35 Burst results for "Lufthansa"
One Struum to Rule Them All
"The us. Federal bureau of investigation is quote accepting tips and digital media depicting rioting or violence in and around the us capitol on january sixth. Submissions can be made at fbi dot gov slash us capital. That's capitol spelled with an o cnn sources. Say the us state department told us diplomats to pause posting on social media a measure normally taken after a terrorist attack or major natural disaster and facebook will block the president's use of facebook and instagram for a minimum of two weeks. Twitter suspended the president's personal account for twelve hours and warned further violations would bring a permanent suspension twitch disabled the president's account snapchat locked the president's account indefinitely and shop affi- took stores run by the trump organization and trump campaign off line for violating their policy on supporting organizations that promote violence. Japan's nec says it has developed facial recognition that works for people wearing facial coverings. The system uses the visible parts of the face like the eyes and claims and accuracy rate of ninety nine point. Nine percents with verification. Less than one second nec is testing the new system at a shop in its tokyo headquarters and he sees at neo face. Live facial recognition is used by the london metro. Police lufthansa the airline and swiss international airlines as well the wi fi alliance launched the wi fi six e certification program. That opens the door for devices to us six gigahertz band wi fi. Six is fully compatible with wifi six and can support up to seven hundred sixty megahertz channels at once only using the latest. Wpa three security protocol on the band. Idc estimates three hundred thirty eight million wi fi. Six e devices will enter the market this year with twenty percent of all wi fi six devices supporting sixty by twenty twenty two. If you want a little more on wi fi six and six each account no little more dot com acis as the suggested retail price for its components like motherboards in graphics cards in the us the increased cost comes as waivers on us tariffs against chinese made goods of seven point five to twenty five percent expired on december thirty first. An example is the are og strikes or s. t. r. i x. l. c. radio on our sixty eight hundred x t which launched at eight hundred ninety nine dollars. Ninety nine cents now listed at one thousand seventy nine so prices going up folks. Keep tiktok has a new augmented reality filter that uses the iphone. Twelve pro lite are sensor gives you a confetti effect that looks like real confetti in your room seems a little but tiktok promises to develop more innovative effects in two thousand twenty one so look out for more than just confetti snapchat added support for. Apple's light are censored back in october that lets creators build their own enhanced filters for snapchat. Well y'all ca es does not actually begin until monday but that is not going to stop lots of companies from making their announcements happens every year and this year is no different so we'll start with samsung. The company announced galaxy chromebook to a thirteen point three inch to in one chrome os device sporting q. Led display that starts at five hundred forty nine dollars. That's way down from nine hundred ninety nine dollars. The first gen device started at the base model offers a ten. Th gen intel seller on processor four gigs of ram and sixty four gigs of storage. And i three equipped version with aching ram and one hundred twenty eight. Gigs of storage starts at six hundred ninety nine. Lg introduced five new models in their thin and light lg graham laptop lineup ranging from fourteen to seventeen inch thinner vessels around there sixteen ten ratio screens as well as eleven th gen. Intel processors z. Graphics and up to sixteen gigabytes of lpddr four x memory. Lg the graham. Seventeen graham sixteen and graham. Sixteen to and one i'll offer nineteen and a half hours of battery life. The graham seventeen weighs in at one point three kilograms while the lightest graham. Fourteen comes in at nine hundred ninety nine grams. No word on price or availability. Well my new car set in stone. Everybody i'm only partially spends six inch hyper screen. Displays that display the e. s. electric sedan is set for production for mercedes and late twenty twenty one so later this year leno. If you got one ordered already. The hyper screen is at the heart of the company's second gen m b. u. x. infotainment system which doesn't have any buttons and is completely digital and worst controls one of the signs that has started. You get huge screens and cars last few years
Wednesday 23 December
"Later today lufthansa cargo flight from frankfurt will touchdown doncaster sheffield airport bringing of food supplies to forestall shortages caused by the recent severing of land and sea trade routes between the uk and europe with jew recognition that this is more to do with covid nineteen than brexit. There is something piquant about britain entering the last week of its transition period reliance on a reverse of the berlin airlift. The uk's present difficulties due to a new and highly infectious variant of covid nineteen heavily concentrated in london and the southeast on joined with more by monaco. Twenty fours health and science correspondent dr. Chris chris this or something like to be expected because all viruses mutate. Don't they indeed covid nineteen already has once or twice at least before andrew say actually the uk's victim of its own success in this because we do as jones san accurately said have a world class in fact one of the best in the world screening systems set up to detect precisely this sort of thing. It's called coke. Uk their job is to scrutinize genomes of corona viruses collected from patients who are diagnosed with the disease so far. They've looked through the genetic codes of more than one hundred and sixty thousand viral sequences. They're all being to find things precisely like this and of course then we. We say we found one this and then the whole world says we don't want you of course they don't want us all the all the virus but not surprisingly just to cautionary stage but yes It it's likely that this sort of thing is a bit of an inevitability and it may well be it's farther afield. Things like farther afield than anyone knows yet because they just haven't detected e. Yeah so what do we know about this mutation will. It's not a single mutation. It's a variant the calling it variant because rather than just a mutant which is one genetic change. This one's actually got a constellation of genetic changes there are seventeen independent genetic differences in this new variant that seems to confer opponent the ability to spread a bit better and they're peppered throughout the genetic code of the virus they affect v aspects of how the virus works but there's a big cluster of these changes all centered on what's called the essel spike protein. Which is the key part of the virus. That's all of these out coats that it uses to infect ourselves and so this is why researchers think that it may be more transmissible. Something has changed in the way the virus behaves in terms of its its ability to engage with our cells its ability to penetrate and jack cells and then cause disease and then spread to another person We don't know exactly how it's doing that yet. And we don't know for sure that it really is more transmissible but based on the numbers that we're seeing the the epidemiology the pattern of spread. It seems like a likely reasonable supposition. Is it possible that this variation is a response to the measures that we have undertaken to defeat it is is the virus adapting to survive ovar adapt to survive. And that's really what charles darwin point out. And that was his big breakthrough his grand unified theory of biology. If you like that everything responds in a dynamic way. All the time to pressure applied from its environment and where we think. This may have arisen. This new variant is actually in the blood of an individual or individuals with poorly functioning immune systems because individuals. Who don't have a good immune response to the virus. Tend to hang onto the virus fa- longer. They have a chronic infection with the virus. And this means that as their immune system limps along trying to control it the virus is getting a chance to see inner workings of the immune response and it can see where the chinks in our alma and therefore it can adapt and shift in that direction a bid to take advantage of those changes to cling onto survival in that person. Now if that person then transmits a virus which has adapted in this way it's basically passing on a more weaponized or more tooled up version of the virus. The reason that such as a putting forward this hypothesis is because when we have treated patients and documented what happens in them when they have an impaired immune system for various reasons. Were genetic reasons. There are also acquired reasons why people's immune systems might not work very. Well they've seen very similar changes happening in the viruses in those people to this variant that circulating suggesting that it may will be homegrown as it were and borne out of the fact that some people can't can't fight it off as well as efficiently giving the varsity insight into how our immune system works and enabling it to adapt accordingly. I mean we have talked before about the fact that it's not in the interests of viruses whose only interest eads the perpetuation replication. It's not necessarily in the interest of any virus. To kill its hosts. Is it possible that viruses variation to become more transmissible but perhaps less deadly. Well we don't know at the moment and That's one of the key questions that people are going to want to be asking. It's a relatively new discovery first appeared as a blip on the radar of kochi uk. The consortium that founded back in september and the cases them were just a few and far between become a lot more common sense obviously rising to one in four cases in november perhaps as many as sixty percent of cases in december in some parts of the country that means that we've now got the chance to see firsthand in greater detail in greater numbers. What is impact on people is and so people will be asking this very question this thing if it does transmit more efficiently which it appears it does does it as we believe not cause such severe disease or cause any more severe disease than the standard parent from which its rose the moment it doesn't look like it translates into getting more severe disease. It doesn't look like it's currently beyond the reach of the protection conferred by the immune response In response to the vaccine but we don't know that crucial question has it surrendered some of its violence. In order to optimize. In this way time will tell you partially answered what. I'm sure is now the key question because the the glimmer of optimism in which we have all been basking these last few weeks is the approval and roll out of the vaccine. Several hundred thousand people here in the uk have already received at least the first injection. Is it possible that nineteen could mutate or very this quickly Out of the reach of the vaccine. Matt hancock rishaad everybody when he made the announcement last week about the discovery of this new variant. That it didn't look like it would be able to sidestep the immune response conferred by the vaccine the experiments to prove that that is the case. Though are still ongoing. Thankfully they're very easy experiments to do. And that's what porton down will currently be investigating. And i would hope that they will provide that reassurance. Quite soon the way you go about this is you. Grow the virus in the lab and that's actually very easy to do and you add to it samples of the antibodies that a person makes when they're vaccinated and if the antibodies still work against the variant. And you do this with samples across the country. Then you can say these neutralize this virus even though it's the variant and therefore these people will be protected if they have the vaccine. So that's that's kind of what we're waiting for now to to see that data. It's very easy the experiments to go to do them properly though. That will give us reassurance to answer that question what the future holds. Though we don't know and that's why some researches saying this could be a stepping stone on the part of the virus towards a more comprehensive ability to sidestep our immune response including the response to the vaccine and for that. It's a sort of shot across out immunological bowels. We have to keep it onto surveillance. Keep searchlight trained upon it so that we can see where it's moving anticipate is next. Move and try to head off
Berlin’s Brandenburg Airport is open!
