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tv   Talking Business  BBC News  July 23, 2022 3:30pm-4:00pm BST

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temperatures across the board higher — much warmer in aberdeen — but the highest temperatures have been east anglia, where we're looking at up to 30, so it will be hot afternoon. more dry weather for england and wales in the week ahead, but across the north—west of the uk, although there will be some dry weather, there'll also be some rain at times. the british airshow is back and is the biggest the british airshow is back and is the biggest global the british airshow is back and is the biggest global gathering the british airshow is back and is the biggest global gathering for the british airshow is back and is the biggest global gathering for the aviation industry since before the pandemic on this, this, means billions of dollars of deals. it was not a major event for boeing as the us playmaker looks to leave a troubled few years behind it and yet, you guessed it, i've got the big boss of boeing joined me who
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tells me what he's learned and why he is optimistic about the future. the pandemic is set to cost the world airlines nearly $250 billion but would middle eastern carrier continued flying all through the pandemic had bucked the trend. cat hair highways bosses going to tell me how he made a record profit and why the world cup is a big score for his airline. speeding back to the future it's planning to revive supersonic travel before end of the decade, chief executive tells me why people still want to travel faster than the speed of sound. wherever you'rejoining sound. wherever you're joining me from sound. wherever you'rejoining me
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from around the world it is a big hello and a warm welcome to the special edition of the show. let's be frank, global aviation has had a pretty horrendous time over the past four years. pretty horrendous time over the past fouryears. pandemic pretty horrendous time over the past four years. pandemic is caused huge damage as well. many of us simply stopped flying but now there are signs that things are roaring to life and no more is that evident than right here at the farnborough international airshow just west of london. it's the show where the major players from the playmakers to the airlines of all trying to breathe new life into this industry and perhaps the most important question for the mole isjust how much so might many people are flying. let's take a look because before the pandemic there were more than 4.5 billion passengers who flew in 2019. that than 11.5 billion passengers who flew in 2019. that fell 60% to 1.8 billion in 2020. of course, amid all the travel restrictions. it's been recovering and by the end of this year it is expected to return to nearly commit yep, 3.8 billion
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passengers but that's still about 17% down on pre—pandemic levels. by the end of this year, it's 17% down on pre—pandemic levels. by the end of this year, its expected that the world's commercial airline is have lost almost, take a look at that, $190 billion. that's between them and of course all thanks to those restrictions. it's an industry that globally, before the pandemic, had an economic impact of $3.5 trillion in about 4.1% of the global economy. it also supported nearly 90 million jobs economy. it also supported nearly 90 millionjobs on economy. it also supported nearly 90 million jobs on the planet. economy. it also supported nearly 90 millionjobs on the planet. and key to getting the industry growing again of the deals, the deals that happen at shows like this, so here's the guy responsible for bringing together more than 1200 companies from around the world.— from around the world. there's big deals, big this _ from around the world. there's big deals, big this dominant _ from around the world. there's big deals, big this dominant business, j deals, big this dominant business, but also a lot of discussion about how you achieve sustainability and how you achieve sustainability and
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how you achieve net savers it is vital. the last farnborough airshow in 2018 it was $192 billion worth of commercial single deals done injust five days. think of that supply chain and the jobs five days. think of that supply chain and thejobs it five days. think of that supply chain and the jobs it creates in the value. chain and the “obs it creates in the value. ~ ., ,., chain and the “obs it creates in the value. ~ ., ., . value. with the global economic turmoil were _ value. with the global economic turmoil were facing _ value. with the global economic turmoil were facing the - value. with the global economic turmoil were facing the imf, - turmoil were facing the imf, international monetary fund, is warning of the darkening global economic outlook and others of outright recession, all thanks to factors such as the war in ukraine, dangling pandemic, and soaring inflation. , . , inflation. high fuel prices, seepolitical_ inflation. high fuel prices, geopolitical strife, - inflation. high fuel prices, geopolitical strife, none . inflation. high fuel prices, | geopolitical strife, none of inflation. high fuel prices, - geopolitical strife, none of that stuff is good for air travel. 0n the other hand, we see those risks on the horizon and a positive recession and economic downturn in yet we see the travel demand —— possible recession. yet some are leisure air travel demand is so strong as you would expect and when we look at international air travel more broadly to starting to come back. the biggest issue we are facing right now, honestly, its capacity,
