airbus is set up in china. there is a window of opportunity that at some point will close on china because the chinese are producing airplanes and they're going to get better at it. they have a company -- at the moment it is a duopoly in the world, it is not going to last forever. boeing is struggling to sell into that market. airbus is not. alix: i feel like there are a lot of industries. i am thinking about caterpillar in particular, where china is trying to manufacture the low hanging fruit. it is not the super fancy stuff, but the lower rung equipment china can make itself. that will disrupt the whole corporate supply chain. interesting conversation. good interview. guy: is a hugely changing world, and your point about what is happening with the esg story, that will be the big shift over the next few years in terms of what this industry has to go through. i do not think anybody has their arms around understanding how we are going to see this happen. hydrogen in batteries? whipped cream has a higher density

airbus hasn't delivered a lot of wide bodies in 1q. the boeing problem is definitely the max and getting that going. we are looking for the recertification in china. that is going to help boeing amp up some of those deliveries. that is going to generate revenues and cash. but right now the chinese haven't allowed that airplane to fly, so airbus actually gains on that. you will see a much better quarter for deliveries from airbus because they are delivering into china, and because they haven't had a problem with their program. so the funny thing is these programs, there's both pandemic and company specific problems, but they are getting sorted. guy: does boeing have a geopolitical problem in china? the u.s. and china are heading for a new cold war, according to some. in boeing cell airplanes in china in that kind of environment? george: i think they do. the biden adminstration is very different from the trump administration, and they are trying to get more of the allies involved in this discussion with china as we manage the future huma

airbus posts a big jump in first quarter operating profit, but warns the crisis isn't over. >>> oil major shell hikes dividend for the second time in six months as earnings soar in the frs qirst quarter >>> epprices are back before pre-pandemic prices. >>> and sales of 5g and network sk equipment increase as nokia is on on the move. >>> and president biden looks to the first 100 days as he addresses the first joint session of congress. >> in the first 100 days, i can report to the nation, america is on the move again. >>> welcome to "street signs." we have a busy earnings day. airbus has warned that quote the crisis is not yet over for the industry amid the pandemic reporting a 2% dip in first quarter revenues shares are moving up this morning to the tune of 2%. charlotte has been looking at these numbers. >> reporter: that is right that's what the big expectation is for airbus. revenue was flat compared to the first quarter with the cash flow number it had positive comments there overall, we saw from the delivery numbers, 125 aircraft in the first quarter which was better than the first

guy: let's talk about what is happening at airbus. how confident are you that ramp will happen and how smooth do you think it will be? we are coming out of a pandemic, we are coming out of a crisis. what you think the bottlenecks will occur? bernard: we follow what our clients asked. very vocal on the strong -- airbus has been very vocal on the strong recovery starting in the second half of 2021 and more increased rates of deliveries in 2022 and 2023. we are making ourselves ready. we think we may have bottlenecks here and there in the supply chain, but not that big that it could prevent us from ramping up again. it will be the second ramp-up of the engine after the ramp-up in 2019. we are preparing ourselves for the second ramp-up that will be an exciting story. there is no reason why we should not be ready to face it. guy: that is the second -- alix: that is the second ramp-up, like you said. what shareholders are also starting to ask is sustainable aviation, which is quite difficult. what kind of engines are you going to have to st

they had been flirting with the airbus to 20, so that was big -- the airbus 220, so that was big. but i don't think we are going to see a wave of new jet ordering on the magnitude that would really change the narrative for boeing. the problem is they have so much debt that they have taken on to manage through this crisis. the one thing i am looking to hear more about, recently they announced their cfo was going to be stepping down. he's been at the company for a very long time. they haven't named their replacement yet. are they looking to make some strategic change here? would they be looking outside of the company? those are questions i expect to be asked tomorrow. when it comes to airbus, boeing is at a competitive disadvantage right now. with every thing they've had going on with the max, airbus has just picked up a lot of market share in the narrowbody market, and they do have that a220. that is cornering a really attractive corner of the market as we go through this recovery. they also have the longer-range version of their a320, which is going to be appealing to a lot of the

