35 Burst results for "International Air Transport Association"
"international air transport association" Discussed on KCBS All News
"Sky. At nightfall, the planet looks like a bright orange star way have more sky watching tips and much more about the universe and started magazine. Details at started dot org's For the McDonald Observatory. I'm Billy Henry. It's a 24 case to be asked. Here is the money watch reports. The pandemic battered airline industry has been conservative with its forecasts for recovery, with some carriers suggesting more job cuts could be coming and with the International Air Transport Association looking to 2024 before getting back to pre covert 19 levels, we felt comfortable with that as a forecast up to a couple of months ago, But with the advent of the vaccine, even given the current lockdown scenarios, we think that recovery could accelerate. Don't House lottery chief executive officer and aircraft Leasing giant Avalon Holdings were thinking no 2021 as 2020 in reverse, meaning that it starts out week but improves by the end of the year. Why is he so confident the pent up demand globally for people who want to get on aircraft to see friends and family to take a break just to get away from the humdrum of zoom calls is enormous. And he says, people have been saving a lot of money. So there's plenty of disposable income to buy airline tickets and head to where we want to go when the all clear is sounded. Steve POTUS Bloomberg Business for KCBS. Listen to expert analysis. You've just gotten a good lesson over the last 10 days. Just how.
"international air transport association" Discussed on Newsradio 700 WLW
"The Bloomberg Market Minute on 700 w L. Geology. Well, that would be minor and wouldn't it 8 37 and 700 wlw? I'm like paying attention to the wrong our there, Jeff Bellenger. It's all your own now. So I was I was getting nervous. I was afraid I was supposed to be saying something. You had news earlier of a big Wall Street murderer that names were unfamiliar with, but we're talking about big companies. Yeah, we are S and P global that is a famous name in the financial markets. It's acquiring ih s market of $44 Billion deal the joints s and P with the eye. HS Yhs is a research firm that supplies forecast to most of the world's biggest corporations. And this is going to be the second biggest deal so far this year worldwide. The biggest was an oil and gas pipeline network sale in China, then that's big. All right. Modern is trying to get their product to market. Yup. And they're going to the Food and Drug administration today requesting an emergency use authorization for the company's covert 19 vaccine. The biotechnology company says an analysis found shot to be more than 94% effective. Moderna will also seek an emergency authorization in Europe. Airlines, of course, part of this and they're gearing up for distribution. Yeah, the International Air Transport Association out with a report today that says Vaccine distribution is going to be the biggest and most complex logistical exercise ever for the airline industry. The organization estimates the equivalent of 8000 loads and a Boeing 7 47 freighter will be needed for an airlift. It says it could take two years to get inoculations to every person on the planet. Well on lastly theaters over the weekend, only one new film debuted. Yeah, Slow Thanksgiving Weekend. The only new film released to theaters was the crude's A new age from Universal and DreamWorks took in nearly 14 and a quarter million dollars since it opened on Wednesday, and that's considered a success in this age of the pandemic about that. Bright Futures, please. They are mixed S and P futures down. 11. NASDAQ Futures are up 10 points and the Dow Futures are down 163 from Bloomberg. I'm Jeff Bollinger. Unused radio 700 wlw.
Delta pilots approve cost-cutting measures to avoid furloughs until 2022
"That would avoid furloughs until 2022 is the industry struggles with grown a virus shutdowns. The cost cutting deal would avoid more than 1700 furloughs and allow the company to lower pilots guaranteed hours by as much as 5%. This is the International Air Transport Association says around the World Airlines will lose more than $157 billion this year and next worse than the group of predicting back in June as you were people applied used To travel restrictions like quarantine requirements. That's your Fox business report. I'm million Woo
"international air transport association" Discussed on Newsradio 700 WLW
"700 wlw and more tonight on the Bangles in New York Giants. Furniture. Fair round table shows 705 with Lance 700 wlw. All right, let's check him out. The friendliest guy and the friendliest guy. Yeah, the greater Cincinnati Northern Kentucky International Airport. That's what I'm spring. Great sponsors of the aviation report J. How are you on this glorious day? Could not be better, My friend. All right, Delta Delta Delta They're doing their employees right handed out these two free airline tickets anywhere that they go as a bonus. For a tough year. I like that. I like a company that takes care of its employees can if you understood how airlines air so reluctant to give away free tickets. It makes this even more thoughtful on the part of Delta and the employees know And of course, this is the same airline. It provided a very generous profit sharing for their employees in February. Talk about timing $1.6 billion given back to their employees of Delta that was equivalent to 20% of their annual pay. Wow. That's fantastic, and I I wish more companies like that. But it's going to be a rough year for the airlines rough your next year for the airline, so I'm not sure that that will be the norm. But certainly right now it zvehr e very good. It's going to be a rough year next year as well if it isn't to speak to that point, the International Air Transport Association said yesterday. The airline industry collectively around the world will lose $157 billion this year and next due to the pandemic. It's much worse than some of their previous estimates. Of course, we've seen airlines lose $510 billion in lost sales. Tens of thousands of jobs have been cut and a lot more positions that are on the customer right now. Even Southwest Airlines talking about Hundreds of possible layoffs in the coming month. If needed. A zoo, The demand for travel simply is not returning as quickly as airlines need and I'll have more of this on my aviation blog's sponsored is always by the Greater Cincinnati Northern Kentucky International.
"international air transport association" Discussed on Newsradio 700 WLW
"Here's the money news. You need each time for the Bloomberg market minute on 700 wlw. Joan Doniger from Bloomberg is with us right now. So airline losses of piling up well, they're not getting any relief from from the government. All those checks ran out having at new checks. That's right Now we talked earlier this morning about an aviation trade group looking to start a cove ID passport to try to bring back international air travel. Here's why the International Air Transport Association Sees airlines losing 157 billion with a B dollars before we can wrestle the virus to the ground, the group says. Next year's losses, they're gonna be double the amount it predicted back in June because it's going to take vaccination programs. Some time to get under way. A lot of these stores are suffering. I mean bricks or clicks. I mean the clicks of winning, but you know the hardware stores like best buy and lows. They're always crowded. When I go in there, they must be doing Well over the past few years. Best by, of course, has seen very happy holidays This year. It says it is anyway isn't even going to guess how things will go. But, yeah, it was crowded. Ah, boom and back to school shopping last quarter for in home learning. Helped boost same store sales by almost a quarter and online sales went up. Get this Ah 173%, But there are two sides to that coin. All that e commerce dings profits because of all the shipping and return costs, But Best buy is doing just fine. I hate two sides. Every story. Just give me the good son. Oh Cyber Cyber Cyber. It's gonna be big guy. Guess what is it Cyber Monday this coming Monday, but I mean even online all through the holiday season. I think that's going to trump in person shopping, but You gotta be concerned, though, a little bit because you know they're hackers out there and you know you could be exposed? Yes, especially where your money's concerned. There's a big cyber cost for banks, not the banking online thing. But the cost of fighting cyber criminals. A survey from Deloitte and Touche find cyber security is at the top. Off the list of financial firms and insurers. Budget increases the just that part of the budget last year jumped 15%. This year. It's expected to jump even higher. All right, and the bell rings in less than an hour. It was looking good all morning. Is it still looking good? Still is. It's kind of a relief rally, according to money managers since the election is over in the Biden transitions Begun S and P futures up. 29. NASDAQ Futures 46 Dow futures up 323 points from the Bloomberg News Room on Joan Doniger on NewsRadio 700 wlw 770. Well, w Welcome back 8 41..
