Browse content similar to 08/11/2017. Check below for episodes and series from the same categories and more!
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This is Business Live from BBC
News with Sally Bundock | 0:00:07 | 0:00:10 | |
and Jamie Robertson. | 0:00:10 | 0:00:12 | |
Scaling the Chinese Wall -
will the US President put past trade | 0:00:12 | 0:00:15 | |
tensions behind him to win
the support in America's | 0:00:15 | 0:00:17 | |
top trade partner? | 0:00:17 | 0:00:18 | |
Live from London,
that's our top story. | 0:00:18 | 0:00:24 | |
President Trump and the First Lady
have just landed in China and they | 0:00:43 | 0:00:50 | |
have met president Xi. | 0:00:50 | 0:00:52 | |
The nuclear threat posed
by North Korea is dominating | 0:00:52 | 0:00:55 | |
the agenda but Mr Trump is also
expected to take aim at trade | 0:00:55 | 0:00:58 | |
relations between China and the US. | 0:00:58 | 0:00:59 | |
Also in the programme. | 0:00:59 | 0:01:01 | |
Investor's patience snaps -
Snapchat is loved by | 0:01:01 | 0:01:02 | |
teenagers but shares in its owner
plunged almost 20% in after losses | 0:01:02 | 0:01:05 | |
in the struggling app trebled. | 0:01:05 | 0:01:07 | |
The European trading day is under
way. Most of the share markets are | 0:01:07 | 0:01:11 | |
headed higher. Our markets guest
will fill you in on all you need to | 0:01:11 | 0:01:15 | |
know. | 0:01:15 | 0:01:16 | |
And we'll get the inside track
on the all important | 0:01:16 | 0:01:19 | |
inflight experience -
we've all had a bad or memorable one | 0:01:19 | 0:01:25 | |
- so how do plane-makers deliver
what passenger actually want? | 0:01:25 | 0:01:29 | |
We will hear from man whose job
it is to make the cabin | 0:01:29 | 0:01:32 | |
a place you'd want to be. | 0:01:32 | 0:01:35 | |
So today we want to know what's most
important to you when you fly? | 0:01:35 | 0:01:38 | |
Let us know. | 0:01:38 | 0:01:40 | |
Just use the hashtag #BBCBizLive. | 0:01:40 | 0:01:49 | |
Hello and welcome to Business Live. | 0:01:50 | 0:01:55 | |
I will soon be on a long haul flight
with three little boys. I don't | 0:01:55 | 0:01:59 | |
think anyone can help me. I'm
dreading it. | 0:01:59 | 0:02:04 | |
The leaders of two economic
powerhouses meet today. | 0:02:04 | 0:02:07 | |
It was all smiles on the tarmac. | 0:02:07 | 0:02:10 | |
US President Donald Trump
is in Beijing as part of a marathon | 0:02:10 | 0:02:13 | |
Asia tour and is set to announce
billions of dollars | 0:02:13 | 0:02:16 | |
in deals to address a trade
inbalance with China. | 0:02:16 | 0:02:18 | |
China is America's largest trading
partner, but it's a tense | 0:02:18 | 0:02:21 | |
relationship largely due
to a yawning trade gap, | 0:02:21 | 0:02:23 | |
which means America buys more
from China than it sells to it, | 0:02:23 | 0:02:27 | |
that was nearly $350
billion last year. | 0:02:27 | 0:02:32 | |
Trump has bolstered his presence
with a team of corporate big wigs, | 0:02:32 | 0:02:38 | |
including bosses of Goldman Sachs,
Boeing and energy firm Texas. | 0:02:38 | 0:02:43 | |
He aims to sign deals that mean
China buys more US goods, | 0:02:43 | 0:02:47 | |
from farming to energy. | 0:02:47 | 0:02:50 | |
The Trump administration is also
threatening to impose import tariffs | 0:02:50 | 0:02:54 | |
of around 20% on steel from China
and other nations, as it tries | 0:02:54 | 0:02:59 | |
to adress a global glut
and protect its domestic industry. | 0:02:59 | 0:03:07 | |
The US has already imposed
preliminary import duties, | 0:03:07 | 0:03:11 | |
between 97% and 162%,
on Chinese aluminium foil, | 0:03:11 | 0:03:19 | |
saying the goods are being sold
at unfair low prices. | 0:03:19 | 0:03:21 | |
The US is also investigating claims
that China has stolen US | 0:03:21 | 0:03:24 | |
intellectual property,
ignoring patent and copyright rules. | 0:03:24 | 0:03:29 | |
Steve McDonnell is in Beijing. | 0:03:29 | 0:03:33 | |
Steve, it has been a huge amount of
talk about war on this Asia trip. | 0:03:33 | 0:03:39 | |
War on the Korean peninsula,
possibly, you never know and trade | 0:03:39 | 0:03:42 | |
war with China. What's he been
saying? What are the chances the | 0:03:42 | 0:03:47 | |
idea of trade war with China? Yes,
well, of course, the two big | 0:03:47 | 0:03:54 | |
subjects, you're right are North
Korea's nuclear weapons and trade | 0:03:54 | 0:03:58 | |
relations on this trip to Asia from
Donald Trump. Now I think the | 0:03:58 | 0:04:02 | |
message here, although we haven't