"Some happened and i cannot believe that i am about to say this. Say what is it going to be. It can't be as unbelievable as what i think. You're going to tell me. I think it might be berlin. Brandenburg airport finally open. How it finally. it's only eternity late will. What's the official number of years late. This report. I think it's a an changed almost nine years late. I think it's years late nine years late. Billions of euros over budget. The airline it was built to be a home hub for hasn't existed in three years. Air berlin is long gone into the dust of the history books of aviation and had the opening go. Let's just say that the inaugural ceremonial opening of the airport went just about as well as the construction period and previous nine years. Well no i. It went better than that. Actually i mean it has to a gun better than that. It's pointing landed in billions of euros. Evaporate it. They didn't accidentally land in new berlin wisconsin. Or something like that but no it was on brand show. He say the plan had been for parallel arrivals on the two runways for an easy jet flight and aloof tons of flight and the flight numbers were written such that. It noted that it was the thirty first of october in the year. Twenty twenty it was easyjet. Three one one zero and lufthansa twenty twenty. They were supposed to touch down at the exact same moment and ceremonially open the airport. The weather had other plans as the weather often does. There was poor weather and they had to all land on a single runway one after the other but that was fine they landed they taxied. They gonna water cannon salute. It'll look nice. Will picture that in the show notes because it does a good water. cannon salutes. always nice thing. we're met something. I know i've seen this raised before and i'm also a little confused. Why they weren't able to conduct a parallel rent landing on these two runways when they're spaced out more than a mile apart from each other. That's a question. I'd like to see if somebody can answer as why. They couldn't conduct a parallel landing. When the runways are are not all that close together it's not like newark. Sfo where running literally one hundred feet apart from each other. What happened here. What i heard from a few people. And i haven't been able to confirm this so there might be some gray area in here as the categories of the aisle system on the other runway whether or not it can support the particular conditions that they found themselves in that may have had something to do with it. But if you've got an authoritative source by all means drop us a note at podcast at if our two four dot com or if you've been in the airport i know we've got a few emails over the years that inform us on the progress of the opening of the. I know it's been a kind of a joke. Among those who follow these sorts of but i was being generous. I know that has been the laughing. Stock of the industry's air better okay. But it's open and they begin their first real operations later this week. Where were the kind of move. Everybody things like so. It happened so we have to pick something else to point
Boris Johnson will delay decision on quitting Brexit trade talks
"The brexit transition period is due to expire on the thirty first of December at which point the UK will leave the single market without a deal unless an agreement with the EU is reached in the next few weeks British Prime Minister Boris Johnson said he wanted the broad outlines of the deal to be in place by the time the European Council Summit begins, today. The McCaffrey is your news political editor. He joins me on the line from Brussels could money cheat today it's the deadline. So why aren't we walking away? In this process is brexit process. We're very very used to deadlines coming and going out we gene and two large degree. At today he's GonNa come and go again and what we're expecting is no deal at the end of today when. Leaders meet in Brussels who were also not expecting Britain at top walk away either in fact we're expecting. Probably weeks of negotiations. Why is that I? Think because progress has been made though it is interesting last night the Boris Johnson spoke to US London line the EU Commission, Presidents and chose Michelle the EU council president in a joint to call and he. Exposure of his disappointment that the had not being a substantial or not progress. But clearly think that there is still an opportunity to get a deal. Hence why these talks will continue. We have to remember at the end of all of this book Britain and the e You have repeatedly said, they do wolves future trade deal I. Think both of them are willing to give it another shot of you like a bit more time So what are the underlying issues that holding up this process? Will listen to you though kind of three key areas in all of this at first of all is the so-called level playing fields or state AIDS, which is essentially the e you wanting you to adhere to the same rules and regulations to a large degree that and they already do as a former member of the European Union and things like environmental protections, food standards, for example, so that Britain can't undercut those in a more competitive way and join to that is this issue of state AIDS. The idea that the state can subsidize heavily industries to keep them afloat if you like, and again the EU is king the Britain essentially really can do that because it could convey. Could gain a competitive edge. Undercut the E. U., two degree now Britain would point out and rightly so some would say that actually if there is any part of the two sides who are used to subsidizing their industries, it's more likely to be countries like France and Italy than it needs to be the UK or indeed Germany for example, who just failed out Lufthansa to the tune of ten billion euros I mean the UK hasn't yet bailed out any of Big Airlines then disease you have governance How to settle speech future future disputes in essence the EU, has conceded that it's no longer going to be the European Court of Justice and they're trying to work out to kind of independent tradition if you like. And then finally, there's this kind of issue of fishing which economically is not important either to the EU or the UK in the sense it doesn't really make much of any countries economies to large degree, but it is politically symbolic. Ephraim. Brexit. As it will is what Brexit was all of out retaining sheesh water and also some European countries. It's incredibly symbolic importance at French fishermen, for example, or at pretty significant force in France and Emmanuel macron is staring down election in the not too distant future. So that is an issue. That actually is always the most difficult of issues because as as a Britain wants to gain back control of its waters, the EU still wants to be allowed to fish in those waters and it suggesting that if it cannot will. Then Britain is not going to be able to sell its fish to the rest of Europe and that is by far the largest markets. So shortly, collapse the whole deal on fishing. Think not though there are genuine concerns that it could be at the key issue. In the trade talks over the next couple of weeks, not least of all, because as become this to the issue in from both sides that for Britain. It's very symbolic as I say what Brexit is, they are absolutely determined. That they can have you know European fishermen essentially in the seas for years and years to come. Katrina to the fish they just think that is fundamentally unacceptable. It is not in essence taking back control. For the EU are equally determined. That if Britain wants to gain access to it single market by selling fish and eighty I, think it's eighty percent of British Fisher exploited in sixty percents. In, total those to the rest of the EU then. You're. Not, GONNA be able to sell your fish and you can have all your efficient chips he wants, but they'll have to be British people are going to eat them and not the EU, and they would also point that actually half of the so-called Bush's boats that fish in fresh waters at the moment are actually forward. So in practical terms, would it make that much difference I think the compromise, the them at may well come, and with this idea of quotas every year that potentially will start where we all now and year after year decrease. On a negotiated faces a bit like Norway has dumb but for Emmanuel macron fishing is a key key factor in all of this. Simply because you know French, fishermen are a potent political force but for the countries like Germany. In essence fishing's not very important and they would be very, very disappointed when push on for the deal to collapse on that single issue. So I mean what happens next and is a no deal Nella a probability rather than A. So. When you talk to people here and is being a whole range of MVP's and official yesterday, they were putting it at a probability of sixty percents. Gene essentially, that will be no deal, which is point stalk in many ways given the fact that we are getting into the game and we really all because time is to Michelle Volley ticking in this process I think what will happen next though is that they will conclude. Leaders at tomorrow that enough progress has been made and the talk should continue. I expect the British will accept that and talks will continue for the next couple of weeks. up until. Either the end of this month or the start of next. But then a deal is going to have to be done or essentially both sides have to accept the will be no deal because ultimately if there is to be a deal, it is a massive. Weighty Hefty document that has to be translated into all the official languages of the EU. EU Paul, we'll have to vote on the British parliament, some national parliaments to and so that decision will have to be pretty soon at the start of the next month because ultimately, they'll only have up until the end of to send the. It's because Boris Johnson his always all. And that he will not extend beyond December thirty. First, we've heard of course that before I think this time that really is a hard deadline and so at the Mo- wind, you'd have to conclude or less things substantially change that you know no deal. Is a real. Possibility, but probability, how is the British parliament reacting to this brinkmanship? Well, there's this. Thing is when we kind of what? It's not weird actually, it's probably not surprising the tool. But, it's not really consuming European on British national politics. At the moment clearly, we're in the middle of a pandemic. Clearly everyone's focusing on not just the fact that there is a second surge affecting almost every corner of Europe and deed every corner of the British isles. And Other increasing restrictions, talks about lockdown. So not not anyone's really talking about Brexit I think. Boris. Johnson's going to take enough majority that no deal is not good to trouble him like it. It was last year when there was a possibility that the government collapse on the issue I don't think that's GonNa happen this time round for the genuine concerns in Britain about what this will mean. Already, the government is already having to spend millions and millions of pounds to get a border posts. Customs checks to employ people essentially to work on that border from the first of January and no matter what the trade will be there will be extra checks a respectable. What happens
Global Stocks Mixed on Monday - DTN Progressive Farmer www.dtnpf.com › world-policy › article › 2020/08/31
"First of all, not a good day for global stocks here in London the footsie one, hundred down three point two, six percent on the day. Andrea European stocks dropping the most since July today investors worried about tighter viruses fictions as you've been discussing a Monaco also or detain suspicious transactions at international banks, airlines and travel stocks among the worst performers. In Europe today that softer the chief medical officer Chris Witty set to warn today the UK's at a critical points in fighting the coronavirus Germany's health minister saying the trend of cases is worrying all nineteen instagram's trading lower in Europe but those travel down more than five percent. Down a British Airways down twelve percents Deutsche Lufthansa down eight percents French hotels group call down seven percents.
How To Grow From An Accidental To Intentional Business Nomad
"My guest today is Kyle Hegarty. Kyle is the managing director of Leadership Nomad, a division of tesl marketing where he focuses on helping companies such as IBM Lufthansa. Jess. An Oracle expand globally. Kyle looks at how companies connect with their customers while focusing on communication sales marketing and management leadership. He has trained thousands of executives is a faculty lecturer for Singapore Management. University. Is a frequent speaker business management conferences around the world. Kyle is the author of of the accidental business. No Matt thanks so much for joining me today. Kyle, thank you so much. You put a lot of pressure now on all of the great guests that you've had in the past so. It is pretty high bar to live up to, but I don't think you'd be here if I didn't think you are going to be able to so. It's all good. Thank you for inviting me absolute. so This whole concept of of being business nomad is interesting for me and. And how you help companies expand globally and one of my questions is really around. A cultural differences. And how a business owner or business person who's starting to to sort of go out there how do they navigate? What seems to be like an invisible language of cultural misunderstandings. Well. That's the big question that I that I try and address in this book and. By the way I'm here in Singapore. So I don't know how many time zones away from from you I am but about fifteen years ago I moved from the United States over to Singapore to help Western companies figure out how they're going to expand cross Southeast Asia and over and over again what I kept seeing was regardless of company size, it could be startup it could be a small business all the way up to the very large companies but all of them seemed to wrestle with some of these invisible cultural differences that you mentioned and I myself did as well APP. In fact, I'm I'm exhibit A.. In terms of making all of these mistakes and I'll give you just one example great showed up hired somebody locally. And was thought we were all on the same page. She spoke English I was speaking English. We signed a contract. and. Then on day one, she just didn't show up. And on to she didn't show up and then day three she dead and this was not an entry level role. This was like a pretty you know I mean, it wasn't a super senior but still you'd think that on day you'd think you shopped the job. And again, it's not the same that people in certain parts the world down do that but it was crystal clear right from the get go. That things were different in different parts of the world expectations were different. What I thought was crystal clear was not crystal clear to other people and that was something that just kept happening on repeat I could I could that this book at Twenty Times the size it is I simply chose a couple of of handful stories here and there, but these obstacles continued to pop up. Even. Companies that are doing the travel most are are a bit stuck these days. We can't get on airplanes as much. We're still facing this stuff because we are on the zoom calls on skype calls we are trying to do these partnership deals. We are expanding potentially into new markets and what I think is absolutely clear communication what the way I approach of business relationship. To me makes perfect sense and what I find over and over again is that that's not the case in other parts of the world. So I wrote this book to tell those stories and to start going down that path to get hopefully to help people avoid these mistakes that just keep happening over and over again. Okay so You gotTa tell me why didn't she shut up what? What was that? What ended up being the story? In this case, she had a sick relative in another in Malaysia. This is in Singapore and Malaysia. You can get over a bridge to cross over to Malaysia. And I love I'm not going to put words into your mouth but. She. Essentially, her excuse was that this obviously, you know family takes precedence which shaw absolutely fine with that. But to me, you would have communicated that and she she showed up and three thinking everything was fine like. This you're not you're fired. And she shot absolutely shocked. Absolutely. Shocked. Another another fascinating example, which is actually really sad We had a whole team in Philippines and this woman would be hired I. Think she was we hired her at a entry level and just when somebody has it and you you just know it I mean this this person was just she was on the ball she just got everything done clients loved her every I mean she was just in a small company she stood out and she got Promoted, and she moved up the food chain very quickly we had plans to actually get her ownership status in and to kind of put her into a managing director track we're invest. We're ready to invest in all this stuff. Storm came through Philippines and knocked the roof off of her family house where she and her mother lived. These monsoons are unfortunately coming in greater frequency. There and the mother decided that this was an almond and forced the entire family to move into the country province where she came from. And without. Second. Thought our point of just up and quit she. I think she gave us a day notice of because. At the age of thirty two, you do what your mother tells you to do, and that was the end of it. And I would bet you today that she is living in a you know in A. I needed third world is is kind of a past term but I mean, you know that she she went in a very different direction because of that and you know where where does that come up in the in the business school lessons?
