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boeing in pre-market is down over 8%. >> we will have more on boeing later on. boeing causing the dow futures to be down 130 points. down 8%. silvana, thank you. we will see you later on. >>> turning attention now to washington, d.c. and congressional leaders reaching a top line spending agreement to avoid a partial government shutdown later this month. nbc's drew petrimoulx joins us from washington. drew. >> reporter: good morning, frank. house speaker mike johnson and senate ma leader chuck schumer announced the deal. details of the plan for the military and non defense spending. it is a significant step toward avoiding a government shutdown, but doesn't extinguish the threat. the first of two deadlines is approaching on january 19th when some parts of the government will run out of money. speaker johnson is working to sell the plan to house republicans, pointing out it cuts $10 the10 b$10 billion in . it is getting push back from chip roy from texas who used an expletive. the deal was even worse than we thought and a total failure. for his part, president bid

today, boeing suffers another setback. even the faa. even as the faa clears the path for the grounded max nine to fly again. you're watching. getting answers. i'm kristen sze. thanks for joining us today. the faa laid out the inspection process that clears the way for the grounded boeing 737 max nine to take to the skies again and quickly, alaska said its max nine will return to service tomorrow while united said it will be sunday. this comes three weeks after an alaska jet made by boeing lost pressure mid-air when a door plug blew out at 16,000ft above portland, oregon. thank fully, no one was seriously injured, but this mishap shined a light on boeing's manufacturing practices and put the industry and faa into crisis mode. joining us live now is henry harteveldt, president of the global travel industry research and advisory firm. the atmosphere research group. henry nice to have you on today. >> hello, kristen. >> so the faa has cleared the max nine to fly, but what is the process? tell us about the inspections that they need to go th

the industry needs boeing, the country needs boeing.ng that the remedial efforts that you have undertaken in the last couple days are going to bear fruit. as you say, liz, i bought hundreds of boeing airplanes while i was, had the good fortune to run american airlines, and the fact that boeing expect stamp of quality was everywhere on boeing, and we all need it to be back. liz: well, yes, we need it to be back. but what would you say he needs to do to get it back? if you know, you look at, you look at how the industry has changed since you were running american airlines back in 19, what is it, 85? and you were also -- >> [inaudible] liz: many, many years -- >> to answer your question directly, i think the only people that know what needs to be done are the people at boeing and the people who are running boeing and the people who build the airplanes. you know, u.s. aviation has an extraordinary safety record, and that safety record is there because the individuals that make up the aviation industry have made personal commitments to be su

if there were no warnings, what is going on at boeing?— is going on at boeing? ideal start _ is going on at boeing? it's not an ideal start to _ is going on at boeing? it's not an ideal start to a _ is going on at boeing? it's not an ideal start to a new _ is going on at boeing? it's not an ideal start to a new year - is going on at boeing? it's not an ideal start to a new year for - is going on at boeing? it's not an l ideal start to a new year for boeing and they probably hoped 2023 was behind them and things are going to improve and it's not the case. it is pressure in the supply chain. the industry is struggling to deliver on time in terms of a aircraft deliveries. manufacturers are putting pressure on their suppliers. i knew sense that something has slipped in boeing. it has been like that for a couple of years and they haven't got to grips with it. maw; haven't got to grips with it. many eo - le haven't got to grips with it. many peeple will _ haven't got to grips with it. many people will remember _ haven't got to grips with it. many people will remember

uh, boeing 737 max. not me, bryce. great to get your insights, professor of aerospace safety and to the break house in the us. thank you so much for your time. thank. thank you. let's get around up now of some of the world news headlines. at least 11 people, including 5 children have been killed in a russian nissan strike in the eastern ukrainian region have done yet. russia has intensified. it's a tax on your crime since the start of winter. ukrainian presidents, the low to mid zalinski says russia has launched hundreds of me solves in the last week, a line and wives and partners of russian soldiers conscripted to fight in ukraine have staged a protest outside the kremlin dice. id exhausted troops should be allowed to return home from the front line. the women also light flowers at the tomb of the online soldier. underneath the kremlin walls, that the prime minister of bangladesh site has seen that has cost as long as you know, elections, which are largely uncontested because of an opposition boy caused the ruling all