"international air transport association" Discussed on Newsradio 700 WLW
"Might as well go to the middle of nowhere. Why not? One? Alright, that same thing anyway, Right? You got it said Thank you, sir. Standbys Jay Ratliff and Jay is seeing a lot of people getting hit with Kobe 19 fact 2493 agents that Tested positive Mike and its surging at this point in the confusing part is it's surging with all the precautions that are taking place at airports as faras, the distancing the barriers and the different things that they have to protect those frontline individuals. When you see headlines such as this, it kind of flies in the face of the airline's trying to remind everybody just think it is the flying true True. Looking for, you know some glimmers of hope here on passenger loads, but September didn't look so hot now. I mean, September was better than August. Which would be the good news is for us The demand for travel, but In August. Travel was down 75% in September was down 73%. At this rate, it's gonna take forever forced to get back to some sense of normal Mike. But passengers continue to say absent of testing or some sort of a vaccine, many or simply reluctant to return to the skies, and the latest numbers from the International Air Transport Association certainly support that and I'll have this more. My aviation logged in that sponsored by the Greater Cincinnati those Kentucky International Airport. How affairs to Denver around her for $86. You confined that greater and more CVG airport that count? I bet that's frontier when the bay It would be front here and I believe the united matching that as well on some flights about that. Alright, Slowdowns are aware today Seattle and Portland going to give us a day of delays with some rain, but Like it's been a great week to fly. And we're going to end it on a very good week. Today, with very few delays across the country Fantastic. Alright, J we thank you and the coach is up. Next fixes.
Could Subscription Models Save Hotels?
"There's nothing quite like staying in a Nice Hotel and Ashiq, location to make you feel like a VIP. Maybe you prefer staying near the warm sandy beaches of Kabo, San Lucas were being nestled in a bustling Paris Rondi small. If. You're ready to board an airplane takeoff to somewhere far away travel subscription might be just the ticket. Subscription based models have taken over everything from entertainment to clothing purchases. Now, the tourism industry is following suit vacation club Inspir- Otto has reduced the price of it subscription model for twenty five, hundred dollars a month you get your pick of luxury vacation homes, hotels, and resorts all over the world with no other fees. Taxes were nightly rate charges a new six, hundred dollars. A month option gives you access to the company's lodging options, but you also have to pay for the room. Bookings through your inspiration subscription can last up to sixty days but a minimum of seven days is required between a checkout in a new check in so you can't fund your endless vacation on an inspiration subscription, but you can bring guests they just have to pay their own airfare. The company told C. Suite Quarterly magazine that pass holders typically travel every six to eight weeks with an average of four nights per trip. Another company adopting the subscription travel model is amsterdam-based citizen 'em Hotel. The brand isn't targeting jet-setters instead, it's targeting quote freelancers digital nomads in adventurers who love Big City Life, but not big city rent prices. In other words if you're sick of working from home and M.'s Goebel passport gives you access to twenty one hotels in fourteen cities including New York Paris and Amsterdam. For roughly fifteen hundred dollars a month you can stay at any citizen 'em hotel for the month or travel between hotels with a seven night minimum stay at each you also get access to meeting rooms and the living room workspace. So you have some room to move around in in addition the company's corporate subscription plan is about six hundred dollars. Per employee per month, companies get access to meeting rooms and living room workspaces plus each employee gets three overnight stays per month travel media companies skipped called traveled subscriptions a mega trend to watch, but they also face some obstacles I. Obviously, the pandemic people are worried about covid nineteen and travel restrictions are a moving target borders may be open one day and closed the next depending on the viruses spread while the US State Department lifted the travel advisory about international travel the Centers for Disease Control still advises. against. The travel to dozens of countries including most of Europe Canada and Mexico The Wall Street Journal reports, and June survey by the International Air Transport Association found that more than half of people surveyed. Don't plan to get on a plane this year at all. But for those who are ready to start traveling again for work or pleasure subscriptions grant. To enviable destinations in lodgings and tourism companies are hoping their offers are enticing enough. Customers will check it out. And start, making plans to check in. Once again.
"international air transport association" Discussed on KCRW
"Have to quarantine international ones. Marketplaces Nova Safia joins US Nova When can we get this? Well, that's the tough part David because there are a lot of hurdles to overcome. First, there's a language barrier issue. Test results have to be understandable across borders, the industry has to be able to do a lot of tests each day. We're looking for a target price of $10 or less protest, and they need the test to be accurate and fast. So that's a tall order. So far, testing an air travel has been scattershot, different things being tried a different airports. But what the industry is aiming for is a common standard and the endorsement of the World Health Organization now initial guidelines could be proposed by the end of this month by a U. N agency. But there's a long road ahead, including getting tests that can match those guidelines. And so airlines getting deeper here into the covert testing business. Clearly, present systems aren't meeting their perceived need right? They haven't been globally. There are about half a cz. Many flights now as there were year ago, and international flights are worse off than domestic. That's, according to the International Air Transport Association. And the hurdles airlines believe are the fear of sitting next to an infected passenger and the 14 Day mandatory quarantines around the world, One industry survey found 83% of respondents would not travel. If there's a quarantine in the arriving country, so testing perhaps could limit quarantines and ease fears. David Novosel foe. Thank you. This is the anniversary of the 1987 stockmarket crash when it fell nearly 23% in a day. That would be like the Tao of today, falling more than 6000 points. Culture horses, the Dow's down just 40 points. Now it's not even 2/10 percent, the S and P at the moment down 2/10 percent, the NASDAQ down 3/10 Percent. An update now on new federal pandemic relief money. House Speaker Nancy Pelosi has set tomorrow Tuesday as the deadline if there's to be stimulus passed before Election Day as a practical matter. She spoke of quote encouraging news. Yet also of more work to be done. Marketplace Morning report.
