the challenge here is a lot of the aircraft that jets have are not owned by jet airways they're actuallyowned by leasing companies so what you've seen the last few weeks of those leasing companies a direct hit so those planes in the hope of actually recovering those planes and leasing them to other airlines so that's actually not capital that belongs to jet they're actually renting those aircraft however to keep the business running of the last few years what jet has been doing is been plowing in money by by borrowing money from the banks by borrowing money from meant other entities and that's a challenge so the banks actually have to try and recover that money in the best possible way of dish kapoor thanks very much for being with us thank you very much and that is our show for this week remember you can get in touch with us by tweeting me at has i'm seeking and do use the hash tag. a j c t c when you do or drop us an e-mail counting the cost that i use in a dot net is our address and there's more for you online at it is there dot com slash c t c that will take you straight to our page

evie's and that actually dissuaded many pretention investors to actually make some investment in jet he did not want to give up control of the. now he has given up control and hence we have this death bed to restructuring deal and the. consortium led consortium has taken control hopefully there would be a solution to this but exports a not very optimistic as i say one of time because. the consortium hasn't actually infused given the money that it's just promised so far and hence the meeting today that they're discussing about whether it could actually give a part of the sum it has promised so the weight of the waiting game continues absolutely ashes thank you very much for coming in. well criticism of china's global belts and road initiative have been warnings about beijing offering countries huge infrastructure projects that end up being debt traps a case today with malaysia's new prime minister revealing the costs of a china backed rail deal were slated beijing is back down slashing the price tag by a third the project is key as it allowed chinese freight to avoid the malacca strai

the challenge here is a lot of the aircraft that jets have are not owned by jet airways they're actually owned by leasing companies so what you've seen the last few weeks of those leasing companies a direct hit so those planes in the hope of actually recovering those planes and leasing them to other airlines so that's actually not capital that belongs to jet they're actually renting those aircraft however to keep the business running of the last few years what jet has been doing is been plowing in money by by borrowing money from the banks by borrowing money from meant other entities and that's a challenge so the banks actually have to try and recover that money in the best possible way of dish kapoor thanks very much for being with us thank you very much and that is our show for this week remember you can get in touch with us by tweeting me at has i'm seeking and do use the hash tag. a j c t c when you do or drop us an e-mail counting the cost that i use in a dot net is our address and there's more view online at al-jazeera dot com slash c.t.c. that will take you straight to our page wh

the challenge here is a lot of the aircraft that jets have are not owned by jet airways they're actually owned by leasing companies so what you see in the last few weeks of those leasing companies a direct hit so those planes in the hope of actually recovering those planes and leasing them to other airlines so that's actually not capital that belongs to jet they're actually renting those aircraft however to keep the business running of the last few years what jet has been doing is been plowing in money by by borrowing money from the banks by borrowing money from meant other entities and that's a challenge so the banks actually have to try and recover that money in the best possible way of dish kapoor thanks very much for being with us thank you very much and that is our show for this week remember you can get in touch with us by tweeting me at has i'm seeking and do use the hash tag. a j c t c when you do or drop us an e-mail counting the cost that i use in a dot net is our address and there's more for you online at it is there a dot com slash c.t.c. that will take you straight to our pa

the challenge here is a lot of the aircraft the jets have are not owned by jet airways they're actually owned by leasing companies so what you see in the last few weeks of those leasing companies are direct so those planes in the hope of actually recovering those planes and leasing them to other airlines so that's actually not capital that belongs to jet they're actually renting those aircraft however to keep the business running of the last few years what jet has been doing is been plowing in money by by borrowing money from the banks by borrowing money from ent other entities and that's a challenge so the banks actually have to try and recover that money in the best possible way but dish kapoor thanks very much for being with us thank you very much and that is our show for this week remember you can get in touch with us by tweeting me at has i'm seeking and do you use the hash tag a j c t c when you do or drop us an e-mail counting the cost that you see in a dot net is our address and there's more for you online at al-jazeera dot com slash c.t.c. that will take you straight to our pag

the times of india said spice jet will take 40 of jet airway'' 747s. another airline will take several others. it will mean new employment for jet staff who faced being laid off by collapse. the airline suspended operations must week after failing to secure emergency funding -- last week after failing to secure emergency funding. paul: the bank of japan governor lowering his policy forecast. this is bloomberg. ♪ this is bloomberg. ♪

