the gamble on up, european airlines is proving costly for etihad.t how it could salvage investments in air berlin and what went wrong for alitalia. this is bloomberg. ♪ yousef: welcome back to "best of bloomberg markets: middle east." etihad will stand by air berlin even after the reported soaring losses, even as european partner al italia went bankrupt. on top of the laptop and -- bans, making life tougher for those companies across the middle east. we spoke with diogenis papiomytis at frost and sullivan. diogenis: what has happened is they have made investments in airlines around the world, the two obvious ones air berlin and alitalia and they were not in the best situations operationally and financially when etihad made investments and things have not improved. tracy: one of the things that struck me from the drama last week with alitalia is when we had the union official come out and as part of his statement to reporters, he said that alitalia had failed. why is there that sentiment in italy amongst the workers? because etihad injected a lot of

this affected many of the gulf carriers including emirates, etihad and qatar airways, but now there arethat the ban could be extended to include some countries within the eu. any immediate changes would coincide with the peak travel season in europe. this summer, more than 3,000 flights a week will go from eu to us airports. with me is travel expert alan bowen. good morning. good to see you. do you know any more? we first heard the rumours last week that they were going to impose a ban on all flights from the eu to the us starting last friday. the three major american carriers, united, american and delta spoke to the department of homeland security on thursday and warned them that they were not ready to implement the ban immediately. despite that, delta had another sad airports warning that people that the ban was already in place. there was a meeting today between the eu commission and the department of homeland security to discuss the implementation of the ban but it does appear that it's going to spread to all the eu airport departures. impact will this have? 65 million people travel

so here, you have ryanair coming etihad and emirates. ryanaircoming in etihad and emirates. so here, you have ryanair coming in very aggressively. the legacy carriers are tending to cap back. meanwhile, ryanair is growing, so it makes it very appealing to have ryanair aircraft coming into your airport. the things you are vulnerable to, whether you are a cheap upstart when legacy carrier, are things like brexit and terror attacks. we have seen brexit and terror attacks. we have seen all the airlines suffer as a result of the terror attacks in various parts of the world. is there a way to mitigate against that? ryanair‘s approach a way to mitigate against that? rya nair‘s approach has a way to mitigate against that? ryanair‘s approach has been typical of rya nair. if ryanair‘s approach has been typical of ryanair. if there is a terror attack or some kind of security threat, they drop their fares again. that is to stimulate the market. they can because they have the low cost base and at the moment, fuel is very favourable. so it means they

hopefully all the fans can come tomorrow to the etihad stadium two first of all support us, support use than ever, especially in the moment we will be in trouble because against tony pulis teams we will a lwa ys against tony pulis teams we will always be against dummigan trouble against corners, set pieces and long balls and so on. we play for a lot of important things. they have to come to support us more than ever. how to follow it all. commentary of both games on 5 live, they'll flip bewteen the two. — plus updates from tonight's other games — with 5 live final score on the bbc sport website or by pressing your red button from 7pm. could be a dramatic night. we know that newcastle and brighton will be in the premier league next season. the play— off semi—finals are finely balanced. tonight reading and fulham face each otherfor a place in the final. anyone who saw the game between the sides at the weekend when they drew 1-1 sides at the weekend when they drew 1—1 will agree there is nothing between the teams heading into tonight's all—important between the teams heading into tonight'

he will make the move from the french champions to the etihad injuly.orrow's fa and scottish cups as well as rugby union premiership and pro 12 finals. that's all on sports day at10:30pm. that's all on sports day at 10:30pm. now, it's film review. hello and welcome to the film review on bbc news. to take us through this week's cinema releases is mark kermode. so mark, what do we have this week? as i'm sure you must have noticed, there is a new pirates of the caribbean movie coming into cinemas. why? laughter. baywatch goes from small screen to big screen. and the other side of hope. let's kick off with the pirates of the caribbean, jack is searching for the trident of poseidon. every single one of these films, this is the fifth, has a search quest. this time it's for the trident of poseidon. the last time we were with pirates of the caribbean, it was one that everyone felt was like an afterthought. the reason we are back is because these movies make a huge amount of money. we have some of the old cast, some new faces. but generally the same old story. y