"international air transport association" Discussed on KQED Radio
"Have to quarantine international ones. Marketplaces Nova Safia joins US Nova When can we get this? Well, that's the tough part David because there are a lot of hurdles to overcome. First, there's a language barrier issue. Test results have to be understandable across borders. The industry has to be able to do a lot of tests each day. They're looking for a target price of $10 or less protest, and they need the test to be accurate and fast. So that's a tall order. So far, testing in air travel has been scattershot, different things being tried a different airports. But what the industry is aiming for is a common standard and the endorsement of the World Health Organization now initial guidelines could be proposed by the end of this month by a U. N agency. But there's a long road ahead, including getting tests that can match those guidelines. So airlines getting deeper here into the covert testing business. Clearly, present systems aren't meeting their perceived need right? They haven't been globally. There are about half assed. Many flights now as there were year ago, and international flights are worse off than domestic. That's according to the International Air Transport Association and the hurdles airlines believe Are the fear of sitting next to an infected passenger and the 14 Day mandatory quarantines around the world, One industry survey found 83% of respondents would not travel. If there's a quarantine in the arriving country, so testing perhaps could limit quarantines and East fears. David Novosel foe. Thank you. This is the anniversary of the 1987 stockmarket crash when it fell nearly 23% in a day. That would be like the Tao of today, falling more than 6000 points. Culture horses, the Dow's down just 40 points. Now it's not even 2/10 percent, the S and P at the moment down 2/10 percent, the NASDAQ down 3/10 Percent. An update now on new federal pandemic relief money. House Speaker Nancy Pelosi has set tomorrow Tuesday as the deadline if there's to be stimulus fast before election that as a practical matter She spoke of quote encouraging news..
"international air transport association" Discussed on Newsradio 700 WLW
"We need more people in the skies, more people to travel and What's the new effort underway? Well, a trade group Mike is the hoping to set up a testing system that could help revive the airline industry. The International Air Transport Association working with World Health Organization now on a way to test passengers for covert 19, so people would not face mandatory quarantines when they arrive at their destinations. And I officials says imposing a 14 Day quarantine is the same as closing your borders, He says. International travel probably won't return to pre covert levels until 2024 Wow. All right. Reviews on amazon dot com. People say you can't trust I never trust all reviews. Anyway. Let me know. Yeah, well, good. You're you're a wise consumer, because since the start of the pandemic, the number of fake reviews has hit levels typically seen only during the holiday shopping season. The monitoring service fake spot assess 720 million Amazon reviews from March through last month. And determined more than 40% were unreliable. Alright, then a threat to the coffee crop. What threat? This year's threat of robusta coffee beans is what's threatened because of the weather in Vietnam reign has been nearly nonstop because of La Nina and tropical storms of the coffee harvest would usually starts around mid October, has been put on hold. And because of high humidity, fewer trees have right fruit at this point of Vietnam is the world's biggest producer of robust of beings, mainly used for espresso and instant coffee. I don't know. They ever had low humidity over There was news to me. Oh, yeah. Alright, Futures look like they're looking good. A little bit of enthusiasm has waned over the last hour. SNP futures up 25 points. NASDAQ Futures are up. 119 doll Futures are up 167 points now from Bloomberg. I'm Jeff Belen Jura news radio 700 wlw..
"international air transport association" Discussed on KIRO Radio 97.3 FM
"Rally and voter mobilization event with a message of unity I'm running is a proud Democrat, but I will govern as an American president. No Red states, no Blue states, just the United States President Trump one North Carolina in 2016, the state's only chosen a Democrat for president, once in the last 40 years. And that's when Biden was on the ticket with President Obama in 2008. CBS News polls out today are encouraging for Biden. Arizona hasn't gone Democratic since the 19 nineties. Here. CBS's Jennifer Do Pinto Trump is underperforming with seniors and Arizona relative to 2016. He still leads with them in Arizona, but his lead is half of what it was four years ago. One reason almost half of Arizona seniors say terms response to the outbreak has put seniors and older voters at risk for Corona virus, and 95% of those seniors who feel that way are backing Biden. Cupid 19 numbers are spiking in almost every state. CBS's Mark Strassmann. Covert America's third wave is so widespread blindfolded, You could throw darts at a map and probably hit a hot spot like Colorado Reese. This is the most since late May and Nashville. Our key metrics are not going in the right direction. And Ohio. This thing is roared back, roaring by any measure into a public health crisis. 26 states are in the red Zone for new infections in all 36 states have new cases trending up. Five states have positivity rates higher than 20%. Especially shocking South Dakota's rate, 36%. Airlines around the world are battered by the pandemic They're trying to find ways out. Here is the CBS's Lisa Matteo. With global air traffic down 92%. This year, the International Air Transport Association is pushing for rapid virus test. This is CBS News. Today. Stronger.