heard from him yet is going to be | 0:04:02 | 0:04:05 | |
similar to what we heard in Japan
and South Korea which was that China | 0:04:05 | 0:04:10 | |
and Japan and South Korea have
unfair trade relations when it comes | 0:04:10 | 0:04:15 | |
to the United States. Now, there is
quite some debate about this and as | 0:04:15 | 0:04:19 | |
we speak, Donald Trump is inside the
forbidden city. I guess initially it | 0:04:19 | 0:04:28 | |
could be pleasantries and the like,
but they will be getting down to | 0:04:28 | 0:04:31 | |
serious talks over the coming two
days and what we might expect, when | 0:04:31 | 0:04:36 | |
the leaders meet, especially in
another country, they love to have | 0:04:36 | 0:04:43 | |
an announceable in diplomatic speak,
keep an eye out where it might be an | 0:04:43 | 0:04:49 | |
announcement about China investing
in the US in some way or some sort | 0:04:49 | 0:04:53 | |
of a deal along those lines because
it makes it appear like there is | 0:04:53 | 0:04:58 | |
some sort of movement on this
question of the trade imbalance that | 0:04:58 | 0:05:03 | |
we were just speaking about. What
does the Chinese president want out | 0:05:03 | 0:05:10 | |
of this, do you think? Well, I
think, you know, for him, of course, | 0:05:10 | 0:05:15 | |
it is the same for Donald Trump,
these two countries so need each | 0:05:15 | 0:05:19 | |
other when it comes to the economy
and it's why, you know, they are | 0:05:19 | 0:05:23 | |
banding together also to try and
sort out the problem with North | 0:05:23 | 0:05:27 | |
Korea's nuclear weapons because
China hates destabilisation. It | 0:05:27 | 0:05:31 | |
wants things to be calm and steady
for trade and commerce and relations | 0:05:31 | 0:05:35 | |
in the region. And that is a threat.
So it's also an economic threat when | 0:05:35 | 0:05:40 | |
they are talking about the pressure
that North Korea is bringing to bear | 0:05:40 | 0:05:44 | |
on other countries and so, yes, I
think both countries would like to | 0:05:44 | 0:05:48 | |
see a much better flow of commerce,
but they do have their differences. | 0:05:48 | 0:05:52 | |
I mean for example, there are all
sorts of industries here that | 0:05:52 | 0:05:56 | |
foreigners, foreign companies cannot
invest in. You can't buy a Chinese | 0:05:56 | 0:06:00 | |
cold mine for example or Chinese
steel mill and for many industries, | 0:06:00 | 0:06:04 | |
unless you're doing it with a sort
of co-operation, joint venture with | 0:06:04 | 0:06:09 | |
the Chinese outfit then you can't do
business in China. Other countries | 0:06:09 | 0:06:13 | |
including the United States are
saying that's not fair because we | 0:06:13 | 0:06:17 | |
let Chinese countries Chinese
companies come to our country and | 0:06:17 | 0:06:26 | |
these are the things that they will
be trying to nut out. | 0:06:26 | 0:06:29 | |
Let's take a look at some of
the other stories making the news. | 0:06:29 | 0:06:33 | |
Shares in the owner of Snapchat have
plunged in after hours trading | 0:06:33 | 0:06:36 | |
after the firm reported losses
of more than $400 million | 0:06:36 | 0:06:38 | |
in the last three months. | 0:06:39 | 0:06:41 | |
The company struggled to attract
new users and had lower | 0:06:41 | 0:06:44 | |
than expected revenue. | 0:06:44 | 0:06:45 | |
Snap says it is now working
to overhaul the messaging app. | 0:06:45 | 0:06:52 | |
We will have more in a moment. | 0:06:52 | 0:06:56 | |
Sky has suggested it is open
to shutting down its news channel | 0:06:56 | 0:06:59 | |
in order to facilitate its takeover
by Rupert Murdoch's | 0:06:59 | 0:07:01 | |
21st Century Fox. | 0:07:01 | 0:07:02 | |
Fox already owns 39% of Sky,
but regulators are investigating | 0:07:02 | 0:07:05 | |
the deal amid concerns that
Mr Murdoch's media empire | 0:07:05 | 0:07:07 | |
could become too powerful. | 0:07:07 | 0:07:17 | |
Twitter has doubled its tweet limit
to 280 characters in a bid | 0:07:19 | 0:07:22 | |
to draw in more users. | 0:07:22 | 0:07:23 | |
The company announced
an experiment in September | 0:07:23 | 0:07:26 | |
which will now be rolled out
to users worldwide. | 0:07:26 | 0:07:28 | |
The decision is part of plans to try
and boost engagement | 0:07:28 | 0:07:31 | |
at the social network. | 0:07:31 | 0:07:34 | |
Have you done it yet? What? Tweeted
more than 140 characters. I think it | 0:07:38 | 0:07:43 | |
is really important to have that
discipline of the 140 or whatever it | 0:07:43 | 0:07:50 | |
was. I have been waffling like mad.