needs help or assistance after the incidents last night, help is available at access gate 11 of the etihadeir children since last night. they've been putting their own appeals through the night, asking if anyone has seen their children. this is a place they can go and try to get some answers to those questions and speak to someone. to those questions and speak to someone. we have to those questions and speak to someone. we have was to those questions and speak to someone. we have was living given out the emergency phone number. —— we have been giving out. but now there is a contact for people, somewhere they can go if they are worried about friends or loved ones that they have not heard from in hours. yes, we have been hearing all these awful stories. because the youngsters who are going are going hugely excited. it is a birthday present, a special treat, because they have not been well. some of them have been building up to this is christmas, really looking forward to it, and its inhabitants. yes, this is part part of ariana grande's european tour. these are very popular tickets. there we

at the etihad stadium, pep guardiola's team moved up to third in the premier league with a 3—1win overcame from gabrieljesus, kevin de bruyne and yaya toure. but the victory was tinged with sadness, as the blues said goodbye to argentinian defender pablo zabaletta in his final home game after nine years‘ service. he wore the captain's armband for the end of the match after vincent kompany went off. so, chelsea and tottenham have taken the top two champions league places already. the fight is on for the third automatic spot and the fourth qualifying place. manchester city are on 75 points, two ahead of liverpool on 73, and arsenal are on 72. three points are up for grabs for all three sides on the final weekend. then goal difference could come into force. it's not been a great day for maria sharapova. the former world number one pulled out of the rome open with a leg injury. that was just hours after being told she won't be given a wildcard for the french open. sharapova has competed at three events since returning from a 15 month doping suspension. but tournament organisers say they ca

target for several big clubs including manchester united but he'll leave the french champions for the etihadfee of £15 million. in a statement on the club's website, silva said "when you have the opportunity of being trained by pep guardiola, you don't say no. if he is not the best coach in the world, he is one of the best." well amongst silva's fans is the tottenham defemder danny rose who played against him in the champions league. this season i played against him away and, he is the hardest opponent i played against the season. his size as well, he's a very strong. he has got a good change of pace. i think it's a great addition. it gives him another attacking option. i think it will prove dividends for the club. chelsea will go head to head with arsenal in the fa cup final at wembley tomorrow. it's a huge game for both sides for different reasons — premier league champions chelsea are going for a glorious double — while arsenal are looking to rescue a disappointing season with a trophy. 0ur correspondent joe wilson reports. friday at wembley — preparation outside the stadium. extra armed

this affected many of the gulf carriers including emirates, etihad and qatar airways, but now there are the ban could be extended to include some countries within the eu. any immediate changes would coincide with the peak travel season in europe. this summer, more than 3,000 flights a week will go from eu to us airports. it would have hit the implications and will affect travellers extensively. we will discuss those issues in world business report. and also, as i am sure you are issues in world business report. and also, as i am sure you are aware because we chat about it a light, more and more jobs are said to be automated in the nearfuture. something that's concerning many workers. but how capable are the latest machines, and are they really likely to replace humans altogether, or instead will they help us to be more productive in our work? we'll have a special report from our technology correspondent who's at a paris robotics event. don't forget you can get in touch with me and some of the team on twitter. we will have that report in 20 minutes. ijust we will have that report in 20 m

manchester city are up to third in the premier league table after a 2—1win against leicester city at the etihadow three points ahead of arsenal in the race for a champions league spot but can count themselves fortunate after riyad mahrez‘s penalty was disallowed after he slipped — making a ‘double contact‘ with the ball. in the second half, we didn't know. it is not easy. to be in europe next season, that is why sometimes it is not easy to play these kinds of games. arsenal are nowjust1 point behind fourth placed liverpool after their 4—1 win away at stoke city. it means arsene wenger‘s side have now won 6 of their last 8 league games and were increase the pressure on jurgen klopp's team, who travel to west ham tomorrow. france international 0livier giroud got 2 of their goals as they also go level on goal difference with liverpool. we had a difficult week, we played sunday, wednesday, saturday. we had three wins, in a very convincing way in all three aims. the focus is there a the desire to play together is there, the fighting spirit is there, and of course we are very pleased about that. ther

john we will talk tojohn about a big result at the bottom of the table as well but we start at the etihadter city kept up stadium where manchester city kept up their challenge for a place in the top four. they are now third after a rather fortunate win over leicester city. with the premier league title decided this now a race for the also—rans. still, for manchester city there remains a champions league place to chase and victory over last season's champions, leicester, would go along long way to securing that. a goal always helps settle any nerves. it came from david silva. but was that final touch from raheem sterling, and was he offside? well, the referee thought not. little argument about their second, a reckless challenge in the box gifting gabrieljesus the chance to add another. leicester now left needing something rather special and they got it, shinji okazaki's volley before the break bringing them right back into it. a second—half push for an equaliser eventually forced an opportunity. riyad mahrez winning a penalty. he got up to take it and appeared to score but this was neither