this is a major company, headed now, by the way, a former boeing official, former boeing official who served in the trump administration as a pentagon official and boeing and the pentagon have a huge relationship in terms of military production. this is a big company. it does raise questions about not only the faa's oversight of the safety situation in building planes, but also in boeing's own oversight of its own subcontractors and partners. to be clear, the faa in the past couple of years has twice named spirit aerosystems in its allegations against boeing related to the 737 and safety issues. juan: what did you find in terms of the faa's ability to conduct the necessary oversight over not only spirit and boning --boeing, but other aircraft manufacturers? >> experts told as part of the problem here is there are now so many subcontractors and the faa has not had the funding necessary to do what these experts say is the necessary kind of inspections and oversight over these contractors. now it is not just one central company, it is a company like boeing but with all sorts of subcontra

we begin with the crisis at boeing after fridays incident 737 nine plane, the boeing ceo has said it is critical right now the aviation giant to work transparently with customers and regulators. speaking after the federal aviation administration said boeing jets fitted with the same panel is the one which blew off during the one which blew off during the alaska airlines flight will remain grounded until deemed safe to fly. it is not severe move as the grounding of all max jets worldwide year ago following a pair of fatal crashes but is hundreds of fights i cancelled over the weekend yet another reputational blow for boeing. earlier i spoke to in aviation analyst who told me all eyes on wall street and how investors will react when markets open stop the immense reputation boeing has continued to suffer. with the boeing 37 max has been an incredibly costly programme for them. all eyes will be on the markets on monday because this incident with alaska airlines happening on friday evening it has of the industry but of the world because the 737 max became a household name when it was grou

boeing is trying to evade safety regulations.t year in december 2022, they went to congress because the faa -- all of the safety regulations are written in blood. all of them are there because people have died. so the regulations in response to the death and trying to prevent more deaths. so boeing took congress, and through the military authorization act, they got another exemption for themselves. so going to congress to get exemptions for safety? the only thing that can be done i think is the passenger has to be able to choose. yesterday was the deadline for the agreement. so boeing has criminal charges against them from the doj. the doj and boeing made an agreement that is a legal because they did not consult the victims. in the united states, we have the crime victims rights act. when there's any kind of negotiations or procedure going on in a criminal case, the prosecutor has to contact the victims. we reached out to the doj and said, we are victims. they said, no, no, there's nothing going on. in the trump administration, t

boein: is these boeing planes? frankly, not. boeing is an _ these boeing planes? frankly, not.n amazing _ these boeing planes? frankly, not. boeing is an amazing company - these boeing planes? frankly, not. boeing is an amazing company and | these boeing planes? frankly, not. - boeing is an amazing company and has been around for a long time. they've made some mistakes in the past few years and cutting corners to keep costs low is bound to have been a part of it but they are really trying hard. i have watched over the last two years, trying hard to get better. but this proves that they are not there yet. i better. but this proves that they are not there yet.— better. but this proves that they are not there yet. i appreciate your time and your— are not there yet. i appreciate your time and your expertise. _ are not there yet. i appreciate your time and your expertise. thank - are not there yet. i appreciate your| time and your expertise. thank you very much. president macron has named a new french prime minister to take overfrom elisabeth borne who resigned on monday. he's the c

so this is a guess, a kind of a disaster for boeing at what does boeing and of course you get us regulated as need to do to convince people that it really is okay to fly and planes like this, as well. as of right now, this is saturday evening, my time here in florida in the us. the united airlines is grounded, several of them. max nines, alaska airlines is grounded, their max gallons under an emergency air words and is directed from our federal aviation administration. so all of those assets, easy answer, yes, the boeing the airlines, they're going to get together. and they're going to make sure that inspections are done so that they can verify the safety of these aircraft before they get into the sky again. and. and what about elsewhere, i mean, other regions around the world, particularly i guess, here in europe to will be, will be also looking to what us to investigate is managed to uncover. absolutely, the great thing about where we are right now, everybody communicates extremely well. so any country that has an airline operating the max 9, that'll be paying very close attention to wha

