22 Burst results for "Tim Clark"
CNBC's Fast Money
"tim clark" Discussed on CNBC's Fast Money
"A not so obvious ripple effect of the SVB bank failure BioTech. Taking it on the chin today and all this week, in fact, we're going to explain why the Silicon Valley bank is so intertwined with the sector. And later, the housing trade has held up pretty well so far this year, but as the fed signals more hikes and credit gets tighter, could this be a spring of pain for sellers and the sector. I'm Sarah eisen in for Melissa Lee tonight. This is fast money. We are live from the NASDAQ market site on the desk tonight. Tim Clark, Courtney Garcia, Jeff mills, and Steve Grasso. Welcome to all of you. We're going to start with the latest developments on the Silicon Valley bank. Federal regulators shutting down the tech focused lender today and taking control of its deposits as the company failed to raise capital and shore up its balance sheet. SVB stock was halted before the market opened today after falling another 60 plus percent in the pre market. That, of course, on top of yesterday's 62% drop. A month ago, this was an $18 billion stock. Now, maybe worth nothing. Let's get more on what's next for the bank. And the industry, Danny fordson joins us. West Coast correspondent for The Sunday Times and Danny, you're going to have a busy weekend following what comes next, the fallout for startups. And of course, what happens to SVB? Tell us what you're looking into at this point. Well, it's going to be a very big weekend, right? Because as you have seen in the market, companies like first republic, some of these other regional banks, they've all seen their stocks crash as well because of course the fear is that this is the sign of something bigger that there is contagion. So what is happening right now I think are going to be round the clock talks all weekend so that on Monday morning they can come out and say this company has been bought by a white knight and everybody's deposits will be covered on a one to one basis and that is very important so that they can set a clear signal that this is not the sign of something much deeper and much bigger here. Yeah, I mean, that would be very positive. If they could find that, if the FDIC could find a buyer, give us a little perspective on Silicon Valley bank. 16th largest bank in the country, the size is quadrupled in the last 5 years. Talk a little bit about the influence out there. And the size and the scope here. Yeah, so it is a unique bank, right? It's a niche bank, but it's a very important niche. So they market themselves as having at least half of all startups as their clients. But what that means is that they are very exposed and what we've seen in the startup world and the tech world in the last 5 years, especially with zero interest rates. There's just been floods of money coming in from venture capital, creating all of these new companies. They've all got onto the books of Silicon Valley bank and now of course, everything's gone into reverse. They started to pull their money out. Interest rates have gone up. The bonds have bond rates have gone down and all of a sudden they found themselves in a real crunch. Hey Danny, what do you think? What do you think is the most dislocated stock action you saw today on the back of SVB? Was it first republic? Was it Charles Schwab or do you think that this has the ability to cascade further and the story grow from here? I think the hope obviously is that it stops here, right? Because this is, it's a unique bank and also that it doesn't have many individual customers. These are startups. And so then they're all controlled by basically a handful of venture capital funds. All of whom said all at once, pull your money out before it's too late. And it really shows us the herd mentality out here once a few venture capital firms tell all the portfolio companies get out. Everybody starts doing it. And they only have they have less than 40,000 commercial clients. So it doesn't take much, it doesn't take that many big accounts for to really start a run. Jeff? Hey, Danny, Jeff mills. Just a quick question about potential bank regulation. I know it might be a little bit early here, but are there any rumblings around what the implications could be relative to additional regulations coming down the pike once all this is handled? I think it's a little early for that, but again, I think that's why this weekend is going to be so important because if they can say, look, this was a liquidity crunch. It was cash crunch. We have figured it out. We put this into receivership and accounts are going to be covered on a one to one basis, then I think that will be kind of a job done. People can breathe a sigh of relief, but that's why this weekend is critical as a message to the market. And of course, to the wider banking sector. Danny, we appreciate it. Keep us posted on your reporting. What will follow it all weekend long? Good to talk to you today. Tim, there are a lot of ripple effects to talk about, whether it's in the banking session, how about the startups? They funded half of American startups. And now the and now some of these uninsured depositors are waiting to find out whether they're going to even get the cash so they can pay their employees. There
Bloomberg Radio New York
"tim clark" Discussed on Bloomberg Radio New York
"To a record this year with consumers shelling out for electronics and smart home items, hot items have included toys such as Fortnite, Roblox, and Louis. In person shopping increased this year compared to last year by 2.9% as shoppers moved on from the pandemic, according to data compiled by sensor medics solutions. Emirates, the world's largest long haul airline says it's expecting a surge in global travel on a scale beyond anything seen for many years, once China fully reopens to overseas flights. They get the story on that from Bloomberg's Charlie pellet. Emirates president Tim Clark says, while most aviation markets are already rebounding, the dropping of COVID related curves in the world's second largest economy will trigger a tsunami of bookings. Emirates is heavily dependent on Asian traffic flows with its business based around intercontinental flights that link the region with the Americas, Europe, Africa, and the Middle East via its hub in Dubai. Bloomberg's Charlie pellet, global news, 24 hours a day on air, and on Bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. I'm Susanna Palmer. This is Bloomberg. This is masters in business with Barry red holes on Bloomberg radio. I have an extra special guest and a funny story about how this podcast came about. I interviewed boaz Weinstein back in May of 2022. It was one of the most popular podcasts we did this year. And when the folks over at the Bloomberg invest conference came to me and said, hey, we're looking for somebody who's a little out of the box thinker and kind of interesting. Who might you suggest as an interviewee that was easy? I said, we just did this interview with boaz 6 months ago. Everybody seemed to really like it. He's very much an outside the box thinker. Covers everything from credit derivatives to spacs to stocks and bonds, but from a unusual perspective, not your typical investor, for example, he's been an investor in spacs because he looks at it as a guaranteed fixed income return in a time of zero with potential upside. So he's done that really, really successful. He's one of the 5 largest spac investors in the world. He's the person in case you don't know who boaz Weinstein is of Saba capital. He's the person who made the bet against the London whale, and then went to JPMorgan Chase and presented at one of their conferences and said, by the way, you guys, you have this person in London that sucking up all of the energy options, it's a wildly lopsided bet. And it's going to blow up. Oh, and PS I've bet against him. And lo and behold, when the London whale blows up 6 months later, Saba capital nets three or $400 million on the trade. Just an amazing story, an incredible ability to look at risk and figure out when it's a fair bet or when it's an asymmetrical bet where, hey, if we lose, we lose a little bit, but if we win, it's a giant home run. So he's really an intriguing person. We did the interview at the Bloomberg invest conference, so when you hear the audio of this, it's a live event, you'll hear you'll hear the audience, you'll hear people rustling papers. It's not the usual, hey, we're in a studio that's pristine and you don't hear anything other than the two of us speaking and breathing. So this was a live event, but it was so well received, and it was so interesting, and he just is such a fascinating investor we thought it would be perfect for the holiday weekend. So with no further ado, here is my live interview with Saba capital's boaz Weinstein at the Bloomberg invest live conference. So this is the first time I'm wearing a suit and tie and I don't know how long. And I'm glad he didn't tell me about the tie. Sorry guys, so. So we previously had a conversation, was it earlier this year last year? I can't even tell anymore. And there were a lot of really interesting things that came up. I think this audience would love to hear an update on what's happened since then. But I have to start by asking, you were a highly ranked chess player, as a young kid, you have a reputation as a killer, poker player and a dangerous blackjack player. These involve making probabilistic assessments about an inherently unknowable future seems like you've been setting yourself up for tail risk and derivatives and trading since you were a kid. You're giving me a lot of credit for having planned everything since I was 5. I think the only tail risk, I was thinking about when I was 5 was pin the tail on the donkey to be quite honest. So really, I enjoy games of strategy and it turns out that Wall Street is the ultimate puzzle and challenge and so yeah, so I've been working on Wall Street since I was 15 and I think at a young age I already seen a lot. So let's talk about what's going on right now. We've discussed and you've brought up how different this bear market has been from recent bear markets. What are the similarities? What are the differences? What makes 2022 so unique? Yeah, so when you think about not only what's happened, but even the investor behavior that it engenders, a lot of the television that I've lived through, I was trading while 9 11 happened. I was at the New York fed the weekend that Lehman was failing. A lot of those events, not all of them, but a lot of them were bolts from the blue. COVID, you kind of had a month for when people knew it was a thing before the market started falling. But they were both from the blue. And if you had not done anything about it, you had plenty of air cover to say, who knew? Who knew this would happen? What could I have done in advance? Whereas this one has been so telegraphed when it at least the initial part of it about inflation being transitory and then transitory and then transitory. And then not transitory. So there was a lot of time in 2021 to get worried. And very little places to hide to say, you know, it was not reasonable to have thought, what if this 40 year bull market in bonds, not only comes to an end, but does a sharp reversal. Those were things that we and other managers were talking about where the 1640 plans that were using treasuries as their as their antidote to a sell off. It turns out the treasuries were the poison. And so this has been different in that respect. It's also been different because you have so many different problems swirling around some of them in conflict with each other. So solve one at the expense of the other. And then the number of new things showing up, whether it's maybe untoward rumors about Credit Suisse or what's happening in the UK guilt market. Is it just makes the number of balls in the air enormous in terms of things no unknowns that could really cause more than a sell off, but more like a crash. Coming up, we continue our conversation with boaz Weinstein, founder of cyber capital, discussing some of the biggest trades he's been involved in, including the London well. I'm Barry Ritz, you're listening to masters
Bloomberg Radio New York
"tim clark" Discussed on Bloomberg Radio New York
"Long haul airline says it's expecting a surge in global travel on a scale beyond anything seen for many years, once China fully reopens to overseas flights. We get the story on that from Bloomberg's Charlie palette. Emirates president Tim Clark says, while most aviation markets are already rebounding, the dropping of COVID related curves in the world's second largest economy will trigger a tsunami of bookings. Emirates is heavily dependent on Asian traffic flows with its business based around intercontinental flights that link the region with the Americas, Europe, Africa, and the Middle East via its hub in Dubai. Bloomberg's Charlie pellet, global news, 24 hours a day on air, and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries. I'm Susanna Palmer. This is Bloomberg. This is masters in business with Barry riddles on Bloomberg radio. I have an extra special guest and a funny story about how this podcast came about. I interviewed boaz Weinstein back in May of 2022. It was one of the most popular podcasts we did this year, and when the folks over at the Bloomberg invest conference came to me and said, hey, we're looking for somebody who's a little out of the box thinker and kind of interesting. Who might you suggest as an interviewee that was easy? I said, we just did this interview with boaz 6 months ago. Everybody seemed to really like it. He's very much an outside the box thinker. Covers everything from credit derivatives to spacs to stocks and bonds. But from an unusual perspective, not your typical investor, for example, he's been an investor in spacs because he looks at it as a guaranteed fixed income return in a time of zero with potential upside. So he's done that really, really successful. He's one of the 5 largest spac investors in the world. He's the person in case you don't know who boaz Weinstein is of Saba capital. He's the person who made the bet against the London whale and then went to JPMorgan Chase and presented at one of their conferences and said, by the way, you guys, you have this person in London that sucking up all of the energy options, it's a wildly lopsided bed. And it's going to blow up. Oh, and PS, I've bet against him. And lo and behold, when the London whale blows up 6 months later, Saba capital nets three or $400 million on the trade. Just an amazing story, an incredible ability to look at risk and figure out when it's a fair bet or when it's an asymmetrical bet