just in time we've heard from the owners of british airways and iberia, iag, on theirfinancial performance the year. their profits before tax beat estimates driven by a strong north america market and they seemed pretty optimistic for the rest of the year. joining me now is one person not currently on holiday, john moore, senior investment manager at rbc brewin dolphin. takeaways about north america, latin america and intra—europe travel in the ascendancy but turbulence over corporate travel and luxury spends on holidays. the first takeaway is that iag has performed well in absolute terms and relative to some of its peers. it benefits from those routes that you have mentioned and it benefits disproportionately from that activity, as well. in the post—pandemic world you have seen a degree of abundance in travel simply because we had cash and the inclination having been restricted somewhat, but it is only reasonable to expect higher interest rates to curb the consumer demands in a way and the delay in those interest rates taking effect means that is to's but not for iag. they have performed

it's popular, isn't it, because the iag group, which owns aer lingus, british airways and iberia, boughtuff in spain recently? but it is expensive, isn't it? it is expensive. the price will come down over time, but it is significantly more expensive than regular fuel, and it is the closest thing at the moment that the airline industry has to a silver bullet for reducing its emissions. but it's a huge challenge to expect that we will have enough in time. this year for sustainable aviation fuel accounted for about 0.5% of all of the aviation fuel. it's tiny. and the goal, for example, in the eu is to reach 70% by 2050. so there's a huge scale up needed. so in the aviation industry, briefly, what else are the silver bullets that can reach net—zero, virgin pledging to reach net zero by 2050. the sustainable aviation fuel is the closest thing we have. the big challenge for the industry is its continuing to grow all the time, so it's chasing a moving target to a large extent. we can expect electric aircraft, hydrogen, more efficient operations and so on. but the saf is going to be the the bigg

it is popular because the i group which owns aer lingus, british airways and iberia bought 28,000 tonnesin spain recently but it is expensive. it is exnensive _ recently but it is expensive. it is exnensive and — recently but it is expensive. it is expensive and the _ recently but it is expensive. it 3 expensive and the price will recently but it is expensive. it 1 expensive and the price will come down over time but it significantly more expensive than regular fuel and is the closest thing at the moment that the airline industry has to a silver bullet for reducing emissions but it is a huge challenge to expect we will have enough in time. this year sustainable aviation fuel will count for about 0.5% of all aviation fuel and the goal in the eu is to reach 70% by 2050 so there is a huge scale up needed. reach 70% by 2050 so there is a huge scale up needed-— scale up needed. what are the silver bullets that can _ scale up needed. what are the silver bullets that can reach _ scale up needed. what are the silver bullets that can reach net _ scale up needed. what are the silver bullets that c

elal, is trying to help. compatriots to return home, neither the american delta, nor the spanish iberian vizeir risks flying to israel today, and elal launches additional flights, returning compatriots to their homeland, while there is still an opportunity, before israel’s air gates slam shut. we were worried that the situation would get worse here before we returned, but we are glad that we returned everything is in order, the country is in place, our flight was not cancelled, a special fortified bunker in jerusalem, and the military leadership today opened a hospital capable of withstanding any blow. they are setting up a protected compartment for a possible influx of wounded, on the recommendation of the rear service, people are stocking up on water and battery-powered radios in the event of a long-term blackout of electricity and the internet, a list of food stores and pharmacies that will operate under shelling has been published, information: the state of israel is waging a war on several fronts against the axis of evil iran. we are striking a strong blow in every direction. we ar

hope that the enemy's vigilance will be dulled. cancellation of flights, american companies, spanish iberia, germans, greeks, poles, low-cost airlines, those who went on vacation have problems returning home, where over the past week life has changed noticeably, in anticipation of a blow from iran, yemen, lebanese hezbollah, city residents are settling in , preparing bomb shelters, on the recommendation of the rear services, stocking up on water, battery-powered radios, in case of a long blackout. walking along the embankment, sitting with a cup of coffee in a cafe, because even in harsh times it is more pleasant to meet in a comfortable environment. according to polls, the majority of israelis received the news of the liquidation of ismail haniya with enthusiasm, but not the relatives of the hostages held by terrorists for more than 300 days in the gaza strip. a delegation of israeli negotiators flew to cairo on friday and apparently returned with nothing. chief curator of negotiations with... russia, the world's largest training ground for the extraction and processing of mountain rue com

american companies, spanish iberia, italians, germans, greeks, poles, low-cost airlines, those who wention have problems returning home, where life has changed noticeably over the past week. in anticipation of an attack from iran, yemen, and lebanese hezbollah, city residents are settling in, preparing bomb shelters, on the recommendation of the rear service, stocking up on water, battery-powered radios, in case of a long-term power outage and the internet, although emergency the home front service did not issue any orders, life in the country continues, just as preparations for a war on several fronts continue, iran and its satellites are trying to tighten israel’s neck. this is clear aggression, but israel is not helpless, we are determined to confront them on all fronts, in all arenas, anyone who kills our citizens, anyone who harms our country will be held accountable for it, and they will pay a very heavy price. despite the alarming expectations, the israelis spent saturday evening without fuss or panic, bathing in the sea, walking along the embankment, sitting with a cup of coffee