the challenge here is a lot of the aircraft that jets have are not owned by jet airways they're actuallyowned by leasing companies so what you see in the last few weeks of those leasing companies are direct so those planes in the hope of actually recovering those planes and leasing them to other airlines so that's actually not capital that belongs to jet they're actually renting those aircraft however to keep the business running of the last few years what jet has been doing is been plowing in money by by borrowing money from the banks by borrowing money from meant other entities and that's a challenge so the banks actually have to try and recover that money in the best possible way of dish kapoor thanks very much for being with us thank you very much and that is our show for this week remember you can get in touch with us by tweeting me at has i'm seeking and do use the hash tag. a j c t c when you do or drop us an e-mail counting the cost that i use in a dot net is our address and there's more for you online that is there a dot com slash c.t.c. that will take you straight to our page w

we have seen the likes of spice jet and air india tried to pick up the flights from jet.ty is this for the rivals? is there enough capacity to take it up? this is a great opportunity for the rivals. they do have enough capacity to build up the slack. but they break the indian market down into three major segments. you have the domestic segment, short-haul and international long haul. spice jet, indigo, and others are capable of filling the gap in international short-haul and the domestic segment. they operate the same types of aircraft that can be used on these missions. one company has only applied to fill the gap. haslinda: two foot -- to failing airlines in a decade doesn't say much about the indian aviation sector. that?n: can you repeat haslinda: two grounded airlines within a decade, it does not say very much about the indian aviation sector. what is your take on that? let me give you a background of what was going on in the indian aviation sector. an oversupply phase, with demand being stimulated through low pricing. for was a great environment the consumer. we wer

we start off with jet airways and the report. i'm rico hizon.start off withjet airways and the indian carrier has temporarily shut down operations. it failed to secure emergency funding from lenders. the lenders said it had no money left to pay for oil and other critical services. the firm has more than one billion us dollars in debt. its pilots, who have not been paid for three months, have threatened to go on strike, putting further pressure on strike, putting further pressure on the company. we have more from mumbai. after days of speculation the inevitable has happened. jet airways has suspended all its operations starting thursday. the airline was trying to secure emergency funds from lenders, but the banks refused to release those funds. the banks still believe that the airline can be revived and, in fa ct, the airline can be revived and, in fact, they are in the process of finding a new investor. according to multiple media reports they have shortlisted four entities, which includes etihad airways, which is a minority shareholder in jet a

i've been physical and let's to business stock in jet airways plunged more than thirty two percent on thursday the indian carrier had its final flight today following a decision to ground its entire fleet it's failed to secure emergency funding from banks jet airways has collapsed under the weight of heavy debt and rising oil prices which are also the main reasons for a whole host of high profile aviation failures last month iceland's budget carrier wow air which flew transatlantic flights ceased operations leaving travelers stranded similarly in twenty seventeen over one hundred thousand passengers were left stuck abroad when the british airline monarch collapsed and just one month later germany's second largest carrier air berlin went bankrupt the last major indian carrier to go bust was kingfisher airlines in twenty twelve jet airways stuff have been holding rallies calling for a state bailout creditors are cautiously optimistic the airline can be saved. it's been a hard landing for jet airways flight crew and other stuff they took to the streets in the indian cities of delhi and m

now india's jet airways is holding all operations after bankers refused to lend more money the airline based in mumbai is the country's second biggest airline last year it carried twenty seven million passengers but the company's founder was forced out in march and the government has asked state lenders to help thousands of job losses will says jamil joins us live now from new delhi says jet airways has been struggling for some time now financially so was the airline been saying. adair and they began this morning by sending an e-mail to all passengers who had a future flight booked saying that those future flights had been canceled and jet airways had been reducing operations for months they only have five planes of a fleet of about one hundred fifty operating when they shut down operations or announced they would be shutting down operations wednesday night now this morning the consortium of lenders led by the state bank of india said that they will now they've released a statement saying that they're now going to push interested buyers to formally bid for the airline as the best way f