where, hey, if we lose, we lose a little bit, but if we win, it's a giant home run. So he's really an intriguing person. We did the interview at the Bloomberg invest conference, so when you hear the audio of this, it's a live event, you'll hear you'll hear the audience, you'll hear people rustling papers. It's not the usual, hey, we're in a studio that's pristine and you don't hear anything other than the two of us speaking and breathing. So this was a live event, but it was so well received, and it was so interesting, and he just is such a fascinating investor we thought it would be perfect for the holiday weekend. So with no further ado, here is my live interview with Saba capital's boaz Weinstein at the Bloomberg invest live conference. So this is the first time I'm wearing a suit and tie and I don't know how long. And I'm glad he didn't tell me about the tie. Sorry guys, so. So we previously had a conversation, was it earlier this year last year? I can't even tell anymore. And there were a lot of really interesting things that came up. I think this audience would love to hear an update on what's happened since then. But I have to start by asking, you were a highly ranked chess player as a young kid. You have the reputation as a killer, poker player and a dangerous blackjack player. These involve making probabilistic assessments about an inherently unknowable future seems like you've been setting yourself up for tail risk and derivatives and trading since you were a kid. You're giving me a lot of credit for having planned everything since I was 5. I think the only tale risk I was thinking about when I was 5 was pin the tail on the donkey to be quite honest. So really, I enjoy games of strategy and it turns out that Wall Street is the ultimate puzzle and challenge and so yeah, so I've been working on Wall Street since I was 15 and I think at a young age I already seen a lot. So let's talk about what's going on right now. We've discussed and you've brought up how different this bear market has been from recent bear markets. What are the similarities? What are the differences? What makes 2022 so unique? Yeah, so when you think about not only what's happened, but even the investor behavior that it engenders, a lot of the television that I've lived through, I was trading while 9 11 happened. I was at the New York fed the weekend that Lehman was failing. A lot of those events, not all of them, but a lot of them were bolts from the blue. COVID, you kind of had a month for when people knew it was a thing before the market started falling. But they were both from the blue. And if you had not done anything about it, you had plenty of air cover to say, who knew? Who knew this would happen? What could I have done in advance? Whereas this one has been so telegraphed when at least the initial part of it about inflation being transitory and then transitory and then transitory and then not transitory. So there was a lot of time in 2021 to get worried. And very little places to hide to say, you know, it was not reasonable to have thought what if this 40 year bull market in bonds, not only comes to an end, but does a sharp reversal. Those were things that we and other managers were talking about where the 1640 plans that were using treasuries as their as their antidote to a sell off. It turns out the treasuries were the poison. And so this has been different in that respect. It's also been different because you have so many different problems swirling around some of them in conflict with each other. So solve one at the expense of the other. And then the number of new things showing up, whether it's maybe untoward rumors about Credit Suisse or what's happening in the UK guilt market. It just makes the number of balls in the air enormous in terms of things no unknowns that could really cause more than a sell off, but more like a crash. Coming up, we continue our conversation with boaz Weinstein, founder of cyber capital, discussing some of the biggest trades he's been involved in
Bear Grease
"tim clark" Discussed on Bear Grease
"We've had a bow camp for what, 20 years, probably, and they show up on even the captain. They've got a whole pickup bed for the hogs in a big 8 point buck there. That covered, it filled the whole bed of the truck up. But telling that story about those two big hogs. Yeah, that's one of the most memorable haunts I've ever been on. So Tim Clark, you know, he's friends with all of us here. We all know Tim and we were both camp one week and Tim said, we got to go find some deer. We just hadn't found what we were looking for all week long. And so we let out and we go over to a couple different ridges and we walk in on this first ridge and we actually run into we actually run into a few hogs that day on the side of a kind of a Hickory Cedar thicket ridge. But we weren't hog hunting. We're trying to find some books on, you know, it's Halloween week, we're thinking, you know, we're looking for big bucks on. And we kind of started back kind of, well, it's hard to explain it. We're kind of headed back south where we'd originally started and pulled in on a little ridge or an old dim login road kind of, you could still make remnants of this old login road outside this ridge, and when we found that there was probably every 50 yards down that road was a fresh strike, just kind of what we were looking for and we found some wide oak acres that were in there, and there wasn't wide oak acres just everywhere that year.
Bloomberg Radio New York
"tim clark" Discussed on Bloomberg Radio New York
"Is Bloomberg daybreak Middle East, our top stories this morning. Equities hedge higher as investors weigh the prospect of large interest rate hikes from the fed, JPMorgan plays down the chance of a hundred basis point move next week. Ray dalia warns of stock pain ahead. Pressure mites on Vladimir Putin as Russian forces struggle in Ukraine, but he's unlikely to be thrown a lifeline from Xi Jinping as they meet in Uzbekistan. Sources tell Bloomberg Dubai may increase the size of its road toll operators IPO after stronger than expected demand. Plus and airlines and United put years of Discord behind them and agree to ticket selling alliance. Tim Clark tells Bloomberg that and gives us his inflation outlook. You'll see fuel prices fall, you'll see the supply chain sorting itself out. And inflation itself is a natural color of inflation simply because prices are too high and people do other things. There is an opportunity cost associated with that. So eventually it'll flatten out. Some areas it'll be a bit patchy, but it will go back to the single digit levels in the lower end of that by the middle of 24. That is my prediction. As it goes 8 am across the Emirates, I'm managed granny into Dubai for daybreak Middle East, big core by Tim Clark there from amirite, but it's the big beasts of Wall Street that are making big brave cools. You've got ray dalio, calling race a four and a half to 5% that could have an impact on stocks. It could see another draft down by 20%. If the fed has together versus the other, a veteran, let's say, of Wall Street. David Rubenstein contributor here to Bloomberg who says, when you see this amount of discontent in the markets blood on the street, you want to get in there and buy takeout opportunities. So ray dalio calling four and a half to 6% in rates. Mobius was with me. Yes, he called me 9%. I mean, that was somewhat of an outlandish call. But the core thesis by dalio is that you could have much higher inflation. Kathy would walk the walk. She stepped in about 27 stocks largest by which was Rocco. So let's roll it over from the stock market, which is eco night the smallest of games this morning NASDAQ up by 0.7% to the bond market. Yields are rising. The debate is this. Again, between Larry summers and gunlock, Larry summers wants to see a hundred of a hike for credibility gunlock says 25 basis points night avoid an overseer rates are rising. The narrative is with the fed to a hundred basis points and not blink. JPMorgan chief economist there says they're not convinced. The odds of a hundred basis point hike are less than 30 percent. And of course, Kathy Woods in the journal says the risk is this. They've got to break something that the fed before they do a U turn. Nonetheless, you've got two 30s, the deepest inversion in a century. Let me show you the curve. This is the curve that matters. I mean, a lot of the curves have indeed gone into inversion and deeper into inversion, but it is the deepest that we've seen in a century. This is an ominous sign on the landing to come. A quick snapshot of dollar yen. I mean, we did it for three days in a row, it would be disingenuous not to show you where it is. But here's the point. Verbal intervention has not brought dollar yen back to a level before CPI. Verbal intervention and a check in the market which is a physical checking and poking of the market by the authorities has not brought yen down. Single unilateral rebel intervention is insufficient in of itself to really change the narrative on yen. Juliet Ali is in Sydney, she has the Asian market rind up, so ignites more gains in the U.S., dollar yen doesn't flap. How are you doing? I'm not bad. Medicine neither equities here in Asia. We are seeing a little bit of upside coming through across the regional benchmark index by about two tenths of 1%, but elsewhere we have been seeing some weakness coming through in China's Shenzhen comp they are down by about 2%. This is on reports that cattle has announced a partnership with songwriter power in the solar energy market. We are seeing the Aussie do quite well outperforming the G ten space there that's on this improvement in the jobs rate. But a fairly flat offshore you want despite the PBOC once again setting a stronger than expected fix for a 16th day. Let's have a look at China's growth trajectory because we continue to get these downgrades coming through for China's overall economy Fitch the latest to cut the GDP growth forecast to 2.8% and China's economy actually sit for its worst year since 1990 the differential over global growth set to narrow to that lower standard course. You can actually argue that that is going to be the worst on record because China's economy has evolved so much since 1990 and will get that data dump coming through for the month tomorrow Manus. Yep, let's see what the data actually tells us in terms of delivery. Joel, thank you very much. You did Sally there in Sydney with the Asian market roundup. So the equity market, as I say, got a small boost as JPMorgan downplayed the chances of a hundred basis point hike from the fed next week. Ray dalio, as I said, warns, rates could rise to 4.5 to 6% and that could sink stock significantly. Let's get to the M live team, Mark crown field mark. I mean, everybody's clutching at straws to try and as opposed to put a floor in the equity market bath that we've taken. Ray dalio, let's hone in on this. Four and a half to 6% on rates. How real a risk is that detain inflation. Given what Tim Clark has just said, we return to norm at the end of 2023. Well, certainly, it's the direction that the fed are going to have to go. We get a much better idea, of course, next week when we get the FOMC meeting and they'll give us a new set of dot clots. And we will see where the fed committee putting their numbers for 2023. There's a decent chance that we'll see the median numbers well above 4%, which is probably where ray dalio is thinking that he got these numbers from there. And that may be not fully priced in to the market just yet. Now, whether the fed goes to four and a half percent or even 5% or some people have suggested the path is clearly for more big hikes and they've got to keep on going in that direction. So that is obviously going to be some sort of a headwind for risk assets in general, particularly for the equity market. So for people to get too excited ahead of the FOMC is probably going to be a bit dangerous for them. We saw what happened before the CPI report. People started buying equity is going into that thing. We're going to get a soft CPI and you can see it turned around very quickly when the disappointment of the CPI number came through. So we're not going to see a repeat of that going into the fed meeting. Most people have got positions probably done it already. They've already decided either they think they're report is going to support the market or not support the market. They're put on their trades already now. They're just waiting. We're going to see some choppiness between now and the air four AMC, but essentially more than a whole pattern waiting to see where are those dot plots? Yeah, was he high hawkish? They are Mark and of course, the other narrative is dollar yen. Where the singular verbal intervention is enough in itself to draw a line in the sand Mark, we could talk at length on that. We'll come back around you through the morning. That's Mark cranfield. I Bloomberg, am I strategist on the markets? Well, humiliated by lightning fast Ukrainian gains on the battlefield, Russian president Vladimir Putin is facing narrowing options as he seeks to turn the tide in his struggling, his struggling near 7 month old invasion. He's unlikely to be thrown a lifeline by Xi Jinping when he meets the Chinese leader later today in his Pakistan. Let's get more with Bruce einhorn and Steven anger, the team of standing by. So Bruce, let's take it to you first of all in terms of the theater of this meeting. I mean, we've had this relationship which was sort of open ended. Has that tilted? Has that pivoted? You're impression of what we might get at this meeting. Well, you're right. This meeting comes at a time where Russia is dealing with the word you use humiliating setbacks in Ukraine just over the last week losing a huge amount of territory that the
AvTalk - Aviation Podcast
"tim clark" Discussed on AvTalk - Aviation Podcast
