It is time to catch up with all the Business News in World Business report. Stories. How does a country survive without big banknotes . Well find out when the Indian Government releases Economic Growth figures later today. And its almost like a game of hide and seek. Passengers involved in the disruptions of ba flights over the weekend desperately seeking their luggage, luggage. Hello and welcome to World Business report. Im susannah streeter. In a minute well take a snapshot of the chinese economy, but first, in a few hours time, the latest official statistics are expected to show that india has retained its crown as the Fastest Growing major economy in the world. Economists are predicting that india expanded at an annual rate of 7. 1 in the first three months of the year. Now, this compares with growth of 6. 9 for china. The resilience of the Indian Economy will come as welcome news to Prime Minister narendra modi, following the countrys landmark demonetisation programme. Towards the
As cabin crew prepare to strike, just weeks after an it crash that stranded thousands. Are cost cuts taking their toll on the Airlines Image . Plus, from the Sick Man Of Asia to one of the regions Fastest Growing economies. We report from the philippines, 20 years on from the Asian Financial crisis. Welcome to World Business report. Im rachel horne. We start with more problems for british airways. Thousands of passengers are learning that their flights have been cancelled because of an unprecedented 16 day strike by some cabin crew, which begins tomorrow, july 1st. On thursday, ba said most flights will operate as normal but it has cancelled a number of long haul departures to and from heathrow. Short haul and flights from other uk airports are unaffected. So whats it all about . The unite union says cabin crew who have taken industrial action over pay in the past have been blacklisted losing benefits like staff travel, concessions and bonuses. Ba estimates around 8 of its total cabin
how calm everybody remained in all the video that we eseen over the weekend. so moving to the people, let s start with bob. god bless bob was the quote from the chair of the ntsb late last night when we were in the news conference. everybody brought back into the room when the first news conference ended and the chair said and came become and say bob found the door plug. two cell phones again found in perfect working condition, so we ll see what else the investigators are working on today. probably hocking at portions of that door plug under a microscope and deciding which portions of the door plug to send back east to ntsb headquarters. mike valerio on the ground in portland with bob and many others, thank you very much for that reporting. keep us posted. you bet. i m join by john strickhand, the director of the air transport consulting firm jls
muffled speech. social media video shot inside the boeing 737 max 9 shows a window section missing. the passengers remain in their seats, oxygen masks dangling, looking remarkably calm. alaska airlines said the 177 passengers and crew landed safely back at portland. it has temporarily grounded its 65 max aircraft for inspection. the aeroplane has a chequered safety record in 2019 it was grounded worldwide for eighteen months after two fatal crashes. live now to aviation analyst from jls consulting, john strickland. thank you for being with us. what do you make of what has happened in this case? , , , , , this case? sadly its fresh news this mornin: this case? sadly its fresh news this morning just this case? sadly its fresh news this morning just prior this case? sadly its fresh news this morning just prior to the this case? sadly its fresh news thisj morning just prior to the interview. looking at the photos it s clear a section of fuselage equivalent to one window frame area