airbus a320 and boeing 737. the maximum flight range is more than 5,000 km, the passenger capacity is up to 211 people. moreover, since the ms-21 was created from scratch, many technologies that were already used by foreign aircraft manufacturers were improved, unique ones were designed that were superior to foreign ones. for example, this is a composite wing. it is produced at factories. ulyanovsk and kazan, created because of the russian material, it turned out to be long and thin, because of this the wing has the best aerodynamic properties in its class, thanks to this it was possible to increase the fuselage of the airliner. the fuselage of a larger diameter allowed, firstly, to cure the passages by two, 2.5 inches against the a320 boeing 737, this is a slightly wider seat, these are more convenient shelves for placing cargo. the increased passage, firstly, allows two people to pass at the same time to ensure the highest quality of the aircraft assembly, and therefore its safety, an automatic positioning sys

not yet been able to create its own wide-body long-haul aircraft, they still use the well-known boeing, airbus, well, first of all , airbus. in this sense, china is of course interested in, for example, what concerns, for example, engines, which, as i understand it, is mainly what we are talking about, as well as some other units, for example, steering rods, all this is developed jointly, this will eventually, probably, be assembled into a joint aircraft, and as for the production of spare parts for the same boeings, airbuses, is there such production in china and can china supply these spare parts for those aircraft that, which are operated in russia, yes it is. it exists, moreover, both boeing and airbar order the production of parts in china, but there is one peculiarity, they are all patented, that is, supplies from china violate a number of patents, just as china cannot, for example, supply to russia any volkswagens or mercedes, which are assembled and manufactured literally in china, in the same way with such units, of course, we constantly say that there are not some so-called generics,

have already said, unlike, by the way, the well-known foreign aircraft, our beloved, in quotes boeing and airbus, here superjat from the very beginning the entire airframe was completely designed and manufactured in russia, i constantly remind you that for boeing the wing is made in japan, part of the compartments of the physique are made in europe, here for airbus the wing is made in the united kingdom. for their serial production. at the same time, in order not to waste time, the systems are tested in the sky of the aircraft and certified, if all the tests are going well. superjet 100 has just landed after being in the sky for 2 hours. during this time, test pilots checked the operation of russian systems, which. replaced foreign ones, the flight today went perfectly, today reference modes were performed and for checking radio communications at maximum range and from different angles relative to the radio station, here are the modes you all turned out to be credited, already next year two more super jet-100 will join the certification test program, one of which will be... entirely from russian

post—covid, we need stable and reliable aircraft and it isn't just boeing, and airbus, dealing with amanufacturing issues. we know with the turbine engines and stuff. in the five years that comac has been going in asia, it has shown as very reliable. increasingly, garuda and some others are looking to bring in some comacs and see how it functions, more live, real trials of that aircraft type. but we are also on this seeing backdrop of us sanctions on chinese passenger aircraft which is a bit of a catch 22. comac has 80% of american competence, including ge, rockwell collins — so how do you embargo your own products? i think there has to be some balance that will come soon on this. what needs to be done by boeing and how long do you expect the losses to continue? very briefly, mark. boeing needs to get into his house, fix its manufacturing process, get out there, win back the confidence of the traveller, airlines, pilots, flight attendants, engineers, because boeing at the moment is in embarrassment. and that — once you fix and sort that out, it isn't a pr exercise, you really need to

airbus had been quickly catching up and really nipping at boeing's heels. >> it's the best air show ever 2010, airbus introduced the a320neo, a more fuel-efficient version of its stalwart a320. >> the a320 is the direct competitor to the boeing 737. airlines wanted an airplane that was more fuel-efficient than the airplanes then in service. airbus chose to re-engine the a320 into what they call the "neo," the "new engine option." >> it's a record 200 orders for its a320neo. >> it was one of the fastest-selling programs of aviation history. >> and it placed enormous pressure on boeing to respond. ♪ ♪ boeing, frankly, was caught flat-footed. within a couple of weeks, airbus and american airlines have the preliminary workings of what would become the first deal for american to buy airbus planes in more than a decade. gerard arpey, the c.e.o. of american airlines, calls jim mcnerney, the c.e.o. of boeing. it's a courtesy call at this point, just letting their longtime supplier of airplanes know they're going to go with the competition. >> and that is essentially a dagger in the heart of boei

it will focus on aircraft such as boeing and airbus.lems on the plane, it was necessary to call specialists from the mainland. all this took time primarily from passengers. now, as a matter of routine, specialists carry out inspections after the plane lands at the airport, as well as before departure...

