"First item comes from seeking Alpha. This is China starts attack on Boeing and Airbus. Wow sounds pretty dramatic well last week. We were talking about a Chinese aircraft Raffin. We went off on the C. Nine one nine but I think what we should have said was the regional a Rj twenty-one jet because that's the one that just I received an order from both China Eastern Airlines and China Western Airlines for the A R J twenty one dash seven hundred regional jets. Let's these courses come from Kodak the Commercial Aircraft Corporation of China. Here's Komax nutshell they we started with the A. R. J. Twenty one regional jet which is kind of like McDonald Douglas. MD Eighty or ninety and this is kind of the first step step in the Chinese airframe industry trying to build itself so it starts with the A. R. J. Twenty One and then of course we've we've talked a lot about over the years about the c nine one nine and that's the narrow body which is in the Boeing seven three seven slash slash a three twenty class of aircraft and then as I mentioned last week there's also the C nine to nine which is a long long range wide body two hundred and fifty to three hundred twenty roughly passengers but actually what we've been calling the Z ninety nine is now called the creek CR nine to nine. I guess that's Craig C. R. AIC because that's a a fifty fifty joint venture between Komax and the Russian United Aircraft Corporation and that that venture was launched in twenty seventeen so comeback is is kind of struggled a bit to establish itself not only with the with the c nine one nine but going going back to the A. R. J. twenty-one I guess they've had some certification issues as the Chinese aviation industry has begun to learn how to do that on the global scale. I guess deliveries for this A. R. J. twenty-one original jet are scheduled to begin next year in twenty twenty at some point and then run through twenty twenty four that those are the deliveries to China Eastern in China Western. The Chinese are I think they have a lot of patients and it's been a great many years. Since the you see nine one nine efforts started not to mention the Air Jay twenty one but like I say they're they're patient and they're moving ahead slowly these orders for the regional jet from the Chinese airlines sort of breathe a little bit of life into that program so that's good something it's not so good this comes from ABC Web one hundred and fifty thousand stranded by Thomas Cook Collapse Thomas Thomas Cook Airlines and the parent Thomas Cook Group filed for bankruptcy and reportedly there are one hundred fifty thousand the customers stranded throughout the world who suddenly have no tickets back home. not a not a great situation relation. If you're out there with your family vacation you know I didn't know that much about Thomas Cook but I I always thought Gr a travel agency but no they are an airline not a huge airline looks like their fleet size was about thirty four pretty hard to believe that with you know that mini airplanes you try that many people but yeah it's you certainly incredibly inconvenient for for all those folks Tom. Tom What you know about the Thomas Cook. Oh we did a ton of coverage on this today like like I said I'm risking in business analytics. relics is our parent company. They're based in London. They did a ton of coverage on this and one thing I thought was really hilarious. Is that this the British British government is going to be playing a lot of their government staff to help people who are already traveling to work with employees of the company who you need to get paid. They're calling it operation matterhorn. This is the codename or helping clean up the mess of Thomas Cook You you know that and they're they're really trying to figure out what happened here. There's a lot of you know there are people who haven't left yet are not affected. Just don't get on on the plane but if you're already travelling they don't want you to cut your travel short. They want you to leave as quickly as close to departure date that you originally had as possible so there's a lot out of logistics going on here and you know talk about the data we've got we found out that a lot of the planes they had all Airbus Fleet they had forty gate Airbus planes and almost all almost all of them were run by lessors so air cargo Germany and or Lease Corporation are the most affected by this so yeah there's going to be you know that to find homes for these jets has right. It's not just the problem of well. The company going bankrupt or the customers are inconvenienced but yeah then you've got these leased aircraft and like you say have to find a home for the Mau I know that bankruptcy has a different meaning in different countries of the world for those are the United States were kind of familiar with chapter eleven. We call chapter eleven bankruptcy laws which is something. That's really different than what's available in other countries Greece under our chapter eleven accompany can declare bankruptcy but the company can be reorganized restructured debt can get cancelled if it's a generally in the in the public good that the company survive and a court overseas that process but a lot of other countries don't have that and when a company declares bankruptcy. That's it it's gone. It's done and I don't know what the U U. K. Bankruptcy laws are like if that means that Thomas Cook is gone for good or if there's any possibility of a revival somehow how but someone is more attuned to European bankruptcy law maybe could help out well. They are declared officially declaring insolvency and our resident historian here the government is comparing it to the successful repatriation of passengers after the collapse of Monarch Airways and they said the final cost is going to be about twice as expensive which could be one hundred billion one hundred million pounds you that doesn't but that that's British nationals there other other nationals like people from the United States and France who they're on their roane. Britain is repatriating anybody that is a British national but it's my understanding that anybody who who was flying Thomas Cook that was not a British national is out in the cold on their own even though they might be on a tropical island in the Caribbean and that in itself I think is fascinating if you think about an airline going bankrupt in the US I highly doubt that the US government is going to go try to fix that. I I think other airlines would probably offer discount tickets and things like that but I mean that's really kind of remarkable that the government steps in to kind of rescue people from around the world."