-- our manufacturers in airbus and engine manufacturers. the low cost of capital from buying huge amount of aircraft at a large quantity to get discounts, there's a lot of tricks to the trade, and just having capital doesn't cut it. guy: ok. i've got 30 seconds left. our people -- do you think there will be smaller aircraft being ordered? john: clearly the wide-body space has transitioned from the largest mega aircraft in the 747s and now to the smaller wide bodies. because there's less passengers and more point-to-point travel. guy: thank you very much for your time. the european close is coming up next. this is bloomberg. ♪ ♪ guy: from london, i'm guy johnson. alix steel is over in new york. we are counting you down to the rpn close on "bloomberg markets -- to the european close on "bloomberg markets." football seeing its biggest split in decades as the world's richest clubs, including manchester united and real madrid, breakaway from the ua for champions league to form a super league -- the uefa champions league to form a super leagu

as for boeing the american plane manufacturer and its european rival airbus both sell about a quarter of their planes to china but china has been reluctant to purchase the $737.00 boeing max after fatal crashes caused by its faulty in c.s. system and while the jet has been redesigned and approved to fly in the u.s. beijing says that it will take a step by step approach before proven in the future purchases of that jet reporting for us to touch suites are. in the face of unprecedented the lockdown measures last year the u.k. was one of the countries to offer loans to the small businesses that were directly impacted but now it appears that their relief also went to dozens of wrister kratz that's right the latest data shows that at least 50 nobles including dukes earls and wide counts turn a public funds in order to pay staff to maintain their mass of the states and their multimillion dollar art collection so joining me now to this just the latest scandal is jeffrey tucker editorial director of the american institute for economic research ok jeffrey not only did these individuals come fr

for example is the cease fire in the airbus boeing case and the or at least temporarily not an ex thing off would tend to target terrorists but a lot of what needs to be done i think especially in trying to the u.s. to has the state the steel and the unions have in place and that is the big big stumbling block for the transatlantic relationship or a story bill their head of the aspen institute of germany thank you so much for your time thanks for having me. let's take a look now at some of the other business stories making headlines. apple's profits double quarter on quarter to over $23000000000.00 sales to china also nearly doubled and results topped analyst targets in every category the global semiconductor shortage that has hobbled many auto makers seems to have left apple unscathed. higher ad spending by businesses during a pandemic induced surge in online traffic provided facebook with strong business last quarter revenue grew 48 percent over $26000000000.00 beating market expectations earnings almost doubled year on year to $9500000000.00. boeing has paul's deliveries of at $737.0

to 125 p5 planes from airbus they are expected to be delivered in the first half of next year. brian. >> bertha coombs, thank you very much. >>> from airplanes to this it is not every day you get a live rocket launch this morning is special. it is happening. let's get a live look now at kennedy space center in florida. spacex launching the second only operational crew mission to international space station he this launch is critical as it reuses the falcon 9 rocket bringing spacex closer to one step closer to fully reusable orbital space flight it will dock at 5:09 a.m. eastern time tomorrow. >> liftoff >> "endeavour" launches again. three astronauts and two crew making their way to the international space station. the vehicle is pitching down range. on the first stage providing 1.79 million pounds of thrust. hearing good stages so far >> key plus 30 seconds into the second rotational crew mission on board dragon and falcon 9 falcon 9 >> wow that is some cool. spacex four crew members. three nations. headed to the international space station. reusable orbital space flight. that

in terms of the cac 40 today -- airbus reports numbers thursday. airbus has a solid day today. that is helping out the cac 40. the ftse elephant more steam. the dax underperforming. in terms of how we break it down from a sector point of view, what is going on is the commodity story doing relatively well. the banks are treading up nicely as well. a big week for european banks. watch those numbers. the banks and basic resources as well as travel and leisure doing quite well. staples and utilities down at the bottom of the pile. in terms of the individual names , let's talk about what is happening. iag, owner of british airways exposed to the north atlantic, taking a lot of solid from what we heard from ursula von der leyen. it is the u.k. but also has a number of european brands. it is a european business, a pan-european business, a holding company for a bunch of different airlines. reopening in the north atlantic will be super important. that is iag. imi, industrial company out of the u.k., makes ventilators. it has upgraded. the market applauding that. up 11.2%. nestle trading