jet airways once india's biggest airline is holding all operations after bankers refused to lend more money mounting losses force that to counsel flights over the past few months the company's founder was forced out in march when the government state lenders to help avoid thousands of job losses creditors are appointing a new board let's bring in phase two meal he's joining us via skype from new delhi as we're saying it was regarded as one of india's biggest airlines how did the company get to this point phase. during it was a long road down unfortunately at its peak jet held about twenty two and a half of the market share in india now it's roughly about twelve percent it's had financial difficulties for years in two thousand and thirteen jet actually was close to collapsing but thanks to government rule change rule change allowing foreign direct investment to a certain extent into indian airlines they were saved when the hard airlines bought a twenty four percent stake but new domestic airlines low cost airlines kept eating into their market share and profit share and since late last

jet has suspended all its operation starting thursday.as trying to secure emergency funding from lenders, but the banks refused to release those funds. the banks believe the airline can be revived, and infact believe the airline can be revived, and in fact they are in the process of finding and in fact they are in the process offinding a and in fact they are in the process of finding a new investor. according to multimedia reports they have shortlisted four entities, which also includes at he had our ways, which is the minority shareholder in jet —— etihad airways. lenders are hoping to identify an investor by may. there are many questions about whetherjet could airways can be revived. lots of analysts say the liabilities are huge, $1.2 billion of debt. the airline has not paid aircraft leasing companies, so more than 100 of their aircraft are grounded. and it has also not paid oil companies. so whichever investor comes in, they have to clear all those bills to restart the airline. the second big question is, in the last few weeks the civ

airways jets managing director said the company had already taken on more than five from jet airways pilots cabin crew and technical staff jet airways grounded all its planes this week indefinitely after failing to secure urgently needed funds the international monetary fund is grinding mozambique a one hundred eighteen million dollar credit facility it's to help the country rebuild after cycling killed hundreds of people and flattened whole video last month the worst cycle in decades last the eastern indian ocean coast the world bank says affected countries will need over two billion dollars to recover south africa's government has been forced to bring forward its bailout of state power company eskom to avoid default over three hundred fifty million dollars into the struggling utility and could provide more soon as supplies more than ninety percent of south africa's electricity needs. now after two decades of relative economic stability shortages of food and medicine have once again become a serious daily problem for millions of cubans one reason for cuba's worries the crisis in ven

airways but that will take at least a few months now jet airways got to this point simply because it couldn't pay its bills anymore specifically for fuel and for airport charges but even stopped paying employees for months but despite that employee he's of remained loyal to the company many of them going without salary continuing to show up for work and now though they're staging protests trying to government attention investor attention to try to save the airline they remember the days when this was considered india's premier airline internationally their biggest private airline and they say that it can still be saved now also on thursday a consortium of lenders led by the state bank of india that effectively own a chunk of the airline say they believe the best way forward is to get any interested buyer to formalize their bid but that won't happen until may ten more lessons bring an airline consultant desk to poor and lester in the united kingdom thank you so much for joining us what went wrong for this airline thank you i'm sorry what nonono are is what went wrong for this airline

thirty five jet which is vastly. over over budget and vastly expensive one hundred million dollars a pop if they can't sell this jet to their nato allies and other allied countries they are in trouble indeed all their eggs are in one basket here i just want to talk about the timing of assaults and as well because aside from. the seriously it's not a great to have a president assad on his policies lost control of ankara. dense cities as one of the local elections do you think it could be out of money or washington trying perhaps through the situation to its advantage you know one cycles government is at a weak moment. i'll course the u.s. would look for any weakness in turkey's position however i think turkey will stay strong on this issue and will continue to buy the s. four hundred missile defense system for a couple of reasons in the first place it's a very reliable system in fact some people say it's the best in the world and it's at a reasonable price and the second reason is i think that turkey like many other u

he and his family had a 51% stake in jet airways.e stood down as chairman last month due to the firm's financial crisis and there are reports he is now considering a rescue bid of his own. 0ur correspondent sameer hasmi is at the airlines headquarters in mumbai. i know there were lots of protesters gathered earlier, staff, pilots who desperately want to know what the future is for the airline? that's right, sally. right now everyone has broken for lunch but there were about 200, 250 people assembled here including primarily pilots, engineers and staff members, who we re engineers and staff members, who were hoping that the lenders would agree to infuse some money in the airline to keep it alive. that's why they are hoping lenders were meeting right now in a different location, and they will decide to save the airline. all of them had turned up in uniforms, most of them haven't been paid for the last four months, it's been a really difficult year for most of them. what is the outlook for the airline? as you say, those in the position