— boeing having its planes rounded? ., g; grounded? for boeing the 737 max, grounded?g the 737 max. jude _ grounded? for boeing the 737 max, jude brings _ grounded? for boeing the 737 max, jude brings occurred - grounded? for boeing the 737 max, jude brings occurred at i max, jude brings occurred at the same time. on one side it is the best selling for boeing. it's a bestseller and airlines are continuing to place orders for thejet and secure are continuing to place orders for the jet and secure some great deals, especially in the aftermath of all of that suffering when the aircraft was grounded for two years. on the other side, grounded for two years. on the otherside, it's grounded for two years. on the other side, it's incredibly costly. we have had damning reports that show that boeing "failed with its relationship with the federal aviation regulator and a lack of oversight contributing to those two accidents. "if you cast your mind back a few years ago, while it's been working hard to reassure markets and to reassure markets and to reassure the flying public that

raise the quality bar on boeing and hold its feet to the fire to ensure boeing sends us good planes. well, from planes to autos, tesla's stock, that is the mag a enough sent seven name that is skidding hard. it is down right now 11.8 president after the ev maker missed on both fourth quarter profit and revenue and ceo elon musk admitted tesla needs to start spending on advertising. now that the ev market is getting way more competitive. this is a major admission by musk. they do not advertise. but one longtime tesla bull now frustrated investor ross gerber predicted right here on "the claman countdown" yesterday before the earnings releaseing they've got to advertise. listen. >> tesla is working on a dynamic pricing model where they don't make any effort to increase demand, and it looks like the way they're trying to increase demand is by doing some sort of world tour for the cyber truck even though they don't have cyber trucks to sell people yet and maybe not for a while. and so, you know, they're trying to goose other sales by using the cyber truck, but they just need to advertise

the boeing brand, this was huge. it was known _ worse. the boeing brand, this was huge.the boeing brand, this was huge. it was known for its - worse. the boeing brand, this was huge. it was known for its safety l huge. it was known for its safety record. how much reputational damage have they suffered, and financially, what does that translate into? the roblem is what does that translate into? tue: problem is that what does that translate into? tte: problem is that the what does that translate into? "tte: problem is that the 737 what does that translate into? tte: problem is that the 737 max is bowing's flagship aircraft. it is one of the bestselling aircraft of all time. its safety record has been badly tarnished by the two crashes in ethiopian and of indonesia. that aircraft had to go through an entire recertification process. it was described by the head of the us regulator is the most scrutinised aircraft in history. boeing insist it is a safe aircraft but the manufacturer has come under fire in the past for putting profit over safety, for trying to ramp up productio

0ur of the boeing 737 max fleet?the investigation so we can't make any broad statements about the fleet, but i am very encouraged, again, that the faa took action to temporarily ground this particular aircraft for inspection and for addressing any potential concerns that were identified through those inspections. yes. inaudible. the question is... where was the nearest person to this particular portion of the structure that blew out, and whether there was a teenager or an adult nearer that particular location. that is part of what our cabin safety and survival factors team had determined. i have asked that question myself but i have gotten different answers. so until we can really actually determine who was where, i don't want to provide an inaccurate information. hopefully i will have that for you tomorrow. yes. inaudible. the question — you tomorrow. yes. inaudible. the question is _ the question is how long will it take to inspect the max? i don't have that answer but faa can probably provide an answer to you or t

at boeing. there will be some board members there, the leadership team from boeing.hey're in renton, washington, and they're going to be talking with employees tomorrow about focusing on making sure they build the safest planes possible. one last note. take a look at shares of spirit. jim brought this up earlier. i'm at a loss for words in terms of what to say here, jim. we have talked about this off air, on air, repeatedly. now, we don't know if spirit is directly implicated in terms of what caused this accident, but we do know that they made the plug and they make the fuselages for the max, so there are questions about whether or not spirit -- what role they may have played in this, and that's why shares of spirit are down more than 12%. >> you know, phil, we all remember when boeing kind of off loaded spirit. it was one of those things that really kind of raised numbers for boeing. but you know what? $3.6 billion company. it's caused so many problems, and i wonder, is it just too complicated, the way boeing decided to make these planes, by trying to organize all t

, 2023 was it your we saw boeing, 2023 was it your we saw boeing start to recover from the pandemic as7 crisis, 2024 was supposed to be the year that boeing got its mojo back, so this is a black eye. figs boeing got its mojo back, so this is a black eye.— this is a black eye. as he said, this is a black eye. as he said. the _ this is a black eye. as he said, the company - this is a black eye. as he said, the company do - this is a black eye. as he | said, the company do you this is a black eye. as he - said, the company do you see companies like them having more market issues because of it? airbus is having a strong run, there a tree —— a 23 product competes with a 737, its engine version has had good entry into the service and for other airlines have a longer—range boeing has nothing that competes in that segment so airbus has been able to steal a march on boeing in this case. 0ther march on boeing in this case. other competitors aren't that far behind they haven't produced many aircraft. how lona will produced many aircraft. how long will the _ produced many aircraft. how long will th