"Okay, matching one world's decision or I guess agreement with S 7 to remove them from that alliance. This is long overdue. More so than S 7, but aeroflot. They had no business being in a global alliance at this point since the state owned airline operating stolen aircraft. It didn't make any sense. This one took too long by to finally the right decision was made. I wonder how many lawyers were involved with drafting the precise language necessary for that. But the decision has been taken in there now out. Should we now turn our attention to more, I guess, financial matters? Okay. Yeah, we got a nice bit of financial news here. Authors, there's plenty. We'll stick with the aircraft portion of the financial news. But Boeing issued its first 2022 first quarter results today and there's quite a bit. There's some good and some bad. Overall, not great, but there are some things that are ticking up. Not great. Not terrible. Yes, three rankin. The first thing we'll talk about, let's do the you want to do the 777 9 first. I suppose it's kind of the biggest news. It is the biggest news, but it was stripped by John oster hour at the air current a few days ago that it is officially official now that the triple 7 X program won't see its first deliveries until now at least 2025. Let's pause for shock. No, no one's no one in the room is surprised by that. Okay. Looking around. No, no, nobody's reacting surprise to that. I think everyone saw that coming. It's taking a long time to get what's essentially a derivative aircraft certified. I don't think the fault of on that is completely rests with Boeing, the FAA, I'm sure is pouring over every single detail of this aircraft and excruciating detail. But yeah, 2025, not looking great for the rollouts of this aircraft. No, I mean, if I'm a 777 9 customer. So Tim Clark and Emirates said that they're still committed to the aircraft. He said some other things. But maybe not 7, 8. Right. He said some other things about the 7, 8, 7. But it's interesting to see, I would love to be a fly on the wall. Even though he's been so much more kind of forthcoming in the past 18 months as he moves towards retirement. I would love to hear some of those conversations. Even if he's still committed to the airplane, he can't be happy about it. No, I mean, airlines were probably happy initially when COVID started that oh, great. I won't have to take delivery of this giant new aircraft. I don't need when there's no demand for it, but now we've lived through the dip in demand of COVID for the most part and I'm sure some airlines would be more than happy to take delivery of this now. Yeah, yeah, exactly. It's really emphasizes that project timelines are certification timelines for some other aircraft are just completely unrealistic. Yeah, I'm looking at boom. I'm looking at all the EV tolls and all the other electric aircraft. If it's taking Boeing this long to certify a derivative aircraft, how are any of these other companies that are making their first aircraft for the first time based on completely new technology? How are they going to stick to their deadlines? What they're saying, oh yeah, well, enter commercial service with an airline by 2024. No, you're not. Come on. Yeah, I don't think that those are reasonable. But we've talked about why those companies are so optimistic in their certification time periods before. And that sticks with the financial aspect of our discussion here today. And I'll leave it at that. The 777 9 rate will go down to zero. Through 2020 of 2023 and to pick up the slack for not building any 777 9s, they will increase the 777 freighter capacity starting in late 2023. So if you're a fan of the GE 90, it's good news for you. Yeah, there's a bit of a bridge there. But still not great. Yeah, speaking of not great, but maybe getting better. Boeing says it is submitted its, I guess, re certification plan for the 7 8 7 to the FAA and is awaiting approval for its plan on how to rework all those aircraft that are backing up and can't be delivered. So no timeline on that, but hopefully soon, maybe? Hopefully soon maybe the latest guidance from inside Boeing that we at her reported out was the second half of 2022. So sometimes this year, hopefully, if the FAA has got the plan, that's hopefully good news as well. How much needs to be reworked on the rest of those aircraft? That's still an open question, but one that if they've, if they're saying that rework has been completed on the initial airplanes. Then hopefully it seems that they figured this out. They're ready to go and they can start delivering the aircraft. The aircraft soon. I mean, I would love to see new 7 8 7 deliveries as soon as possible. You know, I just feel that they've got to get something. They've got to have some good news and they got to keep moving forward. Well, there might be some good news with the max. Tell me about that. Things are finally looking up. Are looking up the deliveries were fairly good for the first quarter. So I think that's one of the bright spots in the Boeing portfolio. Yeah, I think this was not announced during the financials, but also on the space side, the starliner is finally getting another chance at an uncrewed test launch, I think this summer, or maybe fall, I'm not quite sure I don't have the date in front of me, but that's another program that has gone horribly wrong, but should hopefully finally see its next launch after a couple of years of rework and software debugging. Yeah, getting back on track. Before we leave the Boeing earnings or first quarter report, this was a really interesting one because the CEO of a company who was on the board of directors at the time came out and said, this was a terrible deal. We never should have done this, but we did it. And so we're stuck with it. What are we talking about? We're talking about the new aircraft that will eventually be Air Force One. Plural. It's two aircraft. Yeah. Yeah. Well, no, I take that back. Yes. Now you had it right. You had it right. This one made the rounds today and it is quite hilarious that Boeing, who had obviously a 100% lock on landing the contract for Air Force One. The air force, especially under the Trump administration, was not going to sign with Airbus for the new Air Force One. But the deal they made was just so horrible. They have already lost what was it a billion 600 the total program cost would be 1.5 billion. They've lost $660 million. That's pretty astounding for a contract which was basically no bid that they had no chance of losing it. Somehow they've lost two thirds of a $1 billion. How? So part of the contract was that any cost overruns would be born by Boeing, which I guess kudos to the Trump administration because you had to have known that we're going to be cost overruns because when is there not cost overruns? When in the history of anything has something come in, especially with the president elect. Boeing has set with other military contracts like 7.67.
Bloomberg Radio New York
"tim clark" Discussed on Bloomberg Radio New York
"In the flesh and the studio So I look forward to next time long term friend of the show Muhammad Ali Ashton is the chief strategy officer at Al Dhabi capital We have much more ahead This is Bloomberg The only way to start the morning is with optimism The Dodge recovery was sluggish A lot of people agree on that Bloomberg surveillance with Tom Keene Jonathan farrow and Lisa Abramovich Finally we got some abramowitz gloom to get in there The ultimate south signal might be at least a capitulate Bloomberg's surveillance and must watch Lisa your data point go Tom you're great Never change We see mornings at 7 eastern on Bloomberg radio and Bloomberg television There are a lot of ways to look at the world right now Interesting that you've got an overweight on Hong Kong And the more of them you can access the better What has to be his strategy Perspective Who's doing school best clarity How do we get it so that the benefits get to everybody Expertise He seems to have exactly the right combination It's character plus policy Bloomberg radio the Bloomberg business app and Bloomberg radio dot com Bloomberg the world is listening Economics All this doing the gloom was out there Finally Do you see this as a technical correction investment What are you looking at to give you some sort of compass through this period The Bloomberg surveillance podcast lots and lots of talk about what the fed should and shouldn't do Tom Keene Jonathan farrow Lisa Abraham Alex and the names that shaped the world's markets We speak with professor schiller of Yale University Bloomberg surveillance Listen today at Bloomberg dot com the Bloomberg business app or subscribe on Apple podcasts Ever it's president Tim Clark says the airline will.
AvTalk - Aviation Podcast
"tim clark" Discussed on AvTalk - Aviation Podcast
"Much colder places. So I guess it would make sense if these aircraft composite aircrafts are having the same issues as the a three 50, but apparently to a lesser degree. Yeah. It's funny. I'm trying to find a picture of the upper part of the wings of a 7 8 7, but these damn things have so much wing flex anytime they're on the move. You'll have to look for one kind of like a banking, so look for departures from New York and London. Those are where you get good bank shots of departures. Air Canada wants its extra 8 two twenty's after all. So they had canceled an order for a two 20s. They said, no, we don't need them. And now this week they say, can we have our spot back? Please. I wonder how much they're going to have to pay to get their spot back or how that even works. Because typically, I have no idea. Yeah, typically, especially in aircraft like the two 20 with demand and not all that high production numbers doesn't someone else usually slot in real quick to grab that spot. I mean, if I was somebody else, I would. Yeah. I don't know. Good for your candidate, though. It's a great looking aircraft in their livery. It is. I mean, I haven't seen a bad looking. I take that back. The original C series House livery, I was not a fan of. It made the airplane look old. I'm turning around to look at my model of it and yeah, it's kind of like dotted in the back and then it's just got the kind of ugly CS 100 text on the way out of the tail. Yeah. It wasn't the greatest looking for sure. No, it made it look old, but when you put it in an actual airline livery, it looks sleek, it looks new, it looks like, yeah, that's a great airplane. Yep. Indeed it is, so a few things but before we go, one is that and this goes back to we'll tie this into the little interview portion with the Tim Clark gift where he closes the interview by saying how that deals with the high court case. I have no idea. That was Tim Clark talking about the paint issues. The other thing that happened this week, as far as the court case goes, is that the court told Airbus to hold off on the a three 21 neo order cancellation. So as part of all of this dealing, Airbus had canceled, Qatar's order for 50 a three 21 neo aircraft. This week the court said hold on, let's figure this out. Everybody take a deep breath and hold off on making that cancellation final. Because Qatar has said Qatar airways has said, well, you can't cancel our order and Airbus has said absolutely we can. And so now they're going to go back into court and they're going to talk about who's right, who's wrong in the court will decide whether or not they can actually cancel the order or not. That'll be an interesting thing. Interesting thing to see if the court says, no, you can't cancel the order. And then they build the planes in Qatar takes them, I guess. Probably at least them out, and they would never wear Qatar livery. But this has got to be the strangest court case in which a manufacturer is saying, no, we don't want to sell to you. And we're going to go to court to make sure we don't have to sell to you. It's just bizarre situation. And eventually we'll get to the point where everybody takes a big step back. They settle this somehow and then Qatar in X number of years buys Y number of planes for Z billions of dollars. The Joby prototype suffered a crash last week, that's pretty much all we know. Yeah, that's the E vtol aircraft that's been testing out in California. I think north and San Francisco, maybe. They filed, I believe it was an 8 K with the SEC very, very quietly that, hey, we experienced a crash. Nobody was hurt. The end. We don't know anything else about what happened very very actually impressed that there has not been a single leak that I have seen of the extent of the aircraft. We know there was no injuries. Thankfully, it was not a piloted aircraft, or it was remotely piloted. At least, or maybe autonomously. I don't really know. But all we know is that the aircraft crashed and that could mean who knows. Maybe it had a traumatic crash and exploded into a million pieces, or maybe the landing gear broke a little bit. We just don't know. But the NTSB is investigating. Yes. But these things happen in flight test programs. It was allegedly in a stage of flight testing where they were pushing it beyond its design specifications as you typically do in flight worthiness testing. But we just don't know. I don't love the level of transparency here because when Airbus or Boeing or flight testing a new aircraft, we see pretty much everything. And they make they make a pretty big deal about it. But in this case, we still don't know anything. So stay tuned. Yeah, we know next to nothing. So let's close the show. This is an interesting one. And I'm keen to hear everyone's thoughts on this one as well. The UK's institute of economic affairs is a think tank that came out with a study called the future of transport after COVID-19. And what they did is they looked at the how the pandemic impacted aviation, how transport consumers purchase or use various modes of transport, including aviation, and they basically argue that instead of propping up airlines instead of making aid packages available to airlines, they should have just let all of the airlines that were going to fail fail. And been done with it. That's a hell of a hot take. No. No, this is stupid. This is extremely stupid. I'm not going to say what I'm thinking. Really here, but this is one of the most monumentally stupid boneheaded studies. It could possibly release. Why would you put your name on this? First of all, kind of needed the airlines out there in business to distribute the very thing that was hopefully going to end the pandemic, which would be the vaccine really hard to distribute those without airplanes. And if you think airlines around the world are struggling to keep up with demand and stay operationally sound right now and they are, can you imagine starting from scratch? No. Because that's absurd. So quote, notwithstanding the negative impact on employees, shareholders, suppliers, and so on. A natural quote unquote natural collapse of the aviation sector might have helped to contain the pandemic. A couple of things here. And so on is doing a lot of heavy lifting. Every lifting there. No, so what would happen there? If the airlines just went out of business said, sorry, we're gone. What do you do with those airplanes? The highly trained staff that operates and crews, the aircraft themselves or the dispatchers or the people who are in the airport so none of this makes any sense. If you just don't pay attention to all of the extremely negative aspects, you know, maybe things would have been okay probably. That.