Long live the Queen: We say goodbye to a big chunk of the passenger 747 fleet
"In the last episode Jason said. Go What did I say you said that you could still fly on a British Airways seven, four seven at the time that I said it that was a true statement. And it was a true statement for all of seventy two hours. Then British Airways said, no, you can't. No, you can't they're gone. They're gone effective immediately and we will never fly again. We don't even know if they're going to get any sort of official sendoff for celebration or anything do the at calm rumors necessarily but kind of scuttle. But around the water cooler such as it is says that they are not inclined to participate in any sort of send off because of the current climate they find themselves in. Well. That is just extremely on physician by I think more. So than any other airliner, even really any other aircraft and I know people are going to argue in bicker about this. And L. means emails. Two four DOT com. When I, think of British Airways I think of the seven four, seven I think of the seven four, seven, I think of British Airways the two are intrinsically linked. To imagine a British Airways were about seven, four seven is really difficult for me. Yeah. It's. It's of those things that You know there was a couple. Are a couple lines that you immediately associate the seven, four seven with an obviously the the first and foremost him just because of the history there. But then when when you kind of think of like the top three or four airlines, I, immediately think British Airways KLM. And the. KLM has already retired or I think mostly retired. So they have to serving in in cargo capacity to combat serving cargo Carl only capacity. But but yeah, they're not flying passengers and yeah and KLM only had a few towards the later days but British Airways a significant chunk of its widebody fleet was still seven four. Yeah I mean they were operating a fleet of thirty. So I mean that's not we're down to two tons of with twenty eight young. British Airways we see to retire its entire seven, four, seven fleet by either twenty, twenty, three, twenty, four, twenty, four. So the writing the wall but the wall we've got a whole lot closer right the the wall basically fell. Fell on top of the fleet but there are still some four sevens out there. There are still chances may be two to fly them. Should you want to go out and do that? Obviously, your best chance is going to be Lufthansa at some point, they haven't announced anything about retiring. There's they're putting them into two storage. Planning bring them back So twenty, their Korean Airlines has twelve China Airlines has four Air China has eight, and then you kind of start to whittle things down I. I would say that the under a Russia has nine, but I would say that there's a good chance that may be Thai Airways with eight is probably not bringing there's back or if they do, it won't be for long. But I could be wrong. Indy only has four in. It'll be interesting to see what they ended up doing with there's and then there's a few charter airlines like wellness has five and Atlas Air has four. So you can't really book a ticket on those but you know you've got stand up on you. You've got a decent chance of flying on those if you book a ticket on other airlines. So thankfully at least for my New York City centric mind, we have three airlines that to be the three airlines operate the seven, four, seven, Dash Eight. Tonnes a Korean Air, China all at some point operated the the dash eight two K. typically in the summer. So I hope we see them again. But honestly, there is a a likely reality in which JFK does not see a seven, four, seven in regular passenger service. Again, I don't think it's out of the question that that's a possibility and that makes me very, very sad. Yeah. I. Mean I. I was thinking about this the other day when we were putting kind of listing who who, still flying him and things like that and and I was supposed to do a trip hin in April. Originally, we were going to do something really cool and one of the things that I was really looking forward to flying the Lufthansa's dash eight but did not get that chance but maybe next year year after it'll still be there and still be a possibility. But yeah, I. Mean the fleet was just such you know. That that livery. Deliveries on the for seven just looked so good and then when they did the the heritage liveries games, they just looked so
Germany aims to reopen borders - what you need to know
"We're going to head across the board or to Germany now a border which opens officially on Monday the country has been praised for its handling of covid nineteen, but Deutschland Inc is immune from the impact of the virus is having on the global economy. So how can major corporations be supported by the government in Berlin I'm joined on the line from points dot in southwestern Germany by Anna Rosenberg irregular, and is the head of Europe and the UK at the political consultancy cigdem global. Couldn't talk. Couldn't tack. Very good here for humanity. Oh, no is a great to have you on the program. Literally probably for the last what five or six weeks we've seen one German company after other, and these were really talking about global names that all of our our listeners will will be well aware of companies that touch people's lives Some have seemed to be sailing through this reasonably well, but we've seen of course many others and probably most the most. High. Profile instances is tons of which has been. In the news almost every day for the last two weeks on on business pages around the world, and with a lot of focus right now on major job layoffs that will probably see before their AGM it in the coming weeks. I'm very keen to hear how the story is playing out domestically, though because I think outside of Germany Anna everyone of course is seeing a similar type of story, the relating to how daylights bailouts might occur in Australia or Canada or elsewhere, but I. If we look at the front pages, if we look at what's being, said on the tag, a show how I would say sort of what is the mood and the reception nationally right now? I would say that, of course luther tons is a concern, but it's not the biggest concern I think that the German government has over the past few weeks, a lot of the things right and of course at the moment top of mind for everyone is the recently announced fiscal stimulus package, which is another one hundred thirty billion euros, and to support Jimmy consumers and business, and that's I would say currently preoccupying people's minds business all relief by the measures announced and I think that's overtaken the bad news from Lufthansa. Also you have to keep in mind that. Lufthansa was bailed out. Even though they are still of course, suffering, huge job losses, overall, there are some positive signs, and I would say that. Combined with the opening up of the economy, those all being well received. We've seen a consumer sentiment reports out of Germany as well, and and certainly there was a feeling a little bit early on that. Maybe people's fears were a little bit misplaced still fearful but if you look at the mood now, and whether that is just your read, for from where you're sitting, at of course how your consultant he looks at it. As much is of course what might be popping? Popping up in the pages of Honda's Blot you look at a stimulus right now. There's going to be cash handouts for families and a lot of money for every child. Does this raise the mood? And of course whatever economy looks at is consumer sentiment in terms of getting out onto the High Street shopping filling up grocery baskets. All of those things. Where where would you say the consumer mindset is right now? I think the consumer mindset is cautiously optimistic. Very cautious because I think that, it's not yet quite clear how this crisis will ultimately pan out. There's a realization that Germany is a relative. Winner or let's say not too bad loser from Kobe than other countries it's has. Done more than others in terms of trying to contain the disease, the government has stepped up significant economic measures as I mentioned before so those things at Kohl's obviously provide cause for optimism, and I think the the the money that the government will be handing out for child support another three hundred euros, plus lowering the VAT. All of that will stimulate consumer spending but I think it's too early. You're not going to see suddenly. Suddenly consumers go out and shop like crazy. Ultimately, these still cautious Jim and consumers that going to want to continue to monitor how plays out and I think once there is confidence that things won't get much worse. That's when you're going to see consumers. Step up spending I do expect this to happen over the next few weeks and months, and especially over the summer, because that's also when you just have a pickup optimism generally. Do! You think there's also maybe a patriotism wave, and that's a it's a tricky word in in Germany or at least in some corners at wet, better patriotism when it comes to a head Shelton, Deutsche signed a made a made in Germany feeling. Of course you can go to lots of grocery stores. Local markets and people want to of course singing, the praises of the of the Chicago this Baragan that's grown around the. The Corner, etc, but does that also extend you think elsewhere in in in consumer spending that people are are going to be thinking about jobs in Germany. It might be a little bit more expensive for me to buy that product, but it is made in Germany I. See that it is going to help the state that I live in or the state next door or is going to be driven by WHO's got the best price. It depends on your income. I would say I think that consumers that have a little bit of leeway will make those conscious decisions. They will buy local whenever possible I think. That's a trend that was here before. Kobe ticket buying local, being more environmentally conscious, making sure that your products don't have a very large carbon footprint that was here before and I would expect that consumers that are wealthy enough to afford to make these choices will continue to make these choices, but of course those that are going to be squeezed. They will not be able to. They're going to go for the cheapest option, and there will be quite a few of those as well so I. Think it'll be a mixed mixed back really and just before we go. We just maybe shining a spotlight on Berlin and certainly foreign policy a you and I have touched on. Whether the dock countries Germany Austria Switzerland are are looking to maybe come together a little bit and and show that there is there leadership even though these countries are also very disjointed in many ways, but is there a sense that you Berlin you now? I mean really also being recognized almost daily around. The world is having done a very good job, Switzerland and Austria as well that they. They start to convene big MESSA again. Of course, when when public health obviously issues and public health guidelines allow, because it certainly seems on many other levels Germany is trying to push ahead, but does it see itself as also being a commercial convener sooner rather than later because we've seen so many are still being so I mean I wouldn't say pessimistic, but maybe some would argue in business overly cautious. I think there's a big. Division in terms of the states in Germany about this topic. I would imagine that if you now see. Infection rates stay low over the summer which we expect we, we do think this going to potentially be another wave in the autumn, but if things go more or less smoothly over the summer, it's going to be difficult to continue to extend lockdown measures, and instead people will cool for more openings and eventually also call for mass gatherings, and I think that's what you can see things like larger messy mess, being organized again and large public offerings coming together, but I think we'll still a bit way from this, and I don't expect it necessarily to accelerate in this first half and second half of the year really. On Rosenberg from CIGDEM global in Germany very good to speak.
Lufthansa board nods through $10 billion bailout plan
"Lufthansa will beginning a ten billion dollar bailout from the German government and the European Union under terms of an agreement approved by the airline supervisory board German airline today, quoting the head of the board called a difficult decision tonge like most global carriers has been hard hit by the downturn in travel as a result of the global corona visit pandemic, there will be required to give up some slots in Frankfurt and Munich is part of the deal with the government, and also the government will take a twenty percent stake in the
400 German managers, workers returning to China
"Some four hundred German managers workers and family members returning to China aboard charter flights as multinational companies seek to get their operations running again at full speed the German chamber of commerce in China in cooperation with Germany's diplomatic missions and with loose Lufthansa airlines organizing two flights to China they are the first repatriation flights from Europe to China for foreign nationals since the corona virus pandemic forced many expatriates
How Europe is responding to the coronavirus pandemic
"Want to start really by having a look at what is happening in this part of the world and certainly how countries In and around a Middle Europa at handled covid nineteen as pandemic some economic powerhouses. The United States of course the UK have had a bit of a miserable time. You could say but Germany and Switzerland are getting back on their feet and even in the last hour or so here in Zurich. We heard the country's main aviation hub of the national carrier. Swiss have outlined an incredibly aggressive relaunch plan. Of course if we go north to the border in Germany LUFTHANSA'S HOPING TO INC. It's bailout package to do a bit of the same well for more on this. I'm joined here in Zurich Rob Cox regular with us. When is the global editor of Reuters breaking views and on the line from start in south western Germany on a Rosenberg as also the line and she is head of Europe and the UK at the political consultancy Sigme Global? Welcome to both of you rob. I wanted to start. Do you think something is up? Maybe in this country I think also we look to Australia and certainly Germany as well as everyone starting to behave as a bit of a block at a time when everyone is supposed to be yes nice nice role in together are we moving into a period where people are maybe trying to score a few points. Released position themselves That look we are open for business. And we're moving ahead here. We're kind of in this competitive de Lockdown Mode. Where everybody you know? Calm countries like Switzerland which WanNa score high on the the Doing Business World business indicators and things like that and I think they have something like thirteen hundred. Us companies alone. That have offices or something here so everybody is trying to kind of to ease the ease travel. Do it in the right way. But also the same time to showcase that they've done a good job or a decent job of of battling pandemic of ensuring that their citizens have safe that that and doing it in a sort of you know an intelligent way And in some ways opening opening up the borders as a way to show that off now I think they're quite conservative. You saw you saw. The Federal Council was saying yesterday and in other countries. You know there are still this tension between the politicians as it were and the health professionals at still going on. We're still going to see that for quite some time. But there's definitely a sense of like like let's get moving again But the the the big issue though is you can't just apply what the Swiss do or the Austrians due to say London or Dublin or Perez and I think so. The worry is a little bit like we have these fights over tax policy right That you have this sort of race to the bottom in some ways and I think that's it's one has to be quite careful. So if the Swiss open up or the Germans and people say Look Frankfurt's open for business in Syracuse. Open for business. The worry is that these other guys. I don't know or London that engage a well. We better do it quickly. Problem is that there's no one size fits all for battling this pandemic Rosenberg. When you look from your side of the border but maybe across to Austria and Switzerland do you feel that may be an of course? Federal Council Minister over in Vienna yesterday front from Switzerland. Do you feel that the dock nations are starting to to get work in a bit of unison? Work as Mitteleuropa to say that we can together be the the engine that we can point direction. We know that this is a time of of not great central leadership. I'm not sure if there's really a cross border collaboration as as that. I think it's more happening more here. Is that individual states within Germany. I using this as an opportunity to profile themselves when you look at pandemics throughout history typically they benefit smaller entities smaller countries smallest state smaller city states. And exactly the same has happened in this pandemic and Jimmy Away is positioned the way is positioned also because of its highly federalized decentralized system which means you have sixteen individual states that can make their own lockdown and opening up decisions and these decisions currently being made. They're all over the place and I would say there's kind of a rather than we're in this together. I would say there's a little bit of a rivalry at the moment towards who can open up. Fossa who is more concerned with the health of individuals citizens than the others? So it's still pretty much an looking inwards would say Germany. Do you think that some of that also ladder is up though? I mean whether it's whether you're talking about Bio You're talking about no Don Volya that obviously people who are sitting at the Foreign Ministry in Berlin. There were trying to figure out. How do they put this into a concerted message Which they can put across globally? I get the sense. is certainly in Switzerland while the Swiss like to talk about being humble and they don't WanNa talk about having had