probably one of the savviest, they announced they're sticking with the max i thought they might go to airbus and ordered 100 planes with 155 more and savvy operator or 27 along with 15 options. no wonder boeing stock has been able to rally from 144 in late october to nearly $250 right now even as it pulled back $30 it's got a lot of room to run. the airlines need more capacity and that means they have to order from either boeing or airbus with interest rate sos so low t can buy it with the money. this is nirvana. boeing is doing well and right now it's a better company but with stocks, remember, those are two different things it boeing's time to shine. great reopening and you got to use this pull back as a buying opportunity. much more had "mad money" ahead. the restaurant staying power and what businesses are staying here then the recent boom in digital collectibles like a lot of other people don't miss the founders of an nft startup to explain it all. it called recure and tonight's edition of the lightning round so stay with cramer. ♪ ♪ ♪ ♪ ♪ ♪ hey google, turn up the heat. ♪

airbus is close to having a concept flight powered by hydrogen. and so what can we do as travellers? well, we can travel to fewer and different places for longer and, where possible, fly less. we can limit our impact on local resources, we can engage with local cultures, and we can choose to spend our money on things which directly benefit local people. carbon offsetting can help. the future of tourism will be what we make it, and the same kinds of things that we might do in our own economy, in our own place, if we do them abroad, we're being responsible travellers, and we can change tourism and make it better by the way we travel. still to come on the show... good girl. yeah, you're going to penguin place. ..we�*re in new zealand with the vets battling to save some of the world's rarest penguins. so, don't go away. welcome back to a very rainy covent garden, home to the world's famous royal opera house. now, these doors have been closed to visitors for some time now, but let's take a look ahead at how they and other attractions will be keeping

airbus, another stock to do well today. they beat on all key metrics. it is a significant given that the air industry has been struggling. airbus executives pointing out the fluctuations in the market does not mean this pace will continue for the rest of the year. when it comes to the market as a whole, the messages coming from the fed, and the fed is staying on message. fmoc redoing their risk assessment, pointing out strength in the labor market. the dollar can continue its weaker trend. it has flattened out but risk sensitive currencies like the pound is getting versus the dollar. nasdaq futures higher, leading the market after the facebook and apple blockbuster earnings moving shares after hours. anna: thank you very much, dani burger. also looking at telecom companies in europe, and the response to nokia are strong. we see the share price up significantly. some real strength in the share price. much more profitable business than anticipated, the share price up 13.7%. other commentary is impressing analysts, q1 results above expectations according t

travel, returning with a vengeance once vaccinations start to take place, and get this, all of its airbus a380 �*s are set to return to the skies which is really a sign of confidence that demand for global air travel is starting to recover, and it could make that super jumbo viable again.- and it could make that super jumbo viable again. thank you very much _ jumbo viable again. thank you very much from _ jumbo viable again. thank you very much from singapore - jumbo viable again. thank you | very much from singapore with the latest on qantas. australia's multi—billion dollar wage subsidy scheme was credited with saving hundreds of thousands ofjobs during the pandemic. now that it has ended, many worry the move was premature. from sydney, phil mercer has this report. test, test. very sad, very depressed industry i would say, and people do not feel supported. and people do not feel suoported-_ and people do not feel su orted. g”, , supported. the jobkeeper subsidy was _ supported. the jobkeeper subsidy was australia's i supported. the jobkeeper - subsidy was australia's biggest ever

problems with steel and boeing and airbus, maybe we can come to some negotiated solutions that would be outside of the purview. solving these problems will be materially important. for trade all around the world. when the big powers have this kind of impact on what happens in other countries, and what happens on trade. we need to strengthen the wto and strengthen the multilateral mechanisms and trading systems so countries can once more have a resource to settle any disputes and build a consensus around certain trade rules that are going to be very strong for the world. that is going to -- that is what we are trying to do at the wto. as a rulemaking organization, we are the one place where members can come to settle their disputes. that is one area where we really need strong reform. we need the support of all the members, the u.s., china and the eu. developing countries, as well. to make this work. i think the debbie co also needs to -- the w geo needs to reform its rules for 21st century issues. chairman powell talked about a digital economy. this is one area where the world is mov

now let's take a look at some of the other business stories making headlines airbus has reported a profit of 362000000 euros and. that came after a year on year losses airlines cut or delayed orders independent you can play makers as cost cutting measures and military sales put it back in profit amazon's pandemic boom isn't showing any signs of slowing down the company says its 1st quarter profit more than tripled from a year ago to $8100000000.00 fueled by the surge in online shopping revenue came in at over 100000000000 dollars the 2nd quarter in a row that the company has passed the monster. columbia is currently battling its deadliest phase of the corona virus outbreak almost 20000 new cases were restored on wednesday along with almost 500 deaths over the past 24 hours to offset the huge economic hit the country has taken during the pandemic the government now wants to start taxing smaller incomes the plan has kicked off massive protests. for days colombians have been protesting plans to boost tax revenues which they say would hit the poorest hardest. the coronavirus pandemic has left

airbus flying high in q1, but warns uncertainty lies ahead. we will hear from ceo guillaume faury. the dax is taking it on the chin. that's where the real pain is today. we are down, i think it is the car sector doing the damage. nokia was up more of a little earlier. still up i 9%.