boeing aircraft are.no plans to leave the factory until they're confident these issues have been resolved. liz? elizabeth: there's nothing like hillary vaughn with a stick mic getting the answers. hillary, you are intrepid. great reporting. aviation expert, mike boyd. mike, okay, your reaction to hillary's report. here's what's going on, a whistleblower in boeing's factory reportedly in washington said the problem with that alaska airlines flight was that it was improperly installed inside the factory. we're going to show the viewer, there the have been even more scary incidents with boeing planes. mike, you know, it's beyond the door blowing out. it's gotten to the point where people are literally checking the type of plane they're flying on before they buy tickets. the wheel of a tell that airplane just fell off before it took out of out of atlanta. >> let's be clear, what happened in atlanta is very different. that's a maintenance issue with the airplane and the operator, and they're dealing with it. w

part of issue not a free market right, boeing airbus has basically duopoly control boeing has been losingven though it is at this point almost a government company right? 14 billion dollars, local tax breaks 70 billion federal loans 53 billion federal grants still can't get stuff together. maria: good point take a break somebody call fashion police new style of ugs boots viral for all the wrong reasons you are watching "mornings with maria" live fox business. ♪ . . ♪ lets your body move, ♪ ♪ ♪r la hey, hey ♪ ♪ let your body move ♪ . . "what should we do with it?" bacon and eggs 25/7. you're darn right. solar stocks are up 20% with the additional hour in the day. [ clocks ticking ] i'm ruined. with the extra hour i'm thinking companywide power nap. let's put it to a vote. [ all snoring ] this is going to wreak havoc on overtime approvals. anything can change the world of work. from hr to payroll, adp designs forward-thinking solutions to take on the next anything. that first time you take a step back. i made that. with your very own online store. i sold that. and you can manage it all in o

now, alaska is sending its own inspectors into boeing plants to double-check boeing's work, but minicucci says alaska will continue to fly an all-boeing fleet. >> it makes me angry, tom. boeing is better than this, and flight 1282 should never have happened, should never have happened. >> and, meanwhile, tom, united's ceo said his airline will consider buying from companies beyond boeing >> reporter: that means airbus, and airbus is already outselling boeing. meanwhile, here in seattle today, boeing announced a safety stand-down on thursday for everybody working on the 737 production line to drill down on quality control and safety as it tries to focus on getting better lester >> all right, tom costello, thank you. >>> up next, our tribute to a broadcasting giant, who delivered the news his way. we'll remember charles osgood >>> finally, sad news about a fixture of so many sunday mornings for so many. charles osgood has died in his memorable style, he brought the news to generations. here's harry smith >> this is charles osgood. >> reporter: for more than 50 years, charles osgood's voice

the boeing boss has acknowledged boeing made mistakes and it would work with regulators to make surehat it cannot ever happen again. hundreds of flights have been cancelled in the united states after airlines were ordered to ground and inspect their boeing 737 max 9 planes. earlier, i spoke to flightglobal�*s asia manager, editor, greg walden, and he told me this incident is a real black eye for the american plane maker. it certainly has an impact for the airlines involved. airlines are having to scramble to backfill that capacity. the much greater impact is on boeing. 2023 was a year we saw boeing start to recover from the pandemic as well as the previous 737 max crises. 2023 was actually a very good year. 2024 was supposed to be the year that boeing really got its mojo back. this is a real black eye at a very inconvenient time. the company also had those two clashes two years ago which affected boeing's reputation. do you see competition like airbus and comac gaining more market share because of this? airbus has had a very strong run in the narrow body segment. the a320 has had a g

tom: you you are almost exclusively boeing.eil: there were certain airlines out there last week talking about delaying. but we are very happy with this aircraft and would love to get more. tom: you are sticking with boeing for now. the summer season is looking bright. how is the demand changing? you think about the wildfires and heat of last summer. you getting more bookings for scandinavia and eastern europe? neil: we are in over 37 different countries. we have new markets like morocco. domestic morocco, albania for the first time. and a lot of demand for dubrovnik. the destinations you referred to are filling up very quickly. tom: when it comes to oil and the fuel cost, how are you looking at the red sea ramifications? this is something that team at ryanair is focused on? neil: in fairness, we are well hedged. we see a lot of short-term volatility out of the system. the curve -- the forward price is still cheaper than spot. we are 65% hedged out to march of 2025 which takes a lot of the short-term noise out of the system. we

