Things that will be valuable to the pilots its not always the case that more information adds to safety. Though in this case we understand this, this is one of the additions going forward. Brazil thought it added to their safety i want to touch a little bit on senator fisher, the question that she raised earlier. All these changes have taken place, of course over the years. And this plane is still working off its original certification from 1967. This is despite the fact that pilots have told me the max 8 is in no way functionally similar to the original 737s that took to the skies 52 years ago. I said in the last hearing that we had, seems to me like theres been so many significant modifications, its almost as if you took a canoe and turned it into a cruise ship mr. Hamilton, can you tell me how many derivative certificates boeing has received for the 737 since initially being certified over 50 years ago . I senator, i dont have the exact number in my head. Its approximately 14. 14 or
The committee on transportation infrastructure will come to order. I ask unanimous consent that security be authorized to declare basis of the hearing without objection, so ordered. I also ask unanimous consent for the Ranking Member of the full committee to be recognized for ten minutes each i will be making to unanimous requests for documents from the attorneys said. I see nothing that is export sensitive in these documents will be making a unanimous consent request pistol into the export control act and make a unanimous consent request to enter the documents on the list into the hearing record. This list includes the export control documents theyve reviewed all these documents on both lists and with i would ask unanimous consent that they be disclosed pursuant to the code. I want to reserve my right to object. The reason for doing that is we have had at least two that i can remember noting the industries and that includes maritime, transit, you name it and they would love to have th
120 countries. Im ritika gupta. This is bloomberg. In his 1 00 p. M. In new york, 6 00 p. M. In london, 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories from around the world we are following. President trump calling for the democrat leading the house impeachment inquiry to be questioned for treason. We have the latest from washington. Looks safe for now. The Credit Suisse board backing the ceo after an investigation into a spying scandal. The coo could take over. Wait. K, now we the company withdrawn its initial public offering. All that in the next 30 minutes. Abigail doolittle is with us, halfway into the last trading day of the quarter. Abigail the dow, s p, nasdaq all near session highs. The dow and the s p 500 set for quarterly gains. Of nasdaq on the cusp whether it may put in its first quarterly loss of the year. Gains continue, maybe it will join the dow and s p 500 higher. Not as ri
Good morning. And i want to thank the witnesses for joining todays hearing on the implementation of the faa reauthorization act of 2018. One year ago, this committee wrote comprehensive Bipartisan Legislation to raise the bar on aviation safety, improve the flying experience for the traveling public, better prepare and diversify the aviation workforce and foster innovation in the u. S. Airspace. Todays hearing is a critical milestone in the subcommittees oversight work to ensure the timely implementation of the law in accordance with our intent and to address new challenges. Although the faa has made some progress on fulfilling the laws directives, ongoing implementation delays threaten the important work needed to advance u. S. Aviation and aerospace and maintain our global leadership. Our first panel of witnesses are dan ellwell, faas deputy administrator and joel savat. Mr. Elwell and zavt, i expect your testimony administrations efforts to swiftly implement last years law. I would
Strength at an anniversary celebration. The message is clearly one of unity and stability. Meanwhile, violent clashes in hong kong show the extent of dissent against beijing. There have been pitched battles all day long. Boris johnson floats a brexit plan, but it is short of a done deal. There are some issues that are problematic. Australias central bank rolling out another rate card. Investors are already starting to price in another cut for december. To flatten out more tariffs on the eu. The ultimate goal according to the u. S. Trade Representatives Office is to hit europe where it hurts. Plus, an exclusive conversation with indonesias president. He is pledging reforms that will attract investors. You will see many sectors removed from the negative investment list to create new jobs. Its all straight ahead on bloomberg best. Hello and welcome. This is bloomberg best, your weekly review of the most important business news, analysis, and interviews from Bloomberg Television around the