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whether the airlines of the airports, they are all struggling to come back and bring capacity back to former levels. fine come back and bring capacity back to former levels-— former levels. one of the biggest rivalries on _ former levels. one of the biggest rivalries on display _ former levels. one of the biggest rivalries on display here - former levels. one of the biggest rivalries on display here that - rivalries on display here that farnborough is between the world's farnborough is between the worlds to biggest playmakers. europe's airbus delivered 311 new players last year which was a long way ahead of the 340 delivered by its troubled rival boeing and the americans are lagging behind again. this year, the pressure from its arch rival is just one of many challenges for the american company that once dominated the skies. boeing is also still grappling with the fallout of the 237 crashes which cost hundreds of lives in indonesia and the bnp as well as delays in getting other planes in the air. as the industry emerges from the pandemic, boeing has tens of billions of dollars of debts to deal with cycles and with its chief executive right here farnborough. real pleasure having
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your my show. thanks for your time. here we have at the farnborough airshow, the biggest gathering and aviation certainly since the pandemic. david, just how important is the show for boeing? this pandemic. david, just how important is the show for boeing?— is the show for boeing? this show is very important _ is the show for boeing? this show is very important because _ is the show for boeing? this show is very important because for - is the show for boeing? this show is very important because for three - very important because for three years running here without this show we don't get to talk about or display the things we're most proud of front products and are behind us and products we demonstrate further public and all the show participants has been stunning to me and down the extent to which demand for products for the industry has picked up post—covid—19. i have always believed there would be a quick return and i never imagined it would be this quick and originally introduced 23, 2012 before we got back to schmidt predicted 23 or 24. right now there is a line up on demand of the biggest issue for all of us is supply. demand of the biggest issue for all of us is swim-— of us is supply. absolutely, we'll aet onto of us is supply. absolutely, we'll get onto that _ of us is supply. absolutely, we'll get onto that shortly. _ of us is supply. absolutely, we'll get onto that shortly. i _ of us is supply. absolutely, we'll get onto that shortly. i always i get onto that shortly. i always believed there _ get onto that shortly. i always believed there would - get onto that shortly. i always believed there would be -
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get onto that shortly. i always believed there would be a - get onto that shortly. i always l believed there would be a quick return, never imagined it would be this quick. we originally predicted 23, 24 before we got back but by now there is a line—up on select, demand and the biggest issue for all of us is supply. and the biggest issue for all of us is su -l . , and the biggest issue for all of us issu--l. , ., ~ and the biggest issue for all of us issu--l. _, ~' . is supply. lets talk about challenges _ is supply. lets talk about challenges and _ is supply. lets talk about challenges and is - is supply. lets talk about challenges and is well. is supply. lets talk about i challenges and is well know is supply. lets talk about - challenges and is well know you is supply. lets talk about _ challenges and is well know you are a frank person and you had a pretty tough time if we look at the list. you lost tens of billions of dollars through the pandemic with losses in the commercialjets as well as defence sector and get a $45 billion. you had to delay the first delivery of that beautiful bird binders there, the 7779 until i believe 2025. the production of the max jet not really where you want it to be at the moment and of course the war in ukraine is cost you money. and, out of all of that, not too sure what to say. what keeps you awake at night?— awake at night? that's not a good ruestion. awake at night? that's not a good question- not _ awake at night? that's not a good question. not much _ awake at night? that's not a good question. not much does - awake at night? that's not a good question. not much does in - awake at night? that's not a good question. not much does in lightl awake at night? that's not a good. question. not much does in light of what we faced. the thing i'm proud of is while there are an awful as the folks who would like to look
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backwards we look forward. from the first minute the crisis hit us and i'm in first the internal crisis and then the external crisis in these two things laid right on top of each other and yet we sit with 8777 x on top of me ready to get a certification process on top of the and you will see it fly magnificently today so it is also remarkable. we have a dash ten in our line that we intend to certify, a robust pipeline it will continue to feed a long time in the future and we did all that well the climb the steep mountains. b5 and we did all that well the climb the steep mountains.— and we did all that well the climb the steep mountains. as we know, the rlobal the steep mountains. as we know, the global economy _ the steep mountains. as we know, the global economy facing _ the steep mountains. as we know, the global economy facing some _ the steep mountains. as we know, the global economy facing some real - global economy facing some real testing times. i left, international monetary fund downgraded its growth forecast again, many consents of the session, possibly a global one, but you were optimistic. i mean, just make many consents of the session. particularly looking at the numbers here bonuses for the years ahead the
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size of the global fleet said to grow by 80% in the next 10—20 years. where does the confidence come from? the resilience of demand of the flying public to travel. it’s the resilience of demand of the flying public to travel. it's back! the question — flying public to travel. it's back! the question covid-19 - flying public to travel. it's back! the question covid-19 hitters, l flying public to travel. it's back! | the question covid-19 hitters, all the question covid—19 hitters, all the polls and all the things that were supposed to take people away from flights, that hasn't happened. it's been a complete opposite. people want to travel. they want to connect with people, with other places, the locations, other people, so we just believe in our industry. another is of the things you described with respect to the global economy and supply chain issues, there are real. there is a realist can be. we understand that. and they affect our industry to the extent that supply constraints and effectors. but not demand. irate that supply constraints and effectors. but not demand. we know the international _ effectors. but not demand. we know the international air _ effectors. but not demand. we know the international air transport - the international air transport association and the airline trade body has said at the end of this year global aviation is going to lose something like 200 billion,