AvTalk - Aviation Podcast
"tim clark" Discussed on AvTalk - Aviation Podcast
"Fair enough. Let's see, what else do we have in the regulatory regulatory area? Oh, we have South Korea saying yes to the Korean air asiana merger. Provisionally, they haven't given the A-okay. They've given the okay, okay, now they've got to figure out what do we need to extort from this combined airline to make it palatable to the competition. Exactly. So that'll be something to keep an eye on, but they didn't say no and that's the important thing. That is important. I don't think that was ever going to happen at this point. This is a merger that seems like it really does need to happen. And it is a country where there is significant low cost airline competition. So we'll see what they have to give up. I can't imagine it's all that much, but the two combined have plenty to give. Yeah, exactly. Also with plenty to give was sir Tim Clark. Oh boy, this was a fucking who continues to speak his mind and hopefully he can come on the podcast and speak his mind. That would be great. Remind me, where there is an interview come from? We're going to work on that one. Let's see, this was published in airliner ratings, I believe. Yes. Originally. But I'm not sure where it originally. It was published in early, I'm not sure if that was the original reason for the interview or not. But it comes from Andreas faith. Yeah, so the gist of it is, as a reminder, Tim Clark is the soon to be retiring president of Emirates, who has nothing left to lose at this point. He has been extremely vocal about anything and everything you ask him at this point, basically. He had lots of jabs to throw at Boeing and Airbus. He was sympathetic to Qatar's issues with the a three 50s, which is really, I think, the first time we've seen another airline executive even acknowledged that the problem is a thing. But also that due to the obvious delays with the 777 X delivery that nobody expects Boeing to actually deliver when they say it's going to deliver, they have had to look at extending the life of their existing aircraft. This is really nothing out there that comes close to the size of the triple 7 X or the A380, so they will have to extend the life of getting this from the article about a 120 aircraft, 80 of them the A380 plus 40 or 50 777 300 ERs. That is interesting that we will see the a three 80s given some new life to last maybe up to more than 15 years through the mid 2030s, kind of unexpected as other airlines are really going at it their way to get rid of that aircraft. Yeah, I mean, their model is so unique. Unique. That I don't want to say that to say that the normal loss of supply and demand don't apply. But they kind of don't. It's almost an endless pit of demand. So they need the airplanes. Yeah. I mean, his really interesting. I thought the most interesting part of the interview was his comments about the triple 7 9 delivery schedule, which is basically he says Boeing told them that once you get the initial batch, we can't really give you any more because of the production problem, or not production prop, but production program. And Clark says, but we need our airplanes. So that's going to be an interesting thing to see how quickly Emirates can get the journal 7 9. And then like you mentioned, his comments about the a three 50 paint issue with Emirates eventually down the production line for the a three 50. Clark basically saying, hey, fix the problem, or we're not taking the plane. Yeah, if this is still a problem with whatever problem, people will not be taking those aircraft. On the triple 7 9 or the triple 7 X also interesting that Boeing has apparently also already produced 12 of those aircraft for Emirates, and they are in storage without the engines on. And because of the certification and remedial work, they don't know when they're going to get those aircraft. And of course, the line is that they're not due to be certified until July 2023, and if lucky, they'll get them 6 months to a year later. And if it's delayed too much longer, Tim Clark basically said, you can keep your aircraft. We won't need them by then. Yeah, I mean, that's kind of crazy to me, that through all of that, they would just be done with it. The other kind of, it seemed like a throwaway line, too. But where he mentions the 7 8 7 having the same paint problem. To a lesser degree. Yeah, the 7 8 7 and a quote from the interview, the 7 8 7 also has the same kind of problem, but not as bad. For example, on the wings at Etihad. So that's interesting to me because I hadn't seen that before. Had you? No, but you can be sure. I'm going to go take a look at that now. Yeah, yeah. That'll be a very interesting thing to see if there's a follow-up on it. None of it has 7 8 7s in particular old the average age of their dash 9s is only 4.6 years. So they're not that old, but much like Qatar, these aircraft are flying constantly in and out of extreme heat, probably flying to much colder places. So I guess it would make sense if these aircraft composite aircrafts are having the same issues as the a three 50, but apparently to a lesser degree. Yeah. It's funny. I'm trying to find a picture of the upper part of the wings of a 7 8 7, but these damn things have so much wing flex anytime they're on.
AP News Radio
Long-haul carrier Emirates resumes Boeing 777 flights to US
"Long long long long haul haul haul haul carrier carrier carrier carrier Emirates Emirates Emirates Emirates says says says says it it it it will will will will resume resume resume resume its its its its Boeing Boeing Boeing Boeing seven seven seven seven seven seven seven seven seven seven seven seven flights flights flights flights to to to to the the the the U. U. U. U. S. S. S. S. amid amid amid amid an an an an ongoing ongoing ongoing ongoing dispute dispute dispute dispute over over over over the the the the rollout rollout rollout rollout of of of of new new new new five five five five G. G. G. G. services services services services and and and and where where where where it it it it says says says says its its its its Boeing Boeing Boeing Boeing seven seven seven seven seven seven seven seven seven seven seven seven service service service service to to to to Chicago Chicago Chicago Chicago Dallas Dallas Dallas Dallas fort fort fort fort worth worth worth worth Miami Miami Miami Miami New New New New York York York York Orlando Orlando Orlando Orlando and and and and Seattle Seattle Seattle Seattle will will will will resume resume resume resume on on on on Friday Friday Friday Friday flights flights flights flights to to to to Boston Boston Boston Boston Houston Houston Houston Houston and and and and San San San San Francisco Francisco Francisco Francisco which which which which though though though though and and and and what's what's what's what's deployed deployed deployed deployed and and and and Abbas Abbas Abbas Abbas eighty eighty eighty eighty three three three three eighty eighty eighty eighty jumbo jumbo jumbo jumbo jet jet jet jet will will will will resume resume resume resume the the the the seven seven seven seven seven seven seven seven seven seven seven seven flights flights flights flights on on on on Saturday Saturday Saturday Saturday mobile mobile mobile mobile networks networks networks networks similar similar similar similar to to to to five five five five G. G. G. G. could could could could be be be be deployed deployed deployed deployed in in in in more more more more than than than than three three three three dozen dozen dozen dozen countries countries countries countries but but but but there there there there are are are are key key key key differences differences differences differences in in in in how how how how the the the the U. U. U. U. S. S. S. S. networks networks networks networks are are are are designed designed designed designed to to to to raise raise raise raise concern concern concern concern over over over over potential potential potential potential problems problems problems problems for for for for airlines airlines airlines airlines and and and and was was was was president president president president Tim Tim Tim Tim Clark Clark Clark Clark has has has has apologized apologized apologized apologized in in in in a a a a statement statement statement statement but but but but warns warns warns warns that that that that American American American American officials officials officials officials had had had had come come come come up up up up with with with with only only only only a a a a temporary temporary temporary temporary reprieve reprieve reprieve reprieve for for for for the the the the situation situation situation situation I'm I'm I'm I'm Charles Charles Charles Charles Taylor Taylor Taylor Taylor this this this this month month month month
Bloomberg Radio New York
"tim clark" Discussed on Bloomberg Radio New York
"I got so a few of them about Bitcoin yes it's fair to say when it breaks on records I've got to give you the repricing we're done by about 2% this morning I hardly call that an aggressive repricing on the price of Bitcoin But it certainly track in the futures with iron by 1.1% Now there is a lot of press hyperbola around Tim Clark's comments yesterday that he owns Bitcoin Tim Cook excuse me not Tim Clark Tim Cook the CEO at Apple Yes he has got Bitcoin It's in a diversified portfolio He says it fits there for him on a personal level However he doesn't intend to take apple in that direction That seems to be the take away It's reasonable to own it as part of a diversified portfolio He's been researching them for a while and he says that Apple has been looking at accepting Bitcoin but it's not something that they're going to immediately plan to do And then of course you flip flop to the other major drive with the people are justifying this rally that they're speculating I have got to emphasize how much spec there is in this That Elon Musk might sound part of his taser holding and flip it into Bitcoin There is no substance to that speculative side of that story at all None zero You're up a 129% on the year Let's move on They got the foundation It's trying to get in on the climate tech game This month the organization and the partnership with Rolls Royce to incubate the series has startups in the UK and Qatar Now the hopes of creating at least 10,000 jobs by 2040 Amran Al kwari was part of the team that orchestrated the deal Among Fox men sat down and began by asking him why the gulf energy companies move Why have they not moved a little bit more quickly to adapt to the rise of renewables Each country in the gulf has different dynamics different energy situation and different ambitions But we definitely see that things are changing I mean there's definitely a understanding that energy transition is happening And this transition is unique instead it's driven by climate change and it's a global fight towards it So each country each energy system needs to adapt to that And I think for example in Qatar and we're very well positioned because of our gas portfolio and playing a role in energy transition Having said that climate technology is way beyond just energy It's about adaptation It's about making sure you're sustainable food making sure that you're able to handle higher sea levels higher higher temperatures So it's much broader than energy And more importantly it's a $3 trillion a year economy People are forecasting the next decade or so So you want to also be part of that If you want to also benefit from debt you want to also use that as a way to help diversify your economy So I think this time things are changing And it's much broader I mean do you think that the innovations are going to come from within the oil companies or the national oil oil players themselves I knew you worked at QP now cut your energy Yeah I mean I think there are different views There's an extreme view and in some places and around the world we're seeing oil and gas companies need to be sidelined They created this problem I don't believe that I think actually oil and gas companies have a role to play They have a very important role They have ability to have ability to scale up large projects their engineering capabilities and also they have to change in terms of the international companies specifically to have capital market pressures and so on So I think it's not just oil and gas company I think everybody has a role to play Everybody has something to add And now we're seeing also progressive national oil companies that are energy taking an active role being with corporate citizen So I think it's going to be really a team effort And I think for people to say that certain companies should not be active and so on especially when they have the capital resources and technical resources to do things I think it's not really the productive way forward So I think it's going to be a combination of policy incentives and making sure that it's done in the right way but absolutely all these companies that were able to play One of the big foundational parts of a lot of the pledges that we've seen from countries in this region has been carbon capture and developing better technology around that Scientists however are super dubious Of the possibilities for carbon capture A where do you fall And what do you think has to happen if this doesn't work out I think carbon capture the interesting thing about carbon capture is not a new technology You know it's been used for years and years and decades actually and gas sector And now you're seeing it in the commercial scale it's growing I think the approach that carbon capture is a solution for everything is not the answer But I think to dismiss it as a part of solutions also not the right answer either So there is a role for carbon capture There's the various types of carbon capture carbon capture linked to power production but also more innovative kind of air capture Technology is that if you look at the IPCC if you look at the 1.5° scenarios you need these technologies and the way around it So there is this view Kind of a fool's gold or it might incentivize people not to invest in other areas But if you start looking in the real numbers you start looking at some of the industrial hard to abate sectors It becomes and some of the policies around that are coming up It becomes economical within a few years In some cases it really is And there's no reason why we shouldn't take all of the above approach to tackle climate Last question I know you are speaking this week Thursday at cop 26 about nonprofit investment and role in the climate change What's your message Message there is actually nonprofits like their foundation have a very unique role to play in climate change because we actually operate in this space between private sector public sector academia and research and we're able to not be necessarily profit driven in the short term Obviously it's not about taking longer term and we're able to take different approach And you see that around profits around the world doing that And we hope that this project will demonstrate that This project has a lot of benefits globally but also specifically for Qatar We look to create company help create companies out for an investors to actually approaches that we think that there's a huge potential to create a new breed of investors and climate.