to what they have been able to do, but for airbus, a positive the people overlook is they have really high targets so they are talked about getting 75. boeing50 on their program. maybe even certain months above that number. they have seen the ability to get to their targets and they keep extending that, and part of the supply chain driven. there are many tears of the supply chain. there has to be an orchestration on how they work together. there have been shortages, geopolitical issues, labor issues, so these things have compounded. surprisingly here we are four years past the start of the pandemic, more than that now, and we are still talking about supply chain, but as we go to 2025, there is reason to be optimistic about where the supply chain is having and that is why boeing starts to look better. where expectations are today are a lot lower than they were a year ago. as the supply chain catches up and boeing stabilizes production, they get back into a position where they can stem some of the losses they have seen to date and ideally start taking away the potential advantage airbus would have had. lisa: this is a tough question and i don

thanks to the discovery the eastern air harbor has linear maintenance stations, aircraft such as boeing and airbus will fall under its attention. previously , to fix any breakdowns on the plane , it was necessary to call specialists from the mainland, all this took time, first of all, from passengers, now specialists carry out inspections as usual after the plane lands at the air harbor, and also before... checking for the next flight, special attention is paid to the pneumatics of the wheels, the engine system, the fuselage, wings, and the general condition of the board. we're climbing board, with the aircraft commander, we conduct a so-called debriefing, that is, the commander talks to us about how the flight went, whether there are any comments or deviations, if there are any, then we take them into account. the station is equipped with advanced equipment, these are large jacks for replacing the aircraft. chassis, tractors, as well as other tools. consumables, tires and other parts will be brought from moscow as needed. thanks to the opening of the service center, additional jobs were created ,

boeing posted a rare win over airbus in july. orders for new planes.raft maker reported orders for 72 new planes last month, compared to the 59 reported for airbus. most of the orders were from aircraft leasing companies for boeing's troubled 737 max jet. boeing still trails airbus and orders so far this year as safety concerns continue to hurt the company's reputation. >> a financial tech company based in san francisco is shutting down after running out of money. the founder of tally shared the news on linkedin, saying they couldn't secure enough funding to keep going. we saw for lease signs on their headquarters in potrero hill. today, the company launched nearly nine years ago pitching financial tools to help people manage credit card debt. >> all right. still lovely around here. not too hot? >> no. let's get to sandhya patel for the latest on our weather. sandhya. >> yeah, we had a little bit of a warm up today. and ama and dan. let's take a look at livermore's almanac. today's average high temperature is 88 degrees. it got up to 86, but it's a far

both airbus and boeing are struggling to get their production rates up.think and hope that it will improve during the winter when they are under less pressure from aircraft for deliveries. stephanie is the one sitting in seattle trying to fix the production issues. so far despite some addition, she has done a good job. i'm not confident we will get the max 10's on time. i think we get certified. boeing certified in 2025. as long as that doesn't slip, our first deliveries are due in june of 2027. boeing has to start getting their production numbers up on a monthly basis and not have any more screwups like the last couple of years. guy: do lower interest rates stimulate air demand? >> i don't know but lower interest rates would stimulate more consumer confidence and spending. no doubt that higher interest rates, have depressed consumer spending. people are paying lower air fares. there are some prices, lowering interest rates would easy that in summer 25 and 26. kriti: ryanair c.e.o. michael o'leary speaking to guy johnson. bloomberg has learned that hsbc's

boeing stocks are immune. airbus they make planes, not today, though, satan the news stuck and the stock dropped 4%. leaving us to wonder if aerospace left camelot. i think there is amazing they have been able to stay up so long. hey, if you are looking for aerospace go to rtx. let me give you another one. estee lauder, a horrendous forecast and their ceo is retiring, going to stick around for 10 months and whatever happens, stocks spent most of the day in positive most yesterday. we were going higher, we could not leave anyone's pay up for the stock. down 2%, the wave reaction just a different mind set. the market is only giving the companies the benefit of the doubt. especially estee lauder. let's go health care. one of the declines came, favorite but making blood sugar monitors for people with diabetes. the stock fell in one of the most brutally missed quarters. coming from it, going all of the way, step by step, $77 last night and then bam, releasing a 3-year study on the drug and we learn today can prevent 94% o

the company supplies engines for boeing and airbus. cars are manufactured on a wholly-owned subsidiary of bmw. >>> carvana shares are sharply higher. the company reported 14 cents earns per share. revenue of more than 100,000 units per quarter which was up 32.5% compared to the second quarter of 2023. the used car retailer offering up beat guidance for the second half of the year and expects 2024 to be a record year. doing better. it is not -- you can go back and look at pandemic time. it was a better time in the pandemic time. >> there is a bit of meme mania going on then for carvana. >> very much so. >>> coming up, the federal reserve setting the table for the september rate cut. we talk to roger ferguson next. we will also talk to moderna's stefane bancel. that's coming up next on "squawk box." with social sentiment help you find and unlock opportunities in the market. e*trade from morgan stanley with powerful, easy-to-use tools, power e*trade makes complex trading easier. react to fast-moving markets with dynamic charting and a fut

