we have to wait and see what the side say. >> we will get to ryanair in the second.t is in it for them? >> the key thing is the slots at london heathrow. that is part of the political issue and the concerned the government has as to whether the conditions are going to languish under iag. the other thing is the concept is the third runway. heathrow is completely full. there is the suggestion as long as there is no new runway iag needs new ways to grow. >> why on earth would ryanair except this deal? >> the price is right. 2:55 -- 255 is just above that. you would think he would try to get his money back after having had no success. >> up next, moments away from the open of the greek equity market. we will bring you the full breakdown and market reaction. equities here in london a little bit lower. the ftse off by 33 points. stay with us. we're back in two. ♪ >> welcome back. r.i.m jonathan ferro. we are into the trading day and this is how things are shipping that shaping up. the dax is coming off of the all-time high and down. the euro drops overnight and comes back

joining us now is the coo of ryanair.sing of the ryanair message that is delivering the numbers? >> i think it is ryanair doing what they have always done best which is giving consumers low fares across europe. with the average fare at about 46 euros, customers are saying that is what they want and we have made improvements in the experience. we are delighted with the numbers. delighted to carry one million more people this december versus last december. customers have told us what they wanted us to improve. we have worked very hard and quickly to make those improvements happen. these numbers show that improvement. >> it is, in many ways, that effect. we are seeing a different message coming out of the company. is that the differentiating factor? >> absolutely. we put in place an improvement graham which is the -- program which is the "always getting better" program. we launched business plus service a much improved winter schedule. we have seen the load factor the best on u.k. domestic routes. a lot of main airports. tha

it does depend on the approval of the ryanair shareholder or the government shareholder.eresting to see that the government is seeking commitment from iag. the irish government is concerned not just about connectivity between dublin and the u.k. but also services that serve some of the smaller airports, so perhaps around shannon and cork. >> it is getting those slots at heathrow, which are really bad. what is he going to do with them? is he going to take the flop and give them to international? >> is it about getting involved in a part of the transatlantic business aer lingus has been trying to build up? you can fly from north america to ireland a little quicker. >> you spoke to michael o'leary, and he has been trying to offload his stake for the last six months. you would assume iag was included. >> he said he offered it to iag but it hasn't sold. i also asked, do you think you're going to get competition approval. they wanted to buy aer lingus. they have been told they couldn't. he predicts the regular readers -- regulators will treat them in a different way and allow t

ryanair has done a lot of marching. caroline hyde with that. is there a rights issue on the way? what will dave do? what parts of the business will he sell? lots of speculation. this is brent crude, down. what you're seeing is volume of crude traded is almost double the 100 day moving average. the volume of crude getting transacted is on the move. these five-year bubbles, they have just come back to flat. what does that tell you when the world has decided to give germany their money and be charged for the privilege of it? we have seen negative rates on five-year german government bond bubbles. that is telling you something very big about risk. dollar, the message is simple. long dollar was overrated equities. the dollar index is at its highest level since 2005. bloomberg posts the percentage of a high. lots of fed voices this weekend. alan greenspan not calling the recovery great. saying the patient and forget about the rate hike. it's all about the pace. >> what a busy first week back. some breaking data coming out of spain. spanish unemployment. jobless claims down by 67.4 thou

in terms of getting ryanair's approval.have to give some grounds to the government. assure them of roots. it seems they are running up against opposition from pilot groups. >> 10% is bigger then capital group. franklin resources, with 7%. it is a big step. >> they used to be a day where having international investors was a difficult situation. who are landing rights often relied on your nationality and your nationality rules it to have a certain amount of local ownership. things have moved around a bit. quick spirit is a great chart, iag. -- >> there is a great chart, i e.g.. the price of oil. they are literally moving in opposite directions. airport -- airlines benefit from declining oil prices. >> ryanair, 56.5%. there are in the travel and leisure area. that is over the past 12 months. >> we talked about when you start to see the benefits. >> last quarter, up 32%. they trumped everybody. >> oil is down 54% at the same time. >> because of all the airlines hedging their exposure. it will not be for a little while. they use