It encourages wafflers. They say | 0:07:50 | 0:07:56 | |
teenagers have become better at
writing because they are more | 0:07:56 | 0:07:58 | |
concise. They put likes like U.
Never mind, that's just carping. I | 0:07:58 | 0:08:10 | |
wanted the picture of groundhog. You
are going to have to explain why it | 0:08:10 | 0:08:13 | |
is there. It is Groundhog Day for
marks and spender. We will be | 0:08:13 | 0:08:19 | |
talking about M&S more in a while. | 0:08:19 | 0:08:23 | |
Nissan has lowered its annual profit
forecast by almost 6% | 0:08:23 | 0:08:26 | |
after a certification scandal forced
it to recall more than | 0:08:26 | 0:08:28 | |
a million vehicles. | 0:08:28 | 0:08:31 | |
The Japanese car-maker revealed last
month that unqualified technicians | 0:08:31 | 0:08:36 | |
had been carrying out the
inspections of vehicles for decades. | 0:08:36 | 0:08:39 | |
Leisha Santorelli is in Singapore. | 0:08:39 | 0:08:43 | |
Tell us more about Nissan?
Well, Sally, this is a poor result | 0:08:43 | 0:08:48 | |
for Nissan given its biggest rivals
Honda and Toyota just raised their | 0:08:48 | 0:08:55 | |
profit outlooks when they reported
this. Is due to several reasons, | 0:08:55 | 0:09:00 | |
sales in the US has not been doing
well. Nissan had to make | 0:09:00 | 0:09:05 | |
compensation payments in the US for
cases by the faulty airbags. The | 0:09:05 | 0:09:10 | |
biggest reason has to do with the
certification scandal, Nissan was | 0:09:10 | 0:09:16 | |
forced to stop production for nearly
a month and six factories produce | 0:09:16 | 0:09:20 | |
about 1,000 cars a day for the
Japanese market. That really hit the | 0:09:20 | 0:09:24 | |
deliveries in October. So
reputationly, this is very damaging | 0:09:24 | 0:09:31 | |
to Nissan's new chief executive
officer who took over in April and | 0:09:31 | 0:09:35 | |
he promised to get to the bottom of
the mess, but the good news is | 0:09:35 | 0:09:40 | |
analysts believe the certification
scandal at Nissan will only have a | 0:09:40 | 0:09:44 | |
temporary impact on earnings so the
outlook past this next financial | 0:09:44 | 0:09:50 | |
year maybe brighter since we have a
weakening yen. | 0:09:50 | 0:09:55 | |
Toyota doing well today on markets.
Its shares up 1%. Japan as well | 0:09:55 | 0:10:01 | |
closing up on the day, 23 points.
Nothing too dramatic, but a slight | 0:10:01 | 0:10:05 | |
increase, but you can see across
Asia, it was a mixed day, if not a | 0:10:05 | 0:10:09 | |
flat day. Let's look at Europe now.
Marks & Spencer. Their pre-tax | 0:10:09 | 0:10:16 | |
profits down by 5.3%. The news that
their chief financial officer Helen | 0:10:16 | 0:10:22 | |
Weir is going. We are not sure why
she is going, but a lot of changes | 0:10:22 | 0:10:26 | |
at the top with the Director of
Clothing at MAS gone. M&S shares | 0:10:26 | 0:10:34 | |
flat, but markets headed slightly
up. We will talk more on markets. | 0:10:34 | 0:10:39 | |
Here is more detail on Snapchat.
