set fire to barricades the demonstrators are pushing for more democratic freedom in the semi autonomous chinese territory tensions are high after a prominent rally organizer and an activist handing out flyers were brutally attacked earlier this week. over the latest we're joined by day to be a correspondent charlotte shells some pill he's in hong kong charlotte tell us what's happening there at the moment. rebecca hundreds and hundreds of thousands of people have been back on the streets today is really turning into another violent evening we've seen news very liberally on the streets with that said blue dye which is so often used here in hong kong designed to su

it may not be a smooth schedule which could create some operational challenges as airlines start to flyhe 737 max again. "nightly business report," chicago. >>> still ahead, demand is strong for new homes, sosohy are prices falling? >>> vice president pence expressed hope for a near term trade deal with cna while at the same time accusing beijing of restricting righthtand libertieiein hong kong taxpayer policy speech came ahead of a new round of talking aimed at ending t ending the trade war between the u.s. and china. >> the opportunity we have to set this economicelationship right is where a new reretionship between the united states and china not end. but in that environment of a more affair, mutually respectful, reciprocal eclationship as the president often says, we think there is a foundation f our nations to move forward. >>he vice president also criticized the nba, accusing it of acting like a, ote, wholly owned subsidiary of china. this follows the nba's handling of a team owner's support backing protesters in hong kong. >>>> other news we are watching tonight, boris johnson ca

and having a sole supplier and every pilot in our airline is expert in the 737.a lot of advantages, not just efficiency, but just safety advantages to being devoted to one aircraft type i'm not saying we're going to change i'm simply acknowledging that that's something that will need to be reviewed and next year will be the time to review that. >> just to be clear, gary, are we talking about diversifying within boeing's fleet types or migrating to a different manufacturer and i wonder what you think herb would have said about all that >> well, i know what herb would have said because i know what he did say, and we've always evaluated other aircraft, other aircraft manufacturers, and especially when there's new technology that comes on the market we've done that numerous times in my 34 years at southwest airlines so next year will be appropriate for us to do that again, and yeah, i'm primarily talking about diversifying from having a sole supplier. we have no interest in having smaller airplanes, bigger airplanes. we want to stay in the narrow body market, but aga

and to travel halfway around the world on just a single airplane an airline makes history setting a new record for the longest nonstop commercial flight. i mean if you can and thanks so much for joining us. protesters in hong kong are defying police and recent attacks on pro-democracy activists to attend an authorized march police and protesters clashed when officers charged at protesters and fired tear gas and water cannon protesters have set fire to barricades the demonstrators are pushing for more democratic freedom in the semi autonomous chinese territory and tensions are high after a prominent rally organizer and an activist handing out flyers were brutally attacked earlier this week. and for the very latest we're going to cross to d.w. correspondent charlotte shelf impale who is in hong kong for us charlotte tell us what is happening right now where you are. and you know it's been another extremely violent evening this evening police and protesters for hours were really playing a cats and mouse game in this area that we're in at the moment protesters would gather police then would

poorly mcalister faced a growing largest point of business relationships with airlines poorly callus or face a growing internal scrutiny about his handling of relations in particular alienating important customers internal scrutiny about his handling of relations in particular alienating important customers following the 2737 max crashes the 7 $37.00 has been grounded since march following the $2737.00 max crashes the $737.00 has been grounded since march and it cost the major airline company $8000000000.00 commercial business relationship it cost the major airline company $8000000000.00 commercial business relations are more than 60 percent of boeing's total revenue last week c.e.o. dennis millen burdens are more than 60 percent of boeing's total revenue last week c.e.o. dennis miller was demoted from his position as chairman of the board but he does remain as one of the chief executive was demoted from his position as chairman of the board but he does remain as one of the chief executives and that is one of the biggest questions today on capitol hill why is mil and we're still us a

apple is one of the united airlines biggest corporate clients to bay area. >>> united airlines says it is also going to add larger overhead bins on most planes. that is help improve boarding on united plate. the bigger bins allow for one bag per customer on domestic flights. the bigger bins help they need to check back at the gate. >>> classes once again canceled in the city of chicago. the teachers strike in the third week with a possible deal over the weekend. they seem to be. backwards. yesterday the city said it is a fair offer on the table but the teachers union does not agree. the teachers union says the city is not taking demand of the lower and smaller class sizes seriously. the mayor of chicago says enough is enough.>> we met the ctu parties at every single turn. it is time for them to say yes. select the city of chicago says it made a historic contract offer and cannot afford to give anymore because of a $2.5 billion a year price tag. the city did reach a new deal with school support staff employees over the weekend. >>> still burning through the night. the kincade fire is st