airways market share and profits formally announce the first and jets founder nourished go well was forced to step down from the board in march after being criticised for continuing to spend on planes and premier landing slots as the airline's debts were piling up. for passengers in india the grounding of jet is expected to lead to higher airfares but aviation analysts say that will be temporary and then there is one of the. growing . demand of the most. in some. not experiencing that kind of growth so i don't see that more than four to six months. later. the capacity gap. but that's little comfort for the tens of thousands of jet employees who stuck with the company despite working on paid from the day i've joined so many of us the airline has given everything to us and savvy on things a lot of things it seems which peter you don't know what happened it's been very uncertain. yes i like these to mean the same because better about the standards because it is the former governor many hope their years of service in what was connolly considered a dream job will not have to be anyone wi

attention has focused on the jets anti—stall system.ditor, larry madowo, has more on what the upcoming report is likely to say. this investigation into the crash has been leaking like a seve and a series of reports in the new york times and the guardian talking about some of the results expect and what they are likely to say. many people know expect it will paint a picture ofa know expect it will paint a picture of a failure of the anti— stall system, the system that is supposed to avoid a stall by pushing the nose down if it loses left and to avoid, basically, the plane crashing yet it does the opposite. all the leaks have suggested that in this analysis of the crash three weeks ago that the system was activated. one report, the most recent one says that the pilots tried to turn it off but it came back on again and the guardian reported a short while ago that it may have been reactivated several times. we expect to see authorities say that the pilots were well trained and this system, somehow, was to blame for the crash. this is all sp

of jet airwaysre .y are delaying any moves as they wait for more clarity on the sale of its finances. -- the state of its finances. trying to kickstart its recovery. this is out of the economic times over in india. as far as the company is concerned, jet air has delayed bank payments worth more than $18 million. a topsy-turvy story there. have a look across the chinese markets of fine. we were talking about the chinese yuan over the break. i believe we are seeing a lot more downside. monday, it is a little early for this time of the week. a very good set of numbers. that is a record high. 935 renminbi. be.ne: 1000 could it could be the first stock to hit 1000. we saw that rally up after the announcement of cutting infrastructure levies in china. raised their price targets, but valuations are looking less attractive following the rally. that is why we are seeing some of the carriers heading lower. david: an update on this stock. the screen,f reporting here that the company is expected to set the price ra

>> aside from jet -- jet is obviously going to be the big watch -- but there are two other stocks tomarket standpoint, one being reliance industries. that has 10% of the index. now there are news reports saying saudi aramco is looking to pick up a stake in its refining business for about $10 billion. that is going to stir a lot of interest. the other one is going to be mine three. they are reporting their quarter for numbers area yesterday was a market holiday. important part is how shareholders are going to react to counterbalance what the open offer is making. whether they reduce the open offer or will try to lure shareholders back. two stocks to keep an eye out for this morning. yvonne: we will be watching. divina connor joining us with the latest out of mumbai. let's do a check of the business flash headlines. the u.s. communications regulator wants china mobile's barred from the american market, potentially opening a new front in the trade fight. the sec wants to deny china mobile usa on national security grounds, describing the company as a delaware registered subsidiary indire

they're fighting for their livelihoods these jet airways employees haven't been paid in months some not since last august and spent taking a toll on them and their families education of children suffering parents is you know they can get off the way it was because all the introduces and things. before i thought that we might retire from here you see here is my son is also in jail is going to fly as a pilot so if i were to drill a drill get into this situation i wouldn't have brought him in this. once considered india's premier private airline it suffered financial difficulties for years coming close to collapse in two thousand and thirteen until the hard airways bought a twenty four percent stake in fusing you cash and life into the airline but new low cost a message carriers have continued to eat into jet airways market share and profits formally announce the first jets founder nourished go well was forced to step down from the board in march after being criticised for continuing to spend on planes and premier landing slots as the airlines debts were piling up. for passengers in india