then airlines complain that they are not able to get the capacity of their new aircraft from boeing or airbusnts and laments that they don't have enough aircraft. on the other hand, they have too many seats. we saw a lot of capacity going to the domestic market the last two summers, but we saw the travel demand really be internationally focused, especially europe and asia travel, so those two mark were very strong for demand versus the domestic market where people kind of did that in 2021 and early 2023, and then it shifted to more international. lisa: why don't they take their plans going domestic and make them international and should the composition of planes? that is what it sounds like the issue is. am iran? -- am i wrong question mark yes -- wrong here? helane: yes and no. jonathan: you are too polite. helane: not every aircraft can do every mission and not every domestic aircraft can fly internationally. you have to have approval in the range capability, so, yeah, they cannot necessarily mix it up that way. some aircraft don't have the range to do transatlantic or transpacific, so they

see what flight you're about to take whether the plane was manufactured by but we know airbus, they are avoiding boeingy afraid of flying about the faulty infrastructure. we were to get a tropical disturbance being tracked in the atlantic ocean with the potential to hit florida this weekend "fox weather" meteorologist marissa torres with the new update. >> a lot of folks to need and looking at the map saying it doesn't look like much has changed we sell the 60% chance of development from the national hurricane center but there's a little bit of shift for the development and the blob of orange to where we could see some tropical system developed but were always out from that potentially several days yes and disorganized showers of puerto rico, the virgin islands all of that north and west, maybe some development near cuba that goes into the gulf of mexico, hinting at a better chance of golf development over the atlantic coast, either way florida is in that, the southeastern coast isn't it whether we get development or not a surge of moisture into the florida peninsula and we already have a concern for a

boeing's case their problem goes back to the single aisle aircraft. i think they might actually find their way up. they don't have that much competition. airbusoeing is eventually going to see the light at the end of the tunnel. intel it's a little messier. they've had $30 billion of negative free cash flow over the last ten years and most of that has happened in the last, i don't know, 30 months or so. you know, so they do have enough cash on the balance sheet to try to right the ship but you do need to regain customer confidence to do that and they need to focus on product. >> coming up, banks getting hit hard today. it is one of the worst performing sectors in today's selloff. where they're headed next when "fast money"etns rur. icy hot. ice works fast. ♪♪ heat makes it last. feel the power of contrast therapy. ♪♪ so you can rise from pain. icy hot. >>> welcome back to "fast." the second worst performer in the s&p with roegional and mone center seeing losses. kbr down 10%. so, where do these names go from here? got to ask the chart master. where, carter? >> well, of course, this is what data is all about. these are the high fliers of the p

stable and reliable aircraft and it isn'tjust boeing, and abbas, dealing with a lot of manufacturing issues. we know with the turbine engines and stuff. —— airbus comac has been going in asia, it has shown as very reliable. garuda and some others are looking to bring in some comacs and see how it functions, with large jars of that aircraft type. but we are also on this and sent backdrop of us sanctions on chinese passenger aircraft which is a bit of a catch 22. comac has 80% of american competence, so how do you embargo your own products? i think there has to be some balance that will come soon on this. ~ ., , balance that will come soon on this. ~ . , ., , ., _ this. what needs to be done by boein: this. what needs to be done by boeing and _ this. what needs to be done by boeing and how— this. what needs to be done by boeing and how long _ this. what needs to be done by boeing and how long do - this. what needs to be done by boeing and how long do you . boeing and how long do you expect the losses to continue? boeing needs to get into his house, fix its manufacturing process, get out there, win back the competence of the traveller, airlines, p

we talk about boeing all the tie, but it's still in a duopoly with airbus, and the runway is very long given the 13,000 backlog of planes. so i think there's a lot of places. you talk about the broadening. there's so many themes to focus on, where there's a lot of opportunity, and yeah, i do like financials. >> the russell is up 1%, it's outperforming. emily, is that a place to look if they think they're thing -- >> you know, i think that's fair. i think you want to be selective. yale, we've seen a bit of a pullback there. i agree with stephanie. aviation, industrials, utills here even in the united states, i think there's a long runway for growth. they're structurally advantaged markets. >> brian, how would you assess that in the here and now? >> as you know, we love this mid cap area. we think value as well. if you look at the 493 stocks in the vp s&p are outperforming for the first time in over two years. that's a really big deal. i think it speaks to the broadening out that frankly you have to own a bit of everything. where the big alpha will come from is value and small mid cap. >

whether the newest boeing aircraft or the newest airbus or the newest of new technology, gulf stream,e. there are human factor considerations in the 787 accidents that happened. we're finding for the agency that it is, i'll say a little more conservative. end of the day, you have to be able to give the fine public absolute faith and confidence that when they step aboard that aircraft, whatever it is, it is certifiably safe. >> but not an enviable position to be in, because you don't want to be too heavy-handed. we know about what happens when regulators are too heavy-handed works get bogged down and it takes too long and the economy is hurt and fortunes of the company and everything else. i don't envy anyone who has to manage that. it's a fine line. >> right. it is a balance. the ball, is number one. i used to always say when i was the active administrator you know, safety never comes at the expense of technology. as we have this, you can say you've get to what's going to be an incredible aircraft. i can't wait to fly it. i do believe as was syd strong faith and confidence that kelly