scott kirby about the industry's recovery. then, after two decades, the u.s. military presence in afghanistan is nearing its end. we'll have a report from kabul. and finally, a look to the heavens, where billionaires are engaged in a space race. it is all just ahead on "face the nation." ♪ ♪ >> dickerson: good morning. and welcome to "face the nation." more than 151 million american adults are fully vaccinated. but just under a third american adults have not had even a single shot, which is worrisome to health officials. the delta variant makes up more than half of all of the new cases. and there is now confusion over the role of the booster shot. we begin with dr. anthony fauci. >> doctor: good morning, john. >> dickerson: let's talk abut the delta variant. it seems to make the case for vaccination more affective, with those that are unvaccinated the most getting infected. is it people delivering the message to those who are unvaccinated that that it is almost inexplicable why people, when they see the data in front of them, that they don't get vaccinated. we

don't forget, tomorrow morning on "squawk box," an exclusive with scott kirby most importantly, what variant spreading around the country we heard from delta last week. it said it's not seeing any impact let's see what scott kirby has to say about that, as well as a number of other topics in terms of the outlook >> united's q3 casm ex-fuel is sizeable do we know what that is mostly is it labor, what is it? >> you have the 777 which they pulled out of service while they were doing work on the pranton-whitney engines, following the incident ove denver in q1 and q2. you also have an emphasis on the domestics schedule you don't have as much long haul international as a result. that is going to drive up your cost a little bit. those are some of the factors that are there >> phil lebeau, thank you. tim seymour, where do you go with this trade? >> i think airlines look real interesting here i think this third quarter outlook also has to be conservative look at the trends we're seeing, and julia talked about what we're going to see what happens after everyone goes back post labor day and eve

ceo of united airlines says he does not expect travel to fully recover until 2023, according to scott kirbyre demand is up, business. demand is still off by about 60% as some borders around the world remain closed. this as united airlines announces plans to add almost 150 new daily flights to warm-weather locations in the u.s. in mexico and the caribbean. this winter. now for 4 zone forecast as we give you a live look outside. speaking of flying at to san francisco international airport. you can even see bruno the control tower. that's right. lauren says the fog everywhere. yeah. really spreading onshore right now and thickening up outside surprise. no delays there right now. but that may just change that fog. >> is going to make its way. well inland overnight tonight probably through the delta, maybe even the central valley as you can that strong onshore push. we see those clouds make their way through the golden gate bridge right now. that's all pointing a good sign to cool us off because it was blazing hot in parts of bay area. in much of the state over the weekend numerous thunderstorms

above 31,000 still to come, our exclusive interview with united airline ceo scott kirby.ter and a reminder you can watch or listen to us live any time on the cnbc app specializing in projects like this. and this and this. everything was business as usual, until... urgent. need new contractor for town arts center development project asap. is lefranco construction in? if he was gonna pull this off, he needed to rent another crane. like, yesterday. so he turned to his american express business card, which allows him to pay off his balance over time. and boom. crane time. contract signed. art for all. get the card built for business. by american express. >>> welcome back to "squawk box. u.s. equities in the green the dow 179 points the s&p opening 17 points higher the nasdaq is opening 10 points higher we have news for you about colony capital tom barrack he was arrested yesterday in los angeles on charges that he acted as a foreign agent of the united arab emirates and lied to federal investigators. indictment alleging that he acted at the direction of senior uae officials a

scott kirby says today's travel will also be a record breaker. >> we've seen a really rapid ramp-up in demand and load factors in the number of people flying. >> reporter: staffing shortages, southwest airlines offered employees double pay over the hole bay and american airlines canceled 80 flights a day due to pilot shortage. >> going to have a lot of company on the road, airports and terminals so bear in mind you may be running into the old- fashioned traffic jam. >> reporter: experts say about 90% of travelers took a car this weekend to avoid clouded planes or trains and mask mandates. and those gas prices, expect them to keep going up in july. major. >> garrett: nikki battiste, thank you. a notorious group of cyber crooks linked to russia are demanding $70 billion in bit coins to unfreeze hundreds of computers around the world. more from catherine herridge. >> reporter: the software company kaseya is scrambling ransomware attacks in history. cyber criminals with the russian linked group r-evil burrowed into the systems friday and affected hundreds of clients over twelve countries,

