but the thing is that boeing will not disappear because, as i said this long time ago, because boeing is essential to the military industrial complex in the u. s. right. it's not only sibling at crafted, so it's also me size uh, military aircraft. and um, and the for these boeing with no disappeared and boeing will not be condemned because if they are come down there will down against the federal, the new start, right. does the american states. so unfortunately for all the victims, nothing is really going to change. yeah. i mean, and, you know, serial i'm so sorry we're out of time right now, but, you know, i wanted, i wanted to talk about, you know, they're being these videos. he's hidden camera videos that have gone up on line of showing people speaking to boeing, employees in the factories, and these employees are on camera. hidden camera, admittedly, haven't had said i wouldn't even let my families fly on these lines. and next time scale, you and me will take this conversation further and discuss about sitting with that . that's a, it's a french aviation expert and a full, a pilot

top boeing management come to the factory floor to tell them that it does.t-second decision may have saved a police officer's life. that's next. next. so this is better. that too. dupixent is an add-on treatment for specific types of moderate-to-severe asthma. it works with your asthma medicine to help improve lung function. dupixent is not for sudden breathing problems and doesn't replace a rescue inhaler. it's proven to help prevent asthma attacks. severe allergic reactions can occur. get help right away for face, mouth, tongue or throat swelling, wheezing or trouble breathing. tell your doctor right away of signs of inflamed blood vessels like rash, chest pain, worsening shortness of breath, tingling or numbness in limbs. tell your doctor of new or worsening joint aches and pain, or a parasitic infection. don't change or stop steroid, asthma, or other treatments without talking to your doctor. when you can get more out of your lungs, you can du more with less asthma. and isn't that better? ask your doctor about dupixent, the most prescribed biologic in as

all in all, it is still such a mess for boeing and this isjust is still such a mess for boeing and thiser part of it. and this is 'ust another part of it. ., ., .,, of it. you are right, those fatal crashes _ of it. you are right, those fatal crashes followed - of it. you are right, those fatal crashes followed by | of it. you are right, those | fatal crashes followed by a door panel blowing off at 16,000 feet, problems also in the space industry for them and those strikes on the ground, the ceo troubles continue, this is a real test of leadership now, isn't it?— is a real test of leadership now, isn't it? yes, he only took over _ now, isn't it? yes, he only took over in _ now, isn't it? yes, he only took over in august, - now, isn't it? yes, he only took over in august, he i now, isn't it? yes, he only| took over in august, he did manage to negotiate with unions the end to that production strike which caused fresh headaches, because all of the partners, and the customers, they have had an awful lot of patience, the likes of ryanair ceo saying it is really affecting our capacity and our

claims boeing denies. retired and reached out to rod turkewitz, a charleston attorney who's worked with dozens of boeing employees over the last decade. >> john barnett walked into my office and told me about what was going on. and i asked him, i said, do you have documents? and he said, actually i do. he said, i've got thousands of documents. >> turkewitz says barnett had more than 3,000 internal documents, emails, and photos from boeing to support his whistlebloer claim. seven years later, john barnett was in the final stretch of his case. >> i think that john barnett was probably the best witness i've ever seen testify. he knew the facts up and down. and the defense lawyer objected and said, he's -- he's not even looking at the documents. and if i remember right, john said, i don't need to. i live this. >> he knew every detail of his case. >> absolutely. >> john barnett was scheduled to complete his final day of depositions on march 9th of this year. >> and i tried calling john to see if he needed a rid

what do you think is the root cause of boeing's failures? >> well, first of all, that's a little bit too much of a blanket indictment. there was nothing at all wrong with either of the 737 maxs it was. there was a lot wrong with some of the philosophy that was designed into it. i agree with that. that's back in the max as far as the door blow out. that is a pain to a philosophy that had been put into place on boeing's floor, so to speak, that that basically lionized production and speed versus uh- versus quality and that that was a huge price to pay. fortunately, we didn't lose anybody off that alaska jet. but boeing is an incredible company and incredibly important to the united states. they're going to have to go and they are going through a mid-course correction. but i don't think that anything in this muon accident uh- points to any inherent defect in the 737. >> for any of us who fly regularly, there's confidence lost when boeing shows a pattern of mistakes like this. but, you know, to your point, we have to put this all in perspective.

in other news, boeing's lea steve. in other news, boeing's plea deal _ steve.ver _ steve. in other news, boeing's plea deal over to _ steve. in other news, boeing's plea deal over to fatal- steve. in other news, boeing's plea deal over to fatal 737 - steve. in other news, boeing's plea deal over to fatal 737 max pressures has been rejected by us districtjudge. —— crashes. the judge faulted a diversity and inclusion provision in the agreement. it's another blow for the beleaguered plane maker who has been trying to recover from a year of crisis. meanwhile, the head of a leading us—china business groups as us consumers will be the biggest losers ever donald trump is ahead with his tariff proposals. trump has threatened to take action against canada, mexico and china on his first day in office. bennett thompson has been speaking to the president of the american chamber of commerce in china. it is frustrating to us sometimes that number one companies and consumers are a political football. in the end, companies in the us recognise that they benefit from trading wit