. >> we've seen corporate trash talk in so many industries, the soda wars, obviously boeing airbus, but this is literally about going to the moon. those are big spoils and we can't wait to see what happens with it. we will take a break one more look ahead when we come back to tonight's big earnings nek "techcheck" is back in a minute. (♪ ♪) whether it's a technology first, (♪ ♪) a fashion first, (♪ ♪) a science first, (♪ ♪) or a first for us all (♪ ♪) whatever you hope to achieve for your business, cloud first helps you get to value...first (♪ ♪) let there be change accenture new projects means new project managers. you need to hire. i need indeed. indeed you do. the moment you sponsor a job on indeed you get a short list of quality candidates from our resume database. claim your seventy five dollar credit, when you post your first job at indeed.com/home. - [narrator] at southern new hampshire university, we're committed to making college more affordable. that's why we're keeping our tuition the same through the year 2021. - [student] i knew snhu was the place fo

we hope that some of these, in particular with boeing in steel and airbus, we can come to some negotiation solutions. solving these problems will be materially -- trade, all around the world because when the big powers have these problems it impacts what happens in other countries and what happens in trade. i think what we need to more have a recourse where they can go. for instance a disputes to build a center around certain trade routes that will be strong for the world. that is what we are trying to do, it needs to be reformed. because, they will making organizations, it is normal to be talking about one place where members can come to settle their disputes. that is one area where we need strong reform. we need the support of the u.s., china, and the you. developing countries also to make this work. i think the wto also needs to reform it rolls for 20% reissues. we talked earlier about a digital economy. this is one area where the world is moving fast, this is what will drive trade. yes, we don't have a rules to defend this. when in trade, as received women have been hurt by the pandemi

now let's take a look at some of the other business stories making headlines airbus has reported a profit of 362000000 euros in bust water that came after a year on year losses airlines cut or delayed orders independent you know in plane maker says cost cutting measures and military sales put it back in profit amazon's pandemic boom isn't showing any signs of slowing down the company says its 1st quarter profit more than tripled from a year ago to $8100000000.00 fueled by the surge in online shopping revenue came in at over 100000000000 dollars the 2nd quarter in a row that the company has passed that monster. columbia is currently battling its deadliest phase of the corona virus outbreak almost 20000 new cases were understood on wednesday along with almost 500 deaths over the past 24 hours to offset the huge economic hit the country has taken during the pandemic the government now wants to start taxing smaller incomes the plan has kicked off massive protests. for days colombians have been protesting plans to boost tax revenues which they say would hit the poorest hardest. the coronavirus

plane maker airbus envisions a future of seats arranged in pandemic-friendly pods. this design imagines a part plane, part coffee shop. >> this is where the industry might go in the future, so every crisis can also be an opportunity. >> reporter: delta says capping capacity on board cost it $100 million in march. that's when spring break air travel started to surge and the numbers remain high. the tsa screened more than a million and a half people at airports across the country near that pandemic record. john? >> pete muntean, terrific reporting on all of this, as always. i have to say, the filled middle seat, pandemic aside, never a welcome thing. but thank you for that. >>> a brand new cnn poll shows 44% of republicans will not try to get the coronavirus vaccine, so what's behind the resistance, and what does it mean for the whole population? jon avalon with a reality check. >> that's right. while there's still no cure for covid, the good news is that over 237 million vaccine doses have been given out in america. the bad news is there is no cure for stupid, which

airbus envisions a future of seats arranged in pods. they imagine a productivity class, part plane, part coffee house. >> excited, you know, to see the future where some of the ideas may take us and where the industry may go in the future. so every crisis can also be an opportunity. >> delta says capping capacity onboard cost $100 million in march. that's when pandemic air travel started to surge and numbers remain high. the tsa screened 1,.5 million passenger onz thursday, near a pandemic record. >> there it s the financial incentive to all this for the airlines. by the way, they got a lot of federal help through the pandemic. is there demand there to fill the middle seats? in other words, once they open, are the seats going to be sold? >> delta feels that the demand is there. it thinks that the planes that are already flying with the middle seats empty will be full relatively soon just because these numbers are so high. we've had seven weeks straight where the tsa numbers are above a million people each day. so they think that the dem