then it goes to boeing, and boeing then takes it out, re-installs it in its final position. so that would be a very important additional entity to have in this investigation. and then, of course, also important and always the case in investigations, but the call to people in the neighborhood to search for the door. now, i think they can find the answer, and they will find the answers even without the door. but having the folks go out and search for the door will certainly help the investigation if it can be found. and i think it will be found. it's a fairly large piece. and in other accidents where airplanes have dropped pieces of the aircraft, they are usually found. >> yeah. she made the point of how much worse this could have been. no one in the seats next to the plug -- everyone was seated. i mean, what could have happened if the factors in play were different? >> well, and we only have to look in history. i've been working air accidents long enough to remember cases where on other aircraft a door was lost. and in some cases losing a door -- and this was in the '70s and

the much greater impact is on boeing. 2023 was a year we saw boeing start to recover from the pandemics the previous 737 max crises. 2023 was actually a very good year. 2024 was supposed to be the year that boeing really got its mojo back. this is a real black eye at a very inconvenient time. the company also had those two clashes two years ago which affected boeing's reputation. do you see competition like airbus and clo back gaining more market share because of this? �* , , ., more market share because of this? , , ., ., more market share because of this? ,, ., ., , this? airbus has had a very stron: this? airbus has had a very strong run _ this? airbus has had a very strong run in _ this? airbus has had a very strong run in the _ this? airbus has had a very strong run in the narrow. this? airbus has had a very i strong run in the narrow body segment. the a320 has had a good re—entry into service. especially for narrow body airlines that have a longer range. boeing does not have anything that competes in that segment really. airbus has been able to scale a march on boeing in this cas

this is a boeing leadership problem.ghter was killed when a 737 max 8 crashed in ethiopia a year after a similar crash in indonesia. we sent a letter with 1100 signatures from crash family victims and friends of victims, victims�* families and friends of families to the senate asking them to investigate boeing leadership to reveal how bad they are or not, and investigate the leadership and their ability to drive quality through the organisation. as boeing prepares to face investors, it's still under pressures from regulators and customers. the faa is limiting how many 737 max planes it can make and one of its biggest customers is rethinking its options. the american carrier is rumoured to be in talks with boeing rival airbus. despite the safety crisis, a lawyer for family members of passenger killed on a max plane in ethiopia says boeing is too big to fail. take a look at its importance to the american defence infrastructure. it is a very big deal. so we, for a lot of reasons, we want boeing to succeed, but at the moment

it went through the boeing process, and boeing didn't catch this.systems, they didn't catch it either. you know, everybody got very lucky in this situation because this really could have been horrible. and luckily it wasn't, and it seems like the faa is taking a cautious approach to this just to make sure that we fully understand what's going on here. if you were to -- from a financial perspective, the modest good news here is most likely this is not a design issue because it's a very standard thing used in industry, but a fabrication issue, an assembly issue, and where did that issue happen, and why wasn't it caught? that's what gives me pause. you know, at this point, it's one of those thing whes where t program was inching back some confidence, that kind of gets blown away by this. you know, boeing's reputation was, again, the same thing, it's impacted by that. but the reality is, joe, there's really only two airplane manufacturers, major airplane manufacturers right now, bowing and air bus. so i can't imagine unless we're interpreting some of th

an anonymous post appearing from a boeing employee alleges boeing's own records show these four boltsstalled, raising more questions about quality control. cbs news has confirmed 737 fuselages arrived at boeing's renton, washington, plant, with so many problems, manufacturer spirit aerosystems assigned a team to be on site to make repairs. ed pierson is a former boeing 737 senior manager turned whistle-blower. would it surprise you to learn bolts weren't put in a door panel? >> not at all. in fact, the only thing surprising to us is we are so thankful it wasn't a fatal crash. >> reporter: in a letter obtained exclusively by cbs news, senator tammy duckworth is demanding the faa decline boeing's request for safety waivers on a future version of the 737 max. >> and it is such a boldfaced attempt for profit over the safety of the flying public. it astonishes me that they would do that. >> reporter: tomorrow, boeing will pause production at the 737 factory for a safety stand down focused on improving quality. >> boeing is better than this. flight 1282 should never have happened. >> report