he defended the jet's design. kris van cleave was there. >> reporter: with protesters outside holding pictures of those killed in 737 max crashes, boeing ceo dennis muilenburg said the plane will be safe to fly after they've fixed the jet's troubled mcas anti-stall system. >> it's our responsibility to eliminate this risk. >> reporter: in both max crashes investigators believe a sensor malfunction triggered the anti-stall system, repeatedly pushing the nose down. the second crash in march prompted the worldwide grounding of the plane and investigations into its approval by the faa. but muilenburg is standing by the max's design. >> the mcas system as originally designed did meet our design and safety analysis criteria. >> you couldn't have possibly designed a system that would activate 21 times, pushing the nose of the plane down to the point of an unrecoverable dive. >> there are multiple contributing factors. there are factors that we can control in the design and in this case that common link related to the mca

at its first shareholder meeting since its top selling jet is involved in to say to crush us. a welcome to g.w. business i want to get in berlin good to have you with us u.s. president donald trump is suing deutsche bank to stop it from handing over financial records about the bank's dealings with a new york real estate mogul congressional oversight committee subpoenaed to the documents in march two years the german lender has been traumas mane and sometimes only creditor financing many office construction projects democrats in congress say they want to investigate possible financial ties between trump and russia and gain general knowledge of the president's finances trump has for years boasted about his financial action buts he's been secretive about details breaking with a longstanding tradition of presidents making their tax filings public. for more let's bring in a off a national correspondent in frankfurt. the president of the united states suing germany's biggest lender oh is that going down with investors. well the reaction here has been fairly muted at this point of ti

and back forces in libya say they've shot today in a jets belonging to warlord khalifa haftar. your sexual state might come pales to of latin america brings him to the border of venezuela as he tries to rally regional allies. and a storybook ending for tiger woods at the masters as he wins his first major tournaments in eleven years. i am. but we begin in sudan where the military council has conceded to a key demands by protesters and promised to restructure the national intelligence and security service a new intelligence chief has been appointed it's an hour in the hour wolf who resigned as head of the council has also stepped down from his post as defense minister and has been retired the council says it will buy political parties to decide on a new civilian prime minister our state president's omar al bashir as party will not spill lights to join the transitional governments and on thursday the military of course tough words or more are bashar ending thirty years of his rule demonstrations though remain in the streets of khartoum and are. calling for an immediate transition

apparently there are representatives from the three american air carriers that own boeing 737 max jetsamerican, united and southwest. and officials from three different labor unions are apparently also in attendance. 300 or so boeing 737 max jets have been grounded worldwide. many airlines putting them on the ground after nearly 350 people died in two separate crashes, one in indonesia in october, another in ethiopia just last month. showing its skepticism that boeing can fix the situation sooner rather than later, southwest has made the decision to remove boeing 737 max jets from its flight schedules all the way through early august but that actually may now be conservative of an estimate. "wall street journal" reporter andrew tangle has been reporting from the front lines of this boeing saga. to the meeting first that's going on today. deduce for our viewers what they are discussing. faa and u.s. airlines. >> u.s. airlines and the pilot unions want to know how the work on this software fix for the 737 max is progressing. ultimately the airlines want to make sure that the airplane is

it was the second time in 5 months a jet crashed. a lion air jet crashed in october. boeing is supposed to roll out a saeft ware fix for those jets. it will first need approval. there is no specific timeline on when that will happen. >>> happening later today, the family of a woman killed in the ethiopian airlines crash is filing a lawsuit against several companies including boeing and ethiopian airlines. stamio stumo was a niece of ralph nadir, a former green party candidate. the family will file a lawsuit today in chicago. lawyers for the family in chicago and san francisco say that a separate claim will be filed against the federal aviation administration. >>> the time is 7:34. new reports today that tensions are growing between the office of the special counsel mueller and that of attorney general william barr. some are saying that barr did not accurately portray the the report saying that the issue of obstruction of justice was more serious. barr came in and cleared the president of wrong doing. tomorrow president trump is coming here to california. he will be vi

we're getting details of a preliminary report following the crash of a boeing 737 max jet last month in ethiopia. this report coming from ethiopian authorities, says that the plane repeatedly nose-dived before it went down and the flight crew performed all procedures that boeing recommended but could not control the jet. the anti--stall feature is being blamed. all max jets have been grounded worldwide until a software fix from boeing can be approved by the faa and other regulators. ashley: trade talks between the u.s. and china appear to be making progress, potentially ending the bitter trade war. the top economic advisor telling reporters china admits the u.s. has a point on intellectual property theft and other issues. >> i think the chinese have acknowledged these problems for the first time. they were in denial and -- all of them. all of them. the i.p. theft, the forced transfer, lack of ownership, the cyber hacking, they've acknowledged it. cheryl: a sticking noint the negotiations -- point in the negotiations, punitive tariffs the administration is demanding to make sure china