so it is going to be a hot weekend rate across iberia, some spots pushing past 40 degrees, but up and down portugal it is hot. so here's a $3.00 to $4.00 tests for elizabeth. all has to do with that southwest, when your temperature up to 35, not going to be record breaking stuff, but definitely above where you should be at this point in the year. it's also been hot in greece, there's a wildfire burning not too far away in east mirror, and turkey all has to do with how hot and dry and even windy it's been off the gnc there. but let's talk about the active weather in central europe. we've got showers and storms from poland to ukraine into romania and scattered throughout the balkans . for a time it will drop down in temperatures, but then they'll shoot right back up. over the course of the weekend. lot of what weather pours into denmark, southern norway, and sweden. nicer for the north, west london at $25.00. i think you could hit potentially 30 degrees over the next few days. so give it a bit of time. we'll string together some nice weather stringing together. storms for chad, potentia

but it was really a pamphlet debate that took place between the french, iberia now and thomas. and around 1782 that popularized use of the term. so iberia and i'll use term the revolution of america in title of his work to denounce what he describes as the upheavals taking place, and he described them as being unjustified by any sort of wrongs suffered by americans. paine, who rebutted reynolds, claims as and misinformed, adapted the term to describe the struggle for independence. now, of course, identify, saying the use of a term is one thing defining agreeing on its meaning is quite another so. without a doubt, the revolution was understood first and foremost as a political revolution in the senses that was described earlier during the q&a and the previous session, in the sense that, you know, the americans sever their ties. great britain, then they shrugged off dependance an allegiance to a distant. but if it were only a political revolution involving a change in the form of government or objects of allegiance, then the word independence probably would have sufficed in optin

spanish companies, spanish iberia, italians, germans, greeks, poles, low-cost airlines, those who went noticeably over the past week. in anticipation of an attack from iran, yemen, and the lebanese hezbollah, city residents are developing and preparing bomb shelters, on the recommendation of the rear services, stocking up on water, and battery-powered radios in case of a prolonged power outage and the internet. previously, during shelling from gas. it was possible to protect yourself on the staircase, but now we are talking about a much more powerful weapon and the shelter this time is completely different. true, the home front service did not issue any emergency orders. live in the country continues, as does preparations for war on several fronts. despite the alarming expectations, the israelis spent saturday evening without fuss and panic, swimming in the sea, walking along the embankment, sitting with a cup of coffee. in a cafe, because even harsh times are more pleasant to meet in a comfortable environment. according to polls , the majority of israelis received the news of the liqu

been dealing with wildfires in southern greece, but really from southern greece, italy right across iberia sheet alerts in play of hard to see why. right look at a $139.00, maybe even 40 degrees off to africa. we go showers in store and so i'll look at those from sudan. virtually all of chad is dealing with active. whether that comes right across west africa, we'll call it around any for example, on thursday to the south. we go whether make or moves in to the western cape providence. that's going to impact cape town. looks like the rain will move in by late afternoon or evening on thursday. so yeah, the maybe his son goes head to head with his really historians that he, morris, the jews were on the 5th of annihilation by the arabs. and that's my view legitimize justified cleansing arabs from palestine. the hutus that exactly the same thing about maybe food in 1990 israel has committed a numerous of all crimes. since that i'm also friends on the type of stuff. i'm fairly sure that'd be fine. the toward itself is not a wall time head to head on out to 0. the, [000:00:00;00] the the, i'm seve

been dealing with wildfires in southern greece, but really from southern greece, italy right across iberia sheet alerts in play. not hard to see why, right look at madrid, 39, maybe even 40 degrees off to african. we go showers in store and so i'll look at this from sudan. virtually all of chad is dealing with active whether that comes right across west africa. what call it around? guinea, for example, on thursday to the south, we go whether make or moves in to the western cape providence. that's going to impact cape town. looks like the rain will move in by late afternoon or evening on thursday. so yeah. as the cost of oh, celebrates the 25th anniversary of nato's intervention that ended the fighting between serbian and because of albany and force we were meant to be completely ethnically. cleanse people have power, examines the posts for landscape, and present the challenges for the regions. youngest country, this is a vibrant nation state that is alive today because we took no attraction that's not possible the making of a states on that. just so you know, this matthew has, of course, h

so it is going to be a hot weekend rate across iberia, some spots pushing past 40 degrees, but up and down portugal it is hot. so here's a 3 day forecast for lisbon. all has to do with that southwest, when your temperature up to 35, not going to be record breaking stuff, but definitely above where you should be at this point in the year. it's also been hots in greece. there's a wildfire burning not too far away in east mir and turkey. all has to do with how hot and dry and even windy it's been off the gnc there. but let's talk about the active weather in central europe. we've got showers and storms from poland to ukraine into romania and scattered throughout the balkans. for a time it will drop down in temperatures, but then they'll shoot right back up. over the course of the weekend. lot of what weather pours into denmark, southern norway, and sweden. nicer for the north, west london at $25.00. i think you could hit potentially 30 degrees over the next few days. so give it a bit of time. we'll string together some nice weather stringing together. storms for chat potential for sand st

spanish iberia, neither polish lod, nor hungarian vizeir risks flying to israel today, and ellal is launching returning compatriots to their homeland while there is still an opportunity, before israel’s air gates slam shut. we were worried that the situation would get worse here. a list of food stores and pharmacies that will be open during shelling has been provided; residents receive information about them via their smartphone app. in that in a coastal israeli town , one of the three shops under the pit that will not close during hostilities. this is because it has durable concrete floors, its own shelter, and most importantly, here you can buy the entire set of necessary products, quickly and reliably. there is no panic demand or shortage of products, the israelis have the skills to live and maintain life in wartime conditions , i don’t buy anything, i don’t make people panic, i’m an ordinary person, i work a lot, the war has not been going on for the first day, it started a long time ago october 7, sky the north of israel was closed to civil aviation, and enterprises stopped operating in