this is related to boeing's max production. we understand that is being halted by the faa and that includes for the 737 nine max aircraft that had the recent air alaska incident. the reason for the halt, the faa needs to increase oversight of boeing's production lines and they say the quality assurance issues are so far unacceptable. we have a statement coming out from the company. the faa telling boeing that it won't grant any production expansion of the max including the 737. really one to be watching because boeing has been making a lot of efforts to emphasize that focus on safety and quality, but still clearly a long way to go. the stock you can see slipping in after hours. paul: let's get back to the story out of china, about the looming rrr cuts and whether or not these policies can make any difference. we are joined now by kerry craig, global market strategist at j.p. morgan asset management. 50 basis point rrr cut for shadowed. is this the right medicine? does it fill you with confidence? >> good morning. i think the ur

after that, boeing changed . an automated flight control system is there something fundamentally amiss with boeing? right now? >> there are design issues that always come into play, especially when you introduce a new airplane as a result of that, boeing is looking very closely. they don't want any bad press associated with their max 737 max series. this is bad press for them. this is bad for everybody. they will get to the root of it and fix it. because if they don't, at the end of the day, shareholders are going to suffer. and that's not what they want. plus the traveling public and the airlines will suffer this is a partnership. and let's not forget that that everybody has a stake in safety. and as a result of that, things will get improved. and better and air travel will be safer because of it. >> normally, you can trust that in a capital istic society or when there's competition that it behooves the company and the shareholders for them to improve and eliminate problems. in this case, they're really only two

the faa, working with boeing, and boeing, by the way, has internal safety group.ad it for awhile, and they are now taking charge with this. they have a war room here where the max is built. they're reviewing the work history, not only for the alaska airlines plane, but all of the max-9s and coordinating what they're finding along with the ntsb and the faa. here's dave calhoun from earlier today. >> it's a safety incident, and nobody's going to live with that, period. we're all going to be certain, all of us, that there are planes that fly will never -- never fault like this again, have a safety incident like this again. >> all right, so, what happens with the grounded 737 max-9s? the inspection process, the protocol, exactly what airlines have to do to check these planes and check the door plug, they have not been finalized. still work going on between boeing and the faa. the grounding length remanes unclear. will this extend into next week? beyond that? nobody is sure. the cost, according to sheila at jeffrey's is $36 million for boeing, if you game this out over

boeing has confidence in the inspections as well. that was a good move. >> beyond the inspections of just these models, the 737 max-9s, there was this day of, what's it called, quality stand down at the production facility. i know what it sounds like, but practically what are they doing? is it just a day of seminars, hey, guys, let's do better? >> oh, yeah. it was the day of get your head in this quality control and safety game, however, there was a whole lot more going on behind the scenes because the faa, by the way, which answers of course to the u.s. senate and house of representatives in addition to the president, they're talking about hearings. remember, last week the faa dispatched at least 24 around two dozen additional inspectors to boeing to look at the safety guidelines and they have concerns about their safety oversight. they said you cannot ramp -- >> it will produce more prangs until we're happy. if they had found prob fwlems quality control, too. there is still an awful lot to be done. remember, there's also inspection

>>> breaking news tonight, the faa temporarily capping production of boeing 737 max planes after that door plug blew off midflight. the faa taking the extraordinary action saying, what happened aboard that boeing 737 max 9, quote, must never happen again, and ordering enhanced inspections before those grounded planes can fly again. >>> the ceo of boeing on capitol hill answering tough safety questions. >>> also tonight, the flood threat across the south. major flooding near louisiana. we're tracking it. >>> the gop presidential primary race moving on to south carolina after donald trump's dominant win in new hampshire. nikki haley holding a rally tonight and vowing to stay in the race. and president biden getting a major endorsement as he says he's gearing up for a rematch. >>> the military transport plane crashing in russia. moscow saying 65 ukrainian prisoners of war were on board and accusing ukraine of shooting it down. what really happened. >>> our update on a 14-year-old girl from gaza. our cameras were there as she was rescued from the rubble. months later where she, her sister

that incident has led to all boeing 737 max has led to all boeing 737 max has been grounded by the usation for the next 20 months. after this latest incident alaska airlines grounded their 737 max nine fleet. boeing has said it will co—operate with any investigation. we will look at what this means for boeing and the wide aviation industry later in asia business report and 15 minute �*s. stay with us for that. around the world and across the uk, this is bbc news. let's take a look at some other stories making headlines in the uk now. london underground workers have called off a strike which was expected to bring the tube almost to a standstill this coming week. rmit has said it has received an offer from the transport for london. police in lincolnshire say two people have died, after their car became submerged in water. it happened on saturday in the early afternoon near grimsby and the mouth of the river humber. police say there was a collision, and a blue mercedes 300 left the road. a 16—year—old boy and a iio—year—old man were pronounced dead at the scene. their next of kin have be

