today we have numbers out of easyjet. giving us, first off their view on their pretax forecast in the air. it remains in line with the market. the overall message is one of no change in terms of their expectations. first quarter passengers carried .1%. waiting for more details on the probability of the business because of course big questions around how this industry is benefiting from the oil price. the oil price, how much does that benefit been hedged away? and how much has that benefit they're passing straight to consumers an they're experiencing it to the full extent themselves. easyjet said they are passing these drops on to consumers. first quarter total revenues come at 930 million pounds. they're saying that their cost per seat decreased by 3.7%. we'll keep an eye on all of his. manus: the shanghai composite over 6% that has set the tone. we've got european rally indicated low. off by 70%. the dax, 95, 98. so we are seing this aggressive move or it has come under pressure again. crude volatility has come back sinc

up next, a hard time for easyjet.he airline tightens its belt as a terrorist act in paris in the middle east hit fares. ♪ guy: welcome back. you are watching "the pulse." nejra: thanks, guy. the easyjet has missed first-quarter revenue estimates as sales were impacted by the paris terror attacks and the downed passenger jet in egypt and the airline expects full-year profit to be in line with markets. visa europe says revenue jumped 25% in the year through june as more customers turn to alternative payment methods. the company ceo says that growth in contactless payments is off the chart. the volkswagen ceo has called the emergence -- emissions test in europe to be reworked. he has also announced a recall of 8.5 million affected cars in europe will begin this week. that is your bloomberg business flash. guy: our guest still whether this. l with us.l lwit how much of your activity is based on credit? it is incredibly important so good because what we're seeing is large chunks of the market sectors are seeing a credit do

this time we get the numbers from easyjet. down 3.7%. revenue is $930 million pounds.pt, the paris attack, they say have hurt appetite for revenue in the second quarter. fx taking a hit. there's a silver lining, the profit in line with expectations. they show a mark of improvement featuring november and december. when you kill senior the initial reaction. an easy -- look for jet to fall. here are a few stocks that are reflecting that. stock company focusing on their health care area. they're trying to say, look, that cell of the business might be put off for the second half. adjusted earnings up 8%. looks like u.s. and china outperforming, that came out earlier than expected. came out last night. biggest industrial group here in europe. raising that for your guidance. earn ygs for shara. you've been waiting for this. and indeed for weeks. zr how long will that last? >> thanks caroline. those numbers again. you go to shanghai. you go to the crew. $35 a barrel. first record. all-time low on you. would say this, risk off. and now to the markets in four minutes' time. jona

easyjet and ryanair coming out with traffic numbers.ome city will rise above 1% because the traffic is pretty stellar considering the backlash and the concerns about terror attacks in france. december lows rise overall for passengers in both airlines. back to you. caroline, thank you very much. a look at some of the things we should focus on. it will be interesting to see how anything related to the oil market reforms. how will that play out as caroline was saying for the airline and the oil majors. jon: it is quite a start to 2016. if anyone was nervous about china, even if you shouldn't be come a you're going to be because of the reaction by the pboc. a are allowing the currency to depreciate. that is the main point this morning, but it is making people nervous. there is a big thing for the market this morning. futures board up ahead of the open because it is not pretty. by 100 pointsower of dax futures lower by 300 points. minutes and 15 seconds away and we will be back on the other side of this rake. ♪ -- break. ♪ manus: good mornin

when easyjet started going after the business passenger. customer service experience as well.er operators. actually have a future in that kind of environment. >> business travelers are incredibly profitable. that is an advantage united has. david: what is the load factor? are they coming up? that is where they are really getting killed. >> no. they are still having problems with that. stephanie: this is a great piece. this week is extra special. thank you for joining us. pick up the copy. i really like the cover. tomorrowit newsstands but you see in online today. ♪ we live in a pick and choose world. choose, choose, choose. but at bedtime? ...why settle for this? enter sleep number, and the lowest prices of the season. sleepiq technology tells you how well you slept and what adjustments you can make. you like the bed soft. he's more hardcore. so your sleep goes from good to great to wow! save $1100 on the i8 mattress with purchase of sleepiq technology and flexfit3 adjustable base. ends monday. know better sleep with sleep number. john: good morning. welcome back. about an hou