Experiment shows risks of air travel while masked
"With United Airlines conducting 300 tests over six months. A manic in reproducing, breathing and coughing with and without a mask. When the dummy war mask the results were encouraging, Though they haven't been peer reviewed, the risk of transmission is virtually non existent. Virtually non existent and again, this is this is this is a U. S military study. Here's how the tests worked. The mannequin was equipped with an aerosol generate, technicians would have it. Breathe and cough with a mask on and off. Using more than 40 sensors throughout the plane to detect the spread of droplets. The researchers found that with the mask on on Ly 0.3% of particles actually made their way into another passenger's breathing zone, But the team didn't attempt to replicate what might happen when the infected person stands up or move through the cabin. I'm not standing here telling people that I know exactly what they should do. But what I am telling people is if you are inclined to travel or thinking about air travel. There is a reason today based on this independent study that you can feel confident that you could travel safely on. The study also reflected similar earlier studies that found the plane's unique airflow helps minimize risk on a plane. Air flows down from above each seat, not front to back. This helps limit person a person airflow. Ah, HEPA filter eliminating 99.99% of airborne particles, including viruses, every 2 to 3 Minutes. Just last week, the International Air Transport Association released new research, saying the risk of contracting the virus on a plane appears to be in the same category as being struck by lightning. Along 1.2 billion travellers, they found just 44 published cases of potential in flight transmission, mostly in the early days of the pandemic when masks weren't required. This study is conforming that among all the different places where One can get infected flights might actually be one of the safest places to be. But remember, Flying involves more than a plain as more people start traveling for the holidays. Airports will also get busier. So experts remind us. It's critical toe. Wear that mask as you walk into the airport, go through security board that airplane sit through the flight and land at your destination. And there are some caveats to the study. They use only one kind of mask a surgical one, and they simulated just one sick passenger on a completely full plane. But this was an extensive study and it gives us a real clue. One of the hot
Amid Pandemic, Airlines Forge a New Survival Metric: Daily Cash Burn
"Tomorrow and the days to follow. We'll bring a peek inside the books of the Big Airlines Delta United American and southwest will report earnings and there's a phrase you will undoubtedly here around as they detail how they are getting through the pandemic cash burn. And among the many questions we have is how long can you burn cash when there is so very little of it coming in we as marketplace's into your to explain. A company's cash burn rate measures how quickly IT spending its financial reserves the International Air Transport Association says. Airlines will burn through more than seventy seven, billion dollars during the second half of this year Brian Pierces that group chief economist most companies particularly, airlines just don't have revenues coming in, but they can't get rid of all of their cost at the moment. So they are running down there cash balances. In the bank they opening cash at a rate of many millions of day last quarter. Delta. Reported a daily burn rate of twenty, seven million dollars but I just found out that airlines calculate cash burn differently. Yeah. That was news to me as well. Read Snyder runs the airline industry blog cranky flier as figured casper and it's okay we had this much cash. Now we have this much cash but no. They're all kinds of little carve-outs in in differences between the airlines whether an airline includes principal payments or debt service payments in their cash burn will tell a different story to investors but no matter how the numbers calculated unrelenting cash burn means more debt former airline executive and industry analyst Robert Man puts it this way you go to the red to place by a bunch of furniture and burden. Slough to pay for it ultimately, but you brought it expenses don't go away just because people aren't flying but jack her shoe follows distress businesses for SNP global market intelligence says the airlines are in better shape than they're letting on. They've got almost uniformly more than a year and some cases more than two years of running room with cash as it currently stands in the balance sheet before they end up in trouble because before the pandemic hit, the industry was making enough cash to burn.
"international air transport association" Discussed on 10 10 WINS
"Cancer will be my last dance. I'm back on stage at the Washington ballot. See my story at Monteverde or slash Kiara. Wins news time. 11 26 now Bloomberg money What would you be more likely to take a flight if everyone else on the plane just took a rapid covert test before boarding the industry thinks he would, and that's why it's calling for testing off all international travelers before departure. Alexander Juniac CEO The International Air Transport Association, says carriers are witnessing on Ly a meager rebound and travelers because they're afraid both of Cove. It End of governments wrecking overseas itineraries with travel bans and quarantines. Industry would not recover until we find an alternative to quality. That alternative would be rapid and urgent tests coming to market starting next month, costing as little as $10 and giving a 97% accurate result in 15 minutes. In addition to giving government the confidence to re open borders, it will bruise passenger confidence, knowing that everybody on the aircraft has been tested. Juniac says it would require complete cooperation between governments a tall order but one that could rescue the industry. Bloomberg money Walk to 26 56 past every hour. Amanda Rhodey for 10 10 wins wins is Down 11 27 Leo, Get off the arrow Diner, The Arrow Diner Portable Walker. Trey is strong and stable enough to hold a £15 cat. But we don't make the arrow diner for your cat. We make the arrow diner for you. Good coffee and no spill. Turned your walker into a rolling TV tray.
"international air transport association" Discussed on Wall Street Breakfast
"Pilot program this week to test using drones to deliver groceries and household essentials in Fayetteville. North Carolina. Even, though it is expected to be a long time before drones are widely used for deliveries, the company hopes to gain insight by using the technology. Besides mirroring Amazon's prime. Air Program Walmart also announced its Walmart plus membership program last week that will take on Amazon prime. There were more than fifteen thousand empty rental apartments in Manhattan in August up from fifty six, hundred a year ago as more New Yorkers fled the city amid the coronavirus crisis according to a report from Douglas Element and Miller Samuel. The inventory of empty units is the largest ever recorded since data started being collected fourteen years ago, dashing hopes for a rebound in the fall or the end of twenty twenty. while. Rates and real estate companies have more access to capital smaller. Landlords may have trouble paying their mortgages and property taxes, which could impact banks and lenders. dumbing it the largest single transport challenge ever the International Air Transport Association called on governments to start careful planning with industry stakeholders for the large-scale delivery of a corona. Virus. Vaccine. Just providing a single does to seven point eight, billion people would feel eight thousand boeing-747 cargo aircraft according to the air transport body. The. I. Also, cautioned not while there are still unknown number of doses, temperature sensitivities, manufacturing locations, etc. It is clear that the scale of activity believe asked that cold chain facilities will be required and that delivery to every corner of the planet will be needed. As of six twenty pm today the Nasdaq Golden Bitcoin are all set to open in the green with the Dow S and p five hundred and crude oil all slightly down. On today's economic calendar, initial jobless claims her out at eight thirty, A. M. Eastern time. If you enjoyed today's podcast, please be sure to rate and review it below your feedback is deeply appreciated. That concludes today's Wall Street. Breakfast. Thank you for listening for the best investment analysis a news on the web. Dot Com subscribe to this podcast on Apple, podcast Google.