. >>> and we ask about boeing and its safety scares. is boeing too big to fail? >> i would say that they failed. >> reporter: and his biggest concerns this holiday travel. >>> and the end of an eras. taylor swift's mega tour, taking its final bow this weekend. >>> this is "nbc nightly news" with lester holt. >> good evening. and welcome. the manhunt that has riveted the nation has now become a nationwide search, as new york city police now say they believe their person of interest in the ambush killing of unitedhealth care ceo brian thompson, has fled town. more than 48 hours after the shocking, early-morning ambush, the nypd continues to build out a map of the individual's movement before and after the deadly attack. a trail, ultimately leading to the manhattan bus station, where it appears to end with the possibility he skipped down on a bus. since wednesday's shooting, police have gathered a potentially pile of evidence. from dna. including the full- faced photos now being distributed nationwide. >>> meanwhile, the murder of brian thompson is sending shock wav

tough going for boeing as a us judge rejects a landmark plea deal tied to two fatal plane crashes. welcome to business today. we start in the uruguayan capital montevideo, where in the next hour or so european commission chief ursula von der leyen hopes to sign a massive trade deal, two decades in the making, with south american nations. it would slash tariffs and other trade barriers between the eu and the maircosur common market — which includes argentina and brazil. but it faces fierce opposition from many in europe — more on that in a moment. so how big a deal would this be? significantly if the deal can be done. but that is a big if. european farmers fear a flood of cheap produce coming into europe from south america — especially beef. a majority of eu nations have to agree the deal to ratify it. germany and spain are in favour — but france has already said it won't play ball — as has italy in the last hour — rejectring it in its current form. joining me now is independent global economist azad zangana. it doesn't matter what eu chief does — members states need to agree. as 65

more troubles for boeing. a deal overfatal crashes is rejected by a usjudge. hello and welcome to business today. i'm steve lai live in seoul. i am in front of the national assembly in south korea. just behind me in the building there are ongoing meetings, and talks with the ruling party as well as the opposition party as well. we know in the last hour orso well. we know in the last hour or so that south korea's ruling party chief has called for the "swift suspension" of the president's duties. he says citizens could be in "great danger" if president yoon remained in power. han dong—hun�*s comments suggest a change in the people power party's position — a day earlier it opposed the impeachment of president yoon over his imposition of martial law. parliament is set to vote on saturday on whether president yoon suk—yeol should be impeached. the opposition parties are currently holding meetings of their own. the country's largest labour group — the kctu, which has over1 million members — has called for indefinite industrial action until the current administration

. >> it's been basically me standing in against boeing, right? >> reporter: why keep doing it? >> because i told everybody that i'll protect them. >> reporter: it's a concern multiple whistle-blowers who have worked on boeing's commercial airliners including 737 max told us, corners were cut as the company sought production. >> they've taken the focus off quality, off the people on the floor and put it completely on profit and going fast. >> reporter: garriatt said last year a 4 ton satellite estimated to be worth hundreds of millions of dollars crashed to the factory floor after it wasn't secured. >> after it happened one person was under the satellite and they barely got out. >> reporter: how significant is it to that satellite to have it fall like that? >> it's the equivalent of a plane falling out of the sky. it's the worst thing that can possibly happen. >> reporter: in the last year garriatt said he's raised between 3 and 400 safety violations with management. one employee we spoke with said he believes management views safety as a, quote, after thought. >> i don't think

and because this is a boeing, you know, boeing needs to get involved with this.o does the faa because, um, something like this. you never hear of a boeing 737 having such, you know, incidents or such a crash for that matter. >> yeah. that's right. and just you're mentioning boeing there. i know they are offering their condolences. they're saying this. i'll read their statement. we are in contact with jeju air regarding flights to one six and stand ready to support them. we extend our deepest condolences to the families who lost loved ones, and our thoughts remain with the passengers and crew. right. >> um, right, right. because, you know, boeing has been embedded in the korean market for, for, for an insane amount of years. and over the last 20 years, boeing's boeing's got its own trading facility, instructors, you know, a whole training setup that boeing has established over in south korea. so the quality of boeing pilots in south korea is pretty good. i mean, and i know some of them, but here we're dealing with a situation where clearly everything failed. it wa