a good pandemic you do get the sense here that they are trying to. Of course push their message. This is a country that is going to be open for business. If you need to come to Europe And hopefully do need to come to Europe to have a meeting. Then maybe you might consider coming here. I and I'm wondering if Berlin regardless of what it's doing with a federal structure with the states are doing they're trying to have some kind of unified message or no yes. Of course ultimately there's a lot of coordination still trying to be made on on the national level. Am I do think that Germany has certainly benefited from this Kobe crisis? It has turned a crisis into an opportunity and for a variety of reasons and I think Germany ultimately when you look at where Jimmy Stewart's just before the Kobe crisis it wasn't quite a weak economic position that was stagnation that was not enough of investment. Going on into key sectors of the economy that was all these arguments about stepping up fiscal stimulus and spending and constant pushback from the government that wanted to stick to strict fiscal prudence. All of this is different now. The government is saving business left right and center splashing out it's investing and the economy. The Gym Mindset has changed to away from Frisco prudence that was evidenced of course the supporting joint debt with other European nations. And so in a way. Jimmy's kind of taken an advantage from Kobe. In repositioning itself. And I think if you ask me what does Jiminy and the EU stand in one. Two years down the line. I think Germany will clear when I hear on that we just before we went on air we were talking and you just touched on Dublin Dublin. Of course as as essential in Europe which has done very very well at tech. But we're now in a moment right now we're of course. Companies are more mobile than ever. And certainly when you look at some of those players who are who are in Dublin. Of course their headquarters being On on the. Us West Coast yet. There is mobility They move around the going to look of course for the best tax breaks That are out there. Is this also time and again I mean. Certainly you see the power of the money that various spends on go and put your headquarters or least your your regional or European headquarters in Munich. For example do you see this kind of acceleration? Absolutely the ease of doing business index. This is this is going to be part of it. Everyone's going to look at how you did it during this crisis And I think and how quickly you were able to come out of it and I think come. Countries like like Switzerland Like some of the Nordic countries that have have done a pretty good job a relatively good job relative to France or the UK or Spain or Italy are so they're going to have a better pitch to make an a country like Ireland. Which is you know punches. Well above its weight when it comes to global headquarters for I say European headquarters for many of these TECH COMPANIES. The facebooks and people like that that is also
German government approves $10 billion bailout to save Lufthansa; Latam Airlines Seeks Bankruptcy Protection
"It is a tale of two airlines emerging overnight the German government just approved a nearly ten billion dollar aid package to save Luton says last month the airline CEO said it was losing money at the rate of over a million dollars per hour with travel virtually halted by the pandemic also overnight south American carrier latam airlines is seeking chapter eleven bankruptcy protection latam is south America's largest carrier it says despite the filing passenger and cargo flights will continue to operate and employees will be paid the airline is also looking toward a post pandemic world to reorganize and recover
Lufthansa and German government agree on $9.8 billion rescue package
"Germany is offering Lufthansa and nine point eight billion dollar bailout we get more from Bloomberg's mark mills the package involves an initial twenty percent government stake in Lufthansa the could rise in the event of a takeover the plan which requires European Union approval and will almost certainly be challenged by rival airline such as Ryanair give Germany an effective veto over company strategy German finance minister Olaf Scholz says the company's investment would be temporary and he stressed that the timing of the next it would depend on the pace of Lufthansa's economic
Lufthansa and German government agree on bailout
"Walker Germany approved a nine billion dollar aid package for airline Lufthansa to keep a major employer going through the turbulence of the corona virus pandemic but officials said Berlin was still in talks with the European union's executive commission about possible conditions Lufthansa has lost most of its passenger business due to travel restrictions during the outbreak the German government says it does not plan to interfere in Lufthansa's
Lufthansa, German government agree on $9.8 billion rescue package: sources
"The German government and Lufthansa have agreed on a bailout package that's according to the German news agency DPA here is the latest from Bloomberg's Roger hearing the nine billion euro rescue plan had run into many delays in recent days but the German news agency story out reports of the meeting of the committee that manages Germany's economic stabilization fund today suggests the deal he's about to be formalized but the situation remains delicate as talks to ensure swift approval from the European Union drag on under the plan Germany to become the largest shareholder in the airline which plans to resellers what Lufthansa ones could be years of depressed about
Lufthansa closes in on $10 billion state rescue deal
"Meanwhile in Germany the chancellor Angela Merkel says a deal to pay about Lufthansa is because it provides hope for rescue package for as much as million a billion euros is the airline's management warns over the urgency Berlin says talks are ongoing with the company and the European Commission which would need to approve the deal Merkel declined to give details saying we'll wait for the talks to
"lufthansa" Discussed on Monocle 24: The Briefing
"You're back with a briefing from Zurich with me todd religious coming up to thirteen twenty two here in Ziegfeld. I'm happy to say that. Mr Hinton Bureau chief for Bloomberg has tracked across town Brave this weather to join us this afternoon. Let's Talk Aviation Stories. We've just seen across the border Air France a bit of a conditional type of of bailout happening there And then a lot of discussions and of course. This has been going on for for a while. Would we see Berlin looking at some type of loan scheme investment in Lufthansa? A LOT OF PEOPLE. Also saying yeah. Governments have no part of this But of course it seems like something is going to go ahead. what What do we know yet could often intimate afternoon indeed? Yeah Lifthansa. They've they've got there. They've got their annual shareholder meeting today. And of course I mean it's it's an AGM in a shareholder meeting without shareholders. Because you know everyone has to watch it removes Anyway Long Story. Short like other airlines. Lufthansa is also fighting for its survival. government bailout looks. Uh looks likely well. It looks absolutely necessary to be honest. the figure we've hurt is around ten billion euros and of course the The controversial story is that how big will the government influence be once they've provided the ten billion and you know if Lift chief executive officer. Cast boy has any say. I mean he doesn't want an easy to government people on his supervisory board and tell him how to run an airline and I think history's poorly shown that Governments aren't good owners of many assets airlines in particular. So so he. As far as we know he doesn't want the government in there but of course he needs the money so this is kind of this kind of the the question. That's that's being discussed in Berlin as we speak. How much government influence You know will will lift and up with overall. I mean the The the shares have had a pretty disastrous year. Obviously they've Haft lift has has said it will cut the number of aircraft operates permanently They've they've closed a few weeks ago. They've closed their discount Germanwings As a as a first step to to cut back on expenses so at the moment the company is burning through eight hundred million euros a month I think got fourbillion liquidity. Right now You do the math. It's it's it's not a unique situation but maybe just before we get to unique situations. Do we have any indication as to how much going to be Loans and then securities in? Are we looking at? The German state would actually go in and end up with fifteen percent right away or does that come as a second stage potentially I think I think it's really still still up in the. I mean as an example. You look at Suisse the Swiss army of of Lufthansa. They fully They got their money and the Swiss government Hey decided rather than to take a direct stake in the company which is giving medicine hundred percent owned by. Lufthansa would be difficult to pull off. Anyway Dave basically provided credit guarantees so Swiss will receive money from the banks from UBS in Credit Suisse and the government will provide guarantees to the tune of one point three billion francs at and. This is interesting because as As you said this is a wholly owned subsidiary of Lufthansa and the government and burn have also been pretty strict thing. We need to make sure that there's some pretty firm barriers erected around this to make sure that his money is not up flowing back to Frankfurt. Indeed yes I mean that was that was always a big a big concern in Switzerland and have been. They've been some voices in burn as well. Who who actually called for a direct stake for takeover of a whole airline remember? Lufthansa bought what was left off. Swiss air out of insolvency. Motza too. I remember it well. It two thousand one two thousand six on and And I think Y- for many Swiss people that still sort of disrepair bitter sweet prickly emotional his memories are very long indeed indeed and and I think many a lot of a lot of people still think we're proud independent nation and we should have our own airline and here's the opportunity to do that. But mind you the success of Swiss Over the past ten or fifteen years I mean that's also been. I think you have to see that in the context of it being part of Lufthansa Group and of the Star Alliance and if I mean it would be actually interesting an interesting experiment if possible to see how Swiss would fare outside that group structure. Absolutely tell me going back to government ownership having a a small stake in an airline. It's not unique though. Look we've just seen the French. The French government just through this crisis. I mean the French government has has had a stake in an Air France. For Very Long Time it was a state owned enterprise. They still have a percentage. You look on the other side of the Baltic Same Situation Finnair as part government owned. Klm is part government owned. So is this completely you think I mean. Of course we we as you said. Governments have no places near airlines. But then they are flag carriers At at the same time. So I I don't know if there's a Bloomberg House view On this Should we be sort of hands off these businesses or or listen? It's either. I mean literally stay on the ground or get back in the air because liquidity is going to be important again going back to doing the math and Lufthansa I mean they all strategic important assets. I mean again going back to Switzerland a trading nation. It's a small wide open economy. They need an airline to get stuff in and out they need an airline to be connected to the world so and that indeed would be the argument for some sort of government ownership rather than have no airline. Will you have a state owned partly state-owned carrier is now? I'm just don't forget lift. I mean like used to be state owned correct. Yeah just Maybe before we go we were talking to a little bit earlier. They had some results credit. Suisse how how this whispered. We've seen some results out of Paris Muffin. Bala- that's right. Yeah I mean You compared to UBS and and Credit Suisse who reported the results over the past couple of weeks BNP looked Looked pretty pretty terrible I mean they they issued. They issued a warning on the full year. The hit from the virus on their business is one point. Two billion And they they already flagged that. Net income for the year could be could be up to fifth lower than last year because of the lockdown measures. So I mean the first quarter was kind of a K. And met met estimates but billion dollars in charges For write downs including another half a billion for bad credit in the future I mean banking is not a good place to be in right now I think not every quarter Yonder hinton from Bloomberg very good to talk to you you'll see the briefing back right after this And finally today's program. We're heading to east London place. Haven't been for a while to get around up for Monaco's design editor Nolan Giles. Hello Nolan hottle. How's it going good? Everything Sunny and breezy and Hackney Wick. It is looking out on the canal. It's very beautiful. Maybe not as beautiful as the canals in Milan. Which we'RE GOING GONNA head to. I think now okay. We'll tell us so. We sent some flares up last week in a very positive way saying that of course we knew that Italy Inc Certainly Design Inc. Italy was going to be getting back to business. That has happened over the last Two two days now anyway. What's the mood? Even speaking to a variety of CEOS who've having to remobilize their businesses of course design inky Talia has just missed its biggest event of the year. The CELONA should've happened two weeks ago. I got kicked into the autumn. It's not happening now. What's the mood so the Italians have a little bit of a way to go because while they had to shut up? All of that manufacturers the Scandinavians Danes the Swedish and also the Portuguese were able to continue manufacturing so they had the jump on the Italians in a way so now that we're looking at Showrooms opening in places as big as China and orders making their way over the Italians have to cut job So that the kind of combining efforts and like you said I've been making a few pools I spoke to Roberto covad see who's the CEO of buffy out of a and his his basically you know we need to really rethink that the distribution of make it a lot more efficient where exporting overseas but also. The other thing that a lot of people really aren't thinking about is the smaller companies that his manufacturing operation all the other Italian furniture companies are working with these off designs that do the very specific and niche things. The government needs to support these small companies in Italy. Right now. They're not getting the support. So it's kind of on the industry to help Just tell US quickly when you when you look at you I mean. There's there's been so many emails when are inundated every day with yet another virtual showroom tour and it becomes very hard to cut through after while you have to look the depth and a pitch of a sofa. You won't of course Feel the wood grain on a table. Especially if you're going to be ordering a hundred of them for a hotel you get the sense talking to like Simister Gavaskar for example that there needs to be some kind of coming together this year. Of course people are going to be able to go to showrooms soon enough But but what's the mood about you're trying to bring the market at least to one place? Perhaps that place being Milan. Yeah I mean. The industry completely relies on that event. It's it's been pretty enlightening to see Now because they'd have it how they getting these products to market And there's an appetite for new releases that the needs to be a platform for these new releases to be seen on and demonstrated so there's a lot of talk about an Milan specific event. They're also talking about well if we can't get people to Milan had to run it in parallel way and maybe have something in London. Have something in Shanghai in the key markets but essentially this industry relies on people coming together and people actually sitting on and enjoying these the furniture before they bought them so it says something has to be done. Just let's head to your homeland for a moment. You said at the top of the program. Vitari thing going on in Australia when it comes to. I guess looking at a at an urban future an architecture all future of for the suburbs of Australia's great cities. Are you familiar with the mullets house? Tyler I can only imagine but maybe paint her our listeners. A A very brief picture so essentially you know Australian houses In the suburbs. That completely reliant on these backyards spaces so that compared to house to the the mullet because at the front. It's very boring and formal but at the back is a bit of a party going on. There's a swimming pool in a barbecue and actually people in India. Australia have realized not we want to be on us on the front of our houses we wanna be interacting with the neighborhoods. While we're in this period of time we need to be visible. So there's these great architects in Brisbane called M three have released. An entire manifesto called solutions in the suburbs. And they're highlighting all of these specific problems that these cool acre blocks Which are very monotonous. The same sorts of houses all having an Australia and how to address them and one of the one of the things yet. Basically reactivating these streets and getting people out there again. Well we know what you're looking for. Real estate are Nolan Giles in London. Thanks very much for that. That's all for this edition of the breathing. Today's program was produced by Reese James. Marcus hippy and holding goffin the researchers on the show where Charlie from our court and our studio Managers Been Sam. The briefing is back tomorrow at the very same time. Also do be sure to listen to our latest addition to our news. Schedules called the Late Edition. And it's live here monocle twenty four twenty two hundred. Cat Twenty one hundred hundred times sixteen hundred on the East Coast or lunchtime on the west coast. I'm Charlie from Zurich Goodbye. Thanks for listening.