united airlines ceo scott kirby now expects a surge of returning business travelers in the fall. >> i think zoom is going to be a great replacement for phone calls, but it's not going to be a great replacement for interperson interaction. >> reporter: meanwhile, amid a staggering 3200 reports of bad passenger behavior this year, including onboard fights. the faa is now using children to appeal to adults to behave. >> fighting is not good when you're on a plane. >> they'll go to jail if they keep doing that stuff. >> i would be really scared. >> you can distract the pilot if it gets that bad. >> boy, out of the mouths of babes. and tom, let's face it. a lot of people haven't travelled in 18 months or more. i understand that's contributing to some of the long lines at airports. >> yeah, people are not familiar with new tsa procedures for checking ids. the mask requirement slowing lines down a little bit. so get to the airport early with you and your family to make sure you make your flights. lester? >> tom, thank you. as i mentioned at the top, this travel surge comes as the delta varia

of united airlines, scott kirby.so you can watch us later, that's tonight's "cbs evening news." norah will be back on monday. i'm major garrett. have a great weekend, and good nigh >>> right now at 7:00 -- >> breaking news in the south bay. a child hit by a car, critically hurt, between two schools. what a witness told us minutes ago. >> it seems like consistently there's more higher temperatures going on. >>> a brutal heat wave baking much of the bay area and state, and if you thought it was bad today, just wait. >> heat wave is going to intensify for inland portions of the bay area tomorrow. i'm tracking the advisories and warnings in effect through the weekend. >>> a stage one power grid emergency has been called. we break down what it means and when we could potentially see rolling blackouts, coming. >>> after more than 100 aftershocks in the sierra, quake experts are telling us our focus should actually be closer to the bay area. >>> but first, breaking news in san jose. a child is in the hospital with life-thre

likely will not fully recover from the pandemic until 2023 speaking in the interview yesterday, scott kirbypent-up leisure demand exceeded 100% business demand is off 60% all around, continued travel restrictions globally when you have to fly and land in a country and quarantine for a couple of weeks. kirby said the mask mandate for passengers will be allowed to expire in september. good news there. >>> tesla ceo elon musk said to appear in court today as the first witness over the $2.5 billion buyout of solar city the shareholders sued tesla claim ing the deal amounted to a bailout of the company the deal unfairly enriched elon musk's family.fully recused from the negotiations of the deal. >>> and "black widow" proving to be a hit at theaters and home. $80 million in the box office in the debut weekend. disney said it made $60 million globally from streaming. the first time they shared numbers streaming. >>> now to washington. how is that for a transition web of intrigue. senate is back in town democrats racing against the clock trying to get the biden administration infrastructure plan ap

when i saw scott kirby the ceo of united airlines talk positive on the cnbc, i had to pick up the phonewas heavily criticized. you had to understand there was no way the airlines could bridge the gap until we got a vaccine last spring people thought that would be years away. without the first gigantic stimulus package we would have had what he described a global depression not to mention it would have been a national security risk. more importantly, the resurgence of the airlines is a quaint reminder that mnuchin helped cobble together multiple trillion dollar relief packages. imagine how great it would be if both parties could find a way to work together as they did last spring i don't think that's likely. oursystem punishes politicians for working together we have to remember how much the government did right during the crisis i read that jay powell, wall street journal says he's not a lock how the heck is that possible? powell did more than anyone to save us from a depression. the federal reserve didn't have to put up any money at all powell made that statement when carnival was abou

that has everything to do with ceo scott kirby saying they expect the company to be profitable by thend of the year, even with the fears around the virus researching -- virus resurgence. a big gain for airlines and cruise operators. alix: abigail, things a lot. appreciate it. lots more on earnings coming up. there are high hopes. can we continue to see some beats and raises? we will break it down with gargi chaudari of blackrock, coming up next. this is bloomberg. ♪ alix: more u.s. companies are now topping earnings estimates reporting this season. we have a great chart here that shows the forward earning estimates on a year-over-year change. you can see it peeking out and rolling over just a little bit. are we at the top of this expansion cycle? traders are going to report companies with better-than-expected results. the beats come in about 0.4% for the individual names. doesn't last? where do you go -- does it last? where do you go? how do you play it? joining me now is gargi chaudari blackrock. are we at peak growth -- chaudari of blackrock. are yet growth? -- are we at peak growth