boeing down 30%.n market navigator next. >> no application fee if you apply by february 12th at university of maryland global campus, an accredited university that's transformed adult lives for 75 years. you're not waiting to win, you're ready to succeed again at umgc.edu. (realtor) we've been telling clients it's nearly impossible you're not waiting to win, you're ready to sell a home in winter. not true - i just help them sell directly to opendoor. it's hassle free. wait - this isn't going on the internet, is it? oh... (vo) it's true. opendoor makes selling easy in any season. >>> welcome back. as tim likes to say a lot of money can be made when things improve from terrible to bad, to let's take a look at boeing down by more than 30% this year although the stock has improved relatively recently. our next guest thinks it's prime for a comeback improving technical momentum and renewed operational optimism. joining us tony zhang, chief strategist at options play. what are you seeing in the charts and h

boeing star liner, we had a guest talking about the fact that boeing is coming back, cold comfort tove been marooned for a while. jonathan seri who i call my fellow astronaut has been exploring this. that is crazy. that is crazy. what's going on? >> they keep pushing their return later, they have their ride, space x crew dragon docked with the international space station but ideally they want them to wait until a relief crew, the next rotation of astronauts arrive at the international space station and nasa says they want to allow engineers more time to process the spacecraft that will bring those new astronauts, a new space x dragon. they arrived at the iss for what was expected to be an 8 day mission to test boeing's new spacecraft but intermittent thruster problems cause them to bring it back to earth without humans on board and they assigned. and suni to use an older space x dragon, the only type of us spacecraft currently certified to carry humans. space x has dominance in the market and elon musk's close relationship with donald trump is raising eyebrows on capitol hill. democr

earlier this week, he visited boeing's plt near seattle.h the aftermath of a machinist strike, which lasted from september to november, halting production, including on the 737 max. >> the faa had put boeing on a pretty short leash, and then comes the strike. what are you seeing, in terms of the recovery from the strike, and the overall sense of how they are doing on changing culture? >> so, if you go back to the comprehensive planor two months, and it ended , out a month ago. which we agreed on in may, boeing has started executing on that. the strike stopped production for two months and it ended about a month ago, so what we have done is we have stayed in very close contact with boeing during this time to make sure they are following safety management protocols. they have taken the last four weeks to get ready to start production, to ensure their employees are ained, a importantly, making sure the supply chain is ready to feed the production line. >> the fact that they have not immediately resumed production, you take that as a good sign?

and this is something that boeing wants to avoid. so let's focus on one thing. we have all the crashes and you need to make the difference between incident accident and crashes. what happened in south korea is definitely of crash. that's no questions asked. what happened in a couple of past days, more specially in netherlands when you have another 737, will speed up the runway. it can be easy, you have to understand what's the difference between an incident and accident. an incident is when you have something on an aircraft, but the aircraft is not damaged. the structures of the output, i'm not damaged and you have no dad and no one to this is classified as an incident . as long as you have damages in the craft. one, the dead people or damages and district your of the airport. this is classified as an accident, doesn't mean it's a crash. that said, people want to be really serious. we should not focused only on the pressures nor the accidents, but on all the incidents and some people at boeing, former employee is they have come to trade. and then this more speci

but going back to the fact that this is a boeing plane, of course, boeing has had a lot of trouble over the last couple of years. and so, again, we don't know yet how this i mean, it's still they're still trying to hopefully pull out some survivors. we hope there are more survivors on the back end of that plane. but there will certainly be a massive investigation into exactly what went wrong here. and, mike, to your point, in these videos that are floating around that we're still trying to validate and, you know, make sure are exactly right, it does appear, though, if those turn out to be true, that they're just they're the landing gear. it's just skidding across the runway. there. >> right. and to that point, you know, our buddy jessica and i, you and me, pete muntean, our lead aviation correspondent. he's traveling at the moment. we got him on the phone and text before we came on the air. and he said, to your point, landing gear on a commercial airline that might not be deployed. that is extremely, exceedingly rare. that is something that might happen. you might see more commonly in c

the kinds of the i'm folded on sunday with a boeing 737, suffering engine. and lightening gear fame is crushed into the runaway barrier resulting in the 179 feet. tablets is spelling has filed itself involved in us driving prices and scandal. the, the is just as january, thousands of flies of grounded out for a panel blew out some mid day on a new bowie and 737, max and 9. adding to the company is troubles. history is, comes on the hill to, to devastating crashes that kind of hundreds of lives in 2018 and 19 was, it was said they enjoyed health for management, also raising safety concerns about such as 12th foundation, i suppose, and full of private sybil. the latter says boeing is cutting corners at the expense of its customers is being used to be a very well and very safe company, designing safe aircraft and well designed aircraft. but the started to ginge when boeing decided to integrate mcdonough will do less into it's capacities. and we've seen the fact that suddenly they've been changing profits in state of uh, safety and design. if we wanted to do the