Virus pandemic reshaping air travel as carriers struggle
"Is travelers are still a little hesitant to get on a plane. Airlines say they're trying to convince travelers that it is safe to travel with mandatory mask rules in place and AH hospital grade air filters being used to make sure that air through the air is safer. Travers and apparently the Folks are still less a hesitant about this now on a global level, air travel is down 85%. Wow, that's probably for for those that that are still braked out. Bye bye. This pandemic is probably the worst possible scenario. For your psyche. I would think as far sitting in an enclosed tube next to somebody that you don't have control over sitting next to several carriers have filed bankruptcy protection with the Corona virus, not showing any signs of easing up in the fall of more could actually follow suit. Four major U. S. Airlines. They've lost 10 billion since April, and Consumer reports survey of about 1000 folks reveal that 70% of those surveyed field it's flying was unsafe. The CDC says sitting within six feet of someone on the plane poses an elevated risk, but says most viruses and bacteria don't spread easily on planes do the way that the air circulates. The International Air Transport Association predicts air travel will not recover until sometime in the 2024 that's a long time away. It sure is, But I would feel safe doing it right now. You want. Yeah, but I'm not as freaked out as other people is. Some other people are are by this, So I wonder you really seriously you. You said on the plane next Ranger? Absolutely. Yeah. With the mask on right now. Sure would. Yeah. I don't believe you. I don't think you I think I think you say that. And I would say that along with you, but I think once you guys got on that plane would freak out now, I wouldn't forget to be next to know somebody of their coughing and sneezing. If that if that you don't even know if that was the case. Yeah, being comfortable, but But as far as you know, especially having a seat between us, I wouldn't have a problem with that. As long as there's a seat between us. I would rather that be the case. Yeah, I have a heavy seat between me and in the other person, But no, I with a cz. Long as we've got mask on. I think everybody is going to try to be respectful of each other spaces they possibly can. So now, if I had to fly right now, I absolutely would. So the
"international air transport association" Discussed on KLBJ 590AM
"Because of this virus, that's a big deal. Yeah. Restructuring the ever heard about Starbucks closing? No. I've seen a move. I've seen a move across the street right now to a better venue, a better place, but I've never seen him really close. No one has to actually close. You've got big problems. Here's ah little bit of good news. The pumpkin Spice won't return this fall. But we've got that. That's Ah, That's a good thing You've got, bitch, but they're trying to make a push form or drive through a mobile pick up. They don't want you inside. I don't think they thought that we talked about this earlier. I don't think they do a very good job of Ah Mobile pickup or drive thru, I I've been through. Ah, drive through of a Starbucks. One time in my experience was okay. But of course, you got people that depend on it, probably in some cases a couple of times a day. And I'm kind of surprised that they're there behind the curve on this because it is all about the drive thru right now. They're a big fat company, man. Yeah, it's kind of hard for those smaller nose. Bigger wants to do that. Yeah, like which I said earlier, Chick fil A Does the drive through better than anybody at Chick fil A P. Terry's locally. They do an amazing job with their drive through sure, and and they're they're obviously doing gangbusters. Show. You know, I really applaud a lot of restaurants and companies like this that have adapted pretty well. And believe me some. Some of these restaurants were so far from being set up to accommodate. Ah, you know, to go business or curbside. That just wasn't really part of the thing, and a lot of them just rose to the occasion, and it's really helped them survive and obviously helped individuals survived as well. And then some. It was just An absolute impossibility because of all kinds of factors, access parking, the type of food that they sell that just didn't transport well, Sure, you know, it's just not meant for to go gourmet food things like that. Anyone. There you go. Ah, and I'm sure that Starbucks will figure it out. But it's kind of interesting that you would think that they would have been kind of the leader. In this You think they were too big to be a leader, maybe just just too big, too big clothes and 400 stores. And I think that says, a lot less travel experts predicting that air travel will take even longer than previously thought to bounce back, You know, to the pre pandemic numbers. The International Air Transport Association says they don't expect to see pre pandemic numbers at least until the year 2024 gang now besides the surge in new infections and hot spots around the world officials more than air travel is also being held back by weak consumer confidence. Yeah, That's a big deal. Yeah, the American psyche GTO? Yes, we're trapped. And And I wonder if that is the majority of it. Just the psyche right now. Think so, You've got so many business travelers that cutback companies have cut back themselves. And then you just gotta lie, You know? Ah, percentage of all the mean, think about it this way, if if the airline industry had 10% of their passengers that just don't feel safe flying anymore. That's a big hit. That is a 10% drop is a big hit. Yeah, and now you got the pandemic. You got businesses cutting back on travel. Plus, people are just afraid to set that close to people and I would fly. I would fly right now. I would do it, but It? Certainly, I think would be I think you would rest ful. I thinkyou would until you set down. Yeah. And then you go. I got nowhere to go. What did I do? Well, we're like, Yeah, I got this guy got sneezy mix sneeze in next to make sure and then snotty. Mixed. Not he's next on the other side. You know what I mean? Bad situation. They got mask on. Yeah. But when apparently mastered the answer, But, yeah, I think it's ah, You know, Once we're through this pandemic, I think a lot of people are those that are so freaked out. They're gonna have PTSD after this thing You gotta understand about about the mask. And I'm falling along. I'm wearing a mask Work. Let's open up business. I got you. But the thing is that the thing about the mask is if you could get it from just the droplets are just sneezing, coughing, singing, you know, singing. They say you could spread it. Then Why the hell do they need to tickle your colon through your nose? Just to get a sample when they're doing the test? Very good question. It seems like they can just kind of do the rim of your nostril. I know why go all the way to the colon. Listen Is that where the covert sleeps of the cold? That's the covert house. I guess So. Have you ever had that done? No. Now I had it done When I had an allergy test. You're a few years ago. Same thing where they put that stick. Literally to the back of your brain where.
"international air transport association" Discussed on KOA 850 AM
"A steel dealers. Dotcom business in money news with Pat could be a guess a long flight back to prosperity for the airline industry to grab the air sick bag for this one. The International Air Transport Association says it could be 2024 before air travel returns to levels enjoyed before the Corona virus pandemic. The International Air Transport Association says corporate travel in particular is taking a very big hit. It's also not helping the spread of the virus is not slowing down here in the US, one of the big markets in the world. The prediction of a 2020 for recovery is a year later than earlier forecast. Mortgage application slipped 8/10 of a percent last week is applications for loans to buy homes did fall 2%. That could indicate that first time home buyers are struggling to stay in the market applications to refi. Existing mortgages are basically flat sliding portends a 4% but both reef eyes and purchase applications air well about levels a year ago, national average interest for a 30 year fixed rate mortgage unchanged at 3.2%. Something big is developing at Kodak, and it's not the film. My administration is using the Defense Production act to provide a 765 $1,000,000 loan. To support the launch of Kodak Pharmaceuticals. President Trump's announcement didn't end there for a company that used to be synonymous with film and cameras, but has struggled with changes in that industry. Using advanced manufacturing techniques, Kodak will also make two key starting materials that are the building blocks for many drugs. In a manner that is both cost competitive and environmentally safe. President says the deal reduces the U. S dependence on chemicals from India and China for pharmaceutical production stock futures point to flat numbers on Wall Street. Today's market mover could be comments later from Fed chair Jerome Powell. We'll talk after the Federal Reserve's Open market committee winds up a two day policy meeting could be time to cash in that jar, a change. We've talked here before about the nationwide coin shortage caused by the pandemic. That's a combination of people staying at home and not wanting to touch physical money gone so bad The US meant is asking Americans to send their coins or to use those Cash for coins kiosk to get them back into circulation. Now a Chick fil A in Virginia so desperate for coins, it's offering a $10 bill and a free entree to anyone trading and $10 worth of coins. Next money update coming up in 6 12 Pat watered K away News Radio 5 45 Sports. Okay, Nice to see the Rockies getting three wins in a row. Marty. It's only been four games. But if the Rockies continue at this pace, they will. In fact, when.