The Cycling Podcast
"tim clark" Discussed on The Cycling Podcast
"Haven't necessarily go to set. Lock you go for the brian auger for the white. That guy. this coordinate containment one standout later. You know obviously michael valbuena and especially unveiled the to sort of gossip. Probably go very far in the rice for the rest of us including those go is going to try and go in the break going to try and just rice it on the front foot because property it'll split up you know. I just think it's kind of winds are strong with the weather. With the kabul's it's one of those days where a group guards but then on the second or third group doesn't mean you're out of the riots. You can ride back so everyone. Just has to rice weirdly. I'd be amateur style. And just protect yourself but teammate look author each other. We're not just going to have laws in the weaned burning themselves for somebody like that. I mean this is something that no one will have experienced appropriately. Where edition of power. I mean something that. The fans anticipate from the comfort sofa back and tell the nerves. Are you know as everyone coming. Through here and investor star gets closer it must had a whole other layer to the difficulty of the kabul voice in. I wanna do a pirate pie. Revi- and every year that i get close to then i pull out of that comment. It's one of those things that also with normal revived. You enjoy it after done on your really enjoying the moment because it is so hard and tonight especially. I don't know i'm just thinking to myself. Rice hundred full gas get to that. I suspect And then that's the second rice and see what happens. I'm going to definitely go with the be. More of a cautious saw that i would have done it. Calls young guy But i don't think that's this early bad decision today. I think even some other. Gosh should take that approach because say go any fought for that will and you do crash. That could be rice over. Maybe losing physicians and mike it up light off. Maybe that's why to talk when you're trying to win the rice but are the underlying. Anyone knows like what's it going to be locked so that we were in yesterday and worse than that and so it doesn't feel the last day of term school where they allow you to wear uniform or bringing some toys. I mean i can tell that the nerves are the nerves real. I mean this is also unique racing the sent even if you know you're going to be outside the time limit everyone pushes onto the velodrome donelly. Yeah i've thought about that. A thought he is. Also there's gonna come a point where wherever you are. Maybe that's coming off the front group. Well maybe that's coming off the first sector or whatever you're going to have to ultimately make that decision trying to get in and for me. It's always about trying to get in on goal again tonight. But i'm just gonna try guinean. I wanna get in There's nothing that restricts me from running out. That's all i heard fall. Well we hope to see you in nevada. I'm in a few hours time and mitch. You've been recording. Your thoughts at the week's unfolded an episode of life in the peleton and the road to route. I guess we can call it. We'll be out on wednesday. We'll thoughts. I think so. I scraped getting the thoughts on the assuming even better getting the postal so everyone lined up an on going mitchell. Boys few call once lineup. Maybe go on the bus of the fan club again. it could be an experience Image look just running the cot hot. He actually imagine running. These taffy salts mentioned running at taffy salted. i had no helmet cut cap wet by unbelievable. The cycling podcasts powered by cpa sapiens energy management the committed athletes and coaches. And now you can wear the steepest atheists energy band the first and only wearable that can display real time glucose data directly from abbots. Leigh percents glucose sports biosensor the cpa sapiens energy band is available stupid sapiens dot com for one hundred and fifty nine year. Rose thank you very much indeed to super sapiens. our title sponsor. Very grateful to them for their support. Thanks to their support that we are able to be racist like this. Not sure if that's a blessing or a curse because lionel we've less compete and we are on the third sector of couples. Where exactly are we. We're at key and we are just as the cobblestones start to rise and compete with the win. They're going to have a of across headwind here on. But when they come onto the kobe very very fast downhill with turn. And then i guess going up here into the wind just makes you a little bit safer if you look behind you. Richard that a couple of big wind turbines spinning around there at a very low keeton sort of world hour record francesco. Moser tight cadence. Oh here the r line. Well here's the breakaway disappeared in the corner. Doing off berthold lick as they are. It's a big breakaway luke. Rule on the front with johnny moss gone on his wheel. Look garbage out there. We heard from him earlier. of course. there's a breakaway there through. They've got almost two minutes on the on the bench. I'm tim clark was not breakaway. But he's having a tough time and he's back in the cars not quite surprising to see a little up damaged stalker who be heard from of course in the last part unfortunately he was wanted to a crash in the first kilometer of the race picked himself back up on the las. We heard. he's he's in the race and hopefully okay. Even before they reached the culpas over quite a few crashes stefan kuntz came off quite nastily and so far on the cobbles touch with the haven't been any crashes and that's the thing even just walking up this little section here lionel there so slippy. There's this coating of modern and water on top that make some obsolete treacherous. Yeah i mean. It's about as bad as i can ruin seeing them In any by should've said earlier. I was here for the lost trudy wet edition which surveys canavan one twenty years ago and that day the ride were coated in a sort of gray film by about sector five or six and. I suspect it's going to be the same today with. It's a bit water more water. Isn't it so that just getting wet and brown rather than covered in sludge but really unpleasant conditions. Daniel offs goes pass. Think another writer. Just playing bunches is coming and the helicopter is above heralding. Their arrival very soon mighty orbison was in the break. I mentioned spoke to start. He's having a good debut. Paired pilots here will but but what. His thoughts were.
The Cycling Podcast
"tim clark" Discussed on The Cycling Podcast
"Result ninth place and trae phenomenal. He won five four world titles in his career. I think we're going to hear from tony martin movement because he's not always easiest guy to interview. I did write about this in our book. Couple years ago when i find myself Food away from him at the finish of of wealth to stage. He almost came to hall actually on my foot and seemed the natural thing to ask him for an interview and he. He refused his only refused but refused to make eye contact as well so that was an awkward moment and he was in a more relaxed mood at the finish of the time trial and he spoke at some length there a by his bringing the curtain down in his career and his thoughts at the end of a long and very successful career. Well before we hear from tony martin. Rich i was looking back at his career because it really is on the one hand some very high profile wins and on the other some really high profile quite spectacular crashes and. He's thirty six years old now and as you say four time world time trial champion. And he's absolutely dominated. The german tom championships including a run of ten winds in raw anita five hundred state winner as well an interesting character and somebody will be good to catch up with when pops he's retired and wants to back on his career remarked in the eye and actually engaging conversation rich i don't know but he was born in east germany and nine hundred ninety five before the berlin wall came down and one of the things intrigued me about him election. I more about his family escaped east germany not long before the wall came down They did actually then moved back into the eastern part germany after unification and he actually went to the f foot sports school. Which is the same one. That masha kittle later. Went to and. That's where he began his education cyclist and he turned pro for high road road for them and usually and then did five years with omega pharma quickstep and then a couple of seasons ca tusha wet really. He looked a bit like a square peg in around hold. Didn't really have a sort of clearly defined role but that's certainly something that he founded by visa. My way he became a road. Captain fica and so we'll remember my should not only a welcome on time travel audit but also a winner of weeklong state races. One pyrenees back in two thousand eleven. He won the eneco tour three tours of belgium and was an excellent climate and very very strong in the breakaways. If you think back to his first tour to france in two thousand nine he finished second to one market on the mumbai onto stage right at the very end of that tour. i just can't forget Yeah just just onto that line. I remember home also saying that that he could have written on one pirate bay in his career. He was always trying to get him to do. He never never did folks not but he he was he he. He did different things at different points. He looked like he might be turning himself into sage race around the time of pyrenees. When and then latterly he became the sort of almost. Tim clark like figure for you movies. Ma am the writer he'd be on the front for for so long it does put ruin dennis's recent signing in a in a fresh light doesn't it because he would seem to be perhaps physically at least a replacement for twenty mark. Especially when you think of the way that dennis road in the jiro with tiogue and heart last year because one of the outstanding rides of martin's career walsh in two thousand and fourteen. Remember the stage to me which went over all the climbs in the including the grown below. I think it was us away. Solo for sixty kilometers off dropping. The everyone else in the break in the last man with him was allesandro. Marquis i think that was an outstanding state win. He held the yellow jersey in two thousand fifteen after winning the power ruby style. Stage didn't need kabul stage to cambrai was in yellow. When a couple of days later he crashed very heavily in the final kilometer of a really hectic finish and broke his collarbone into several pieces and had to pull out with a race and even in two thousand sixteen. Some interesting ends. He's tour twenty-six day and he made all the way to the show saliba poured out when they reached the team because he was experiencing knee pain. Which come on the previous day in the alps. I guess he had on the olympic time-trial re i where he was twelve and then in two thousand nineteen remember. He was disqualified from the who along with luke rowe after they had that clash of road. Captains on the road to gap. It was wasn't boiling hot day when temperatures were heated in more than one way but he perhaps that day took his role of the enforcer in visual a little bit too seriously but he did become much a part of that team's engine room. And i suppose the way. His tour ended this year a crashed on the stage to move onto and pulled out of the race but also being brought down in that incident as you said richard crashing into the sign. That was held right out into the middle of the road. And it is interesting that he's Has cited the danger in the peleton at one of the reasons. So let's hear your chat with tony martin recorded after yesterday's time time-trial where he finished six by the way to go out and and your career is a time trousers such a strong performance today..