and boeing, 737800 aircraft operated by software and airliners. so whether there is a general problem with this airlines. now that also remains, she confirmed, but concern top surface the today that the very choose you air passenger plane that crashed at blue on international airport sunday had completed 13 flights across 8 airports within 40 hours, leading up to the deadly accident. typical claim, the 179 life. okay, so we've talked now about the plane and how the, the, perhaps the type of plane i could have led to this tragedy. but a lot of experts are also talking about the airports construction. we saw in that video how the plane split across the runway and then hit a solid wall at the end of the runaway numbers and the flames. what can you tell us about that part of this tragedy? right, so it's a new uh, notion that come up here expert. so who has been reviewing the footage, showing that emergency landing, making a new one to landing off, but then hitting a wall of also brief questions over the air force design. they're criticizing the decisi

ido i do have confidence boeing turnaround. as we speak we have one boeing 7117 arriving this week. aeroplanes because of supply chain. we hope because of the asia—pacific growth expected in the next two years of 5.6% malaysia airlines needs to be in that position. liane of 5.6% malaysia airlines needs to be in that position.— to be in that position. live to south korea's _ to be in that position. live to south korea's capital, - to be in that position. live toj south korea's capital, seoul, these are images from outside these are images from outside the national assembly, opposition protesters are gathering there after a night of political turmoil president —— vollering president yoon's shot announcement south korea was under martial law. he has now lifted that. thanks for watching. hey, i'm aisling with the catch up. tonight, georgia harrison's consent campaign, tiktok awards and a tasty christmas village. new plans to give victims of online stalking more protection have been put forward by the government. they want to hand out tougher punishments to those doing it too. victims wi

the boeing 737 800 crash landed on sunday, and it was caught on video. are looking at some of the video there. cnn aviation analyst says the plane's landing gear appears not to be deployed. south korean firefighters say investigators will have the final word on what caused this crash. officials say they will start searching for the plane's black boxes after they recover all the victims. we will have the very latest on all of this. i want to thank you for joining me. i'm paula newton. cnn newsroom continues with kim brunhuber. after a quick break. >> and it has been one wild year. >> i know that whole live stream was crazy. what? oh, wait, you mean the rumors about me and the french pole vaulter? who's saying that? >> is it everybody? >> i have zero idea what you're talking about. >> and you think i'm the one that doesn't follow the news? >> i did like that one new song about coffee. espresso. oh, i'd love one, actually. oh, sweetie, you have been following actual news, right? oh, boy. >> new year's eve live with anderson and andy. live coverage starts at

and boeing 737800 aircraft operated by cell screwin airliners. so whether there is a general problem with this airlines. now that also remains, she confirmed, but concern top surface today that the very choose you air passenger plane that crashed at blue on international airports sunday had completed 13 flights across 8 airports within 40 hours, leading up to the deadly accident. typical claim, the 179 life that was journalist gen moon talking to me earlier via phone from one airport. you're watching dw news. music of meister is up next with the conductor alondra, the part of the state of the living planet, dw podcast. how to make greener choices in your everyday lives. but honestly tried to do the working 32 hours a week to be better for the environment than 40, but of course we shouldn't be 90 the. the living scientists just had subscribe. whatever you listen to hot costs, get training for an exciting toyota to surprise. hi, i'm shop now. i'm ready to dive into the hands of children to you. have you have a one desktop on port card via included

what the 737, max, any time any boeing aircraft is involved in an incident accident. there's a little extra scrutiny by the medium, by the public at large, awhile. i don't think this aircraft that have anything to do with the 737, mac since it was from a previous generation. certainly, when the investigation data started in earnest, and they looked at all the systems of the aircraft, there might be systems that are common to other generations of 737 aircraft. but that is several weeks if not months in the future. for now, the information is rather vague and outside of the video evidence, there's not much to go on top. catch this thanks very much indeed for joining us. thank you. brandon. the, the detention of the hospital direct to northern garza is prompted calls for his immediate release. the son of a sophia was arrested buys, rarely for 6, doing arrayed in northern gaza. his whereabouts around 9 israel detained. hundreds of people including medics and patients that says 240 or student custody hundreds more since been released. well, they've been describing the font

so because this is a boeing aircraft, we could certainly expect personnel from boeing, people from the united states to conceivably show up and help in this investigation, since this was an aircraft that was manufactured in washington state, that is what we would expect from a catastrophe like this. so again, what we are looking at right now is a death toll that continues to rise. and the questions of what happened to the landing gear, what exactly caused that problem? there is some reporting, you know, if you're looking at x, social media, was there a bird strike? that is a question that certainly we are looking into here at cnn. but the reporting is not there yet to say, oh yes, that is definitely, you know, a path to look at in this investigation. we just want to highlight it and recognize that that is out there. but we don't have any authorities here in south korea saying, oh, yes, it was certainly x, y and z. this is so soon after such a catastrophe has befallen this corner of south korea. about 3.5 hours south of the capital here in seoul. a lot of unanswered questions, and this