a twin engine six-seat business jet.ed at santa barbara airport when federal agents handed the keys over to a private contract pilot to fly avenatti's plane to chino, california where it's in the possession of threshold aviation. here's the most interesting part of the jet, which we cannot see. the jet is in ardome, a video server here in new york. the plane is known to be registered to, and i quote, "passport 420." we know that trips between cnn and msnbc will now require an uber as the jet is no more. investigators say they're looking to what they're calling suspicious fired that destroyed three black churches in louisiana. it's happening in st. landry parrish. local officials say the churches were empty when they were burned. each burned. they suffered significant damage forcing worshippers to hold sunday services in different locations. one woman told "the new york times" her family has been growing to the greater union baptist church for generations. she says a piece of her is missing, but they didn't purpose down o

making news in america this morning, the first report just out this morning on what caused that boeing jet to fall out of the sky killing all 157 on board. what we've now learned and the question this morning, was a bird or other flying object to blame? >>> trump's taxes. the new battle for the president's tax returns. what democrats are now doing to get their hands on them and how the president and the irs are responding. >>> the shocking scene on the street. a boy is found wandering alone claiming he just escaped from two kidnappers. is he the same boy who disappeared seven years ago in illinois two states away? >> he walked up to my car, and he went, can you help me? i just want to get home. >> the urgent search right now for answers and what the missing boy's family is saying. >>> plus, facebook under fire. the new data privacy concerns. millions of user records have reportedly been exposed. >>> health alert. the possible link between sleeping pills and high blood pressure. what doctors are saying. >>> and -- ♪ what a way to make a living >> -- dolly parton off to the races. the news a

norad dispatched two f-16 fighter jets. they said before the jets intercepted the suspicious aircraft, the pilot diverted to the nearest airport. nbc4 received more than a dozent calls about sound of the low-flying jets. the faa says air space in and around the beltway is the mos restricted in the country. . >> i like this one. >> oh and many of you absolutely love this movie. the universal has never seen an opening like this. avengers "end game" destroyed the record for the biggest weekend. marvel blockbuster will cash in with an estimated $350 million. the demand is so great in fact, that some movie theaters stayed open for 72 hours straight just to try to accommodate people. we were on our way to church this morning and there was already a line outside of the theater like at s 9oki bought my tickets a month ago. i was there at 11:45 p.m. thursday night. slept through theal first h hour. >> what? >> was knocked out it was so late. it was so good. >> the part you did see. >> sosa mara is here to talk to us about this gorge

very complicated issues for passengers who booked tickets with jet airways.afghan delegation is set to take place in the gulf state of qatar this weekend. afghan women are calling for a stronger presence at the negotiating table to ensure the fragile gains they've won since 2001 are not lost. but afghanistan is still a deeply conservative society where women are fighting for their rights. 0ur chief international correspondent lyse doucet reports from kabul. building a different afghanistan takes time, it takes effort. even body—building has been taboo — for women. hooria kurbani's family used to say this is no place for a woman. now she has her own gym but faces threats in this conservative society to shut it. translation: we have fought for our rights up to now. we will never give up. we will continue to fight. do you worry now, now that there's talks with the taliban, that you could lose some of this? translation: i have spent all my life in a society that's full of fear, we are always in danger — i'm used to it now. zan tv, women's tv, trying to change a m

want to india's biggest airlines jet airways is halting all operations after bankers refused to lend more money last year and carry twenty seven million passengers but the company's founder was forced out in march and the government has asked state lenders to help avert thousands of job losses creditors are in the process of appointing a new management board spoke to us by skype from new delhi. jet airways had about a twenty two and a half percent market share in india now at down to roughly twelve percent it's had financial difficulty for years twenty thirteen the airline came close to collapsing but thanks to a government rule change allowing some foreign investment into indian airlines it was saved when the hot air waves bought a twenty four percent stake in the airline but new domestic players especially low cost carriers kept eating into jet airways market share and profits since late last year they have problems paying back loans and paying employees now what this will mean for consumers and aviation expert has told al jazeera that the short term for domestic indian passengers