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$200 billion from the pandemic. 0il $200 billion from the pandemic. oil prices at the moment not in favour of the airlines, pretty high because of the airlines, pretty high because of the airlines, pretty high because of the sanctions on russia. do the airlines have deep pockets, do they have the money to buy your planes? i think they withstood a very tough moment and right now they continue to allocate capital and optimism. the capital markets never played aviation. the leasing market never fled aviation. capital continued to overlook, underwrite the effluents we produce and ultimately allow our customers to continue to expand —— the aeroplanes we produce. i am confident with all of that and i have a lot of confidence and leadership that i realise. you mention the _ leadership that i realise. you mention the 77 _ leadership that i realise. you mention the 77 dash - leadership that i realise. you mention the 77 dash ten, 77 max ten. you are in a row with regulators over certification and correct me if i'm wrong because what you are asking for is a waiver for new
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safety standards which would require changes to the flight deck that down to boeing... boils down to wanting to boeing... boils down to wanting to avoid safety standards so there is not extra cost to train pilots? couldn't be anything further from the teeth, 0k? could not. we are not in a row with the regulator. we had stan working hard to certify the dash ten. it is either safe or it isn't and i am confident, very confident, that we will get that certification safely. so for us it is a very important product. our customers want it, as evidenced by their desire and the orders they placed for the aeroplane. so i'm very confident in the aeroplane. i'm very confident in the aeroplane. i'm very confident in the aeroplane. i'm very confident it safety, and the fa will have to be as well, and they will have to be as well, and they will do their work and they are doing their work and they're doing it constructively and were just going to continue to progress in progress. i simply want to progress towards a safe introduction of the dash ten. but towards a safe introduction of the dash ten. �* _, . �*
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dash ten. but correct me if i'm wron: , dash ten. but correct me if i'm wrong. you _ dash ten. but correct me if i'm wrong. you have _ dash ten. but correct me if i'm wrong, you have said - dash ten. but correct me if i'm wrong, you have said in - dash ten. but correct me if i'm wrong, you have said in the . dash ten. but correct me if i'm i wrong, you have said in the past dash ten. but correct me if i'm - wrong, you have said in the past if you don't get the certification you will just scrap you don't get the certification you willjust scrap it, you'll scrap it. i don't know, i'm not sure i want to draw a hard conclusion on that front but that job draw a hard conclusion on that front but thatjob is harder than the job to certify what is already a very high performing aeroplane that is safe, and why would i do that? when it is a new version, if you will come of a plane that was designed, the 737 fleet, you know, was born in the 737 fleet, you know, was born in the 60s. ., ., the 737 fleet, you know, was born in the 60s. ., . , the 60s. someone asked when his billin: the 60s. someone asked when his billing internet _ the 60s. someone asked when his billing internet new _ the 60s. someone asked when his billing internet new plane, - the 60s. someone asked when his billing internet new plane, a - the 60s. someone asked when his| billing internet new plane, a whole new model plane to complete with, again, the single arm market in debt busting very well on that front? 50 busting very well on that front? sr the busting very well on that front? 5r the new aeroplane question is in a clean sheet of paper for the aeroplane. clean sheet of paper for the aeroplane-— clean sheet of paper for the aeroplane.- a - clean sheet of paper for the aeroplane.- a lot - clean sheet of paper for the aeroplane.- a lot ofl clean sheet of paper for the - aeroplane.- a lot of things aeroplane. when? a lot of things have to fall _ aeroplane. when? a lot of things have to fall into _ aeroplane. when? a lot of things have to fall into place _ aeroplane. when? a lot of things have to fall into place in - aeroplane. when? a lot of things have to fall into place in the - have to fall into place in the industry to make that happen in the collection of things has to have a demonstrable performance better than the existing products and the existing fleet and it's got to be
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significant enough for airlines to get interested and begin to place their bets and win us at that stage yet, so what is billing doing during that time? we continue to ask our propulsion suppliers to innovate, innovate, innovate, create more efficient, more environmentally friendly propulsion systems so that we can begin to incorporate that into our designs so i'm confident and then comfortable with where we are in this want and we can't get pushed to develop a new air plane just for the sake of developing a new aeroplane and i would submit between this aeroplane right back here, the cargo version of this aeroplane like that here, the dash ten, the dash seven for southwest airlines, these are aeroplanes, this is a full pipeline of development of new aeroplanes that will satisfy the market. ., «a new aeroplanes that will satisfy the market. . ., ,., ., market. talks about the move. he went to the _ market. talks about the move. he went to the headquarters - market. talks about the move. he went to the headquarters in - market. talks about the move. he i went to the headquarters in chicago.
