Fast moving. And successful beyond belief. That this is the way we do it. Not only would start. On d w. Grounded and pounded financially a groan of ours crisis slams the brakes on air travel stripping German Airline giant tons or of any chance of turning a profit whens your next funds if you wait till 2024. What to do when you come to rwanda is amazing parks in person virtually. And we visit a german gingerbread maker hes already bracing for the Holiday Season the pandemic has taken a little spice out of the trade. And been fizzling lets do business the transit has just posted a one and a half 1000000000 euros loss for the last quarter thats not as severe as full cost but it still does well chief executive board doesnt expect the man to return to precrisis levels before 2024 echoing a warning from the International Air transport association. The skies are empty in germany the number of air travelers has dropped by 80 percent since the start of the corona Virus Outbreak and the situatio
A rebound for europes largest economy but what about a 2nd wife. And a german gingerbread make it braces for the Holiday Season the pandemic has taken a little spice out of the trade. And been physical and lets do business those times as posted a one and a half 1000000000 euros loss for the last quarter its not as severe as thought but it still does will chief executive customs for doesnt expect demand to return to precrisis levels before 2024 echoing a warning from the International Air transport association. Most of its planes are still ground day to pump tang currently on used to runways of tons that has been part nationalized point in a deal granting it 9000000000 euros in state aid a lifeline out of the crisis. In the 1st quarter of this year the Airline Already suffered operational losses to the tune of 1200000000 euros in the 2nd quarter as much as 1700000000. Radical change is the order of the day in june looked left the german dax index and the German Government now owns a 20
You are not even a turn off and yet you want to become citizens. In full migrants your platform for reliable information. About the Magic Kingdom lost some of its luster disney reporting a nearly 5000000000. 00 quarterly loss its 1st since 2001 so why are its investors in such a good mood. And what to do when you cant swirl why those parks in person do it virtually. Cost on the show well visit a german gingerbread baker was bracing for a gloomy Holiday Season not just because of the pandemic. Hello and welcome im seeing beardsley ember lead its good to have you with us the crowd a virus pandemic may have not. Some of the fairy dust from disney but that did not deter investors shares in the company jumping on wednesday despite disneys 4700000000. 00 quarterly loss vespers choosing instead to focus on bright spots including the rapid growth of streaming Services Disney plus as well as plans by disney to release its feature film lawn on disney plus in september. And for more on this lets
Seeing beardsley in berlin its good to have you with us the krona virus pandemic may have knocked some of the fairy dust from disney but that did not deter investors shares in the company jumping on wednesday despite disneys 4700000000. 00 quarterly loss investors choosing instead to focus on bright spots including the rapid growth of streaming Services Disney plus as well as plans by disney to release its feature film lawn on disney plus in september. And for more on this lets go to our financial correspondent in new york korda yens good to see you all right so a big loss for disney but instead or despite this i should say a lot of love from investors shares rising 9 percent i believe whats going on. You know an incredible performance on wall street was the stock of disney im standing here in one of so many closed a movie theaters in brooklyn and interestedly enough to be advertised for the opening off the movie moulin you just mentioned supposed to open on march 27th so well that obv
I was a student i wanted to build a life for myself. But suddenly life became how much counts on. Providing insights global news that matters d. W. Made for mines. The. Trouble in paradise the seychelles once troops rolled back its biggest money spinner tourism more visitors mean more money what about the environment. Far from silky smooth chinas new silk road faces more criticism over transparency good luck about says must say its not a 2 way street. Wise africa tries fixing cocoa prices to combat fall of poverty but there are reports global chop makers are undermined. Its if its. Been physical and lets do business 1st this new south African Airways has announced its selling some of its aircraft the cash strapped carry a is shedding 9 of its air bus 340 planes like this one along with several spare engines it says the sale is to make space for new aircraft it is not linked to the state owned Companies Rescue process South Africans unions have warned the airlines could have to suspend