German government to bail Lufthansa out of bankruptcy
"Air France a bit of a conditional type of of bailout happening there And then a lot of discussions and of course. This has been going on for for a while. Would we see Berlin looking at some type of loan scheme investment in Lufthansa? A LOT OF PEOPLE. Also saying yeah. Governments have no part of this But of course it seems like something is going to go ahead. what What do we know yet could often intimate afternoon indeed? Yeah Lifthansa. They've they've got there. They've got their annual shareholder meeting today. And of course I mean it's it's an AGM in a shareholder meeting without shareholders. Because you know everyone has to watch it removes Anyway Long Story. Short like other airlines. Lufthansa is also fighting for its survival. government bailout looks. Uh looks likely well. It looks absolutely necessary to be honest. the figure we've hurt is around ten billion euros and of course the The controversial story is that how big will the government influence be once they've provided the ten billion and you know if Lift chief executive officer. Cast boy has any say. I mean he doesn't want an easy to government people on his supervisory board and tell him how to run an airline and I think history's poorly shown that Governments aren't good owners of many assets airlines in particular. So so he. As far as we know he doesn't want the government in there but of course he needs the money so this is kind of this kind of the the question. That's that's being discussed in Berlin as we speak. How much government influence You know will will lift and up with overall. I mean the The the shares have had a pretty disastrous year. Obviously they've Haft lift has has said it will cut the number of aircraft operates permanently They've they've closed a few weeks ago. They've closed their discount Germanwings As a as a first step to to cut back on expenses so at the moment the company is burning through eight hundred million euros a month I think got fourbillion liquidity. Right now You do the math. It's it's it's not a unique situation but maybe just before we get to unique situations. Do we have any indication as to how much going to be Loans and then securities in? Are we looking at? The German state would actually go in and end up with fifteen percent right away or does that come as a second stage potentially I think I think it's really still still up in the. I mean as an example. You look at Suisse the Swiss army of of Lufthansa. They fully They got their money and the Swiss government Hey decided rather than to take a direct stake in the company which is giving medicine hundred percent owned by. Lufthansa would be difficult to pull off. Anyway Dave basically provided credit guarantees so Swiss will receive money from the banks from UBS in Credit Suisse and the government will provide guarantees to the tune of one point three billion francs
Kingpins Daily: Henry Hill
"Today's quote is from Mafia so Henry Hill an associates at the Lucchese crime family as many Italian Mafia. Al FISA COOLED. That is. He wasn't associate until his arrest in nineteen eighty off to wish he turned. Fbi informant eventually. He sold his life story to Simon and Schuster in the book. He'll explain the appeal of joining the mob at the age of twelve. My ambition was to become a gangsta. Be a wise guy to me. Being a wise guy was better than being president of the United States to be a wise guy was to own the World Hill. Wasn't the only little boy to see. The attraction of the Mafia lifestyle for decades in the twentieth century. Italian communities like Hills Brooklyn neighborhood. Brownsville showed children what joining one of the crime families could do for you. There was the wealth. The Glamour of the guns. The secrets and the rituals. The respect and fear of the community generally speaking the power joining the Mafia as hill put it was to own the world. Show the president of the United States might own the world too but he owned it from somewhere far away somewhere with alien rules kid from an immigrant family didn't know and thus was unlikely to aspire to in contrast mob guys are wiseguys as hill and his pals called them stuck around the neighborhood in their sleep cars and fancy suits. They spoke a language. The kids could understand a language drawn out of old world conceptions of honor and violence a language memorialized in storybooks in spoken around the dinner table by Sicilian. Grandpas and fact wise guys with such an integral respected part of life in many Italian American communities that they will also called goodfellas hence the name of the Iconic Award Winning Nineteen Ninety Scorsese Film. A film that was based on Henry. Hill's life story. The film like hills quote displays. Just how alluring. The life of King Pin can be despite the violence and despite the possible consequences which Henry Hill experienced in full as a young protegee of the Lucozzi organization in the early nineteen sixties. He was involved with arson gambling. Schemes truck hijacking loansharking assault and drug dealing in the early nineteen seventy S. He served four years in prison for extortion but once he got out he was back on the streets or rather at the airport. One of his most notorious crimes was the one thousand nine hundred seventy eight Lufthansa heist he and several other. Lucchese associates rubbed a cargo terminal at New York's JFK. Airport came away with five million dollars in cash and nearly one million dollars in jewels. It was one of the most lucrative cash robberies ever occur in the United States and hill and his cronies got away with it. Only a small fraction of the lutes was ever recovered and the only person convicted for the crime was an airport worker. Who abetted the thieves but hill didn't escape the law for long two years later in nineteen eighty? He was arrested on drug trafficking charges by turning informant for the FBI hill was able to weasel his way out of both harsh legal punishments and death on the streets at the hands of Lucozzi enemies after a stint in witness protection. He published multiple books about his life. And did the talk show circuit the glamorous life was still his for the taking but even getting out to the mob didn't erase the violence from hills life in two thousand three his son and daughter. Greg and Gina Hill published a joint memoir about their mafia childhood. It clarified the ways in which hills violence and drug use tore his family. Apart as Gina explained in an interview on Fox News on my seventeenth birthday. He beat me with an inch of my life and then he took a butcher knife to a picture of me. Henry Hill may not have served out the jail sentence. His crimes deserved but he and his family paid the price for his glamorous life of Mafia law the little boy in Brownsville Brooklyn got what he asked for but not perhaps what he wanted.
"lufthansa" Discussed on News-Talk 1400 The Patriot
"They were quick Mr trump there was more heated debate in the Senate yesterday over whether to call new witnesses in the president's impeachment trial house impeachment manager valve Deming says witness testimony is central to making any case it is the prosecutor's dream but Pat's at Bologna with president's defense team says no judge an indication have to ask the prosecutors well did you subpoena the witnesses are now seeking well some but not others well when you did subpoena them did you try to enforce that subpoena in court no a vote later today is expected to decide once and for all whether the Senate will be calling new witnesses buying new Capitol Hill US secretary of state Mike Pompeii was in Ukraine meeting with the back countries president Pompeii says the two sides have agreed on possible business project we see the economic opportunity for American business is coming here we talked about a handful of them I just this morning companies by name real projects presence let's go we welcome to come to Washington when we have an opportunity to good things for what the Ukrainian people in the American people will get it done I'm confident of that bears highest ranking US official to visit the country since impeachment proceedings against president trump began last year Germany's Lufthansa a union representing cabin crews have agreed on a wide ranging arbitration process to resolve a long running dispute the agreement saves all further strikes for the time being Lufthansa and the UFO union have been at loggerheads for months over many issues including pay for some.
"lufthansa" Discussed on Today in True Crime
"On but they continued investigating and in one thousand nine hundred ninety. They finally caught a break. After arresting Mobster Henry Hill on on Narcotics Charges Hill who had originally connected the bookie with Jimmy Buck to plan. The Heist was convinced. He was next on Bucks Hitlist. He agreed to testify about bucks. Involvement in hundreds of crimes unrelated to the highest with his testimony. Police managed convict buck on a separate matter charge as well as on conspiracy charges for sports betting scam Burke Burke was sentenced to forty years to life in jail for both crimes and died in prison in April of Nineteen Ninety six Henry. Henry Hill entered the witness protection program though police eventually arrested those responsible for the robbery. Most of the money from the heist was never recovered. Like so many of the Mafia's exploits. From those years. The inner workings of the Lufthansa Heist remain a mystery. Part of the legend of organized crime. I'm Vanessa Richardson. Thanks again. Cerruti for joining me today. Thank you so much for having me. And yet you can find my Papa red-handed on spotify or wherever you listen to your podcast if a listening today Andrew Crime. I assume that you like true crime and that's what we read hundred all about. We put out a weekly episode every Thursday. It's a different case every single time so so come check us out and see what you think. Thanks for listening today in true crime. I'm Vanessa Richardson. Today and true. Crime is a podcast original. You can find more episodes of today in true crime and all other podcast originals for free on spotify. Not only does spotify already. Have all of your favorite music nick. But now spotify is making it easy for you to enjoy all of your favorite podcast originals like today and true crime for free from your phone desktop or smart mart speaker to stream today in true crime on spotify. Just open the APP and type today in true crime in the search bar at par cast. Were grateful full for you our listeners. You allow us to do what we love. Let us know how we're doing reach out on facebook and Instagram at podcast and twitter at podcast asked network. We'll be back with a brand new episode tomorrow in True Crime. Today in true crime was created created by Max Cutler and is a podcast studios original it is executive produced by Max Cutler. Sound designed by Andy Weights with production assistance by Ron Shapiro Piro and Carly Madden. This episode of today in true crime was written by terrel wells with writing assistance by Abigail Cannon and Maggie Admire. I'm I'm Vanessa Richardson..