reliance on spacex and boeing - private firm? reliance on spacex and boeing who l private firm?oeing who had the initial problem initially. this is problem with the strategy within that it would contract within that it would contract with private companies to provide transport services and in no way the strategy is working because they have a choice when there was a problem with boeing they could send a spacex craft to collect suni williams and butch wilmore the issue here is spacex is having this scale up so that having a fit example of their dragon spacecraft and that's the one thatis spacecraft and that's the one that is had some delays in the final stages of production, not usually surprising in itself but these two crewmembers have already been delayed and have to wait another

boeing, what do you think doge is going to go to town with boeing?ficiencies and the contracts. 37% of their income is from government revenue. they're going to go at that with a hack saw. >>> coming up, murder suspect luigi mangione yelling at reporters. the latest details on his motives and how the entire health insurance space could be under scrutiny. "fast money" is back in two. say christmas. christmas! when you want gifts to express a lifetime of love - we've spent a lifetime crafting them. harry & david, 90 years and still sharing. gina costa... looking simply stunning... what's this? she's opening her fidelity app.... to buy that stock... with no fees or commissions... because what does gina got? gina's got the look. that never gets old. talk about easier investing. >>> welcome back to "fast money." new developments in the murder of the united health care ceo. you're looking at lee wee gee mangione being forced into a pennsylvania courthouse while yelling at tv cameras. he's facing extradition to new york, where he faces a murder charge in th

was unrelated to boeing's production. that is obviously not stopping investors from punishing the stock this morning. it was down 5% earlier in trading. aside from the obvious name association with the 737 aircraft, the tragic crash should have no readthrough on boeing stocks long-term. matt: crazy video. sonali: it is unbelievable. matt: you don't see a plane coming to a runway that does not have the landing gear and to see that outcome. matt: typically you want to put the landing gear down first. if not, aim for water. there is a lot of questions about this. i hear so many new stories, read so many new stories saying it had to deal with birds in the engine, but i don't get how that could affect the landing gear. there is a lot more to come on this story i'm sure. alex: another name i am looking at his ax in therapeutic. shares fell 13% this morning. the company said it is moving ahead with plans to submit its alzheimer's disease treatment for fda approval even though the results were mixed from two clinical trial readou

you see boeing down 4.5%.mh ucmore on this story and much more in the markets coming up after this break. ♪♪ well would you look at that? jerry, you've got to see this. i've seen it. trust me, after 15 walks, it gets a little old. ugh. i really should be retired by now. wish i'd invested when i had the chance... to the moon! unbelievable. stop waiting. start investing. e*trade ® from morgan stanley. >>> welcome back to "worldwide exchange." quick check of the futures. all three indices down fractionally. s&p moving lowest on the percentage basis. shares of apple as it moves to the $4 trillion market cap. shares pulling back a bit in the pre-market. down .50%. ticking closer and closer to $4 trillion. again, we will continue to watch that throughout the day. >>> coming up on "worldwide exchange," we have the one word that every investor has to hear today and the stock pick every investor need to know. >>> making the case for nippon steel for u.s. steel. we talk to one on why he and calol leaders are backing the

not saying that this is necessarily a boeing issue, but my question is, how will boeing be involved in this investigation into ultimately determining what was the cause? >> well, boeing, the aircraft manufacturer, uh, the engine manufacturer from the u.s., will participate through the ntsb. the ntsb will have the role boeing and the and anyone else who is bringing technical expertise will do so through the ntsb. they will not be, you know, uh, a lone ranger, you know, in this thing they work through a very structured process. >> um, that we have two survivors from this incident. i mean, looking at this video is incredible that two people managed to survive. we we know that they were apparently sitting closer to the tail end, which is what ultimately, um, was salvageable. sadly, one of them is already conscious that person already speaking. how vital will their first hand account be in terms of determining what happened? >> well, it will be important, but it will not be critical. what's most important will be the voice recorder discussing what's going on among the crew members as they'r

no forecast from the boe. we look ahead to 2025. u.s.lat after dropping and having the worst day for the s&p, the worst fed day, since 2001. nasdaq 100 futures pointing lower by a 10th of a percent. let's have a look across asset. markets only confident that you get one additional cut from the fed next year. that's after fed officials moderated expectations for four cuts next year to two, with one member suggesting that maybe you get none at all. the pound in focus ahead of the boe, up 0.2%, but after the selling pressure yesterday on strong dollar brent is down 0.3 percent. bitcoin up a 10th of a percent after losing games, it had crossed $108,000, then the fed came through and bitcoin and risky assets took a hit. treasuries did slump as traders reduced expectation for rate cuts next year. as the fed revised its 2025 guidance and significantly so. let's bring in executive editor for markets paul dobson. talk to us about the market reaction to this. it seems many investors were caught flat-footed. >> there was a reaction in the market pa