. >> yes >> you said we're going to talk to gary kelly, scott kirby of united was on yesterday. he's fairly optimistic about where travel is. here's doug parker mesh airlines from "squawk box." let's listen to that we can talk on the other side. >> we intend to keep growing into the fourth quarter. the fourth quarter we'll be 90% of 2019 levels we're going to keep growing as demand grows we've been more aggressive than others and we're happy about that, and you know, we're now flying a lot more customers than anyone else meeting the demand that's out there and as the demand continues to grow, which we expect, we'll continue to add back capacity. >> that's doug parker, american. i suppose you're as optimistic as you can possibly be given where we've come from. >> who wants to come on and say, hey, look, this thing could be ending because a lot of the non-vaccinated people are going to get it. some will die, and -- but none of them feel like they shouldn't do everything they want, same as the uk the number -- i mean, i think these airline stocks are down today, it's probably a mis

scott kirby will be on "squawk box" in an exclusive interview at 8:15 a.m. eastern time. >>> back to chipotle second quarter earnings and same-store sales beating estimates and people are trickling back to offices and ordering more lunch. the company says there's higher beef and meat costs. stock 3. knov novartis, they drove growth. the swiss company is backing guidance finally asml, the ship maker said sales soared amid the global semiconductor shortage. they announced a $10.5 billion share buy back asml services all the world's chip makers says demand is strong. >>> elon musk's plan for super charger stations why non-tesla drivers are cheering that news you're watching "worldwide exchange" right here on cnbc ♪ ♪ ♪ cisco. the bridge to possible. no one likes to choose between safe or sporty. modern or reliable. we want both - we want a hybrid. so do banks. that's why they're going hybrid with ibm. a hybrid cloud approach helps them personalize experiences with watson ai while helping keep data secure. ♪ ♪ ♪ from banking to manufacturing, businesses are goin

call and our interview coming up tomorrow morning on "squawk box" with the ceo of united airlines, scott kirbyt q2 but what they're seeing in bookings for q3 and rest of this year. >> phil, debt levels, what do you think we're down from the peaks and roughly speaking percentagewise >> you mean how much more debt have they taken on or how much have they paid off >> how much have they paid off you have about three seconds to respond. >> a small percentage but frankly right now the debt levels are not a huge driver of momentum on the stocks. >> no, it's true, it's true. investors are trying to look past that. phil, we look forward to the results later. thank you so much. that does it for "the exchange." coming up on "power lunch" the ceo of ftx we're going talk to him about the bitcoin collapseig aer isreak rhtft that building you're trying to sell, - you should ten-x it. - ten-x it? ten-x is the world's largest online commercial real estate exchange. you can close with more certainty. and twice as fast. if i could, i'd ten-x everything. like a coffee run... or fedora shopping. talk to your broke

scott kirby says the industry has some time before it is fully recovered. >> we canexpect that business is going to pick up in september as mostly schools are back in, a lot of people are back in offices. we don't think it recovers in full in 2023. >> 2023, especially european travel, maybe next summer is the year for that. kirby added while leisure travel has returned to pre-pandemic levels, other parts of the industry like business and international travel are still lagging. kirby also said he has his fingers crossed that the federal mask mandate for air travel is not renewed after it expires september 13th. i took a flight this weekend for the first time since february 2020, packed flight, packed airport, everyone masked and it was really kind of weird to be back out in it. but for the most part, people were very well behaved, very patient. >> good. >> yeah, you haven't been on a plane yet, have you? >> i haven't been on a plane since 2019. >> you can see why it's going to take a while to be back it no, ma'am -- normal, next year perhaps. ome can be rebuilt, regardless of your limits