this affected many of the gulf carriers including emirates, etihad and qatar airways, but now there areorts suggesting the ban could be extended to include some countries within the eu. any immediate changes would coincide with the peak travel season in europe. this summer, more than 3,000 flights a week will go from eu to us airports. with me is tom jenkins, chief executive of the european tour 0perators‘ association. welcome to the programme. good morning. sally running through some of the details there, but let's go back to the beginning because we know this ban was put in place. lots of criticism about why it was necessary , of criticism about why it was necessary, what the rationalfor of criticism about why it was necessary, what the rational for it. talk us through it. why are they not allowed on planes? well, i think, it is because there is intelligence which the president in the united states was sharing with the russians just the other day that there are some people who are being able to adapt laptop devices to explode on planes. but why, and again this was a criticism, why are

the original restrictions affected many of the gulf carriers including emirates, etihad and qatar airwaysmedia company in the next few weeks after fellow co—founder jack dorsey was brought back as chief executive in 2015. mr dorsey has been trying to revive twitter, which says it has more than 300 million monthly users, but still struggles to make a profit. nestle has lost its appeal to trademark the shape of the four—fingered kitkat bar in the uk. the firm had been appealing against a previous verdict that said other companies could use the design in their products. nestle says it is disappointed by the court of appealjudgment and is considering next steps. stock markets across europe are trading lower this afternoon — even the ftse 100 in london which was holding close to record highs this morning has dipped into the red. even the boost to lloyds bank share price wasn‘t enough to keep it in positive territory. investors around the world are holding back from riskier stocks — because of worries about the political turmoil in the us potentially delaying president trump‘s economic reform p

it's clubs including manchester united, but its expected he will leave the french champions for the etihadexpected to be officially announced later. meanwhile, one player released by city willjoin meanwhile, one player released by city will join west meanwhile, one player released by city willjoin west ham on a free tra nsfer city willjoin west ham on a free transfer this summer. he signed a two—year deal. it has been described as an absolute pleasure. he spent nine years with city. antonio valencia will be staying in manchester. he signed a contract extension for another two years. he captained the signed for wednesday's victory. the fa cup final sees arsenal take on the premier league champions chelsea at wembley. it has been a season of contrasting fortu nes been a season of contrasting fortunes for the two managers, with arsene wenger under pressure as his side missed out on a champions league spot next season, while antonio conte could do the double in his first season. it seems he is keen to stay at stamford bridge. we have the same idea about the future. the way that we have to do t

manchester city are back up to third in the table after beating leicester city 2—1 at the etihad thisints. as adam wild reports. with the premier league title decided this now a race for the also—rans. still, for manchester city there remains a champions league place to chase and victory over last season ‘s champions, leicester, would go along long way to securing that. the goal always helps settle any nerves. it came from david silva. was that final touch from raheem sterling, and was the offside? well, the referee thought not. little argument about their second, a reckless challenge on the box gifting gabrieljesus the chance to add another. leicester now left needing something rather special and they got it, shinji 0kazaki's volley before the break bringing them right back into it. a second—half push for an equaliser eventually forced an opportunity. riyad mahrez winning a penalty. he got up to take it and appeared to score but this was neither his north le i ceste r‘s score but this was neither his north leicester's day. the referee had spotted what many hadn't, mahrez had kicked i

big clubs including manchester united, but its expected he will leave the french champions for the etihadplayers released by city, pablo zabaleta, willjoin west ham on a free chance further. he's signed a two—year deal. zabaleta has described the move as an "absolute pleasure." he spent nine years with city. antonio valencia will be staying put in manchester, though, he's signed a contract extension with united for another two years. he captained the side for wednesday's europa league triumph and will spend a full decade at the club, having arrived from wigan in 2009. tomorrow's fa cup final see premier league winners chelsea take on their london rivals arsenal. however, there have been contrasting fortunes for the sides in the league this season. arsenal could only finish fifth, missing out on the champions league for the first time in 20 years, and arsene wenger, their manager, still hasn't confirmed if he'll be at the club next season. antonio conte could do the double with chelsea in his first season. it seems he is keen to stay at stamford bridge. we have the same idea about the futu