Airplane Geeks Podcast
"tim clark" Discussed on Airplane Geeks Podcast
"There's a There's a big bio and a video that they had done Back in a two thousand sixteen and they did a nice production. And i gave remarks and all that kind of stuff. But there's a nice bio and there their talks about the history in how i got started in those kinds of things we can put a link to that in the show notes so sure so you. Listening fund can find that easily and of course also have to link for for wing vision bob It's been a fascinating conversation. thank you. i've enjoyed it. I'm just excited that Bob is either engages. Berg or frederick which are airports. I can frequent because my panicking gaithersburg and frederick's just down the street practically from here. So are your based in our the planes. Based in frederick. I have to t hangars in frederick I own a tee hangar. Kind of a condo thing out in chandler zona and then i will plays the fourth aeroplane wherever. I have a pilot for that season. So right now. I've had one in savannah georgia for quite a while did all the southeast conference for cbs. Which you're still doing and we've moved down to Saint pete clearwater where i have to pilots that are flying for me this year so that helps explain how those slow planes get places in short order. Yeah i've got two pilots have been around awhile but higher See if Insurance wants me to have five to seven hundred dollars for these folks. And they'll each plane those about five hundred dollars a year so we're doing a two thousand hours of flying beer and so it's been satisfying because i've had a lot of pilots that Have had this is kind of their first job after instructing or that kind of work and they tell me after the fact that when they went into an interview of the commuter airline wherever they moving onto people fascinated by this job because there aren't really many single engine. Jobs that you fly like this. I mean we're flying single pilot night i- afar and we're flying controlled airspace. We're working You know t- afar stuff or you know we're flying big events. We're really careful on the safety and maintenance because we know if anything happens you know it's going to be in the newspaper you know so you know we we care of or careful right well again. Bob bob wanna thank you for spending some time with us in our audience. I think maybe you've introduced a new slice of aviation that maybe people hadn't really thought much about I i know. I have watched many of these sporting events that that you've been involved in in some very recently and this sort of kind of at the the shots that can be created from that vantage point up in the sky so you really bring a lot of a lot of value to those events. Yeah well you you think the magnification. It's just mind boggling. And it'd be like having a forty five hundred millimeter lands on your camera. It's all right. Bob thanks again gentlemen. Thank you very much enjoyed it onto the aviation news. We have a couple of stories to talk about. I from simple flying dot com as emirates. Set the fly. The airbus a three eighty for the next two decades who wow recall. The airbus announced that they were ending. The a three eighty program announced that in february twenty nineteen when. They said that they would deliver the remaining orders. But they weren't going to take any new orders and of course the pandemic has not been very kind on air travel or the a three eighty. And we've seen many operators say that they are. This is it for the three eighty but dubai based emerets has three more a three eighty s to be delivered this year. And the president of emerets sir. Tim clark said this. Recently he said emerets will continue to be the largest operator of this spacious and modern aircraft for the next two decades and we are committed to ensuring that the emerets a-3 eighty experience remains a customer favorite with ongoing investments to our product and services and of course emerets is the largest operator they ordered almost fifty percents of all the a three eighty s ordered. I think number. I see is about two hundred and fifty one. Eighty three eighty s ordered in total and emerets ordered one hundred twenty. Three of those second is singapore. Who only ordered twenty four so The theory is a big part of the emerets airline and according to Sir tim clark. They're going to be around for a couple of decades. I guess i wonder. How accurately can you predict the couple of decades especially you look at crazy things that popped out of nowhere like cove it and that's really changed a lot of airlines plans and lead to a lot of aircraft being mothballed but yeah i. I would agree if if things Kind of are stable. And we don't get a major changes in the economy. Yeah i'm sure they probably couldn't let continued. Operate them for quite some time but you just never know what might come out of the blue now. Emerets is just go ahead and hello well. Yeah i was pretty much echoing. What max trescott just mentioned that The crystal ball is going to be pretty difficult. It just sounds that anybody who owns operates your cells a three eighty s seems to always have the most cheery rosie crystal ball about the future about the a three eighty. 'cause everybody the you know. They need to sell them. They need to get their money's worth so they're not going to predict doom and gloom. Because there's big hunk of metal out there that they've got to recoup their investments on now emerets has a number of these eighth threes in storage so According to data from h aviation tycom emerets has one hundred and nineteen eighty s in their fleet. Today in thirty are listed as active only thirty which according to the math means that eighty nine of them are out of service so you can wonder well why is why are they taking delivery of these these aircraft. Well one one thing. That's different is that emirates has introduced a new premium economy cabin and The new aircraft.
Sales Success Stories
"tim clark" Discussed on Sales Success Stories
"Hopefully heard the conversation ahead with tim clark number of weeks ago and just the great work that they're doing as a nonprofit around mental health from a whole variety of angles but again like this effects even when you're performing at extraordinary levels this can really screw with your head absolutely. Yeah it's had a lot of conversations with with a couple people you know at work stream specifically about this is just how do you because we've all had those deals that we lose that we they were whales and it would have you know. Got our quota for the quarter. Whatever was you lose it and you can let that just destroy you and subsequently than destroy your month or two months after that or you can like i think the biggest thing is becoming aware of preparing for for a call where you're going to find out whether or not you get this big deal or not. It's going to be totally fine. Remember like what's what's important before you go into that call and what you're going to do if you don't get the steel and so start to detach from the you know from the results and start to go into those calls saying okay. I've built a relationship. I've done all of my follow up. I've sent the proposal. I revised proposal prepared it very specifically and very you know well prepared for this this group or this company inside know that. I've done everything that i should do and should have done. And so if i don't get this deal it's going to be okay and that can translate to any piece of sales. I think you know. Hey if i don't hit my quota for this month or this quarter this year or whatever it is then. I want to build a look back and say that. I did everything that i could have done that. I did all the right things. And you know my manager should also say well. Kristen hit his co. But he did everything i i saw him i. I was with him while he did everything that he should have been could could've done..
The Cycling Podcast
"tim clark" Discussed on The Cycling Podcast
"Katie sleeping saw space looking at twenty five k. Shacking mariner phone. I'm looking forward to your architectural highlights. And lowlights dora kate but yeah cavendish made another tough day for him. He was off the back early. Got back on. Well looked after by michael. Markov and tim clark and others lost another rival today. Nasa were nassar behind finishing on the podium. Well a few times. On the francie. You abandoned as they say so. Yeah i mean once again. If the more calf gets near paris the less opposition will have on the last day. He was behind him. Struggling in front of the broom-wagon for a little bit and Eventually called a day. A biggest is actually one of the stories of we weren't going to cover at some point. The the rebirth of behind him. And we've been so focused on cavendish but behind me has also been really close to stage when this tour back to probably his best which is kinda gone. It's a story that's going on told in a way and maybe we'll ask. Connor swift are direst For more a by behind the and his trip he's like the race sonically. Well today i mean stage went for sap koos a guy who has often promised a result like this. You know it's another classic case of roget's was still in the race. He wouldn't have been in a position to win the stage. He's somebody's capable of for a long time and but when the responsibilities being given to him he sometimes struggled to deliver you know when he's given team leadership or when he's been given opportunities he really took it today and i was really impressed. With the way that you held off valverde. A wily was there was an interesting pattern again. Actually kind of explains what. I was saying before about the new patterns with these breakaway groups with lots of strong guys in there. There's really been a divine our thing in teams between the juicy. The real jesse guys. I mean the real jesse guys not the guys might ever transfer one day become a juicy writer and the guys who might have the potential to jesus writers don't have the mind for it and for stage wins. I think there's a case for sabco's if you don't give him too much responsibility you don't put too much burden on his shoulders and he goes for the stage. Wins is yeah. He's the kelly. I the long interview for fidel over with all and tell told me that the first five or six years of his career had been a nightmare because he was considered as a potential jesse container being the best young rider in twenty eleven and the five years. That followed said. we're nightmare you're under pressure. Every day you fear in the crash you fear into. Let your teammate sound. And he said the day when jonathan voters told him. Forget the gopher. Sage wins if it was a newborn rider and enjoy the job again. I think that most of the guys wear the front of the type of writers. you know they. they're great. writers are going to win a stage. Major to sage thoughts energy writers sept- coups is absolutely this type of rights. I had a message from lizzy banks to say nice to finally see set coups trying now the rest of us when we are not trying. Because i've said on the podcast before that. He just often looks so easy for sap coups when he's been lieutenant rogue lich there have been moments where he's sorry rug which has been struggling until this wheel and kucice just writing on air. You know he looks. He looks so sublime moderated by his task of servitude. He's a classic climber. You know who when things are going well for him and he's writing. Well it just looks so so easy for him on. This is a yeah. This is a success. That has been a long time coming. He lives in under. He's one of the many lives on. Jury said his girlfriend was on the climb on her parents think she's from barcelona and not was inspiration for him today. Don martin was actually very emotional. Finish talking about his wife and twin daughters being near the finish as well. So yeah you really choked up talking about that. We're seeing a a really interesting. Bothell for the king of the mountains are kind of long. Discredited competition is like a consolation prize. Either a writer on the podium as one almost banks or it's been one by somebody a modest writer really targeting. What we're seeing here are early four kentuckiana polls was on venar baffling for real quality writers. Our houses it's adding luster to this. Competition is one of the real interesting points in the race. Now there's mountains until wednesday. I'm in until almost thursday. So most of the last week will still be mountains so more excitement on the hills on the climbs and and given that. Now it's it's it's one of the most interesting conditions and that all these guys and all these teams are going for it. I'm sure we'll have really animated racist from the start and we the kind of crit- with today is probably going to be reproduced in in in the future stages which is which is rather exciting. Well i spoke to the man now in the polka-dot jersey while polls finished. Here's what he had to say.
The Cycling Podcast
"tim clark" Discussed on The Cycling Podcast
"Road today in that move of big hitters super tough super tough As soon as i came up into the breakaway. I could tell it was going to be a really really hard day and honestly Headwinds on the on the last couple of climbs Did make it a bit easier but over the top of the envelope and then facials were just incredible. The pace was so high. And i spent a lot of time. up here in Apnea and door. I have an apartment in so resident here and i knew the climb super well And that is by far the fastest ever gone up. These climbs it was insane is interesting your team onion guys place highly overall but also men in the break is well. It's not just a sign of how far charters ahead of everybody else that you're allowed to go for you and i'm vicious as well. Yeah i mean. I think no matter what position you're in Even if we go was only a few seconds behind pogo charge. And i think it's just in our interest to be in the breakaway to. We need to come back because we wouldn't be able to follow rigo and pull him off the front to to get away from in the stage so if he does that in his own and we're ahead and then we're up there to help him and that's Just a If you can pull it off. Yeah so we see more of that in the final week. Yeah we hope we hope All we can do is just keep raising our bikes and Folks on our race and hope that rigo just Continues to stay solid nielsen pilots the ef education nipple writer i also spoke to mark donovan. The team dsm writer making his debut undeterred. Franz he rode the vuelta last year. He found himself in that. Very distinguished company today and not big breakaway. They've they've had a really tough tour team. Dsm but he seemed quite happy. The finish don martin just said he thought i was the strongest break. Ever been in the third of franz. It's not what it felt like. Yeah pretty much. Yeah looking around when a form that was like. Oh we've got about half of these guys can win today or more. Yeah it was pretty crazy. crazy schoenberg was looking good on i On you you're just Just to get into. But yeah it. Nice and i felt good day which just didn't have the legs on the final climb and then i had to be unlucky. Punchers slow punch while chain bike so it wasn't ideal changed much in the end this. There's a whole day in strong wind as well. Yeah it was just constantly ice on the back in the neck water all the time. It's kind of nice being in the car. And the fumes behind you all the time and then yeah it was There was a time when After the break. I formed on the returned onto the main road as a few attacks going and no one really wanted to take control but then luckily fda took control and they just about into a headwind both so that was kinda nice for everyone else to impress you. I mean in the big names in strong writers. But who particularly impressed you. Oh i gotta say The two french Guys who worked for go to america. He was in both my first the brakes. I've been in the volts as well then also Address as well. They just pulled all day. And then yeah i think everyone else is just Pretty happy to sit in the world. How are you feeling being sent to your. I started front. Feel really good today based how unlucky Trying to get into break so many times. It's just not quite worked out but today it's really did and hopefully going into the final week. I can yeah kind of build on this chances in the third week. Yeah definitely the first half of the first week some of the movie some big. Jc fights for your show. I mean got nothing to lose some as well. Trash science is supporting cycling. Podcast at the twenty twenty one. The science in sport fueled by science. Thank you very much. Indeed to science and sport are longtime sponsor and we have been running our super sunday competition. Lionel is charged with administering guests. The winner of sunday's stage is today and if your name is drawn the slight can podcast casket. You will win. Eighty of scientists for good as lionel has not. Let me know. Yet whether anybody named sam koussa's a potential when i'm sure they did so i'm sure we'll have a winner but i'll probably say who is in tonight's episode economically competition by going to the cycling podcast dot com. And you'll see the details about how to guess. Who will win next sunday stage in paris and maybe it will be marked county because he survived. Today's stage if you want twenty five percent off your science sport goodies go to scientists board dot com and enter the code kate. Katie sleeping saw say looking at cap twenty-five her phone and looking forward to your architecture. Highlights and lowlights. yvonne. Dora kate but yeah cavendish made another tough day for him. He was off the back court early. Got back on. Well looked after by michael markov and tim clark and others love another rival today. Nasa were nassar behind the initiative on the podium. Well a few times. On of francie. You abandon as they say so. Yeah i mean once again. If the more calf gets near paris the less opposition he will have on the last day. He was behind him. Struggling in front of the broom-wagon for a little bit and Eventually called day. Shame biggest is actually one of the stories over. We were going to cover at some point. The the rebirth of behind him. And we've been so focused on cavendish but behind. He has also been really close to a stage. Win this tour back to probably his best which is kinda gone it's a story that's gone untold in a way and maybe we'll ask connor swift are direst For bit more behind the and his trip. He's like the race sonically. Well today. i mean stage went for saint koos a guy who has often promised star result like this. You know it's another classic case of roget's was still in the race. He wouldn't be position to win the stage. He's somebody's capable of for a long time. But when the responsibility being given to him he sometimes struggled to deliver when he's been given team leadership or when he's been given opportunities really took it today and i was really impressed with the way that you held off valverde a widely was there was an interesting pattern again and actually kind of explains what i was saying before about the new patterns with these breakaway groups. With lots of strong guys in there. There's really been a divine our thing in teams between the juicy. The real jesse guys. I mean the real jesse guys not the guys who might have a chance to one day become a juicy writer and the guys who might have the potential to be with with. Don't have the mind for it and goofy stage wins. I think there's a case for sabco's if you don't give him too much responsibility you don't put too much burden on his shoulders and he goes for the stage wins. Yeah i m long interview for with pio and told me that the first five or six years of his career had been a nightmare because he was considered as a potential contender being the best younger twenty. Eleven and the five years that followed the said. We're nightmare you're under pressure. Every day you fear in the crash you fear into. Let your teammates down and said the day when jonathan voters told him forget the go for stage wins if it was a new born rider and enjoy the job again. I think that some most of the guys where the front of the type of writers you know the the gray trousers are going to win a stage of major grant to sage thoughts. energy writers. Sabco's is absolutely this type of rights. I a message from lizzy banks to say nice to finally set coups trying now. He looks like the rest of us when we are not trying. Because i've said on the podcast before that. He just often looks so easy for sap koos when he's been lieutenant to raw glitch there have been moments where he's sorry rog which is starting wheel and koussa's just writing on air. I.