"international air transport association" Discussed on 10 10 WINS
"Because Trump is the president. I think our democracy's a stink for real. Can What seems to be the case. His many Americans, Those who don't like me and those who do You Me is the antithesis of Trump. And I believe that I am Biden says he'll have his running mate selected by the first week of August, which by the way begins on Saturday wins news time. 7 35 The airlines continue to hit financial turbulence correspondent Brian Clark with the story tonight Blues $320 million Net loss in the second quarter means the five major U. S carriers collectively posted a $10.6 billion loss. For the pandemic affected quarter and more uncertainty is looming conditions of government aid run out at the end of September, and United and American have already warned that once that happens, they plan to lay off a combined total of more than 60,000 workers. But Delta Southwest and JetBlue say they're more optimistic about protecting jobs, at least in the short term. Thanks. Too many employees accepting buyouts are opting for early retirement. The International Air Transport Association says air travel won't recover before 2020 for the nation's public school teachers may walk if their schools plan to reopen with out what they consider proper safety measures. The American Federation of Teachers, which represents 1.7 million school employees, issued a resolution saying it will support Any local chapter that decides to strike over reopening plans. 88 degrees. Now we are going down to 81 in Midtown Tonight wins news time. 7 36 paces Helpful hardware,.
Canadian airlines will book flights to full capacity
"Two major airlines say they will in physical distancing on flights by the end of next week. It and carbon chuck reports the announcements come After a review by the International Air Transport Association, Hair, Canada and West Jet now join American Airlines and booking flights to full capacity. WestJet says it will remove seat distancing protocols on domestic flights beginning on July, the first West. Yet, officials say their flights have heaped air filters installed to help clean recirculated air. They add that the airflow and cabins goes from ceiling to floor, so an extra barrier isn't necessary. Officials also say the seatbacks provide protection for passengers. WestJet says it has beefed up cleaning and sanitizing as well as introduced mandatory temperature checks of all passengers with a requirement that all passengers and crew wear masks. Canada says it will also end seat restrictions at the same time is West Jet
Airlines heading for $84 billion loss this year
"While airlines are seeing signs we are willing to start traveling again twenty twenty is going to be a terrible year for the industry the international air transport association expects airlines around the world to lose eighty four billion dollars with the pandemic cutting revenue in half that would be the worst year in airline history actually the losses could grow as airlines have to cut fares to
When will Air travel return to normal
"Hour as we're learning how the airline industry is bracing for what could be its new normal correspondent Clayton Neville tells us the largest global airline organisation has released a report on when air travel could be more up to speed Michael air travel in the US a different ball game than just months ago as the coronavirus keeps Americans at home and on the ground a recent report by the international air transport association says we may not see pre coronavirus traffic in till twenty twenty three consumer confidence in the state of the economy the two biggest factors all it's going to take who knows it could take two years you can private aviation expert Danny Kelly says America is in the midst of the pandemic predictions to bury and there are people out there right now today to tell you that they don't think the traffic will never get back to where it was requires so how long will it take Kelly says the answer is dependent on a lot of factors all our clients because of the barge and maybe over a certain area and you know why it's much easier the card is doing fine driving the car no more content chamber program home the letter back or how about the amount of available planes with all the cancellations happening now how long it is going to take the four thirty one of your planes after the traffic thank you to be that could be yours right there Kelly says some things take longer than the general public as soon sprinters they're going to put it on the ground what you're doing now and then at some point bringing back including here thousand man hours airplanes the I. A. T. A.'s report shows domestic travel in places like the US and China will return first with international travel a year or two after that Michael thank you correspondent Clayton Neville checking in from out major airline hub of
"international air transport association" Discussed on NewsRadio 1080 KRLD
"Also monitoring national trends through parks and recreation websites and portals this is something that I haven't specifically seen in other areas it may be that you need to plan a but there's obviously other departments throughout the country that are being creative in trying to make sure that their residents and their community benefit from the outdoors while maintaining their communities the stock Ron Smith from the city of Plano KRLD news time is ten twenty four let's check your money stop starting the second quarter with a deep losses the Dow and S. and P. falling more than two percent public health officials have revealed an estimate that as many as two hundred forty thousand Americans could die from corona virus Bloomberg has learned president trump is set to announce a deferral for some terrapin mince would delay collecting tariffs on certain imports for ninety days the tariff deferrals will cover products such as shoes and clothing lines will burn through as much as sixty one billion dollars worldwide in the second quarter industry group the international air transport association is warning that carriers could run out of cash as travel hits a low point in the corona virus crisis airline revenue is set to crater by sixty eight percent during the period and it's the latest blow to Xerox's attempt to stimulate growth the photo copier and printer company has dropped its hostile takeover bid for H. P. Xerox blames uncertainty stemming from the corona virus pandemic Courtney done hope Bloomberg radio coming up after traffic and weather together on the age some retired Texans answering the call and we need them now more than ever it's Jamie progresses employee of the month to month in a row leave a message at the hi Jamie hit me Jamie I just had a new idea for our song what the name your price tool so when it's like tell us what you want to pay Hey here in trombone was Bob wine you say well be fine coverage options to fit your budget then we just all the fingers now small choir goes even coming after they've come at jet yes no maybe anyway so your practice tonight I got a new lyrics of the rhetoric the insurance company and affiliates pricing coverage much limited by state law their stars known as Caesar and cleo they released a few singles in the mid sixties none of them received more than a little attention things took off after they changed their names Caesar and cleo or actually Sonny and Cher you elements such contain the hit I got you Babe Ruth using people quarantined in their homes tons of musicians are making an effort to keep people entertained during challenging times nine inch nail surprise release two new albums goes five and six and they're available to download for free on.