more if not for boeing and with all of that the bullish sentiment across the board, the boeing caseotwithstanding, but you see it continuing? >> i do and the investor sentiment has this rising tide that is lifting with it. any negative headline we get it seems the market has been is absorbing quickly. not for us to ignore the head winds we've seen over time and will continue to see, geopolitical risks, interest rate hikes, pausing or what the fed has to do with that and as you've been discussing all day we are heading into 2,024, political cycle, there's a lot that is in front of us. our economic data is showing that our economy has regained some of the softness we've seen regionally, investors are feeling more comfortable investing back into this market. when you couple that with the plan the fed will bring interest rates lower over a longer period of time, those effects will help wall street and main street. neil: always good talking to you. the dow jones industrials in record territory up 123.5 points. we are getting word that the uaw is very close to endorsing president biden fo

it will not help boeing. after the situation happened, this was the note coming from the faa this weekend. ordering a temporary grounding of the max 737 9 aircraft. 171 of those would be grounded worldwide. remember it is alaska air and united airlines that operate the max 9. turkish airlines and panama airlines and aero mexico grounded their jets for inspection. no european country operates these planes and the eu and uk adopted this just in case there was one around the specifications. what was the sentiment from boeing? they said safety is the top priority and deeply regret the impact of the event. they will ensure that they get their planes up to standard and will obviously require needed inspections of the 737 9 airplanes. alaska airlines coming out with the statement saying they made the decision to temporarily ground the planes pending the inspection and requirement to comply with the aead. it is is meant to take fo four-to-eight hours per plane. in december, boeing had to i inspect planes for the loos

the immense reputation damage boeing has continued to suffer.the boeing 737 max has been an incredibly costly programme for them. all eyes will be on the markets on monday because this incident with alaska airlines happening on friday evening, it has been the talk of the industry but also of the world because the 737 max became a household name when it was grounded for almost two years and here we are again with the grounding of 171 max 9 aircraft notjust in the us but countries including panama, turkey and mexico. there is reputational damage. what are the financial implications or impact for boeing having its planes grounded? for boeing, the 737 max, two things are true at the same time at one time, it is the bestselling shorthaul aircraft for boeing, it is a bestseller and airlines are placing orders for the jet and secure some great deals, especially in the aftermath of all of that suffering when aircraft was grounded for two years. on the other side it's incredibly costly. we have had damning reports that show boeing failed with its relatio

of course, boeing shares were _ right now. of course, boeing shares were hammered - right now.f course, boeing shares were hammered on . right now. of course, boeing i shares were hammered on wall street, as you would expect, on monday as were other companies affiliated with their suppliers. let us talk about the impact going forward. they have to fix this issue. they have to fix this issue. they have to fix this issue. they have to get to the bottom of this. but given the fact that the fleet was grounded just a few years ago because of horrific crashes were all passengers on board died in both cases, we cannot believe we are here again looking at safety and checking that faults are not loose. —— boltss are not loose. are not loose. -- boltss are not loose-— are not loose. -- boltss are not loose. boeing and other aircraft manufacturers - not loose. boeing and other aircraft manufacturers have| aircraft manufacturers have been through a lot over the last few years. post pandemic there have been severe labour shortages and a lack of air traffic control personnel and so on. at th

and in fact, the currency of, of boeing dave calhoun was brought on to rehabilitate boeing's image in 2020 now and he wants to. so boeing as a plane maker of technical prowess and not not taught follow the reputation that boeing had acquired as a plane maker. that was simply rushing planes down the assembly line with our thought rigorous control of especially supplier delivered parts. but now this incident has happened. the n t s b investigation alone is expected to take up to 18 months. regulators around the world have grounded the plane using this same adore plug. and that only means that cal, whose job has gotten that much harder for his part. however, he's problem is that boeing is going to show complete cooperation and transparency with the regulators. although it is expected that there is going to be an outcome to this investigation that would force some major changes on boeing's part a lot to find out for and i'm passenger 50. thank you so much for giving us those details to television. i do my own in washington dc as a lot of some other sorta is making headlines around the wor