Period for airlines. Last year, monarch became the Third European carrier to collapse, following air berlin and alitalia. Its one of the factors helping iag, along with improving fares after a spell which saw low fuel prices force airlines to flood the market with cheaper tickets. And last was particularly tough, iag suffered a major it collapse that stranded 75,000 passenger and cost iag 103 million. The airline launched a Budget Airline called level last year, offering fares from barcelona to several us cities for 137 one way. This transatlantic market, the most lucrative in the world, saw budget carriers boost capacity on these routes by 68 last summer. With me is daniel roeska, transport analyst at bernstein research. Thank you forjoining us. Let us start on what you can expect. Generally the picture looks very rosy for iag. Absolutely. What were seeing is that the trading is exceptionally good. Signal factors are up. You mentioned the mike mack consolidation. There is out of the u
Treading water. Well talk you through the movers and the shakers. And just how do you find your next customers in the digitaljungle . Well be getting the inside track on the world of Digital Advertising later in the programme. Well look at reports amazon is about to launch smart glasses using its alexa ai. Let us know what you think about this. Are smart glasses a wearable device too far . Just use the hashtag bbcbizlive. Hello and welcome to business live. Tata steel and thyssenkrupp have agreed to merge operations. It is a move that would create the second biggest steel maker in europe. The two companies have been in negotiations since last year when tata halted the sale of its uk business. Talks had stalled over tatas huge pension liabilities. So what do we expect . The News Business will employ a8,000 people and the combined group, it will operate across 31 Different Countries gcioss will operate across 31 Different Countries across europe. Just before we came on air i spoke to thy
And we look back at the past week in business, when us markets had their worst day since november, and the economy was the main focus in the uk election. Thats all with our Business Editor, simonjack. We always want to hear from you. Its easy to get in touch with the programme just use the hashtag bbcbizlive. Hello and welcome to Business Live. It is friday, we have got that friday feeling. We start in france where the new president , emmanuel macron, says he expects no honeymoon from the public after his first week in power. He now has to try and win a majority in next months parliamentary elections and implement the Economic Policy he says can turn the country around. So what is Macron Economics and can it solve frances problems . Macron calls himself neither right nor left, hes a centrist, and, sure enough, the team he announced on wednesday is a diverse mix of figures from the left, right and centre. He says his Economic Policy is based on the nordic model. Whats that . Basically,
Fine for google. Also, fine for google. As packets of weetabix are inhabited also, as packets of weetabix are inhabited new zealand, we want to know what you cant live without when you go on holiday. Is it your pot of marmite or your tea bag . Its the tea bags for me. Let us know. Just use the hashtag bbcbizlive. Hello and welcome to Business Live. We start with more problems for British Airways. Thousands of passengers are learning that their flights have been cancelled because of an unprecedented 16 day strike by some cabin crew, which begins tomorrow, july 1st. On thursday, ba said most flights will operate as normal, but it has cancelled a number of long haul departures to and from heathrow. Short haul and flights from other uk airports are unaffected. So whats it all about . The unite union says cabin crew who have taken industrial action over pay in the past have been blacklisted losing benefits like staff Travel Concessions and bonuses. Ba estimates around 8 of its total cabin c
A long time advocate for car sharing, ridesharing and Driverless Technology expects all vehicler develop towards follow the law. That includes ubers ceo. I think he should not be operating his driverless Vehicle Technology on our streets without that permit. 20 other companies have not had a problem getting the permits. Uber maintains that a permit is not needed since theres a human attendant in the drivers seat. The dmv rejected that argument in the driverless car registrations. Why do we have to rush it out there so fast . It seems like theyre pushing this through in a year from conceiving the idea of having Driverless Cars to having them actually operating. After the meeting today, the dmv announced its revoking the registration for the 16 cars. In response to that, uber says theyre stopping the program for now and released this statement that says, quote, we are now locking at where we can redeploy the cars but remain 100 committed to california and will be redoubling our efforts.