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many people said this was one of the light problem started. now you're moving headquarters to virginia, washington, usa to be closer to shareholders and your customers, but critics would say why would you go back to seattle and be closer to your engineers —— why don't you go back to seattle? your engineers -- why don't you go back to seattle?— back to seattle? here is a story which is about _ back to seattle? here is a story which is about as _ back to seattle? here is a story| which is about as misunderstood back to seattle? here is a story - which is about as misunderstood as anything i've ever been associated with the. clear it out. third week on the job with the. clear it out. third week on thejob in with the. clear it out. third week on the job in 20201 asked everybody who has an operating roller headquarters to go back to their operations. chief engineer went to seattle. he got as close to his engineers as he could get. manufacturing leader went to saint louis. he got as close to his manufacturers as he could get this. i thought with respect to headwaters is less of it. i want my operating leaders to be as close to the action as they can, as i say, get close to their work. the for boeing is less of a headquarters and more out in the operations, get close to the action, and that in today's would
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dominant virtual world i have every tool necessary to visit every plant every day. when i on that note, david plante, a real pleasure and good luck with everything. we know most of the airline suffered during the pandemic. they were having to curtail the flight schedules for a mixture of government restrictions and fear of catching covid—19 and that led to huge losses for the carriers. however, qatarairways recently posted a record profit of $1.5 million for march. yes, it did get a $3 billion cash injection last yearfrom its owner, the get a $3 billion cash injection last year from its owner, the qatari government, but with the world cup just around the corner, qatar airways is in better shape than most of its competitors, so i've been catching up with its big boss. always good to see. global airline industry is set to lose nearly $200
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billion by the end of the pandemic and you havejust billion by the end of the pandemic and you have just come out recently and you have just come out recently and recorded a record profit of $1.5 billion and i'm just wondering if part of that is because you are one of only a few airlines in the world that continued flying throughout the entire pandemic? ida. that continued flying throughout the entire pandemic?— that continued flying throughout the entire pandemic? no, it was not only 'ust that. entire pandemic? no, it was not only just that- we — entire pandemic? no, it was not only just that. we brought _ entire pandemic? no, it was not only just that. we brought a _ entire pandemic? no, it was not only just that. we brought a lot _ entire pandemic? no, it was not only just that. we brought a lot of- just that. we brought a lot of loyalty from people who got stranded and we went to rescue them and take them to their loved ones. we also took a big market share because these are people that qatar airways has commented to them that they are in good times and bad times and we did the same with cargo. bud in good times and bad times and we did the same with cargo.— did the same with cargo. and akbar al baker, did the same with cargo. and akbar al baker. just _ did the same with cargo. and akbar al baker, just recently _ did the same with cargo. and akbar al baker, just recently the - did the same with cargo. and akbar al baker, just recently the head - did the same with cargo. and akbar al baker, just recently the head of. al baker, just recently the head of the who, the world health organization said that new waves of 0rganization said that new waves of the virus certainly demonstrate that covid—19 is nowhere near over. is that a concern given the damage it is done to the industry? ida. that a concern given the damage it is done to the industry?— is done to the industry? no, first and foremost _ is done to the industry? no, first and foremost we _ is done to the industry? no, first and foremost we will— is done to the industry? no, first and foremost we will have - is done to the industry? no, first and foremost we will have to - is done to the industry? no, first and foremost we will have to live