boeing was putting it together. it is still the right airplane. i am proud of the folks from of the engine that is critical to keep it flying. no bring chicken but all i can say is yes, we really need that aircraft and look forward to working with boeing. when i look at the impact, their pieces be kept putting. we really need the airplane. >> have to look at the latest based on continued resolution. i can get back to what the latest estimation but it's several years past. >> the only other question i would ask is the 238 and afford to. >> i don't think that is unique to. they have upgraded the cockpit but we're just learning how to fly. you not a pilot until you're done with 48. it's not unusual to have a different system because it's not necessarily just to make you a fighter pilot. understand fighter but is not unusual to have the leap. >> turned to your plans for the indo-pacific. >> tell us how that is going to play in a potential war with china. >> i think you may have been terms. cold war germany fighting not

alaska needs boeing, our industry needs boeing, our country needs boeing.hard but are pulling for boeing to be successful. >> we have cpi tomorrow and airfares have been an interesting swing factor. you said demand is strong, does that mean prices are high? >> we are seeing unit revenues go up, sara. so there's going to be a little more fare pressure going forward and i think we're trying to balance that supply and demand equilibrium. >> congratulations on a nice day today and for helping us understand the story. >> great to be here with you. >>> we will get another read on travel demand tomorrow when we talk to the ceo of southwest in the 9:00 a.m. hour. >>> some retail stocks we are watching today, autozone, ollie's bargain outlet, casey's general stores all reporting earnings, most higher. ebay under pressure after jefferies down grades the stock to sell. new proprietary data on holiday spending and how november is shaping up. we will share with you after a quick break. >>> welcome back to "squawk on the street." new data on the state of the consumer thi

uh, there is, uh, there are some drawings and boeing renewal today. uh, on the from, you know, really well, unfortunately these are 2 billings. uh once again, and probably there is a part bill of what the billing but uh i cannot see more than this unless noticing that it does happen to bring things. all right now. uh you have mentioned uh this issue with bullying because i was good to ask generally what your assessment is when it comes to. what manufacturing defects always just uh uh, negligence or something. but let me ask you this before we go. what do you think is this recurring problem in boeing? when you sit down and watch, listen to news. what's going on? why do you think this keeps recurring within the bullying? couple ration. and so we sole wheels that we so we could, we could to be the weaknesses of we could weakness on the try metric incidents with boeing, which should have never worked good either. one of the of the manufacturing of the plane had been correct. i think about to an incident in particular, when you had the door, which was a uh

a boeing.sentially own it, because we believe boeing is still essential. yes, it's been a tremendous amount of headwinds for the company, but we think it will come back into favor when you see some of these large market cap way. we go back to the top 10 names. nearly at 40%, when you see all of these index etf's have to rebound, that's where some of these will arise themselves. i think of boeing, sherwin williams, lily, and also pfizer, which has had a really rough year in healthcare. it's not going to materialize today on new year's eve. it may not materialize in january, but i think overall, you're going to see sector exposure that allows sector opportunities moving forward. >> jeff, it's great to see you today. and i'll look forward to seeing you in the new year. >>> coming up, the celebrations have already kicked off around the world. let's show you a lot of sydney, australia. the opera house with the fireworks overhead. just an amazing way to kick off our view from around the world. the ne

and of course, as we mentioned, this is a boeing aircraft. so that could bring in investigators from boeing from its chicago headquarters, washington state authorities from the united states to help people here in south korea figure out just what happened, what went wrong and what happened, because god forbid, this happens on another plane. they want to make sure that they have looked at what happened here to prevent anything like this from happening in the near and distant future. paula. >> yeah. mike, in the details that you've just given, obviously incredibly chilling, especially as family members there wait to see if there are more survivors. and despite the video that we're looking at, there are times that many others are able to escape before the entire aircraft is engulfed by those flames that we continue to see there on air. i do want to ask you, though, was there any indication that the landing gear was not down, that they had radioed ahead to say that they were having trouble with this flight? >> we're working on some reporting on t

boeing hasn't done it. and i think that's the key to the commercial and adventuresome space travel we want. -there can be a downside if there's an individual who has so much power that a private citizen could have outsized influence, perhaps in a geopolitical conflict. there is a much-discussed passage in the book that involves ukraine's request to utilize spacex starlink satellites to enable a ukrainian drone attack against the russian fleet. -so, that night, he has to decide whether to allow the drone attack by the submarines to work against the russian fleet in crimea. and he decides no. he fears it would lead to a nuclear retaliation, maybe. and so, as i was talking to him, i just asked questions. i said, "have you talked to general mark milley? have you talked to the u.s. government?" and, indeed, he did. and, eventually, he gives up control of some of the starlinks. he creates this new thing called starshield, which is a military version. he sells it to the u.s. government. and now the government gets