focus from the roads to the sky, the stock is soaring 14.5% right now, on news it's joining forces with airbus' autonomous flight tech unit, up next. the focus of the partnership improving safety and increasing the number of autonomous flight vehicles in the market. nice move for luminar. airline stocks let's look at those taking off after eu officials say vaccinated americans should be able to travel to europe by this summer. everybody is higher except for southwest at the moment which is basically flat but as travelers get ready to pack their bags and go off, where, from sicily to who knows where, to pack their bags, the airlines are fast-approaching new turbulence, to grady trimble live at western michigan school of aviation one of the top pilot schools in the nation, grady? reporter: sky high demand for pilots right now, too, liz, in fact the industry is expect ing a shortage of some 12,000 pilots by 2023, and that's just here in north america. if you look across the globe it could be 50,000 pilots, so i guess if you're a college student like my friend nate whose a student in this program

we'll have the sport for you after the break a shark in the water and a halt to the surfing events airbus trulia stay with us see what happens that's. the end. tor to al-jazeera. you told me what the government you represent is now illegitimate and we listen we do not sell the fence material any country the conflict in yemen we meet with the global news makers and talk about the stories that matter on syria visit lights may look like a city from the sky but they're fishing vessels just outside of argentina's exclusive economic zone the united states launched operation southern cross to combat illegal and regulated fishing in the southern atlantic argentina's coast guard say their main task is to control their movements so they do not cross into arjan time territory from this form are gentile forty's can monitor what's happening in its economical surface zones but what authorities here are saying is that what's important is to regulate what's happening in international waters. i am. welcome back at some of the sports here's emma. thanks european football's governing body you wafer has warn

despite the slow road for the travel industry, airbus generated positive cash flow for the third quarter in a row. but the ceo says the rebound situation is still changing and challenging. guy johnson asked him about their second-quarter outlook. >> it is too early to say and we don't have a very strong start. in the month of april, we see it moving forward so that is the reason. even for quarter two it is too early to say. we have been looking a lot at demand last year. it has stabilized overall, with complexity and mentioned before, but we are starting to look deeper at the supply chain. it is an area of focus to make sure we can have a good q2 and potentially a good second half of the year. but again, a challenging situation across the board. >> the airline currently has a lot of airlines parked. what is the demand between passengers coming back and a pickup in demand for new aircraft? >> that is a very important question, and in fact there is not a single access to that. we have market segments with very different dynamics. when it comes to the bulk of our predictions, it is actually

you get a bunch of names airbus, altria and dominos and royal caribbean and lab corp lots of names. after the bell, we will give you big names. buckle up if you are ready for this or not. it's coming. this is the flood. it starts in less than half hour time >> it better be good better have good numbers the ones we have seen so far are pretty good. how do you measure up? >> blockbusters. >> how do you measure up to apple? we will talk about that in a moment i want to talk about president biden's speech speaking to a joint session of congress with limited attendance due to the pandemic. he offered a $2 trillion plan. >> i'm not looking to punish anybody. i will not add a tax burden, additional tax burden, to the middle class in the country. they are already paying enough i believe what i propose is fair fiscally responsible it raises revenue to pay for the plans i propose and will create millions of jobs to grow the economy and enhance our financial standing in the country. >> we're going to talk more about that speech at 6:30 with frank lunz joe, i know you are a drudge reader bi bid

airbus is close to having a concept flight powered by hydrogen. and so what can we do as travellers? well, we can travel to fewer and different places for longer and, where possible, fly less. we can limit our impact on local resources, we can engage with local cultures, and we can choose to spend our money on things which directly benefit local people. carbon offsetting can help. the future of tourism will be what we make it, and the same kinds of things that we might do in our own economy, in our own place, if we do them abroad, we're being responsible travellers, and we can change tourism and make it better by the way we travel. welcome back to a very rainy covent garden, home to the world's famous royal opera house. these doors have been closed to visitors for some time now. but let's take a look ahead at how they and other attractions will be keeping attractions will us us entertained as the world slowly opens up again. live shows are returning to the royal opera house. audiences can go in person again from mid—may if restrictions continue