Industries association. Sen. Wicker all right, we will begin, and we appreciate people working with us on this partially remote, and partially in person hearing on a very important topic. The covid 19 pandemic has affected the normal operation of every Public Institution in our country. Including, as you can see, the legislative branch. I thank my colleagues and witnesses per for participating in todays hearing, which is the first of many covid19related oversight hearings that this committee will conduct. We will accomplish the business in accordance with the guidelines established by the rules committee, and in consultation with the office of the attending physician. And i want to thank my colleague and Ranking Member, senator cantwell, for her cooperation in this regard, and for all of our staff. The committee today convenes to discuss the state of the Aviation Industry. Witnesses, which are limited in number by the guidance we received from the senate, include nic calio, president a
And i want to thank my colleague and Ranking Member, senator cantwell, for her cooperation in this regard, and for all of our staff. Convenes toe today discuss the state of the Aviation Industry. Witnesses, which are limited in number by the guidance we received from the senate, include nic calio, president and chief executive officer of airlines for america, todd president and chief executive officer of the American Association of airport effectives, eric fanning, president of the chief executive officer of the Aerospace Industries association, and remotely, dr. Hilary godwin, dean of school of Public Health university of washington. No part of the American Economy has escaped the impact of the covid 19 pandemic. The air and transportation sector has suffered a particularly painful blow, one intensified by Global Travel resections and stay at home orders, Domestic Travel has declined over 95 compared to last year. Flying with 12 passengers on average. Half of the u. S. Passenger aircr
Comfort comes in to pier 90 here in midtown manhattan, a sign that more help is on the way. We are expecting news conferences shortly from the mayor bill de blasio and new yorks Governor Andrew Cuomo here, sara. Contessa, ill take it. Remarkable pictures as you said of the Field Hospital in the park and the comfort. Well be watching for the governors briefing we think in the coming moments good monday morning. Im Carl Quintanilla with Morgan Brennan and jon fortt, as we continue to practice social distancing as a precaution here at cnbc. Markets have been enjoying a relatively stable day. Weve been in a range of probably plus t2 or 300 points n the dow. Boeing one swing factor, but overall rates coming down, guys, as we see at least some relative stability in stocks and the degree to which that helps us repair other markets will take time to understand eamon javers is going to remind us of a political story from a couple weeks ago he has that this morning as well hey, eamon yeah. It se
Just not in qe times anymore. Youre in the qt era. It is a higher rate environment. Cant be the same multiples as before. It is not bad, just different. Just a different environment. Pretty clear from my conversation with the Hedge Fund Legend hes trying to figure out what the right multiin many this market is like all of you is. Is it 18 times, 19 times, 16 is it lower than that . If so, that wouldnt be great. Thats what he said. Not terrible, but he did tell me about a new investment he made yesterday. Know what he did . He got 6 on his cd for six months. So he put some cash there. Like a lot of you have done. Says he didnt tell anything in his portfolio, thats clear. Stocks are lower as we come on the air. Wanted to bring you that news first as well. Government shutdowns looming, thats the overhang today. In part with Everything Else. Lets kick all of it around, comments from david tepper with cnbcs senior markets commentator, mike santoli. Lets start with what tepper had to say, he
Days cooling trade. And the crystal blue caribbean sea. Nonstop flights are available from most major airports. More information for your vacation planning is available at the rubric dot com. And now abc world news. This is bbc world news america reporting from washington im your true value. President trump says no should transgender people serving in the military. Citing cost and disruption. Those impacted speak about the disappointment of not being able to sign up. Its heartbreaking that they wont let me. Been offset. But. For now thats all the card. You can i will ban diesel and petrol caused by twenty four seats. Look at the changing face of the major industry worldwide. And it just click the my shocking serial murders in u. S. History. It essentially like ten. Nineteen shed on the killing of the osage indians. Welcome to world news america. President trump surprise decision to ban transgender people from the us military has created confusion about that face as members of the armed