"lufthansa" Discussed on Today in True Crime
"Carried out on American soil. Welcome to today in true crime. Apar- cast original. I'm Vanessa Richardson and today. I'm joined by our guest host Cerruti of the podcast red handed along with her partner. Hannah Cerruti show covers all manner of true crime stories. Everything from serial killers to haunting ze two. Who Done? It's she's here to discuss some of the historical stoorikhel aspects of today's story while I'll cover the narrative. Glad to have you. Don't spend asa and hello. Everyone I'm thrilled to dive into. The background of this is crazy. Heist on the Mafia family. That carried out. Now let's go back to December eleventh nineteen seventy eight around three. Am just as a van. Full of gunman pulled up to a warehouse at JFK. Airport Kerry whalen yawned as he headed back to the cargo warehouse after transferring a shipment. He was so tired. He almost almost walked through the door without noticing a strange black van parked near the loading dock intrigued waylon approached the vehicle slowly squinting disappear through the windows just as he got close to men jumped out of the back and pistol whipped him on the head before whalen could even cry out. The men dragged him to the van and threw him inside though he was dazed. Waylon could feel the third man digs through his pockets and take out his wallet. The Stranger read out his address from his driver's license. Then he promised just to kill Whelan's family if he didn't do exactly as the gunman demanded waylon hurriedly nodded and promised he'd do whatever never. They asked his attackers dragged him to the loading dock. Where three other masked men were waiting there? The Group intentionally made a commotion Ocean outside the door to attract the attention of senior warehouse employees. Ralph Redman Redmond came to investigate only to be I am Bush by the six armed men outside. The intruders quickly overpowered him and forced their way inside the warehouse. They handcuffed huffed Redman and then fanned out through the hallways in search of other cargo agents after they took down to more with ruthless efficiency. They headed to the break room still dragging the wounded waylon along with them. The thieves burst into the room and forced the workers inside died down to the ground. Their guns were terrifying enough but what really scared. The warehouse. Employees was that the thieves knew each of them by name. This was no amateur robbery. It was a coordinated assault with tactics like these. The gunman had no trouble convincing a senior employees. To call in night supervisor Rudy Eirik via the Intercom Iraq was the only only guard on duty who knew the combination to the vault and was essential to the intruders. Plans three of the thieves ambushed Eric Eric. As he walked toward the cafeteria at gunpoint they forced him to lead them down to the vault. The guard opened the first of two doors meant to secure the money the thieves rifled through invoices trying to figure out which boxes in the vault contained cash. It only took them a matter of minutes to find the right shipment. They had Eirik opened the second door to the vault and quickly located the boxes. They wanted Ed while I wreck lay on the floor fearing for his life. The robbers frantically through the cash through the door by four thirty. Am It had all been loaded. Onto the van the whole thing had gone off without a hitch and had taken hardly more than an hour our the van sped from JFK to Brooklyn and pulled into a nondescript garage there. The money was transferred referred to another vehicle while the original van was driven to a scrap yard and disposed of then. The money was on the move yet again. Take this time to a safehouse there jimmy the Gent Burke the Mafia member who had orchestrated the whole thing finally got got a chance to count his score he was expecting a cool two million dollars for the job not too bad for a couple of hours of work but but as his associates went through the boxes and the total kept climbing his jaw dropped by the end they had counted nearly l. e. six million dollars burke realized he had just pulled off the largest cash robbery ever on American soil will he would be a legend but his initial celebration would soon be overshadowed by paranoia police pressure and hand murder coming up. We discussed the conclusion of one of the biggest robberies in American history Today in true crime is supported by better help online counseling people often portray their happiest via self to others. Whether it's at work or on social media we often make it appear that we have everything figured out but a lot of times. We don't I know that I don't and if you're like me it's not always easy to ask for help and find counseling. This is where better help can help you. Better help offers. Licensed counselors who who specialize in a variety of issues including depression and anxiety as well as trauma anger family relationships and so many others and and if finding a counselor that lives close to you has been an issue. Better help allows you to connect to privately with your counselor through text chat phone and video calls. You can get help at your own pace and on your own time and best of all you can get help. At an affordable rate today in true crime listeners will get ten percent off their first month with Discount Code today in true crime. That's better help dot com slash today in true crime. Why and not get help? Better help dot com slash today in true crime now back to the story on the morning of December Eleventh Nineteen Seventy eight a secure warehouse at JFK airport was raided by several masked gunmen. The robbers made off with close to six million dollars in cash and jewelry in just over an hour. My guest hosts Cerruti is going to take over from here to discuss the details of what became known as the Lufthansa Heist. Thanks thanks Vanessa. Lufthansa a German airline regularly shipped large amounts of money from currency exchanges to JFK. Most of the cash I was in small non sequential bills essentially making it untraceable airport employees. Louis Werner believed it was the perfect affect target for a heist WANNA had significant gambling debts. He tried to pay his bookie back by tipping him off about the easy school. The book he took the Information Henry Hill a friend of notorious Lucchese crime family. Associate Jimmy Buck. Buck took over the planning with the help of WANNA on the bookie. The robbery was originally scheduled to occur later than December eleven but a clerical delay expedited the heist. I usually the money. Flown in by Lufthansa was kept in the volt for only a few hours but on the weekend before December eleven a large shipment shipment was mishandled and was forced to stay in the warehouse over the weekend when when I heard about the delay he alerted his mafia context. Jimmy Bark recognized it as a golden opportunity with the delay. He and his crew would have plenty of time to get the job done early on Monday morning morning. December the eleventh when security would be lighter but though the robbery itself went off without a hitch. It didn't take long for authorities parties to determine who was responsible after all the Lucchessi crime family and the Gambino family had been pulling off jobs in the JFK airport for years after a couple of days the FBI determined Jimmy box crew were the culprits but proving it you wouldn't be nearly so easy. Buck was known to be a reckless violent man and nobody would testify against him. Luckily police caught a break and found other evidence. The getaway driver Parnell Steven Edwards was supposed to drive the robbery van to be compacted in in a junk yard off to the highest but instead he'd gotten drunk and left the van abandoned in the city. Police were covered the van and found Edwards fingerprints all over the wheel but before police could act on the evidence. Jimmy Buck had Edwards rocked for his incompetence. Doc I'm not was far from the end of the violence but also had the bookie who originally contacted Henry Hill murdered to cover his tracks. Meanwhile authorities turned their attention to the inside man Louis Werner. They built a case against him over the next few months and he was convicted for his his involvement on May Sixteen nineteen seventy-nine but fearing mob retaliation WANNA refuse to cooperate with detectives. Even even after he was convicted he had reason to be scared but continued to kill anyone who might have been able to implicate him in the theft left. By June nineteen seventy-nine eight men were dead or missing the killing spree silenced. Many and police were left with little go.
"lufthansa" Discussed on AP News
"Two percent of man made emissions worldwide Lufthansa service comes at a steep price a single academy class ticket from Frankfurt to New York is four hundred fourteen dollars more expensive if customers by the climate friendly fuel president trump's dismissing fears of recession but as a P. Washington correspondent Sager Madani reports a new survey shows the number of experts expect one in the next two years as he returned to the White House yesterday I don't think we're having a recession we're doing tremendously well the president how did an economy key to his reelection hopes are consumers are rich I gave a tremendous tax cut and they're loaded up with money but the tax cuts are one reason some economists fear a recession ease comic thirty four percent to the national association for business economics surveyed say they believe it'll happen by the end of twenty twenty one that's up from twenty five percent in February amid concerns the president's Terence and a higher budget deficits will slow the economy soccer mad Donnie Washington AP radio news I'm Jacki when Germany's central bank is issued a gloomy reports suggesting that country may be heading toward a recession that does not help the jitters in the U. S. intensified last week by a bond yield curve in version but White House counselor Kelly Ann Conway says faxes the fundamentals of our economy are very strong and you know it today the stock market rallied five years after the death in New York City of Eric garner who was wrestled to the ground by police officer Daniel Pantaleo was fired garner's mother says that's nothing compared to what she lost July seventeenth two thousand and fourteen I lost my son you cannot be place that you can get another job maybe at Burger King okay California's governor signed a bill shrinking the window in which police officers can use deadly force but he says there's work ahead one thing to sign a piece of paper pass legislation another to change hearts and minds to change culture Planned Parenthood is stepping aside from a federal family planning program are my grass here report after years of threats from conservatives to defund Planned Parenthood the organization walked away from the federal family planning program on Monday the decision was in response to a new trump administration rule prohibiting clinics from referring women for abortions court papers show that financier Jeffrey apps dean signed a will just two days before he killed himself in federal jail in New York City a law firm estimates that abstains a state was nearly five hundred eighty million dollars but it has no details on any beneficiaries the governor of Texas is calling on Facebook Google and Twitter to brainstorm with state officials on how to stop spreading the ideology of violent extremists it comes in the wake of the el Paso shooting the rock has got married Dwayne Johnson bearing his long time girlfriend in Hawaii this is a P. radio news two Muslim lawmakers are blasting Israeli leaders for blocking them from visiting congresswoman Rasheeda to leave an inline Omar question why they were kept out of Israel Omar who is from Minnesota says Congress needs to consider cutting aid to Israel stop the expansion of settlements on Palestinian land and the usual full rights for Palestinians Israel says the two were denied entry because of their support for an international boycott of the country that is considered a security threat I'm Tim acquire census bureau figures show that foreign born residents have higher rates of being employed full time in the U. S. than those who were born in this country naturalized immigrants are more likely to have advanced degrees than the native born the figures come as the US is engaged in a fierce debate over immigration I Jackie Quinn AP radio news more news right after this farmers insurance knows that there's a not so subtle difference between the sound of.
"lufthansa" Discussed on Talking Points
"I'M GONNA fly Lufthansa First Class you go in you. Transfer your point and you go into book and I'm sorry there are no more seats available on this flight and you WanNa pull your hair out and scream and throw your monitor across the room been there almost done that. American Airlines does allow for award holds but in general most of the programs have switched away from allowing people to hold award so some of this game especially with transferable points. You really need understand the transfer times. Sometimes things happen that are out of your control for example. Tanya is having this legal situation where transferring Marriott points to Latonya is now held up in the courts for this wonky law they just passed or legislation that Lufthansa's translating interestingly interestingly about currencies and whether frequent flyer miles or actually a currency but basically there is some risk to this game but there's also a big reward so understanding the transfer times T._G._I.. Has Post on all the major transferable points currencies and how long takes and as a backup before you transfer if you WANNA call phone agent and confirm that the space is they're usually you can transfer while you're on the phone and book sometimes they will charge you a fee but if you need that peace of mind paying twenty five bucks might might give you that kind of insurance policy and once again you can always say hey. This wasn't working online so can you wave that phone booking fee because I couldn't do it online and a lot of times they will waive it. Just tell them the points guy said you could just kidding. I except no legal responsibility for waved phone fees seriously okay. This has been so much fun. I love hearing from you guys.