united airlines scott kirby says they need to get better.oid delays. pete muntean, cnn, silver spring, maryland. >>> still to come. cnn goes one on one with the new u.s. capitol police chief. find out what he had to say about the insurrection and those down playing the attack. new, it didn't fit into their last ad. so we gonna have to speed it up to tell you about their new belgioioso® fresh mozzarella, mamade by artisan cheesemaker. hold up! let's go faster. -with fresh milklk from america's dairyland, wisconsin. man, wisconsin p people love cheese. it's great o on the new turkey cali fresh. let's go faster. the eat fresh refresh atat subway®... it's too much new to fit in one commerc- psoriatic arthritis, made my joints stiff, swollen, painful. tremfya® is approved to help reduce joint symptoms in adults with active psoriatic arthritis. some patients even felt less fatigued. serious allergic reactions may occur. tremfya® may increase your risk of infections and lower your ability to fight them. tell your doctor if you have an infection or

scott kirby said he expected that monday would be the busiest day for the airline in the last 16 monthsre for people to get back to living life. >> reporter: remember, this whole experience of coming back to travel has not been without its problems. flight aware says airlines canceled or delayed in the u.s. about 2,000 flights just yesterday comparatively small number to what it was, but remember airlines got a lot smaller during the pandemic. that means fewer people staffing fewer airplanes makes it harder for airlines to bounce back from things like maintenance and weather issues. brianna. >> really tough for flyers to get rescheduled. and certainly puts a crimp in their travel plans. pete live at national airport. thank you. >>> helping to make important decisions for the nation and legacy, a new book explores the untold stories of unofficial presidential advisers and how these friendships influence history and the world. it's called "first friends: the powerful unsung and unelected people who shape our presidents." the author, gary ginsburg joins me. gary, great to see you. i have t

. >> that's the ceo of united airlines, scott kirby.s the country has hit a major milestone. the holiday flying the fourth of july weekend, as i bring in my friend sara nelson, president of the association of flight attendants. it was bonkers. crazy lines. i couldn't even believe it. when at the talk about a timeline looking ahead to next summer as the apex of getting back to normal, what do you think about that? is it realistic? >> i think so, alex. first of all, i'm so glad to have you back in the air with us. thank you for joining us. >> what we have right now is almost every single person coming to the airplane doors as a first-time flyer. trying to understand how this is working today. what we're seeing now is people wanting to get rue united, wanting to travel, get owl, but we need that business travel back. we don't have it back in parse, and this pandemic is not over. that's why you still have the mask policies in place we have also have the unruly guesting going on, we need to get that tamped down. his assessment is probably co

what you're going to get is you're going to get international back so i'm going to say believe in scott kirby. don't sell the stock i think stocks are falling because there isn't enough money to buy all the new supply coming online which, by the way, is mostly second rate. if it stops, being a bull should be a good thing. i'm not turning against the market, but please stop printing more stuff on "mad money" tonight, the labor shortage opposed to the stock longage and the care economy are front and center and with federal unemployment benefits expiring in september, why don't we go to the source, gina ray mundo, and the stock market has never looked so artistic i'm docking into which second-hand names could be the crafting king, and of course, gaming got caught up in the meme media, and after -- mania, and after some insider selling and a fall from its highs, could it be game over for corsair? i'm going to have the ceo. so stay with a still bullish but sick of new merchandise cramer >> don't miss a second of "mad money. follow @jimcramer on twitter have a question, tweet cramer, #madtweets sen

united airlines scott kirby says the entire industry needs to get better at reacting to extreme weather. the airlines will be at new ways to detect lightning. the goal is to avoid stopping operations on the ground and avoid delays. pete muntean, cnn, silver spring, maryland. ♪ >>> hello i'm brianna keilar alongside john avlon on this new day. >> good morning. >> good morning. the pandemic of the unvaccinated. an urgent call from one republican governor in the face of rising cases and low vaccination rates. >>> and the nfl threatening big punishments for teams with unvaccinated players as they head into the new season. >>> president biden says eliminating the filibuster would throw the senate into chaos. >>> and hunter biden meeting with potential buyers at his upcoming art shows, raising ethics concerns for the white house. ♪ >>> welcome to our viewers in the united states and around the world. it is friday, here we are, at the end of the week. >> here we are. >> finally. >> it is july 23rd. and we are 18 months now into the pandemic. more than 600,000 americans have died so far, even w

