Welcome to countdown. It is 7 00 in london. Numbers,eported its annual profit drop. The company cfo Howard Miller will be joining us to discuss the outlook for the airline and its expansion plans. Pfizer has raised its offer to buy astrazeneca 269 billion 69 millionsays to pounds billion pounds. What exactly are they hoping to achieve . They say it is the last offer they will make. I do not think astrazeneca is going to accept it. And in they say they will not go hostile. Point . The weve had a number of discussions between the two companies. This is a pretty chunky deal. We have done a lot of analysis and we found that this is valuing the Company Based on the numbers astrazeneca has put out. That seems pretty much in line for how the company should be valued. Perspective, they can go without really getting to a point where the costcutting is not so deep that it becomes pretty difficult. They can go up to about 4 billion in terms of cost cutting. Something that is a criticism that has