"lufthansa" Discussed on Bloomberg Radio New York
"We had a week of gains for global equities last week, but of softness on Friday, the stock six hundred straight out of the gate is opening pretty much flat. Looking at industry groups. You're seeing a few more in the green and the red with banks and tech stocks, leading the gains travel, and leisure companies and personal and household goods leading the declines across the regional equity benchmarks the footsie one hundred opens higher by one tenth percent. The CAC forty higher by a tenth of a percent, were waiting for an opening price on the Dax, but the footsie may edging into the green as well. So some very, very muted gains as futures were indicating in terms of US futures. We're seeing those a little bit on the front foot S and P five hundred Emmys up a tenth of a percent, NASDAQ futures higher by almost a quarter of percentage point and Dow futures higher by tenth. Percent. We saw some weakness in US equity markets on Friday. Was it? The good news was read a little bit as bad news. As we got that retail sales and manufacturing output data to change anything when it came to the fed the market is still pricing, two to three rate cuts for twenty nine thousand nine economists a little more reserved, but they are starting to see a rate cut for twenty nine thousand nine according to a Bloomberg survey. And that takes us to the treasury market, the ten year yield up two basis points approaching two eleven handle again, we hit as low as two five last week, but that yield moving a little bit higher. The two year yield trading at one eighty seven and we're seeing a touch of curve flattening on the twos. Tens for a second day in European bomb markets. You see the tenure Boondi steady negative twenty five basis points, the ten year yield barely moves. Of course it's a big week for central banks. We've got the fed what we also have the B O J and the Bank of England, Dalian trades flat. One eight spots, sixty one could a dovish fed a spur the B O J to ease at some point via the conduit of a stronger yen. That's a question. Some of the markets asking themselves. As well and commodity markets. We're looking at where we were looking at a third day of gains for Brent crude falling some comments from the Saudi oil minister about output cuts. But Brent crude now steady at sixty one spot Ninety-Eight declined on the week last week, WTI fifty two spot. Forty five also pretty much unchanged. So that's how your market to set up broadly. Let's get to our stocks to watch Simon status in the studio with us, our Bloomberg stocks editor and there's lots to talk through. Let's kick it off with Lufthansa Sam you looking at. And we just gonna I think price down nine percent. The second profit warning this year, and this one very specifically focused on Eurowings, which is their low cost the low cost carrier's side of their business. So you're seeing as well that Ryan Aaron EasyJet, taking your hair. In fact, the entire sector is, is falling on the left hand numbers margins taking a big hit because the pricing pressure, the pricing competition in European low cost airlines is very, very fast. Yeah. And as you say, that's why we're seeing the travel and leisure index as I was saying, one of the worst performance on the stock six hundred if we take a look at H M as well. What are we expecting here out of the stock sales beating analysts estimates? But it wasn't a big year. Very smoggy. And I think the question for agent is not so much on the sales have been rising. The problem is, whether that is translating into profit growth, and today was just a sales update. Right. So at the moment, it looks as though investors are not particularly convinced that is going to happen because their shares they actually opened ever so slightly higher there. Now down about percent likely to change in that kind of range for that for the rest of the. Yeah, I mean, maybe some of the commentary, causing concern, they did say didn't they that there's hard work and many challenges, still remain. But they did say the transformation work has taken them in the right direction. We'll see how those have all through the day. What else are you looking at? I know we were waiting to see if maybe we saw some move on Deutsche Bank shares following that report in the FTSE, and you're also looking at some. Merger news year. That's why don't you actually they are moving a little bit this morning. There's an F T report. Their way sending up a bad back. I think any news that suggests that you're taking some really strong actions to try and strengthen the business taking pretty well there. She has about one point five percent just a moment ago. And yes, also Babcock cooking circle big UK outsourcing companies circa, apparently made a bid those confirmed this morning by Babcock earlier in the year that's been rejected. But this does seem this could be the start of potentially some consolidation in the outsourcing sector, which prophecies under pressure. With Brexit slowing down contracts, world's great to have you with us, Bloomberg stocks editor Sam instead with us in the London studio got a redhead just crossing the Bloomberg a sandwich talking that Airbus is said to get a major hundred plane. Order from Lisa, this Airbus order from elis could be worth around eleven billion dollars. That's what we're learning is the headlines are coming through, and the Airbus order from early is said to be for a two twenties and a three two. Two one x l so that's what we've got through on the Bloomberg the redhead from Airbus said to get a major one hundred plane order from elis, or let's turn to our top stories, then and US commerce secretary Wilbur Ross has downplayed the prospect of a major trade deal from the potential meeting of President Trump. And she he says the most that will come out of the g twenty summit is an agreement to resume talks negotiations broke down early last month with both sides, blaming the other. The trade will meanwhile has Intel reviewing its global supply chain. That's according to chief executive, Bob swan. He says the chipmaker doesn't believe tariffs are effective, and is encouraging the government to engage in talks. He spoke exclusively to Bloomberg in Tel-Aviv since the tariff started last year. Both with what with our manufacturing operations as well as the assembly operations of our customers have been working to mitigate the impact of terrorists by looking at more, effective ways for the movement of goods around the world, so that our products won't be more. Expensive at point of sales. That was Intel CEO baba swan. Hallway is preparing for a forty to sixty percent drop in international smartphone shipments. According to see you run junk Fe that amount to as much as thirty billion dollars in sales. That's the Trump administration's blacklist is starting to hammer one of the tech. Giant's most important businesses. If non domestic sales accounts for almost half of the over two hundred million foes, it moved in twenty eighteen now to the most read story on the Bloomberg terminal, this morning, UBS may be suffering the fallout from the Chinese pig comments by global chief economist we're told China railway construction excluded UBS from dollar bond sale. It's the first known corporate issue to distance itself from the Bank after pull Donovan's words, sparked fury. The lost fees should have only a negligible effect on UBS's figures, but CRC's decision threatens to complicate its push into China dossier is considering setting up a bad Bank unit as we touched on in stock to watch it could've. Eventually hold as much as fifty billion euros. That's according to the financial times, the plan is part of an overhaul of the German lenders trading operations, the revamp isn't finalized. But the F T reports it could see the shrinking or closing the bank's equity and rates trading businesses outside of Europe, tone into UK, politics and Boris Johnson has been ridiculed by his rivals for failing to turn up to the first TV debate of the conservative leadership race. Jeremy hunt asked if he wound debate with pretty friendly colleagues house. He could affair with twenty-seven European countries. The five who did debate on channel four clashed over how important it is Brexit happens by the end of October Dominic Robb, and Michael go disagreed about whether the next pm should suspend parliament shown you take another extension. You take off the table. You sit the legislature defend our democracy. Draw democracy. Tate britain. Against the will of Paula of the best deal. That was the Tory leadership candidates, Dominic Robb, and Michael go speaking on channel four the annual summer retreat this year is supposed to celebrate. Two decades of the euro, but as Bloomberg's Paul Gordon explains. The talk in the room is more likely to be, how to get past the short-term challenges under US lead tariff threats and political uncertainty such as bricks. If the euro zone is facing shrinking manufacturing, the Khuda spread to the services sector. The question is what the can do about it. President Mario Draghi insists there is room to cut interest rates per the below zero and to resume constant easing. Investors, though, are less confident market-based based inflation, expectations of slum to record low. Some speakers are likely to call for governments to do their bit with fiscal stimulus in Frankfurt. Paul, gordon. Bloomberg daybreak Europe. Those are your top stories now with the latest in global news, here's Bloomberg's leeann guarantees. Leeann high. Good morning, Nara. Hong Kong's government headquarters remains closed since protests against a controversial extradition, Bill continue. Bloomberg's currently says organizers claim almost two million people marched on Sunday. Please put the peak figurative around three hundred forty thousand the day after the city rose up in defiance following Kerry land suspension of a contentious extradition, Bill, hundreds of thousands of people clad in black Jim the streets on Sunday, eventually drawing a formal apology from the embattled chief executive in Hong Kong. Karen Lee, Bloomberg daybreak Europe Argentina's not ruling out cyber attack after an unprecedented power. Blackout struck five South American countries on Sunday. Bloomberg's Amy Stillman says generators at a hydroelectric politics. Paraguayan suddenly went offline Argentina's investigating the incident which began with the fault and its power grid that has yet to be explained a cyber attack has not been ruled out Mexico City. Amy Stillman bloom. Daybreak europe. Saudi Arabia has joined the US, and accusing Iran of attacking oil tankers in the strata of her Moos, Bloomberg's Antony depowered. How has the details in an interview with Saudi newspaper shark principal. Hamad bin Salman said his country isn't looking for war, but we'll do what it has to defend itself. The crown prince didn't offer additional evidence for the bombings, the Saudis of also said, Iran was responsible for explosions that hit four tankers in the area last month. Indivi- Anthony de Paulo, Bloomberg daybreak Europe.
"lufthansa" Discussed on Layovers
"And again with the Hugh of the desert of the color of the rising rising sun or the sunsetting gives like a fantastic. There's no better tower in the world, even nothing against friends from Turkey, even the one for the news tumbled airport, which also is awesome done. By Norman, foster still believed the one in be is the best hour in the world, at least, design wise. Wow. They go. So it's December. We don't have that many flights remaining thank God. Because we both have exceeded our records were not entitled people that elbow. Each other. We're not gonna mention how many flights newer how many miles because I think it's a bit sometimes of a Dick's game here. So what is what are your next destination? I just have one more flight this one more trip this year, and that's to Lisbon next week on. I'm just in and out there for a night and then back, and then I'm done. That's fantastic. Actually, I wasn't didn't mention it didn't have time in the previous episode of into Lisbon as you guys know that's another airport. We can do. Yes. Yes. Freising airport as well liquid. So many men for me, maybe as you guys you Neva in two days with Swiss, obviously, then that big big trip to Tokyo US a big normally because it's a days. But also because it's mix and match of airlines. It'd be interesting, by the way quick story before we close the show because I know that Alec. Run. This. Alert on my Email by Lufthansa you need to call us immediately. We tried to call you not to avail. Of course, it was traveling. And I'm not allow what's going on regarding my flight to Tokyo, and I'm like, oh, my they can't sell it or something. So I was supposed to fly London to Inchon with Zina paid this flight parts on miles hence calls me. And then had sixty five minutes to catch at European from insure on to narrator, it Chilean Sommese when you can do these days, and I really wanted to do because I wanted to trade in control of also at European they call me like oh my God. I I'm going to lose that. And they said it changes schedule maybe winter schedule something only have forty five minutes now. And they don't believe I'm going to make it in shown being very efficient. But the believe so they don't want to take any chances. So they rebuked me now, I'm doing London Frankfurt. Thank you. My god. I'm going to find again is like a toxic relationship. I keep saying, no and. Going back. And with Lufthansa denim doing Frankfurt Inchon with as Yana. Sadly, not thrifty really wanted. The I'm going to be the three eighty and then I'll have five hours even on before catching that option flights the Dreamliner to Japan. But he's interesting how the trying to insist to call me, and I was like I mean, it's going to be it's going to be fine three flights ago to Japan's saying a days. And then when I come back I'm going to do this time because this is a different world. I'm going to do JAL to Helsinki. And then. Yeah. Then fear phobe can recall back to London. All that's probably the next episode. It's going to be just before Christmas. We hope so we had streak of being able to record every two weeks, which is unbelievable almost bloom. Can we keep that up try in two weeks and until then happy travels to travel guys?.
"lufthansa" Discussed on Dots, Lines & Destinations
"Yeah which ironically creates a different set of problems around how do you control access how do you make sure that the person who only booked the first six hours of flight gets out when their turn his done how do you address all of the regulatory safety concerns about evacuations and things like that it's not gonna be occupied during taxi takeoff landing so some of the evacuation stuff isn't as critical but there are plenty of questions it's in the you know maybe maybe it's not it's far from those that land thing we've ever seen at the show it's what to happen and it has backers that are powerful enough to make it happen if the industry can rapids around actually doing it yeah i mean this is is this is the sort of concept wear these vendors are big enough they sorta know what they're doing that they'll put a concept like this out there and then hope that an airline shows up and says how much would this really cost okay let's give it a going the minute an airline says yes they'll then actually start manufacturing it but there's are working towards the final is designed to manufacture it so very much just a concept but it was interesting yeah it's wouldn't also be the first time passengers have access to anything down below in the lower deck thomas cook and lufthansa on eight thirty three forty respectively have laboratories on the lower deck there's little stairway in the in the rear of the middle of the economy cabin walk on down the stairs into the lap so it's been done but just not something like bits sharon i will say for those two airlines on those types people love them airline loves it because opens up more seats to sell passengers love it because instead of bending over awkwardly the curve is on the other end right since.