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with covid—19. this is not going to go away so we cannot really destroy our livelihood, destroy what is really important was, travel, just because of covid. we just have to take precautions, we have to take measures which in qatar airways we are continuously taking. we have reintroduced wearing masks in airports. we have the reintroduced wearing masks on aeroplanes, which wearing masks on aeroplanes, which we never stopped, but now we're more stringent. when that lets talk about loss fleet, aqaba, because it is pretty split but well documented in terms of safety she and production issues you are in a bitter legal row with airbus over safety issues and is 350 jets. i’m with airbus over safety issues and is 350 'ets. �* , with airbus over safety issues and is 3501'ets-_ is 350 'ets. i'm 'ust wondering which is 350 jets. i'm 'ust wondering which — is 350 jets. i'm 'ust wondering which one of_ is 350 jets. i'm just wondering which one of those _ is 350 jets. i'm just wondering which one of those two - is 350 jets. i'm just wondering which one of those two is - is 350 jets. i'm just wondering which one of those two is the l is 350 jets. i'm just wondering - which one of those two is the future of qatar airways.— which one of those two is the future of qatar airways.- wi - of qatar airways. billing. wi billin: ? of qatar airways. billing. wi billing? because _ of qatar airways. billing. wi billing? because when - of qatar airways. billing. wi billing? because when we i of qatar airways. billing. wi l billing? because when we had of qatar airways. billing. wi - billing? because when we had a safety issue _ billing? because when we had a safety issue on _ billing? because when we had a safety issue on the _
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billing? because when we had a safety issue on the batteries - billing? because when we had a safety issue on the batteries of| billing? because when we had a i safety issue on the batteries of the 78, they stuck with us. when we had other issues relating to the 777, this with us. they never washed their hands when there was a safety issue. contrary to what we faced with airbus and it is very clearly documented that they are mentioning a safety issue for me as an operator that it a safety issue for me as an operator thatitis a safety issue for me as an operator that it is just the cosmetic paint issue that qatar airways is making a big fuss about while as they very well know that it is accelerated surface degradation of the aeroplane which is an effect that is happening under the paint. 0ur regulator is very cover about it and they have grounded over 23 aircraft unable grounded over 23 aircraft unable ground further ever planes as they go through the cheque cycles where
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this condition is very prevalent on the aeroplane. mi this condition is very prevalent on the aeroplane-— this condition is very prevalent on the aeroplane. wi and other airlines that use the — the aeroplane. wi and other airlines that use the same _ the aeroplane. wi and other airlines that use the same plane _ the aeroplane. wi and other airlines that use the same plane having - the aeroplane. wi and other airlines that use the same plane having the | that use the same plane having the same issues?— same issues? they have the same roblem. same issues? they have the same problem. however _ same issues? they have the same problem. however regulator - same issues? they have the same problem. however regulator does | same issues? they have the same i problem. however regulator does not allow the airline to inspect aeroplanes and this is how the grounding aircraft because they have regulator relate the right if there is a safety issue for which they don't understand why this condition is happening to granddad aeroplanes. those grounding airlines is putting a lot of pain in paso airlines and this is why after 18 months of negotiations with and we had no alternative than to litigated an english court.— alternative than to litigated an english court. with regard to the disute english court. with regard to the dispute between _ english court. with regard to the dispute between qatar— english court. with regard to the dispute between qatar airways l english court. with regard to the i dispute between qatar airways and airbus over pink degradation ever said...