boeing has a lot of aircraft.s is not the 737-max, which was grounded about five years ago for those two crashes that we remember took 346 lives. this is essentially like the toyota camry of aircraft. >> then is it fairly common after a crash like this for the government to say, okay, we're going to investigate? and is our government also looking into this? >> so the way that the protocols work for crash investigations, the country in which the accident occurred is going to lead the investigation. the national transportation safety board from the united states as well as boeing as the manufacturer and then the country that the plane was manufactured in and certified, the faa will be playing a part in that investign, but it will be led by south korea. and they are investigating and taking a look at inspections for its 737-800s. >> pretty unusual for two plane related tragedies, very different in how they have unfolded, to happen so close together. >> very different tragedies. we have this different angle with the a

people think of boeing as just 737's having problems. boeing is a defense company., the stock is improving, and we're also going to see of course there's been a clean-up in terms of personnel there, and they know what they are doing in quality control, so the next war takes into account companies like we need the palantir, we need the honeywells, we're going to need boeing, we're going to need the traditional defense companies so we'll see those do very well. cheryl: and you have an incoming president who during his first term created the space. >> our space division, right? cheryl: i'm blanking on what he called it. >> but what is so incredible is look, it dovetails perfectly. president trump believes in defending this country, believes in america being stronger. economically, yes. commercially, yes, but having secure borders, being the best defense system in the world, and that's why these are the companies you want to buy and you also want to look at other companies like mobile eye for example, mbly spun off by intel. so yes, this is assisted driving technology b

and because this is a boeing, you know, boeing needs to get involved with this. and so does the faa because, um, something like this. you never hear of a boeing 737 having such, uh, you know, incidents or such a crash for that matter. >> well, obviously, speaking to a lot of people, a former crash investigator with the u.s. government, alan deal, assessed what could have been done differently. >> you wonder if maybe they shouldn't have gone to a either a u.s. military base or a korean military base where they have very good firefighting equipment, or even to a bigger airport, a civilian airport where they would have more foam trucks and other ways of dealing with these kind of emergencies. >> obviously, whatever answers may emerge in the coming hours or days will be of little to no consolation to the victims families, many of whom are still waiting in anguish at the airport, even mourning the loss of a loved one or waiting to hear something about their condition. to the u.s., the threat of severe weather continues to loom large for millions of americans. have a l

and so if you look at boeing, boeing got a contract to send astronauts to the space station and cargo around the same time as spacex. they haven't done a test flight yet. but when i walked around the launch pads, and it'd be friday night at 10 p.m., and people weren't working that hard, he'd demand a surge, and people work all weekend. he'd fly 100 people in just 'cause he felt that the fierce intensity was necessary to push us forward. -do you admire him? -i do think that we've been a nation that always took some risks, always did some great innovations. whether you came here on the mayflower or you came across the rio grande, it was risk-taking to be an american. now we've become a country that's filled with more referees than risk-takers, more regulators than people who are innovators, more people saying, "oh, you probably ought to not try that." so what i admire of him is he's pushing the bounds. he's questioning every rule, questioning every regulation. there's something slightly unnerving about that, but also i think we need a little bit of an injection of that in the american p

the boeing 7—3—7 belonging toje—ju airlines had 181 people on board, and officials say they expect mostead. they say some passengers fell out of the fuselage during the crash at muan international airport. two survivors were pulled from the wreckage and have been taken to hospital. this is the moment the plane skidded down the runway before hitting a wall and bursting into flames. the aircraft was arriving at muan airport from bangkok. the authorities say a birdstrike may have caused the landing gear to malfunction. the airline has issued a formal apology and the aircraft manufacturers boeing said they are in contact withjeju air regarding flight 2216 and stand ready to support them. we extend our deepest condolences to the families who lost loved ones, and our thoughts remain with the passengers and crew. our seoul correspondent jean mackenzie is at the crash site and sent this report. we are at the perimeter of the airport now and this will behind this is where the plane crashed without it overshot the runway. just booking up behind us you can see the black and charred tale of the pla

we work closely with boeing. the manner which the digital design was novel at the time boeing was putting it together, we really need that airplane. it's still the right airplane. i am very proud of the folks who have done the t-38 and the j-85, which is the engine that is one of the critical parts to keep that t-38 flying, because that airplane is about as old as me, which is no spring chicken. but to that end, all i can say is, yes, we really need that t-7 aircraft and we're looking forward to working with boeing to get it fasting. there are pieces that we can't put into the continuing resolution because we don't have -- we really need that airplane. [ inaudible ] >> i have to look at the latest from boeing. i can get back to you what the latest estimate, but it's currently several years passed when we had programmed for it. >> the only other question i would ask on that, but it's important, the reason why you need the t-7 is that pilots don't have the right avionics package in the t-38. they can't -- when they