united airlines scott kirby says the entire industry needs to get better at reacting to extreme weather

we will talk with ceo scott kirby exclusively tomorrow morning.to pop up are they noticing any impact lots of questions. we'll be talking with him on "squawk box" tomorrow morning. mike san totali is taking a closer look at netflix. >> you mentioned earlier the stock his sideways take a look at this going back to the end of 2012, the highlight that there have been multiple periods where the stock essentially did nothing for up to two years so you've seen this a few times, before it goes up to the next threshold. it has often just gone sideways. really unusual, "house of cards" debuted in 2013. relative to any any, the valuation mass mott moderated from towering levels both because the market was giving it credit for becoming a streaming company, but also because cash flow collapsed with the pandemic and obviously the effect on its parts. now, you see it came almost to basically converge they both kind of receded from there, you see here, ned flicks has had its premium compressed netflix is still talking about breaking even on a free cash flow basi

big earnings mover to watch, up more than 4% this morning pretty optimistic outlook though from scott kirbythink he thinks from here on forward they expect leasher to stay strong, optimistic about corporate travel and that's why their outlook for the third and fourth quarter, first of all, they expect sustained profitable corporate bookings are improving. they haven't given us an exact percentage so far they're not seeing the delta variant hurt bookings. one thing they'd like to see is a change instance from the united states of allowing brits to come over here. >> right it does seem the data and science are pretty clear that we have similar vaccination rates, similar case rates, similar variants we're not going to prevent the delta variant from coming here because it's already here. >> they've said time and again it needs to open, whether or not that changes i'm not real optimistic based on what we see and hear in terms of the covid variants spreading across the country and it's going to be down 26% compared to the q3 of 2019 levels but this is a big improvement from the second quarter whe

hear from united airlines after the bell we will get the q2 results and we will be talking about scott kirbyther or not things change with their expectations as we see more of the delta variant popping up around the country. leslie, back to you. >> yeah, certainly well timed earnings reports this quarter. thank you. >>> as we head to break, amc under pressure, down more than 7% this meme stock down more than 40% since the start of the month but still well off its lows from a little over a year ago now we are back in two minutes >>> welcome back i'm rahel solomon. here is your cnbc news update. a group representing pediatricians in the u.s. is recommending that everyone in the nation's schools wear a mask even if they are vaccinated. that advice from the american academy of pediatrics is stricter than the cdc's guidance that only unvaccinated students and teachers wear face coverings. >>> just three days after leaving san francisco for the olympics, an alternate member of the u.s. women's gymnastics team has tested positive for covid in tokyo. the rest of the team moved to a different locatio

the delta variant, according to scott kirby, it's not hurting their bookings here he is this morninget stronger and stronger all of our conversations with corporate accounts say that everything is continuing unabated they expect to open offices in september mostly and come back and i think the most likely and logical outcome is that we continue largely unabated. >> take a look at shares of united today with southwest, alaska and american airlines where we're showing you america, alaska and southwest because they report their quarterly results tomorrow after the numbercomes out from american, tomorrow morning on "squawk box" we'll be talking exclusively with doug parker you do not want to miss what he has to say and later on in the day during "the exchange," we'll talk with the ceo of alaska airlines and, like many of the carriers, as they report these results, guys, it's not about the second quarter. it's about the outlook and what impact they are seeing in terms of the delta variant for bookings in the third and fourth quarter. >> phil lebeau, thanks for that. josh brown, we talked

united's ceo scott kirby telling us the busiest day could be today. >> july 1st is going to be the busiest since covid started. only have that record for four days, because july 5th is going to break it. >> reporter: but not without frustration at airports and on the roads. american and southwest are still canceling dozens of flights per day. american with the pilot shortage, southwest blames the weather, and while tsa insists it's ready a warning from the tsa union head. >> because of the fact that, you know, there are shortage in staffing, there are going to be long lines. just be patient. >> reporter: even airport parking is running low. new york area airports now asking travelers to reserve a spot online and across the country reports of people looking for parking for hours and missing their flights. >> we're expecting chicago o'hare to be the busiest airport this weekend. it'll have about 403,000 departing seats which is nearly 100,000 more departing seats than the next two busiest airports, which are l.a.x. in los angeles and dallas-ft. worth. >> reporter: the busiest time for airpor

