of earthquakes raise fears of a volcanic eruption. authorities have ordered thousands living in the southwestern town of grindavik to evacuate as a precaution. now on bbc news, talking business. hello, everybody. a very warm welcome to this special edition of talking business weekly. with me, aaron hazelhurst, coming to you from long beach, california. let s go and take a look at what s on the show. a flight full of dollars. that s right. the airline industry is on course to return to profit this year after the turbulence of covid. so we re going to find out how they re investing that cash in the next leg of our journeys. holy cow! from virtual reality to robot wheelchairs, we re here at the airline passenger experience expo to find out what airlines are doing with the latest technology and innovations to help us enjoy our flights. i m going to be sitting down with one of the most influential figures in the industry, the big boss of qatar airways, to hear how he s expanding h
attacks since october seven. iceland s government has declared a state of emergency and evacuated thousands of people from towns in the west of the country amid a rising chance of a volcanic eruption. now come on bbc news, talking business. hello, everybody. a very warm welcome to this special edition of talking business weekly. with me, aaron hazelhurst, coming to you from long beach, california. let s go and take a look at what s on the show. a flight full of dollars. that s right. the airline industry is on course to return to profit this year after the turbulence of covid. so we re going to find out how they re investing that cash in the next leg of ourjourneys. holy cow. from virtual reality to robot wheelchairs, we re here at the airline passenger experience expo to find out what airlines are doing with the latest technology and innovations to help us enjoy our flights. i m going to be sitting down with one of the most influential figures in the industry, the big boss o
and that return of demand, well, it comes despite rising fares for passengers. you know, according to data from the travel website kayak, globalflight prices have risen 16% between july and september this year compared to the same time a year ago. and that s helped some airlines to record record profits. however, the airline body, iata, that s the international air transport association, says despite those higher fares, the average airline will make a profit ofjust $2.25 per passenger as the rest of the moneyjust gets sucked up by rising costs. and that s the big challenge, because in the last few months, we ve seen a steady increase in oil prices. of course, that s the number one expense for airlines. there s also ongoing staffing shortages everywhere, from baggage handlers to pilots. and then there s the cost of moving towards greener aircraft. but despite the cost of living crisis, it s been leisure rather than business travel which has been feeding into this strong appeti
Youre watching Market Makers here on bloomberg television. Friday in new york city. Im eric schatz sker. Im stephanie ruhle. This bill gross news is huge. No other way to describe it. An earthquake hit the bond market this morning. The bond king himself, bill gross, is leaving pimco, the Money Management powerhouse he cofounded which turned him into a billionaire. Hes moving to january us in Janus Capital to work for his former colleague. Pimco said fundamental differences led to the departure. Gross says he wanted to spend more of his time managing client assets. Bill powers is a former pimco managing director who has built his own property investing bills since leaving the firm four years ago. He joins us from nantucket. Great to have you on the show. Glad you could take time out for us from nantucket. Tell us, what seems to make the most sense to you . The idea that there were these fundamental differences between gross and pimco . Or this notion that gross is putting out there he s
a long line of nuclear illusionists advocating grandiose goals for nuclear energy without any evidence to suggest they could be achieved, and much to suggest why they never will be. “In recent years the nuclear industry seems to have quietly changed its business model from making and selling products to harvesting subsidies for fantasies” the…