To normal in a province once the epicenter of the virus in china. Will also be looking at how the social Media Movement called care mongering is helping Vulnerable People cope with the crisis wherever they are. And its for chinas top Football League is aiming for a quick return to action the teams are now back in training hoping to kick off the season in may. So another surge in the number of people who have died from coronavirus in europe as the continent struggles to contain the outbreak spain 832 people have died there in just 24 hours it brings the total number of the dead to nearly 5700 since the outbreak began italy also really struggling to control things on friday it recorded the highest death toll of any single day anywhere in the world it was 909. 00 teen deaths as a result of covered 19 in 24 hours and theres also a 21. 00 day government lockdown which is affecting lives of hundreds of thousands of market workers in india a Public Transport Service is suspended leaving milli
End Coal Financing being undermined by new credit from china and japan. Lets take a look at the markets now. Looks like very much like the past couple of weeks although potentially more so. Very volatile, s p 500 futures have begun to trade and we automatically have begun to see a decline of 2. 8 . We saw last week a gain in the u. S. The s p but the average move was three points. Olatility is still reigning sustaining stocks losses for a second day. The safe even been coming back coming safe haven bid back strong. The u. S. The yen is strongest since the 2016 election in the u. S. A rough day, 41 a barrel for oil. Now investors are expecting more. Lets take a longer look at wti crude. Not even not only did the meeting in vienna not result in agreement, but saudi arabia has initiated an allout price war saying they will pump 10 Million Barrels a day next month. Some analysts are expecting 30 oil prices again, near the lowest level over the past two decades. One analyst said he sees pot
Runway so what this will do is to will give us enough room to keep on growing and delivering the plans we have and the strategy cut that it was has for up to 2030 because of a blockade can you give us an idea about how youre coping with with it protected from a financial perspective well as far as the Financial Impact is the impact is huge but we have mitigated the impact by reducing our losses. Dont forget that. An airline that flies on an average 20 to 25 minutes extra due to the blockade is a huge impact on the bottom line of the company especially since we are not a Small Airline we have over 650 departures and arrivals a day. So this is putting a huge financial pressure on the airline but we are sustaining it over revenues in the last Financial Year was 20 percent higher then the Previous Year so you can see that we are on the correct path delivering the growth that that edwards has in its strategy weve seen you work in different strategies like acquiring stakes in Different Airli
Back to block at times we are investing we are already as a matter of fact. Above the capacity of the airport we will be closing. Over 40000000. 00 passengers by the end of this year and the capacity of the airport is only 35000000. 00 so we are expanding the airport. To a capacity of 53000000 passengers initially when after 202254 world cup is over. We will then expand the capacity to just under 70000000 passengers by completing the concourse on the west apron next to the west and to the runway so what this will do is to will give us enough room to keep on growing and delivering the the plans we have and the strategy cut that it was has for up to 2030 because of a blockade can you give us an idea about how youre coping with with it protected from a financial perspective well as far as the Financial Impact is the impact is huge but we have mitigated the impact by deducing our losses. Dont forget that. An airline that flies on an average 20 to 25 minutes extra due to the blockade is a h
2030 because of a blockade can you give us an idea about how youre coping with with it protected from a financial perspective well as far as the Financial Impact is the impact is huge but we have mitigated the impact by reducing our losses. Dont forget that. An airline that flies on an average 20 to 25 minutes extra due to the blockade is a huge impact on the bottom line of the company especially since we are not a Small Airline we have over 6 150. 00 departures and arrivals a day so this is putting a huge financial pressure on the airline but we are sustaining it over revenues. In the last Financial Year was 20 percent higher then the Previous Year so you can see that we are on the correct path delivering the growth that that there airways has in its strategy weve seen you work in different strategies like acquiring stakes in Different Airlines and new routes is this part of the strategy aimed at cushioning against the impact of the blockade exactly but that airways has to find altern