"international air transport association" Discussed on WBZ NewsRadio 1030
"News CBS news update is the president getting restless some say his comments yesterday border on reckless after hitting that staying at home during the pandemic might not be the best idea for the economy we cannot let the cure being worse than the problem itself but San Francisco mayor London breed says reckless describes the way some people are behaving in her city the folks who are out on the streets have been drinking parties the folks who are out on the streets socializing in coming together and not taking the social distancing requirements seriously you are putting lives at stake you are putting public health in jeopardy and Great Britain is now on lockdown Boris Johnson ordering Britons to stay indoors banning gatherings of more than two people warning things will get worse before they get better that's corresponded Vicki Barker like many of us here at C. B. S. news she is now working from home CBS news update I'm Peter king and reports are coming out of a peculiar symptom of covert nineteen losing your sense of smell Vesey's Madison Rogers joins us live with the details good morning Madison good morning Laurie ear nose and throat specialist in the U. S. and in the U. K. have now issued warnings after a growing number of patients whose only symptoms is a loss of or altered sense of smell or taste tested positive for covert nineteen this evidence is anecdotal at this point but the warning advises people who do suddenly lose their sense of smell or taste that it may be the coronavirus Jason Knowles on CBS this morning he has covered nineteen and he experienced this I was adding cayenne pepper to a dish that I was eating only the case was that he couldn't taste the actual proper I was a little bit scared honestly like you know it's this permanence I don't know you know nobody really knows now anyone who's had a cold can tell you getting second score with your senses but it's not usually the main or only symptom in a study out of South Korea around a third of people who contracted the virus said loss of smell was their main complaint and otherwise mild cases this according to the AP that study said the phenomenon is so common it might be useful as a screening device asking patients about their sense of smell and taste to help determine whether they might have the virus back to you Lori all right Madison good work there are ten oh eight and let's see if these numbers are holding we go back to Tom Busby over the Bloomberg central station there good morning good morning Laurie well Tracy my my apologies that's my bad good morning Tracy good morning Laurie no problem I mean and the numbers are holding a wall street's wishing pretty hard for a Senate deal today on a two trillion dollar economic aid package and the Dow is rising twelve hundred sixty six points or seven percent nasdaq is up three hundred seventy four points the S. and P. is up a hundred thirty two and airlines are among the biggest winners of global airline trade group has doubled its forecast of lost revenue this year to a quarter trillion dollars the international air transport association says governments around the world have pledged support but the bailout speed to in place now so there are still airlines to rescue I'm Tracy junkie Bloomberg business on WBZ Boston news radio Tracy thank you coming up a local fire department closes amid coded fears Adam company Jack sports and of course the headlines ahead of a news conference at noon today governor Charlie Baker dressing the Commonwealth we will carry that live here on WBZ newsradio and of course the I heart radio app it's been reported that over sixty percent of small businesses closed after just one cyber attack but.
Coronavirus could slow down world wide travel spending
"There are estimates that travel spending worldwide could drop thirty seven percent because of the coronavirus losses are piling up for the airlines Perry flint is with the international air transport association in a scenario where the disease spread extensively we could see revenues fall by a hundred and thirteen billion dollars so that it's around nineteen percent those concerns have stocks weighed down again today the Dow was off
Coronavirus Impact on Global Economy More Muted Than Expected
"The total number of coronavirus infections globally is more than seventy six thousand and as days passed the virus extends further and further not just physically but by sending economic ripple effects to the global economy as well marketplaces Justin how has more we know it's impacting demand in the region China is the world's biggest car market in a Chinese trade group reported that car sales are down ninety two percent there the consulting firm Anderson economic group also just came out with an analysis saying that the virus because auto production to drop by an estimated two million units this year its CEO told us that would be the equivalent of seven times the UAW strike against General Motors last year another report from the international air transport association is predicting a thirteen percent decline in passenger demand for air travel in Asia global demand is expected to drop to which would be the first decline since the financial crisis and the virus is predicted cost airlines about thirty billion dollars in lost
Airline Industry Embraces RFID Baggage Tracking
"Astronauts on the International Space Station use. RFID technology to manage everyday logistics such as inventory. Now the airline industry is embracing this end to end visibility. Four baggage processing sensors automatically scan bags as they pass along conveyor belts information from the scans filter into an APP both ground handlers and passengers are then able to track bags at each point. Point where luggage has been scanned. Airports already using the scanning process have reduced baggage mishandling rates by more than twenty five percent leading the International Air Transport Association to unanimously passed a resolution calling for the rapid deployment of RFID technology worldwide. As more airports began to use radio screaming. Passengers can be confident that their luggage will arrive at the same time they do for innovation. Now I'm Jennifer. Polling
"NASA uses are F. I D. technology to track food and supplies in space. Now Airlines are using the same technology to track your bag. This is innovation now since radio frequency identification doesn't require the manual scanning barcodes codes or line of sight for US astronauts on the International Space Station use. RFID technology to manage everyday logistics such as inventory now the airline industry is embracing this end to end visibility four baggage processing sensors automatically scan bags as they pass along conveyor belts information from the scans filter into an APP both ground handlers and passengers are then able to track bags at each point point where luggage has been scanned airports already using the scanning process have reduced baggage mishandling rates by more than twenty five percent leading the International Air Transport Association to unanimously passed a resolution calling for the rapid deployment of RFID technology worldwide as more airports began to use radio screaming passengers can be confident that their luggage will arrive at the same time they do for innovation now. I'm Jennifer polling innovation now is produced by the National Institute of Aerospace Through collaboration with NASA and is distributed by W H._R. V.