The Cycling Podcast
"tim clark" Discussed on The Cycling Podcast
"Day like yesterday. It's really shit and so much clash so much tension and the is still a big favorite. And i wish him all the best ball tomorrow. What was julian felipe on the time. Trouble culture for us today francois. What's the word of the day tomorrow. It's french word naive. But which is very easily understandable in english. Let's pose because i'm in. The feminine of knife is naive. and that's That's the word that's the same in in english. What why nave. Because we're we're in level. And and level is the the town of the also called the dwindling russo. Him in french. The customs officer of of level engineer who also ended the funny thing about the the about oil so that is own the level when it was when he lived. You know didn't consider him anything that i mean. It was really rubbish. You know and even even add money problems at a diamond. He asked the mayor of level of the time. That could you buy a a picture of a painting of I made an an amir ceo. No this is absolute crap. I'm not buying this now. That benton is at the moment new york. And i mean i i got an know what price is. But it's it's it's you know well over the moon but Also was one of the pyrenees of that movement of You know article called naive paintings and everything because they they were not following the cadaveric With paintings and these guys were usually self made painters so and these days of course this form of artists become especially in the twentieth and twenty percent century. Now almost the basis of what's Artists today so we're in lavaux smoke little french down. And that's where this movement in the way Was born so naive. I at so in terms of slack citing we we. We can see from time to time. Some riders may be a little bit. Naive may be found. More today was a little bit naive. Believe harsh as you could go away. But i liked naievty. I think that's a good approach to everything. And if we're more naive riders like von more. It will mean for the more exciting race. You're absolutely right And you're creating smart today. Kate weren't you in the pressure. Yeah that's true. I did a drawing of marshy From the crash from stage one. That was based on a photograph that i saw on twitter Where he's nestled among the brambles holding his shoulder very renaissance looking way but it was it felt like a really intimate photo. Because he's looking off to the side like it's it's kind of sad picture but it's also kind of he's kind of as weird serene expression on his face and i don't know it's one of those things where you go after. Draw that too. I did goody leaks kind of a piece. Yeah and you've captured that very well on the you'll find that anyone can find the Drawing on your twitter feed. I think he's on your twitter feed. What's your twitter address mcmahon. hell still. Yeah hell you can change to cycling. Lutheran lose all those architecture. Followers van diagram of architecture criticism and cycling found them. I think there's a decent overlap. Actually i know the few people i know in chicago. Who are into pro cycling. Most of them are architects. Actually it makes sense. It's kind i mean. Half of cycling is architecture anyways. I mean we're surrounded by castles and beautiful buildings all the time it's Definitely a sport at that scale to pick a building of the day. But we just don't have time to ever into the episodes I should mentioned the you're also writing for pro cycling magazine Anybody wants to read a case. Fantastic right thing and also you're writing your newsletter late. In the week. We'll have episode one of your audio diaries to episode the calm zero at tomorrow because case audio feature calm zero series tomorrow's episode as the First installment of the writer diets. Tim clark ban o'connor conor swift and victor Today's episode was twitter fronts pham and that was all a by the the last course next year. I took france vamp. Are we gonna go for dinner night. Francois this looks like a very nice place. You'll be all right. I don't know if that it'll be cheese. Because i i give two of the day. But there's actually a cheese from near fujeirah called for merged de foreseen la- chevrolet foresees is broughton breed. And so well as we as we were in britain. The goat cheese is the thing in brittany. I take this opportunity to to to to mention a couple of other cheese that you know better and i come on lever. Oh and pony of. Because we're we're we're it's the closest will be in on the storefronts to nominee nominee which is really one of the strongholds of of creamy cheese in france. And so so. I mean here. We are in love but been level of. We're not too far away from from this You know kind of homeland of combined. And maybe if we could ritchie's tonight instead of a of of a goat cheese for for one night we might mistri to go back to couches and campbell. level or vic occurs factor the quickly limited sixty seven. We came by a castle in shuttled. You do know the name of the guy who built the castle in eleventh century. His name was uncle. -til oddly enough right and and and we finished by the song of the day that there was a there. Were lots of french. Singers in nineteen seventies. They were kind of Would be crosby stills nash ca type of folk folksingers kind of bob dylan complex and most of them. You know singer. Songwriter stills nash and young. Yeah well but i didn't mention young because much better than the guy i'm girl about but we thing of granite he that's right. Yeah well this. This guy was born in fujioka. Cornucopia was the typical singer songwriter with only guitar in his voice and sank well as big hits amid these guys who declined from yet big hitting nine hundred seventy five scold of a very french song-chol so far away from la and it wentz you. You'll understand all the words for once each wentz so far away from la so long ago from frisco. I'm no one birdie. Shadow bird shadow shadow. There you are. I mean if people can see the looks on kate's face. We sort of encourage francois do with her facial expressions urging him on. It's always good to support. People who sing singing is an act of courage and it's an act of joy and should be celebrated at all costs fine words one one note to end on. Thank you very much. thank you. Thank you francois. Meal.
AvTalk - Aviation Podcast
Dallas-Based Southwest Airlines Returns Boeing’s 737 Max To Service
"In service this week tomorrow eleven so by the time the podcast comes out it will be a day into it. We've got southwest bringing the aircraft back. They're returning their 737 max fleet to service with some dedicated routes for the first month. So it'll the routes that they'll be operating on will. Just be seventy seven max shots. There won't be any crossover. You'll know if you're on a max and there's there's no chance that if you're scheduled to be on seven three seven and gee there's no chance you'll end up on a max that's an interesting way to do it at least for the start were. That's a possibility. I can't imagine that last too long at an airline the size of southwest the right. They've said they're going to do it from month. So so i i recognize that. They're trying to assuage people's fears or make people feel more comfortable or something like that But you can good for them. I guess but they'll do that for a month. And operate among some dedicated routes and then after that things kind of open up after i guess the end of april or about the middle of april. Do we know what those rocks our budgets we do. Don't have the fullest in front of me because they they were released and then they changed slightly. But i can find the link and drop it in the in the show notes perfect They're all over the place it's not they're not keeping to just you know the kind of the ex texas or anything like that. They'll be they'll be spread out but but we'll put a link in the show notes so on the heels of of that today. What reuters is reporting is that southwest has finally reached an agreement with boeing for up to three hundred seven three seven max sevens or the dash seven hundred and thirty firm orders with an option for one hundred and seventy more south west i. I would assume that they'll probably take all three hundred eventually. Yeah south west has a metric ton of seven thirty seven seven hundreds of the nj family to replace in the upcoming years. And in. we're talking about this. Before we hit the record button that it really feels like the macs. Seven was an aircraft produced solely for and to meet the needs of south. West doesn't Nobody wants the plane beside south west. Their westjet had orders in pretty much. Got rid of them. So that's that basically leaves south west. And i think there's a handful of others but it just looking at the southwest fleet the seven three seven seven hundred is by far more than double the seven three seven eight hundred current in the fleet seven three seven seven hundred four hundred ninety two seven three seven eight hundred two hundred seven and the max is almost up to seventy
The $100 MBA Show
How To Lead your Team Through The 4 Stages Of Psychological Safety
"Today's Timothy Clark is the founder and CEO of leader factor a global leadership consulting training and Assessment Organization. He's the author of five books and has helped organizations around the globe he's actually a doctor's got PhD from Oxford in Social Science. Which makes him the perfect guest teacher for. Today's topic making sure. Your team feel psychologically safe to share ideas to improve to challenge. What's going on in your company? Maybe there's a better way to do it. I'M GONNA hand it over to Timothy Clark now but will be back to wrap up today's episode and give my insights but for now. Take it away Timothy. My Name Tim Clark. Thank you for joining me today today. I'll be teaching you how to lead your team through the four stages of psychological safety. Let's get down to business. You may be familiar with Google's project. Aristotle Google studied one hundred eighty of its own teams for two years to try to identify the patterns of their best teams the highest performing teams. What did they find well? They found that the number one factor in defining characteristic of the best teams was psychological safety more than anything else. Having a high level of psychological safety was the one factor that unleashed that team. It was rocket fuel for innovation. So let me begin by explaining psychological safety most people think of it as feeling safe in a social setting. Now that's true on a general sense but let me break it down for you into concrete stages. Psychological safety is a condition in which team members can do four things. I feel included second. Feel SAFE TO LEARN. Third feel safe to contribute and fourth feel safe to challenge the status quo all without fear of being embarrassed marginalized or punished in some way. These four stages represented universal pattern reflecting the natural progression of human needs when teams and organizations progress through the four stages watch out they create deeply inclusive environments accelerate learning increased contribution and stimulate innovation. So let's jump into stage. One inclusion safety inclusion safety satisfies the basic human need to connect and be long. But what happens if you don't connect and don't feel part of the team if you're deprived of that basic acceptance validation as a human being well insured it's debilitating activates the pain centers of the brain on the other hand when others reach out and include. Us. We're happier more confident. More productive human beings want to feel part of the team in fact the need to be accepted precedes. The NEED TO BE HEARD. So you can see that. Inclusion safety is the starting point. It's the foundation that every leader needs to put in place drain your team of fear and exclusion. This is the first order of business for every leader of every team. This is where performance begins inclusion. Safety is more than a nice to have. It's a moral responsibility. Only the threat of harm can excuse us from including someone when we create inclusion safety for others regardless of our differences we acknowledge our common humanity and we reject false theories of superiority and justifications for exclusion okay. Are you ready to assess your own team? Here's the question using a zero to ten scale where one means not at all and ten means completely ask yourself. How included the members of your team feel? Give your team overall score by putting down a number as I said between zero and ten so take a second to do that. Okay so now. Let's go to stage to the second stage of psychological. Safety is Learner Safety Learner. Safety satisfies the basic human. Need to learn grow. It allows us to feel safe as we engage in the learning process asking questions giving and receiving feedback experimenting and even making mistakes. Not If but when we make them think about this we all bring some level of inhibition and anxiety to learning process. No one is completely confident. All the time we all have insecurities who hasn't hesitated to raise their hand to ask a question in a group setting for fear of feeling dumb. We all have learning as intellectual and emotional. It's an interplay of the head and the heart so if the leader