this is bbc news. we will have the headlines and all the main news stories for you at the top of the hour straight after this programme. a very warm welcome to a special edition of talking business weekly with me. let s go take a look at what is on the show. the airline industry is roaring back to life after covid and thinking about how to get us back on board so here we are at the airline passenger experience summit in long beach, california. this is where you can find everything from the next generation of in flight tvs to the seats in the fit. it is where the airlines work out what we want to make our journey is even better. investing in the future, it can be a pricey affair, especially when covid has cost you billions. the big boss of air new zealand will tell me how he is reshaping things after getting through some of the words toughest lockdown restrictions and once you ve got all those passengers on board, how do you feed and entertain them? well, i m going to taste so
The issue will figure in the Ministerial Conference (MC) of the World Trade Organization (WTO) in Abu Dhabi. The four-day meet will start from February 26. MC is the highest decision making body of the WTO.
The United States on Tuesday formally accepted a historic agreement banning harmful fisheries subsidies, becoming the first among large fishing nations in the World Trade Organization to do so. WTO director-general Ngozi Okonjo-Iweala hailed the move for bringing the agreement closer to coming into effect. After more than two decades of negotiations towards banning subsidies that encourage overfishing and threaten the sustainability of the planet's fish stocks, a deal, albeit watered down, was finally sealed last June.
to air travel and according to the global trade body, four and half billion passengers flew in prepended 2019 and that is the yardstick many still measuring against as numbers fell 60% during the pandemic. things are recovering. the latest data shows a total global passenger numbers, there are nearly 74% of pre covid levels in august of this year. and the world s biggest airline by passenger numbers, american airlines said recently. and that s despite a host of challenges such as the worsening economic outlook in many parts of the world, fuel costs that have scored because of the war in ukraine and ongoing problems across the industry in finding just enough staff. and that is crucial to making our journeys work smoothly and returning the airlines to profitability. so they can splash the cash on all the stuff that is here at the show.