there has been a family contact centre set up at the etihad stadium. who are currently making rooms available for people. we are conscious that some of the people who are trapped in the city maybe don't live here, so they have some expenses. so we are doing our best to help people through these difficult times. we will raise a fund to support people. we will do everything we can. you made the point very clearly about manchester today, people making a big effort to go around and try to lead as normal a life as is possible in these circumstances. what can you tell us about the ongoing security operation in the city and what is your message to the people of the city today in terms of the operation going on to make sure things are as safe as they can be? i know, because i have seen it for myself, people have worked flat out over the last 2a hours to return the city to a form of normality to make it safe. they couldn't have done more. already, there are major developments here that make sure that if there was more than one individual responsible, we will fi

target for several big clubs including manchester united but he'll leave the french champions for the etihadof manchester city's team. when you have the opportunity of being trained by pep guardiola, you don't say no. if he is not the best coach in the world, he is one of the best — it's great to be working with him and to have this opportunity." meanwhile one of the players released by city, pablo zabaleta, willjoin west ham on a free transfer this summer. he's signed a two year deal. zabaleta has described the move as an ‘absolute pleasure'. he spent nine years with city. antonio valencia will be staying in manchester though, he's signed a contract extension with manchester united for another two years... he captained the side for wednesday's europa league triumph and will have been their a decade when his new deal expires in 2019. the fa cup final tomorrow sees arsenal take on premier league champions chelsea at wembley. it's been a season of contrasting fortunes for the two managers — with arsene wenger under pressure as his side missed out on a champions league spot next season. while a

the original restrictions affected many of the gulf carriers including emirates, etihad and qatar airways co—founder jack dorsey was brought back as chief executive in 2015. mr dorsey has been trying to revive twitter, which says it has more than 300 million monthly users, but still struggles to make a profit. nestle has lost its appeal to trademark the shape of the four—fingered kitkat bar in the uk. the firm had been appealing against a previous verdict that said other companies could use the design in their products. nestle says it is disappointed by the court of appealjudgment and is considering next steps. the markets opened in the us a short while ago and they are down fairly sharply because of the political turmoil happening in washington. the concern among investors is that all of this could delay president trump‘s economic reform plans. economic —— the eu markets were already trading lower but the chill coming from washington has caused them to chill even lower. even the boost from lloyds shares priced not helping. that‘s all for now. she was one of television‘s best loved charac

and rena which is only around two miles lake. —— etihad arena. we are bringing you the very latest on the terrorist attack that has ranked the terrorist attack that has ranked the lives of 19 people at an ariana grande concert. the latest number of injured that we know is around about 59 at the moment. we will be live at the manchester arena with the wheeze who is down there this morning. ariana grande was on stage last night. this incident took place a p pa re ntly night. this incident took place apparently just as she finished the concert. the american singer gave some reaction on social media. this is what she said. a brief statement from her. there was further comment as there was further comment as well there was further comment as well from her manager who put this statement out, saying, "tonight are ha rd statement out, saying, "tonight are hard at broken. works cannot express our sorrow. hard at broken. works cannot express our sorrow. we mourn the lives of us children and loved ones taken by this cowardly act. we are thankful for the man

the original restrictions affected many of the gulf carriers including emirates, etihad and qatar airwaysnder biz stone says he will re—join the social media company in the next few weeks after fellow co—founder jack dorsey was brought back as chief executive in 2015. mr dorsey has been trying to revive twitter, which says it has more than 300 million monthly users but still struggles to make a profit. nestle has lost its appeal to change the shape of the forefinger kit kat bar. it was appealing against the verdict that said other companies could use the product. it is disappointed and it will consider the next steps. also uncertainty on the next steps. also uncertainty on the markets ahead of what is happening in the united states, what president trump will do next and other he has been distracted by any of the business policies he is pushing through. more from us later. thank you. she was one of television's best loved characters — hilda ogden — famous for her sharp tongue, her trademark headscarf, and her pinny. now some of those iconic items are going under the hammer. they're being s

but this have set up a help centre in order to help trace those who are missing and that is at the etihadle as well. they are at a number of hospitals and one of those is the royal infirmary. michael vick annita mcvey is there for us this afternoon. yes, ben, just preparing here at the royal manchester infirmary for a news conference and we are expecting it to happen at around one o'clock with it chief executive of the hospital association. it was the north west ambulance service that deployed 60 ambulances and their crews to the scene ambulances and their crews to the scene of the attack last night, they treated around 16 walking wounded and brought 59 people to hospital and brought 59 people to hospital and they are being treated at eight hospitals, nine of them here at the manchester royal infirmary, the major trauma centre for the region. six at salford royal hospital and six at stepping hill, six at royal boat and, seven at the royal 0ldham hospital and five at the north manchester hospital. the north west ambulance service have said in a statement just a ambulance service have said