United Airlines adds non-binary gender booking options
"US airline is now or a US airline is now recognizing non binary CBS news. Wendy Gillette reports from New York. United is the first airline to make the change you no longer have to specify as male or female when booking picking unspecified or undisclosed as options. Instead, the company says it's providing extra employee training about preferred pronouns and gender stereotyping airlines for America. And the international Air Transport Association recently approved new guidelines for those with non binary ID's. Delta jet blue American and south west I'll say they'll make a similar
United Airlines adds non-binary gender booking options
"ID's. United is the first airline to make the change. You no longer have to specify as male or female when booking picking unspecified or undisclosed as options. Instead, the company says it's providing extra employee training about preferred pronouns and gender stereotyping airlines for America and the international Air Transport Association recently approved new guidelines for those with non binary ID's. Delta jet blue American and south west I'll say they'll make a
United Airlines adds non-binary gender booking options
"News are US airline now recognizing non binary ID. United is the first airline to make the change you no longer have to specify as male or female when booking pick. Ding unspecified or undisclosed as options. Instead, the company says it's providing extra employee training about preferred pronouns and gender stereotyping airlines for America and the international Air Transport Association recently approved new guidelines for those with non binary
Teen found alive months after parents shot dead
"President's former attorney Michael Cohen will testify in public before the powerful house oversight committee on February seventh the announcement coming from chairman, illogic comics who stressed the committee is consulting with special counsel Robert Mueller's office to make sure it doesn't interfere with any ongoing investigation. Capitol hill. Correspondent Wally Hines with. That report. The Tokyo district court says Nissan's former chair Carlos going has been indicted for breach of trust goings been in detention since since November nineteenth arrest. He was earlier charged with falsifying financial reports in reporting his income by about forty four million dollars over five years through two thousand fifteen this is townhall dot com. In an era where it's tough to know which news outlet to trust at a time where it's difficult to find facts, not just there is an oasis the news desert. It's the cats roundtable John Katzman TV's the personification of the American dream who built a multibillion dollar business empire. Talks with some of the nation's top newsmakers every Sunday morning at eight thirty one just here. Partisan spin you'll hear directly from the newsmakers who are shaping the news cycle in the city the country and the world of a cats roundtable, you just hear about politics, you're about size business, education, animal rights, and any other topics that you're interested in catch the cats roundtable every Sunday morning starting at eight thirty right after Aranha in the morning on AM nights of the answer. Apply. In the automotive world. Fiat Chrysler is the latest automaker to announce a big airbag recall. Correspondent Ed Donahue has this report more than one point six million jeeps dodgers and Chrysler's as well as ram and dodge pick-ups are covered by this recall. Most of them are in the US. It's the same story is previous recalls Takada front passenger airbag inflators can explode with too much force. If it happens shrapnel explodes into drivers and passengers at least twenty three people have died from the problem worldwide about ten million inflators are being recalled this year already. Ford Honda and Toyota has issued recalls in this latest round. The most dangerous inflators are in the areas of the south along the Gulf of Mexico that have high humidity. Ed Donahue, Washington. You can always check out. The breaking news and read more nalysts sat townhall dot com. Disruptions to air travel are possible. If Britain leaves the European Union in March without a deal. That's according to the head of the leading association for airlines around the world. Correspondent Karen Shamas has the latest with this report from London. Director general and see if the international Air Transport Association said the risk to traffic flow is partly under control after the consonants of contingency plans. However, he boys concerns about the possible knightdale Brexit which could cause cancellations and disruptions in the short term because current guidelines renascent to travel between Britain and the EU perfect twenty eighteen traffic levels. Whereas passenger traffic is projected to grow five point five percent in Europe this year. Does he stated that his main concerns are about the weeks and months following withdrawal? From the the
Expat Americans given one-year reprieve on US repatriation tax
"In new york the tax reform plan passed late last year required companies to pay what's called a repatriation tax of about fifteen percent on any overseas profits so you think big multinationals but the financial times is reporting smaller us businesses overseas may now get an extension one year to pay this marketplace's dan gorenstein has more an estimated one million americans and green card holders who live overseas in how business interests abroad more caught up in this repatriation tax when congress passed the tax bill the idea was to persuade companies including apple google and goldman sachs to bring money back to the us estimated that companies stashed more than two trillion dollars in corporate profits in foreign banks tax experts and attorneys representing ex pats have successfully argued that their clients should be treated differently than the corporate titans the irs decision leaves some optimistic that congress will offer a legislative fix in the months ahead at the same time ex pats are expected to continue lobbying that they should pay their taxes based on where they live not their citizenship dan thank you airlines are getting a bit of sticker shock when they fill their planes with jet fuel crude oils up close to fifty percent over the past year and planes use a lot of fossil fuel you'll pay for this marketplace's mitchell hartman reports for the past five years most airlines have been profitable says jim corridor at cr fm research now comes a big price spike for aviation fuel fuel cost makes up about one third of all costs for the airline industry so we're seeing a large increase it's going to hurt profits a little bit but it's also going to lead to some capacity cutting to allow for air fare increases the international air transport association predicts a three percent rise in fares this year there could be additional fees for checked bags and michelle miller zo at air insight research says the airlines have other ways of squeezing out more profit in the face of higher oil prices we're going to be a little bit more crushed some the airplanes on some routes more slimline seats just to get capelle casati to grow is the same equipment charlie inservice milas says major airlines or accelerating.
"international air transport association" Discussed on Bloomberg Radio New York
"The spotlight again just eleven days after intervened with an emergency rate hike to avert a currency crisis with inflation heading to nearly triple the central bank's target of five percent investors may be looking for to raise rates even more when it meets again on june seventh despite pressure from the nation's president not to do so in istanbul benjamin harvey bloomberg daybreak europe corporate news this morning unique credits is reportedly considering a merger with societe generale a move that would combine two of europe's largest financial institutions according to the financial times the italian lenders ceo jeanpierre mystique with a french national and once worked for sock jen has been developing the idea for several months the french bank denied quote any board discussion regarding a potential merger with unicredit though calls and an email to unit credits representatives in italy were unanswered and the joy reid for the world's airlines may be coming to an end that says the international air transport association cut its global forecast by twelve percent and warns the second sector may have already hit a peak director general alexandra does union told bloomberg that airlines now face a series of headwinds including protectionism this whole term the rising costs so fuel labor infrastructure and we are concerned about the various trends we see here and there that was the director general alexander is unique let's get you some more headlines now from around the world his good morning good morning markus the us is warning north korea it will win relief from sanctions only when it's shown irreversible needs towards denuclearization defense secretary james mattis mess counterparts from south korea and japan in singapore ahead of next week's potential summit he insists the west must maintain a tough stance we will continue to implement all un security council resolution on north korea north korea were receive relief only when.
Singapore, Gio and China discussed on Bloomberg Daybreak: Asia
"On bloombergradio dot com and a very good monday morning to you from hong kong i'm bryan curtis and on juliet solly in singapore it is looking like we are off to a pretty positive start for markets here in asia let's get all the latest we've done krizner in new york doug well you had some decent tailwinds here in the states juliet after that stronger than expected employment report for may here in the states it also included a bump in wages and folks are talking about the fed rate hike by the fed all but a done deal long term interest rates backed up the us tenure last quoted in new york at two point nine zero that's where we are right now in the tokyo session the dollar strengthen the yen pullback a bit dollar yen one oh nine sixty the nikkei is up nine tenths of one percent in the opening moments also seeing a much stronger korean one now against the dollar this on some optimism renewed optimism we can call it over the june twelfth summit between president trump and north korean leader kim jong un the one right now better by about four tenths of one percent continue to see well now stability in the price of crude oil after falling one point eight percent in the new york session we know of rising us production now the possibility that opec and its allies may boost output wti sixty five eighty three in seoul the kospi has had three tenths of one percent and in sydney the asx two hundred better by two tenths of one percent talking earlier about the international air transport association reducing its forecast for global airline prophet in twenty eighteen by twelve percent to thirty three point eight billion i'm going to guess that that's largely because of higher fuel costs brian yeah down from thirty eight billion last year so cars in china airlines globally could be a little bit of pressure on some markets day by the way we'll get more on markets with francis learn from gio securities he always has a few pearls wisdom for us we want diamonds today not just not just from francis coming up shortly let's take a.