creates learner safety it cultivates resilience and independence in that learning process. You're more willing to be vulnerable and take learning risks. You're not worried about feeling stupid on the other hand. A lack of learner safety triggers. What we call the. Self censoring instinct. That means we shut down retrench and manage personal risk. Why because we don't feel safe to learn great leaders create learner safety for every member of the team they giving courage to learn in exchange for a willingness to learn. Okay here's the question using that same zero to ten scale ask yourself how safe the members of your team feel to engage in the learning process. Give your team and overall score. Take a second think about that. Now let's go to stage three stage. Three is contributor safety which satisfies the basic human need to contribute and make a difference when a team has contributor safety. The members of that team feel safe to contribute as full members using their skills and abilities to participate in the value creation process. They don't hold back they lean into what they're doing with full energy and enthusiasm if you think about it. We have a natural desire to apply what we've learned to make a meaningful contribution. Why then do we dislike micro managers because they don't give us a freedom and discretion to reach our potential? Why do we like empowering bosses because they encourage US and drought our best efforts the more we contribute the more confidence and competence we develop and when we create contributor safety for others we empower them with atonomy guidance and encouragement in exchange for full effort and results? Let me repeat that. The leader gives a ton of money guidance and encouragement in exchange for full effort and results. Okay here's your assessment question using the same zero to ten scale. Ask YOURSELF HOW SAFE. The members of your team feel contribute. Give your team an overall score. Take a minute and think about that all right now. It's time to go to the final stage. The final ultimate stage of psychological safety is what we call challenger Safety Challenger safety satisfies the basic human need to make things better. It's the support and confidence. We need to ask questions such as why do we do it this way? What if we tried this or I have an idea about how to do this better? Challenger safety empowers us to challenge the status quo without retaliation or the risk of damaging personal standing or reputation gives us respect and permission that we need to descent and disagree when we think something needs to change and it's time to say so. It allows us to overcome the pressure to conform and gives us a license to innovate and be creative. At the highest level of psychological safety it matches the increased vulnerability and personal risk that are necessary to challenge the status quo when we create challenges safety. We give air cover in exchange for candor. Let me say that again. The leader gives air cover in exchange for candor. Okay here's the last question using the same zero to ten scale. How safe do the members of your team feel to challenge the status quo? Give your team and overall score. You should now have four scores in front of you. One for inclusion safety on for learner safety one for contributor safety and finally one for Challenger Safety I hope this exercise has generated insight about how to take your team to the next level of performance and also some urgency to move
Dots, Lines & Destinations
Emirates Airline Orders 50 A350 XWB at Dubai Airshow 2019
"Dubai show just happens I guess the big news out of it is Immerse orders. Yeah kind of crazy numbers. Well yes and no remember that when emerets announced they were canceling their eighth radio or significantly scaling back. The a three eighty order it was going to be swapped for three fifty three thirty Nieto's and now they sort of firmed that up. But it's only the three fifty's not party Nieto's interesting and Never wanted to mince words sir. Tim Clark basically came out and said Yeah Rolls Royce and get his act together and actually making so engines will look at three thirty Nieto's but right now they're you know not vision sufficiently reliable hardware and we need langfitt imply interest. Yes I know I think I shared in one of our the other day. There's been the three thirty are now being being a fat are now included in the Trent thousand or the trump series right not the one thousand but the trend series engine issues so that is actually becoming an issue for Some airlines that have the three thirty Nieto's in Clark Cassini knees not keen on flying planes. That can't be I mean at this point do do you think the Airbuses have had their own. Trent issues right But emrich seems to have dodged most of that Luckily I I think most of the transition so far have been on the seventy seven yes and has just recently that the three thirties have shown up in having problems with regarding the the three eighty S. Triple seven have been rock-solid I'll say recently at least your Amerson for the global community large so emerson has been very lucky slash reliable on that front and now now it's just a matter of what the hell did I do. NEX and they had the triple seven x order with the other half of the news In there still the largest civil seven x plus tomorrow tomorrow expecting customer Bud in part because of delays they are they now added seventy seven. So they're orderbook seven eight seven dash nine which I think is thirty. Yeah they're planning on taking. That's I think as a hedge a little bit against triple seven x delivery delays but also. It's hard to tell how much of emerets orderbook is someone. Someone sort of sitting down implanting like this where we want to next. This is how many people there will be there. This is how you probably these routes will be the need to do it. Versus God. Airbus some Boeing. Love US and love for us to sort of say we're GONNA be a flagship Awesome report them. So they're gonNA give us a great deal on X. Y. Z.. We should buy some of those. Yeah it was actually interesting. I'll try to put it linked to it in the show notes on an interesting story from flight global about that I mean they're kind of like throwing their weight around right. They're you're buying power weight but like how much of it is that they actually have the buying power in how much the perceived to have it. I guess what I wonder I mean. Yes they are the biggest radio operator I yes. They're currently the biggest triple seven operator since W. yes and they will be the biggest triple seven x operator assuming that happens but also like they're not not the biggest airline They do fly a lot of places they have a brand cachet that is significant. But like I don't know I'm vaguely
BrainStuff
Are Windowless Airplanes the Future of Flight?
"Today's episode was brought to you by the new Capital One saver card with which you can earn four percent cashback on dining and entertainment. That means four percent on checking out that new restaurant everyone's talking about and four percent on watching your team win at home. You'll also earn two percent cashback at grocery stores and one percent on all other purchases. Now when you go out you cash in what's in your wallet? Welcome to brain stuff from how stuff works. Hey, rain stuff Lauren vocal bomb here when commercial air travel. I started to catch on in the nineteen thirties. One of the big attractions for passengers was the chance to stare out the window at the landscape from startlingly, new perspective, high above it. Of course, many of us still like to gays out in wonder from those little portal's a survey by courts in two thousand fourteen found that more than half of Americans prefer having a window seat on an airline, though, people who fly more than once a year are more evenly split between window, and I'll seats that's why you may be surprised to learn that for decades aircraft designers have been contemplating planes with video screens instead of passenger windows back in the mid nineteen nineties. Nasa actually built and flew an experimental Boeing seven thirty-seven with a windowless cockpit equipped with digital and infrared cameras and video monitors and in two thousand fourteen the UK based center for process innovation unveiled design for a windowless airliner in which the entire interior. Of the cabin would be lined with thin. Flexible, high definition video screens that would provide lighting and entertainment as well. As a more expansive view of the outside, but concept has been put into practice. Lest April Dubai based airline Emirates debuted Boeing seven seventy seven's with enclosed private suites equipped with virtual windows to provide of you of outside from the middle of the plane. We spoke by Email with Jerome demar an emerets public relations official. He said the virtual windows were installed for first class suites located in the middle aisle as they are fully enclosed suites with floored ceiling doors, and passengers would not be able to view the windows on the sides of the aircraft. We asked him how they worked and he explained these virtual windows projected the view from outside the aircraft using real time camera technology, the cameras are placed in strategic locations to offer. Passengers a real time view outside the aircraft. The actual view is determined by which side of the aircraft the entrance to the suite is writer. Left that is the view that will appear in these centres suites. The cameras are high resolution devices, which offer a very clear wide view of the outside the virtual window provides a sharp, clear realistic view of what's outside anecdote. Passengers of told us, they prefer the view to that of real windows in a BBC news article emerets president, sir. Tim Clark was quoted about the future possibility of planes without windows. But Demere said that there are no current plans for a windowless airliner. However, at least one aircraft manufacturer does aim to go windowless on a smaller scale for the past several years, a privately owned, Boston based company, spike aerospace has been working to develop a spike s five twelve and eighteen passengers supersonic business jet packed with technology that will enable it to cut travel time significantly without excess you'll consumption or loud, sonic, booms. And we'll do all of that. Without passenger windows. The aircraft's design will include what spike airspace calls a multiplex digital cabin. Instead of gazing through the usual, small portal windows. Passengers will be able to watch a pair of twenty foot long. That's six meter digital video screens that will stretch the length of the cabin on either side of the aircraft. Multiple high definition cameras mounted on the exterior of the plane will provide four K video which computers in the aircraft was stitched together. Using special software developed by the company we spoke with spike airspace. President and chief executive officer, Victoria, who explained whatever image. You want to see can be displayed you can see left or right in front of the plane or behind it looking down or up into the sky. It's a more panoramic view than the very limited view that you can see out of a porthole window. Eliminating conventional acrylic glass windows from an aircraft could have other advantages as well, it would insulate the fuselage making it possible to reduce noise. From the engines, it would also strengthen the aircraft and make it safer. Some serious engineering goes into making those windows sturdy enough to withstand the stresses of flight and besides providing a more expansive view such a video system could also utilize geo location and display augmented reality data about the landscape that the plane is flying over or passengers might be able to choose from other content a display movies, for example, or PowerPoint presentation. The aircraft's pilots would still have a conventional window in the cockpit along with some of that advanced video technology Katori says that spike airspace has several more years of engineering to complete on their aircraft. And then has to go through the testing and certification process. He envisions delivering the first jet without conventional passenger windows in twenty twenty-five initially only corporate executives and people wealthy enough to afford a private jet would be able to experience. Airspaces windowless flights. But you expects that the innovative technology eventually will find its way into regular airliners as well. Today's episode was written by Patrick Jake, Hyder and produced by Tyler claim brain stuff is a production of iheartradio's how stuff works for more on this and lots of other panoramic, topics. Visit our home planet. How stuff works dot com. And for more podcasts for my heart radio. Visit the iheartradio app apple podcasts or wherever you listen to your favorite shows. Today's episode is brought to you by smart water twenty years ago. Smart water, reimagined, what water could be from thoughtful bottle designed to supporting smart people who are changing our world through fresh thinking. Like, you smart water has added electrolytes for taste and great tasting water helps you stay hydrated, feeling refreshed and ready to take on your day. Refresh yourself with smart water.