guy: thank, indeed, michael o'leary, dave calhoun -- thank you very much, indeed, michael o'leary, davealhoun. this is bloomberg. ♪ wanna lose weight and be healthier? it's time for aerotrainer. a more effective total body fitness solution. (announcer) aerotrainer's ergodynamic design and four patented air chambers create maximum muscle activation for better results in less time. it allows for over 20 exercises. do the aerotrainer super crunch, push ups, aero squat. it inflates in 30 seconds. aerotrainer is tested to support over 500 pounds. lose weight, look great, and be healthy. go to aerotrainer.com. that's a-e-r-o trainer.com. guy: stocks finishing the day in europe. let's talk about the session we've been seeing. pushing up towards the end of the day. more positive sentiment coming out of united states driving equity markets back to the green. yields moving lower over the last hour, which is interesting. in terms of where we are, still not back up to the 400 level. let's talk about how we are looking from individual market point of view, some of the individual assets, euro-dollar

. >> michael o'leary, as always, blunt about his thoughts when people are asking him questions like that. all of the airline stocks moving higher today we heard from united airlines, it will be receiving the first 737 max since they have been ungrounded, which the first certificate came from the faa earlier this week. unite will united will receive first plane that is expected to happen next week >> do we get a sense of how much of a discount there is for the planes that ryanair will be buying >> michael o'leary was asked that question and said not as much as i would have liked he goes, then again, dave calhoun is probably giving me more than a discount than he would have liked i wouldn't be surprised if it is between 30 and 40% off of the list price and keep in mind, airplanes never sell for the list price. the list price on the 737 max is about 120 million. >> but cheaper than -- >> it could be much cheaper than that michael o'leary said not as much as what some people were speculating. i heard people say, look, i wouldn't be surprised if it is 50% off. whatever the price is, dave calh

ryanair boss michael o'leary says his airline is buying $75.00 boeing $737.00 max planes it's the 1st major order of the jet since it was grounded last year following 2 deadly crashes the irish budget carrier already has $135.00 of the aircraft on order. while they needed days to debate it and now opec nations and russia have finally agreed to begin raising oil production from january and the group had slashed output earlier this year after the pandemic gutted global demand thursday's agreement is a win for nations like nigeria whose budget is especially dependent on oil sales but it also carries risks. opec member nigeria is one of the nations calling on the group to raise its production quotas oil is the country's most important source of income and 2020 hasn't been a good year despite production caps the oil price continues to fall thanks to the economic downturn from the corona pandemic currently is under $50.00 a barrel. for many opec members that's not enough to balance their budgets. nigeria would need a price north of $100.00 a barrel to keep their governments from taking on n

ryanair boss michael o'leary says his airline is buying 75 boeing 737 max aircraft is the 1st major order for the jet since it was grounded last year following 2 deadly crashes the irish budget carrier already has $135.00 of the planes on order. while the euro has hit a 2 and a half year high against a handful of rival currencies this week it's the latest high point of a months long rally for the currency and it comes as rivals have weakened the european union's common currency broke the $1.00 and the $1.20 cent mark i should say as inflation fears that the u.s. economy is up against the pounds on fears of a brags that trade deal not coming through by the end of the year and it's gained even more against the russian ruble and the brazilian reale currency now earlier i spoke to carson jesse is the chief economist at i.m.g. and i asked him what effect a new pandemic relief package in the u.s. would have on the u.s. dollar. well if this demick packets go through in the u.s. this would rather argue in favor of a strengthening of the dollar again so this would rather keep the euro dollar at it

i talked tox and michael o'leary the other day and he was painting a very positive picture for the recovery. do you agree it will be positive? what do see happening for jet fuel as it compares with other deals -- distillates for example? ed: only part of this eels with pent-upst question, the demand for travel, and obviously the travel will be there. this is the travel. restoredlikely to be by the middle of this year. this is why we are bullish diesel versus jet. jetsecond issue is the engine story. retired.ese being we do not have the jet fuel on the runway. that will be the efficiency game. thirdly we have the movement .oward sustainable fuel erodingble fuel will be with the jet fuel demand as well. we do not think it will recover compared with what happens with the efficiency gains on jet engines, we may fuel.een the week of jet we would see jet fuel peking ng longfore -- peaki before gasoline. alix: wow. that is a call. ed: i think the flattening is a function of the hedging with two rounds of upward movement. we think they are going to continue -- they are going to continue to add rate

ryanair's michael o'leary talking to guy johnson yesterday. bloomberg. ♪ annmarie: good morning. i am and hurry her darn. let's turn to banking. -- i am and her marry her darn hordern.nnmarie is looking for a replacement as ceo. the candidates being considered are all men. this begs the question, where are the women? you wrote this great note about the changing of the culture going on in the banking industry or lack there of. when it comes to the high-profile leadership levels, where are the women? >> that is a great question and thank you for having me. the changing of the guard, it is a historic reshuffling, musical chairs going on in the top leadership of the european bank. disappointingly, the new cast of characters looks very much the old cast of characters. the opportunity to really address one of the issues that is acute in the banking space has not really been addressed. question inur short, we did not see a very good pipeline of women. today for instance, ubs has announced a shakeup in its management ranks and has nominated a prominen

anna: that was ryanair's michael o'leary and boeing ceo dave speaking to guy johnson.there's no flux ability. the deal is the deal for those -- flexibility. the deal is the deal. a call to the ecb to cancel. we'll speak to the eu affairs minister. that conversation next here on bloomberg. ♪ back to thee european market open. the session looks increasingly positive for european equity markets. oil prices going higher. of theet a look at some big stories we are covering here at bloomberg this morning. here's laura wright. talks said to be on a breakthrough have hit a last-minute bump. the prime minister says the prospect of an eminent deal has receded, blaming the european union to come up with a new set of demands. been questioned whether the marks were intended to pile last-minute pressure on the talks. back onfauci has rode earlier criticism of the uk's rapid approval of a covid vaccine. he says he did not mean to imply any sloppiness after describing the u.k. process as "really rushed." biden,nt-elect joe meanwhile, says he will ask all americans to wear a mask to pr

now stands a little over and the ones factored in with expectations to those airlines there is michael o'learyon to washington, house speaker pelosi and chuck schumer urging mcconnell to use a $900 billion stimulus plan as the basis of relief talks. seems like talks are moving in the right direction. >> we are expecting to get some new details of that bipartisan framework next week, the lawmakers are preparing the text as we are seeing a growing number of members from both sides of the aisle signal that they are open for the plan saying there is room for improvement and that the need to act. with the vaccine nearing approval, they said any plan needs to include money to distribute it. they will be the ones primarily responsible forgetting the vaccine out to the public. a growing number the senators saying they are optimistic calling the bipartisan framework a move in the right direction. john cornyn calls it a major change and capto said she would support it but snapchenate majority leaders not supporting it. >> making the law will require senator's approval and signature tr of the president o