we have the boeing listing. the frankfurt listing is down 1%. $173 down 4%.ear to date move after a series of concerns and, of course, the strike action as well. shares year to date down 33%. right. nbc's meagan fitzgerald has more on the latest incident. >> reporter: we are talking about an aircraft carrying 181 people before it crashed after the landing gear apparently failed. we want to warn you the footage you are about to see is graphic. you can see the moment this plane started skidding down the runway before colliding into a wall and exploding into a massive fire ball. south korean officials say two people were pulled from the wreckage. everyone else on board died. flight radar from bangkok to south korea did not appear to show anything unusual. owe fficials say a bird strike have caused the deadly events. investigators are searching for answers and rescuers are covering the bodies of those who did not make it. officials say it could take between six months to three years to complete a full investigation. back to you. >> and we have a live shot of the

the plane is believed to be a 15 year old boeing 737 jet. boeing is offering its condolences to those families affected. this is considered to be one of the deadliest aviation disasters in south korean history. again, if you're just joining us, at least 120 people are dead after a large passenger plane skidded off a south korean airport runway and then hit a concrete fence, bursting into flames. officials say 181 people were on board at the time, and that most everyone on board was killed. they also confirmed at least two people were rescued. once again, here is that new video showing the moment of impact. again, we want to warn you it might be hard to watch. you can see the plane appears to scrape along the runway, going at a pretty high rate of speed before it crashes into a concrete barrier and then explodes into flames. right now, officials believe the plane's landing gear appears to have malfunctioned. an investigation is now underway to determine exactly what led to the crash. this is a developing story. we'll bring you the very latest

boeing will be involved. jeju airlines will be involved. the engine manufacturer cfm international, which is a joint venture between france and the united states. they will be involved as well. there they are, the major parties to the investigation. if, for instance, there was an undercarriage fault, was a big issue or a major issue, then the undercarriage manufacturer, um, would also be involved in the investigation under icao rules. that's the international civil aviation organisation. the korean authorities got have got 30 days to issue a preliminary report. obviously, if there's a safety issue identified early on in the investigation, they would notify the manufacturer and all airlines of the safety issue that was found. also, the air traffic control people will be involved in this as well, as part of the investigation. and, uh, and, geoffrey, of course, we understand a crash like this is rare, as you were talking about a little earlier, but how does an incident like this reverberate through the industry, but also in the region where yo

this is a major worry for boeing because they will also need to get on board with the investigationi think this is going to be a global investigation. i'm not sure whether the aps p will be involved because this is not an american rigid —— registered aircraft, the faa and asian safety authorities should get on board with this because, when you have a bird/ whatever it was and that is best termed speculation you can bring the plane down with hydraulics and engine power and something obviously has gone wrong. that has to be thoroughly investigated. we should also respect the dead, those who are lost, and the more we speculate this will be painful for anybody and everybody who has lost a family member or a friend, including the cru. the faster the investigation commences steve, the betterfor safety in aviation. mark martin, an aviation expert from martin consulting. thank you very much for your thoughts. staying in south korea, there are new developments on the fallout from president yoon suk yeol�*s botched attempt to impose martial law. investigators have requested a warrant to arres

the government says it's launching a comprehensive inspection of oil. boeing 737800 aircraft. well, thirty's, investigating the crass and the pilots made a made a emergency cool. often mentioning a bud strike, minutes before landing the boeing 737 caught fire off the betty landing on the runway and hitching a barrier at the milan international apple from the bride. as in one following the story, the focus is really on supporting the relatives and there are literally hundreds of relatives still here at milan in the apple and said to him in a way to full use. so those are waiting for confirmation on when they can receive the remains of the relative. now most of them have now been identified, but that have been some quite emotional and at times very angry a seems between the relatives and also so many of the officials say it just explains the problems of trying to release remains even after the victims have been identified the officials here have been explaining that there are so many body parts that still have to be identified, then have to have dna testing done on those uh to m

when you look at this and you look at boeing and people look at other boeing incidents earlier this yearis this something that you're going to be saying, well, wait a minute, maybe there's a problem with this particular jet or no, because it's a 15-year-old jet? >> well, first of all, the 737 is probably the most ubiquitous aircraft out there along with the airbus a320. i don't think there's anything that indicated this might be a generic problem with the airplane. very simple systems, but until we know exactly what happened in those last few minutes, we really won't know the application, but i would be surprised if it was anything that was a problem with this particular model aircraft. >> gio: aviation analyst and former pilot john nance, thank you so much for joining us here on "gma" as always. >> thank you. >> gio: janai? >> janai: and the questions you were asking, john said, good questions, but all questions we're all wondering. the context you're able to provide as transportation correspondent while talking to john, very helpful. >>> turning now to the deadly tornado outbreak in th