though they generally don't have to do it on the job flight attendants on carriers like ryanair are required in your answers separately. [dramatic music] >> hmm. ♪ ♪ >> okay, you both selected the same answer. it was swim, d. let's see if you are doubling your money right now. are you correct? yes, you are correct! >> [laughing] >> you just won $1,000 more, bringing the total to $11,000 for pajama program. >> yeah! >> that's our show for today. thank you to carla. we'll see you next time on millionaire! [cheers and applause] closed captioning sponsored by: [ narrator ] mama sherman and the legion of super fans. wow! [ narrator ] on a mission to get richard to his campbell's chunky soup. it's new chunky beer-n-cheese with beef and bacon soup. i love it. and mama loves you. ♪ ♪ introducing olive garden's new four course festa italiana starting at $13.99 enjoy an individual appetizer, salad and breadsticks, one of six entrees like new asiago tortelloni and dessert four courses start at just $13.99 at olive garden. mother is out for the evening. [ goggles whir ]s r as canceltnso tmorrow. i monda

it is a slightly friendlier looking ryanair. we talked about this strategy many times.et more business customers. they are arguably taking a leaf from easyjet. bankers were blamed for the 2008 financial crisis. now there is a board game that lets you live the experience all over again, should you wish to. bloomberg broke to the monetary game creators to find out more. >> it's kind of escapism because you can step into the shoes of somebody trying to make a fortune trying to make money while everyone is losing theirs in the financial crisis. you deposit money while everyone else is losing theirs. we thought the monopoly seems to have abated. you can gamble billions of pounds on spin the wheel, rather than having to spend a long time investing in the return. you go around the board in your private jet, and every time you have to do whatever the square asks you to do when you land on the square. every time you can invest in the stock market. the first player rolls the dice. in this case you would roll a three. the deposit her piece moves three squares as well. i can now in

their competitor, ryanair also getting a push as well. get ever closer to that deal with british airways owner iag. it looks like they've given thumbs up to the offer of 2.55 euros per share. but this time they are getting limited access to the books to see the numbers for aer lingus. valuing the irish carrier at one point three 6 billion euros. -- 1. 3.36 billion euros. we were speaking to the chief executive earlier and they are saying that we are behind our 2016 financial targets. currency impacts, we heard that from microsoft as well. it will be a big one and there will be some weakening in the market. >> caroline hyde, thank you very much. equities in russia this morning are in focus but they are actually a little higher. for more, let's get to moscow where we are joined by anna entry in over -- ana andreanova pretty neutral this morning. >> first of all, s&p postponed its decision we expected it january 16 and it was postponed so yesterday still came like a native -- negative surprise, especially where the ruble. but opening this mo

once you get there you are ryanair and ezasyjet. >> we're going to put you to the test.want to say fact. >> i think fact. yeah. >> not quite! >> you threw me off with you might have heard this. >> i think there has been a lot out there, people think, oh, tuesday afternoon i get to my computer they will be cheapest airline tickets. if that were true every office in america would slow down on tuesday afternoon. >> i've woke myself up in the middle of the night because i thought it was like tuesday at 3:00 p.m. >> what you want to do is pick the route that you travel a lot and set a fare alert. you don't have to do anything. i use a site called airfare watchdog. they send you an e-mail hey there is a sale on that flight. the next one, you can get better airfares by clearing the cookies on your computer browser. >> fact. >> fact. >> i'm trying to help you! i think again there is a myth around this. the airlines tell us categorically that they don't use the cookies but there is a lot of anecdotal information from flyers that feels like they do. >> it does! >> so what i recomm

error gyre line -- offering $1.5 billion, and deal requiring the backing of aer lingus shareholders, ryanair. two earlier officers -- two earlier offers were rejected. in the northeast, we in new york and northeast of new york, are bracing for what has been called a blizzard of historic proportions. the storm may be one of the biggest ever to hit new york city. up to three feet of snow is expected. this from northern new jersey to boston. yale university, new haven. better stock up on sally's pizza. traffic will be miserable. airlines have already canceled over 1700 flights. and olivia has an suv, a hummer h2 to get her to work tomorrow. there it is. we will have more reports through the morning as the northeast gets ready for a storm. let's get ready for a data check. equities, bonds, currencies commodities. the 10-year yield, 1.79. a little bit of euro strength. oil, as olivia mentioned, it is an ugly chart. it simply cannot find a bit under $45 a barrel. remarkable resiliency. brent crude, 48 .10. the greek yield is 8.92 percent, which is not all that bad. let's go to the mac monitor. nir