tuesday's forecast, we have the jet stream to the south, so we have the jet stream to the south, so thatf the reasons why we are going. this is one of the reasons why we are are going. this is one of the reasons why we are seeing that cloud and rain activity, because the jet strea m and rain activity, because the jet stream is to the south of us. for a change, the north is where the clear blue skies are. if you look at the south coast, the rainjust blue skies are. if you look at the south coast, the rain just hugging that coastal area. cloud and rain. the rest of the country, it really isa the rest of the country, it really is a lovely day. it is turning cold. notice what happens from tuesday into wednesday — winds coming from the east. they are not easterly but north—easterly, originating in scandinavia, so cold air will arrive on our shores, and it looks as though by the time we get to certainly thursday or friday, it will feel very nippy in eastern areas. in this sort of weather situation, where the winds blow from the north—east, we tend to get dry weather and sunny skies. at least y

but that's little comfort to the tens of thousands of jet employees who stuck with the company despite working on paid on the day i've joined so many of them has given everything to us and savion things a lot of things it seems are which peter you don't know what happened it's been very subtle marchesa and you still remain the same because of these times because it is true that the many hope their years of service and what was connolly considered a dream job would not have been in vain anyone with a flight book he received a cancellation email early on thursday the airline will now have to wait for the outcome of a round of bidding by potential buyers on may tenth to get an idea of what the future may be in the meantime jet airways employees can only wait and hope the airline will take off again says jimmy all al-jazeera new delhi. thousands of mourners have gathered to pay their respects to peruse former president alan garcia . who died on wednesday from a self-inflicted gunshot wound just as police were preparing to arrest him he was being investigated over a massive corruption scand

the jet the 737jet. boeing's most profitable plane.d around the world since mid march, after two fatal crashes. the most recent, the ethiopian airlines grass last month that killed eve ryo ne grass last month that killed everyone onboard. —— crash. they are working on a fixed but the firm is under scrutiny from customers, regulators and passengers. southwest airlines is the largest global carrier flying 737 max aircraft. it's reported that boeing did not inform the airline that a safety feature had been deactivated. in well, pilots at american airlines claimed that boeing's training programme, aimed at help being pilots understand the ncas system does not go far enough. revenues have fallen by $1 billion, and boeing said last week it did not know how the crisis would affect its fortu nes know how the crisis would affect its fortunes going forward. it's a really busy week this week for financial markets, as it's a really busy week this week forfinancial markets, as i mentioned. including us— china trade talks resuming. us treasury secre

development in this extraordinary saga that started six months ago for carlos going in his private jet just having landed in tokyo when he was arrested and was held on suspicion of underreporting his salary over five years they said that he done a report to pipe out hoth since then he's been arrested three times the accusations against him included something this man is aggravated breaches of trust. yeah well that's the idea that you have used money from an organization where you hold sway for your own personal purposes and again it seems like that's where he's being accused of in this instance reports from japan's jet. still with the company in amman of the us no actually mentioned in the documents submitted by prosecutors we were actually gold is denying all these allegations what have we heard from from his people so far yeah he's strenuously denying this he says that he will be vindicated his lawyers say the same what they're particularly annoyed about is the fact that he has been arrested having only been bailed less than a month ago he paid well he was bailed on and nine million

by a third the allen was until recently india's second biggest carrier by market shab jet airways has more than a billion dollars in debt over his money to suppliers and thousands of employees who paid been paid for months it was already in the trolls the airline led by the state bank of india is looking to sell a controlling stake in jet airways and has short listed for potential buyers into the it's how their way is which already owns twenty four percent. now from company boss to presidential contender we've heard that story before terry go the billionaire founder of tavernise electronics make a fox call has said that he's stepping down from his post to run for president of taiwan already the richest man in the country he now wants to become the most powerful and he hopes for some divine intervention. mean i'm foxconn chairman terry goos run for president is divinely inspired at least that's what he said in this temple to the sea goddess matsu he claims that matsu came to him in a dream encouraging him to step up for the taiwanese people that's quite an indorsement as it is but it h