. >> it ceo does not expect travel to return until 2023, scott kirby says business demand off 60% some novak djokovic making history at wimbledon, watch. >> oh. >> -- [cheering]. cheryl: djokovic beating italian matteo berrettini, yesterday to win 20th grand slam title he is tied for the record, roger federer and raphael nadal. i am italian -- >> congratulations to novak amazing, the results are in, president trump taking top spot in the 2024 cpac straw poll a landslide 70% support, maria asking former president about a future run on "sunday morning futures," listen. >> you ready to get back in that ring and run for president again sir? >> o well, do i know my answer but i can't reveal it yet, and because that has o to do with campaign financing, everything else, you know that i can't reveal it yet but i absolutely know my answer we are going to do very well -- people are going to be very happy. cheryl: we're going to do well joining me 1600 group, professor public policy international affairs brad blakeman do you think he said yes, in that answer. >> you never know, but one thing you

the ceo, scott kirby, says the company reached a turning point and expects to earn a pretax profit inng where is the beef. the chain is the latest to be hit with a massive ingredients shortage. taco bell says on the website it may be out of some items. they they didn't exactly say which ones. social media complaints are pointing to a lack of beef, chicken, hot sauce and tortilla as well as lettuce and tomatoes. can't really have a taco without that. we're getting reports of gunfire in downtown milwaukee. fans were out to celebrate the championship, the bucs defeating the phoenix suns in game six last night. giannis antetokounmpo led the bucs with a playoff career high of 50 points. he walked away at the nba finals mvp. they're celebrating. a little bit of violence. we'll keep you posted if we get reports out of milwaukee. back to you. maria: thank you so much. there's a showdown over infrastructure on the way if washington, senate democrats moving forward today with a key procedural vote on the $1 trillion bipartisan infrastructure bill, despite not finishing writing it. republican le

tomorrow morning we'll be talking with united ceo scott kirby exclusively here on "squawk box.hen you look at maybe the third quarter and leisure travel that's safe again, guys. it's the longer-term impact in terms of corporate travel and international, that's the concern when it comes to the delta variant. >> and that's where the money is, too, where the profit is, too. >> yeah. >> we'll hear a lot more about that and looking forward to that tomorrow thank you, phil. >> a quick earnings alert for you this morning del component travelers, big beat in its latest quarterly earnings in the top and bottom lines. the results were helped by improved investment results, higher premiums and lower ka tas troef y losses that stock right now down by about 37 cents we'll see where things go as we get closer to the opening. >>> when we come back, new jersey governor phil murphy will join us for the latest statistics on the spike in covid cases in his state stay tuned you're watching "squawk box" and this is cnbc i think you're going to like it here. umm, why is everyone... throwing things a

general scott miller the top general in afghanistan will transition out of the job by the end of the month and key leadership will shift roles to make up up a smaller presence in that country. john kirby also saying the department of defense believes it will complete a full u.s. troop withdrawal from afghanistan by the end of august. that is earlier than the september 11th deadline that was set by the white house. last night u.s. troops officially pulled out of america's largest space in afghanistan. bagram air base was the central post for nearly 20 years of war waged by the united states in that country. america's handover of bagram comes weeks before president biden's september withdrawal deadline as we mentioned. while military leaders warn that civil war should be a concern as the taliban gains ground, there is growing concern about what it will also mean for the region. joining me now is courtney, good to have you with us. break down these developments for us. what do we know about the timeline that it has been accelerated or are things moving so well for the united states in terms of exiting the country that they're trying to do so ahead of the september deadline? >> the timeli