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let's talk about the world cup just around the corner. your government estimates around a million visitors. are you ready, akbar al baker? {lin are you ready, akbar al baker? on the infrastructure, the votes, accommodation, everything is ready so i would love to carry them and we will not only be the ones who will carry them, we will also share with other airlines, other partner airlines and air lines in which we've invested. let airlines and air lines in which we've invested.— airlines and air lines in which we've invested. ., we've invested. let me end on the infrastructure _ we've invested. let me end on the infrastructure talk _ we've invested. let me end on the infrastructure talk about _ we've invested. let me end on the infrastructure talk about and - we've invested. let me end on the infrastructure talk about and all i infrastructure talk about and all the major stadiums where your brand is going to be plastered all over. we know during construction that has been some criticism over deaths and mistreatment of foreign workers. and you worried that that maintained your brand? ila. you live and breed. your brand? no. you live and breed. no, your brand? iiru you live and breed. no, because reasonable people
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understand that this is a concerted effort against my country by people who are not happy that fifa is taking place in a small country like qatar and in the middle east. we have changed so many rules to disproof this notion about my country so, you know, the blame is not on my country. my country has laws to fully protect the labour. {lin laws to fully protect the labour. on that note, akbar al baker, the big boss of qatar airways, it is was a pleasure. thank you for coming my show. no matter what airline you travel with, there are some things really can be changed that much. those include how fast the planes can go. since concorde was retired backin can go. since concorde was retired back in 2003, it hasn't been possible to take a commercial flight that goes faster than the speed of sound which is 660 mph orjust over 1000 an hour. but booming,
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supersonic, based in the us city of denver is planning to change all of that in the next few years so i've been sounding out its chief executive. real pleasure having you on my show, let me start with this. why do you think we haven't seen any supersonic passenger since concord take to the skies?— take to the skies? well, we haven't had the technology _ take to the skies? well, we haven't had the technology of _ take to the skies? well, we haven't had the technology of the _ take to the skies? well, we haven't had the technology of the market i had the technology of the market until now. what is important as we are getting to the point where millions of people will be able to afford to fly supersonic quickly, safely, sustainably and now we have it in are ready for the supersonic renaissance and this time it is few people of millions and eventually everybody. people of millions and eventually eve bod . ~ ., people of millions and eventually eve bod . ~ . ., people of millions and eventually eve bod. ~ . ., ., people of millions and eventually eve bod .~ . ., ., ., everybody. what made you want to create a new _ everybody. what made you want to create a new age _ everybody. what made you want to create a new age of— everybody. what made you want to create a new age of supersonic - create a new age of supersonic travel? i create a new age of supersonic travel? ., ., , ., travel? i never got to fly on concorde- _ travel? i never got to fly on concorde. i _ travel? i never got to fly on concorde. i was _ travel? i never got to fly on concorde. i was 22 - travel? i never got to fly on concorde. i was 22 years i travel? i never got to fly on | concorde. i was 22 years old travel? i never got to fly on - concorde. i was 22 years old when it shut down. i didn't have the $20,000 it would take to afford to afford a ticket and in my mid—20s i put a google alert on supersonicjet
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because i wanted to be first to know when i could buy a ticket and break the sound barrier but it was crickets, really no progress on not just recreating it but in moving it forward, making it more accessible to more people, and so eight years ago it started to look at it and thought i would get two weeks into research and understand why it was probably a horrible idea but instead what i found was a bunch of stale conventional wisdom, found the technology was much further along than people realised, the market was further along and fast forward eight years here we are. this further along and fast forward eight years here we are.— years here we are. this is not pie in the sky — years here we are. this is not pie in the sky talk — years here we are. this is not pie in the sky talk here. _ years here we are. this is not pie in the sky talk here. you - years here we are. this is not pie in the sky talk here. you have i years here we are. this is not pie | in the sky talk here. you have had airline signing up, might united airlines and my good friend big boss of that carrier, who else is on board with boom? fill" of that carrier, who else is on board with boom?— of that carrier, who else is on board with boom? our very first airline agreement _ board with boom? our very first airline agreement was _ board with boom? our very first airline agreement was with - board with boom? our very first| airline agreement was with japan airline agreement was with japan airlines who pine a 20 aircraft but then scott had the courage in the vision to order 15 overtures for united, preorder another vision to order 15 overtures for united, preorderanother35, and united, preorder another 35, and just united, preorderanother35, and just to put that in context relative to history, there are only 13, 14