"lufthansa" Discussed on WPRO 630AM
"God sony sony telliano hey bill i heard you talk about alitalia national carrier visit what's going on over there well the got a little competition as to who's going to snap up alitalia the italians are gonna postpone the deadlines for repayment of bridge loans to keep them afloat the barrasso they say that there are bidders to take out alitalia lufthansa germans the germans i got the money i'm not familiar with the other ones easyjet cheap carrier that services europe up this how about this one wizz air really cheap whiz i think you know much like bill murray lost in translation you hear that over the us of laugh i couldn't get an airline so i took a whiz where's wizz air fighting around the world i'll tell you i flew them to italy twice at the guy flew the most recent times you know flew air lingus because i'll tell you stunk really awful the last time i flew the irish they strike all these strike kick the crew was miserable frowns on their face the old country seats what tight the planes nothing to write home about so this time when i went to italy i flew air airlinks the irish airline irish they're much better so i'll tell you you know we expect a lot of the italians with their products wine the cheese all that olive oil expect more and so i feel your airline once or twice didn't deliver so now i know you're bankrupt and you're going belly up there's a lot of subsidy rate for that sort of thing.
"lufthansa" Discussed on KGO 810
"They have cracked the airline morning problem air france tons emmerick what's the answer i missed this one i actually don't know the answer this but let me let me guess though because i'm gonna go with german efficiency and say lufthansa wow you're right you're kidding no i can't believe you got it good for you so they started this biometric boarding on some lights out up lax the ideas to you know get this process moving along and get people on the plane much more efficiently and quickly and they are saying that it works they boarded three hundred fifty passengers onto a three eighty in twenty minutes so it's it's resonating i think this is sort of the wave of the future i think if all goes according to plan you know it'll be biometrics will definitely be the way of the future for international trip travel anyway domestically we've seen it here i mean it's not the first airline to do it jet blue i think has been doing some of it and delta how to various airports but it seems to be working so you approach the boarding gate you with the facial scans are sent in real time to your fficials verified good to go for everything checks out you're on the plane you're out of there we'll see i i'm kind of excited about and always a little bit nervous when they have even more data on me gibbons from nonpolitical now especially now this this is getting a little out of control the other stuff going on which is also anyway okay onto binge drinking millions of americans are binge drinking one in six americans binge drink weekly how many drinks you've been destroyed that is a great question how many drinks does a binge drinker.
"lufthansa" Discussed on Dots, Lines & Destinations
"Jim did the porsche museum a couple of years so it's and it's on the property of the factory headquarters oak circle talk your across the street from the the factory which was cool and pelley you can do factory toward their winter break that would be a lot of fun and you can also do course strife oh yet exactly but safa's did know about this but i said why don't you do that when you could by lufthansa in a book tons a f reward and drive the porsche from frankfurt and he goes what you saw a paper that rental ninety nine dollars that's it though for the day right and they give you a map of february contrive fast that's a good return on investment kia as it almost makes the hundred ten thousand miles somewhat worth it we're gonna have to work on your point valuation aside almost okay uh but yes we did that and we we enjoyed your thoughts of design unit you brought us if we were at the museum fuss the design of the museum was actually pretty ingenious yeah you just because it's just like lows it flows around it's a giant ramp like the guggenheim okay but you don't feel it like the guggenheim so you're katzover at the end must white it's it's a very wide it's very gradual twenty three levels like three or four at the end of it okay i'll but you don't realize you're going up cool but and their steps all along the way she can cut okay portions often that's reid did not right off the bad we apparently the oldest section but build a stars but it was fascinating to see can i remember did you see the one that's kind of like a pig yet i got picture them they still have a negative radical had done with like to cut the meat on it yet now that's the one i remember from twenty years yeah that's what they like they were the they needed that and it lost the race and they had painted all the gets a pig onto the had a special edition dated value was the i forget the number of a special edition i was a police for the german style.
"lufthansa" Discussed on KBNP AM 1410
"Couple parked air france lies a lufthansa flies a koreanair flies it uh i in time there may well be problems with getting uh stairs on on the airplane don't i don't think we're near that yet uh rules makes an engine for a posters a consortium with key that makes an engine for a sat friend consortium right yeah yeah i i believe said i think what this isn't the aids medicine to eighty three eighty the wrong aircraft for the time i mean it is and you know where we're seeing a concentration of orders is really in the narrowbody fleet which has one hundred fifty to two hundred some airplanes and the small live body fleet which is seven eighty seven eighty three 50s a three 30s that's where the bulk of the yoder's being place those those airplane converted to fifty two maybe up to three hundred seats that's where we see the bulk of demand right now at the top of the widebody world the a3 80s and 747 and even the larger twinengine the triple seven we're seeing less demand an edge just harder to put those airplanes into markets and not have to dilute stairs to do it to airlines organized excited about those airplanes right now and again so this sort of helps that they're playing continue to roll down the road the airbus things somewhere down the road there's a lot of demand for this airplane and they're just trying to get it to say revis um until they need help it helps but it thinks it's it's hard thanks very much george fergusson senior aerospace and defence analysts to four bloomberg intelligence and dave wilson bloomberg stocks columnist now let's go to our 991 newsroom in washington dc where nancy lyons has world and national headlines nancy wealth him president trump this morning has been tweeting that nafta is a bad joke that it's unclear if he's ready to pull out of that deal negotiations on the trade agreement will resume next week in montreal and bloomberg's chief washington correspondent kevin so really says there are clear as we can look for if he plans to stay he would need to get what's known as fast track authority through the congress carter's would have to give have approval of renegotiating nafta so he would have to do that there's a deadline law he would have to do that that.
"lufthansa" Discussed on Dots, Lines & Destinations
"Pretty awkward and uh it's just an unimpressive product so hopefully not this means you know i i i would i would say in response to that is i think i agree with you that it's not anything luxurious always supposed to have been a seventy percent brought truck product right is supposed to be better than the true low and random oneoffs yeah it's you know arguably better than amorous because it's been fully flat the whole time of the rebel sons onerous armed and where you got your mental seats trip are there there are some ways enrich which makes better them united's ip d e also right there there are ways of it it's better at the same time lufthansa is still keeping first class at least for now not retiring near as aggressive lose everybody else and so they summa purposefully leave business class not quite as good because you don't want to give away everything and have people decide that you know maybe it's time i saw climbed for a soft line business yep yep that's good big gathered the character that is they are also added uh prematurely yet so slightly cheaper product uh with some features just not lie flat paceco yes operated right when we talk about the various are we find out many of the rarest remain on products over the years especially coast i've final outta talk but is it is more stacy or get back to being comfortable not necessarily a bad it's what business class originally was yet and so as we see more airlines shifting away from first class in making business class you know their top product bringing the party becomes the second product and when that happens business class gets way nicer because that is still dealers were splurging on by ultimately you also have to deal with this a problem if you will of paddled differentiate and not cameras to lash again here gone back to the earlier but the desert me get any blatter yep yep they have to do something to be different.
"lufthansa" Discussed on AP News
"To twenty percent today our business tax rate is sick fifty percent higher than our average economic competitor the tax plan would also reduce the number of individual income tax brackets and double the standard deduction but it also remove the personal exemption and possibly many state and local tax deductions and if out players and owners met the day discussing social issues including how to an hansa players platform to speak out commissioner roger goodell it reflected i think our commitment to work together with our players on issues of social justice several of the players are miami dolphins owner stephen ross says the league's policy on the national anthem did not come up the policy states of players should stand for the anthony i'd tim mcguire german carrier lufthansa wants to buy italy's bankrupt carrier alitalia it would add italian assents to those lift hansa is already picking up from ed berlin which when bush this summer lift tens that didn't say how much it bid on how much staff it would retain but it appears that the offer covers only alitalia's eight aviation business and not ground in handling signs lift tens has said in a statement that he wanted to establish a new alitalia that he said could develop longterm economic prospects alitalia declined to comment of island collision of two neutrons stars has helped astronomers uncover some cosmic see gritz including where gold comes from scientists say detectors in space and on earth picked up the crashes faint signals and mid august telescopes on every continent were able to see and measure the light and energy from the crash it caused a fierce burst of gamma rays and a gravitational wave and a faint ripple in the fabric of space and time first theorized by albert einstein the colliding stars through bright blue super hot debris into space some of it formed heavy elements like gold platinum and uranium scientists have suspected these collisions had enough power to create heavier elements but they weren't certain until they witnessed it facebook wants to stuff your face there are several online services that already offer food delivery but that doesn't mean facebook won't jump on board anyway the social media giant says ordering food for takeout or delivery is complicated it promises to help save time by bringing existing food delivery services into it's app.
"lufthansa" Discussed on AM 970 The Answer
"Uh editor period whom the characters and paul no call verio everybody has sir and in the movie in that's the pulse of character called cicero right in the move that wrecked twelve area yeah and so it no no um is tell me in alignment this and i will one encourage everybody to get the book it's really whether you're you consider yourself a mafia afficionado or union nothing about the mob the book is very readable the some great stories in here and you're gonna learn a lot and it's just it's just interesting reading it's called the big highest it's by tony distefano ill we see this year now after getting acquitted in the lufthansa case vinson a sorrow has now taken a guilty plea and is going to go to prison in all likelihood how did you come to be that he gets acquitted in this one case and now he's taking a plea for a client of a you know five years old the climb that he may have participated and what's what why is he going the prison now what would happen were there were there there was an order or are completely 2012 uh wicker sort of the core the core agassi appeared look on guard occur him and it was a crapper top number traffic was with traffic you check that yet angry about and the inner he got the two three other people involved in torturing the car the fending china driver any you know and that's where they gotta wasn't part of the lufthansa indictment back in two thousand fourteen and i don't think it really had any new gas wherever pace ever this was something that developed at a new round of informal figure but a cultivator after he got acquitted so you know you really were them move the government but the sokoto so they went after him and they got to change the newsworthy to through a lot about the government's sort of any if they if you really be if you beat the government they never really gonna let you beat the negative keep coming after he until they can give victorious something i mean that's when it's relatively and you know uh my in a crime and the scope of things but lucky facing a the whole years uh he's an old guy not very healthy from what i understand uh and.
"lufthansa" Discussed on AM 970 The Answer
"The call which are hey we're trying to get a hold of tony distefano i saw him trying to call win but for some reason uh you know we're not able to connect with him so we'll we'll continue to try with that and we're talking about the lufthansa high she's got this book out called the big heist which you probably remember fraught if you're around forty years ago you probably remember when it happened but it was a big issue do in terms of the film goodfellow if he came about after that and i have to tell you i spent a great deal of time reading this book on the beach this week in cape may i could not put this book down first of all i'm struck at a you know i thought i knew the story i read this book i didn't know anything about it i didn't know anything about it so i was struck by how well researched it was how gets into the background of all the players involved here be them law enforcement medical examiners or gangsters and then he reads like a novel and and it's really it's really riveting even though i know the outcome i know it ends in a an acquittal for vinson a sorrow um i still cannot put this book down is quite a page turner it's called the big heist the real story of the lufthansa highest the mafia and murder it gives me great pleasure to welcome my friend tony distefano tony good morning good morning to you thank you thank you so tony offer the uninitiated you know pete pol who are not the millions of tonnes a heist this was a heist that was worth what about six million dollars per at about five million and care about her return to million does hilary i am you know a late nine kuna earth seventy eight after carry on so you've got this was one of the biggest cargo heists in history right up on you know them in the program others are other airports around the world but yeah up a pulled up white hurtling say okay so now a lot of us if she gene the movie good fell as in which you know we see the the robert de niro character who in real life is a a fellow named jimmy the jet burke that organized this but so did take us through.