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concord is ever in service and united started with 15 forjust one airline so this is going to be not something niche, this is going to be something niche, this is going to be something that eventually we think every international airline is going to need to stay competitive in something that is going to change how many passengers travel routinely and eventually help all of us travel. �* ., , , ., ., and eventually help all of us travel. ., , , ., ., travel. all of this is going to take fuel, ou travel. all of this is going to take fuel, you mentioned _ travel. all of this is going to take fuel, you mentioned a _ travel. all of this is going to take fuel, you mentioned a couple - travel. all of this is going to take fuel, you mentioned a couple ofl fuel, you mentioned a couple of times about sustainability, very big on that. are we talking about sustainable aviation fuel? irate on that. are we talking about sustainable aviation fuel? we are desiranin sustainable aviation fuel? we are designing it _ sustainable aviation fuel? we are designing it to — sustainable aviation fuel? we are designing it to be _ sustainable aviation fuel? we are designing it to be the _ sustainable aviation fuel? we are designing it to be the first - sustainable aviation fuel? we are designing it to be the first airline | designing it to be the first airline that can run on 100% sustainable aviation fuel. this means not needing any blends or additives to make it work and so this allows us to get all the way to net zero on the most advanced forms of sustainable fuel. we are also reducing non—c02 emissions as well, and so this is notjust a capability that we are building into the air plane that you mentioned that a relationship with united early and one of the things that was a
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hallmark of united's announcement of overture is their commitment to one it actually on 100% sustainable aviation fuel on a net zero basis, not down the vote but from day one. we are going to achieve net as ever with supersonic flight this decade. what is going to cost? ballpark figure? pig like this is like a business class figure so... than tri -e business class figure so... than tripe across _ business class figure so... than tripe across the _ business class figure so... than tripe across the atlantic - business class figure so... than tripe across the atlantic will. business class figure so... t�*ia'l tripe across the atlantic will be not that different, some cases a little bit lower some cases a little bit higher than what people play in subsonic business class today. {lin subsonic business class today. on that note we will be watching. good luck with everything. thanks much for your time. that is open this week. i hope you enjoyed the show from farnborough. don't forget you can keep up with all the latest in the global economy on the bbc news website and the smartphone app. 0f website and the smartphone app. of course, you can also follow me on twitter. tweet me like treat you back. you can get may bbc allen. thanks watching. i'll see you soon.
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hello there. there have been some fairly big weather contrasts across the uk today. across western areas we've had some thicker cloud bringing outbreaks of rain, some wet weather near the belfast area earlier on today. but it's not been like that everywhere. again, across parts of south east england, east anglia, running up into north yorkshire even we've had lots of sunshine, so it's been another dry day and that's really been one of the themes of this month. we've hardly had any rain across southern wales, southern and eastern areas of england, indeed, there are some parts of hampshire that haven't had any real recordable rain so far this month and there might not be much here because although there is going to be rain for the next few days, the majority of it will be across
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north western areas. there'll be little, if anything, reaching parts of south east england, the south midlands and east anglia, those areas that have been particularly dry so far this month. now the radar picture does pick up some rainfall, but the heaviest rain today has been across northern ireland and western scotland. the rain is a bit more patchy further south. but overnight tonight, the brisk south—westerly winds will continue to bring pulses of rain across these areas, whereas across the southeast, the rain never really reaches. it's going to be a warm night. temperatures falling no lower than 16 to 18 degrees. and you'll probably find some low cloud and a bit of mist around some of our western hills to start the day on sunday. the same area of low pressure is with us then for tomorrow's weather, bringing some rain to north western areas, but some warm weather working into east anglia and the southeast where it should stay dry for just about everyone. the rain will be heavy at times for northern ireland and for western scotland. the rain a bit patchy in nature as it works across wales, probably reaching the north midlands, the peaks and the pennines for a time as well. and it's a warmer day for most of us with temperatures 21 to 24, much
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warmer in aberdeen, but the highest temperatures in east anglia could hit the 30 degrees celsius mark. so a hot day here. now for monday, things will start to cool down. the same area of low pressure is with us, but as it starts to pull away, we get these north westerly winds bringing a mixture of sunshine and showers, maybe some maybe some of those showers bringing some lengthier spells of rain as they merge together across eastern scotland and north—east england. so, temperatures down, but still warm across eastern areas, 25 degrees, but otherwise high teens to low 20s. and looking at the forecast in the week ahead, high pressure continues to bring settled sunny weather to england and wales with rising temperatures. there'll be some rain at times in the northwest.
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this is bbc news. the headlines at 4pm: a global emergency is declared by the world heath 0rganisation, as the international monkeypox outbreak worsens. we have an outbreak that has spread around the world rapidly, so new modes of transmission, about which we understand too little. officials in kent declare a major incident, as long queues form for a second day in dover. delays are also being reported by travellers heading for the eurotunnel in folkestone, with traffic crawling on approaching routes. russian missiles hit the port of 0desa — one day after ukraine and russia agreed to restart grain exports rishi sunak takes to the campaign trail as the race to become the next leader of the uk conservatives heats up. he said he was the only candidate telling the truth about taxation.

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