Here's Samira. | 0:10:39 | 0:10:55 | |
Snapchat had its best day nine
months ago back in March, | 0:10:55 | 0:10:58 | |
when it first started trading
on the New York Stock Exchange. | 0:10:58 | 0:11:00 | |
Its share price skyrocketed that day
by 44%, but since then it's | 0:11:00 | 0:11:03 | |
been a steady decline. | 0:11:03 | 0:11:04 | |
The business is not growing the way
investors had hoped. | 0:11:04 | 0:11:07 | |
This past quarter, Snapchat's daily
active users only grew by 17%. | 0:11:07 | 0:11:09 | |
They are facing some
stiff competition from | 0:11:09 | 0:11:13 | |
Facebook-owned Instagram. | 0:11:13 | 0:11:15 | |
Another big setback
has been advertising. | 0:11:15 | 0:11:16 | |
Smaller advertisers still haven't
figured out how, or even why, | 0:11:16 | 0:11:19 | |
they should advertise on Snapchat. | 0:11:19 | 0:11:22 | |
Now, compare that to Facebook,
which made $10 billion | 0:11:22 | 0:11:24 | |
from advertising in just
the last quarter. | 0:11:24 | 0:11:31 | |
Snap execs have asked
for patience from investors, | 0:11:31 | 0:11:35 | |
but just how long will they wait
before jumping ship? | 0:11:35 | 0:11:38 | |
Time could be running out
for the little app that was built | 0:11:38 | 0:11:40 | |
just five years ago by a couple
of kids in college. | 0:11:40 | 0:11:48 | |
Joining us is Lawrence Gosling,
editor in chief of Investment Week. | 0:11:48 | 0:11:53 | |
Good morning. Good morning. It looks
like a bit of a disaster. I have to | 0:11:53 | 0:12:00 | |
say. Talking about Twitter
increasing the number of characters | 0:12:00 | 0:12:03 | |
as well, the pressure on Snapchat
looks humongous to me and difficult | 0:12:03 | 0:12:07 | |
to see how they can innovate their
way out of this problem. Their | 0:12:07 | 0:12:11 | |
losses are getting bigger. Market is
giving up hope on them and more | 0:12:11 | 0:12:15 | |
importantly, they are not attracting
as many users. My children don't | 0:12:15 | 0:12:19 | |
talk about it very much anymore. Is
that because they are snapping and | 0:12:19 | 0:12:23 | |
not talking to you? No, they are
definitely talking to me! They are | 0:12:23 | 0:12:29 | |
using different platforms to
communicate with their friends. | 0:12:29 | 0:12:32 | |
Doesn't it emphasise the difficulty
you have now, coming under the radar | 0:12:32 | 0:12:37 | |
and trying to get a place in this
market which is so dominated by the | 0:12:37 | 0:12:42 | |
Facebooks and the Googles and the
Twitters? You have got to come in | 0:12:42 | 0:12:46 | |
with something that's truly
disruptive and something... Then | 0:12:46 | 0:12:49 | |
they just buy you out or copy you?
It is easy. Facebook tried to buy | 0:12:49 | 0:12:54 | |
them. If you are a big company, it
is easier to buy it or copy t it is | 0:12:54 | 0:12:58 | |
cheaper to copy in reality
particularly if you are buying a | 0:12:58 | 0:13:02 | |
business with $400 million of
losses. M&S... Yes. A lot going on | 0:13:02 | 0:13:07 | |
there. The CFO, the Director of
Clothing has gone and profits going | 0:13:07 | 0:13:15 | |
down and margins squeezed. It is
really difficult? It is a bit like | 0:13:15 | 0:13:18 | |
Snapchat, a horrible place to be.
New chairman, Archie Norman who has | 0:13:18 | 0:13:22 | |
a great reputation for turning
businesses around, so not too much | 0:13:22 | 0:13:25 | |
of a surprise to see senior people
going, but the bottom line is, their | 0:13:25 | 0:13:29 | |
clothing offering is not one that's
universally popular. They have kind | 0:13:29 | 0:13:32 | |
of lost focus. But the money they
make on their food has been really | 0:13:32 | 0:13:36 | |
squeezed? That's the lesson of the
rest of the food retailers, the | 0:13:36 | 0:13:40 | |
Tescos etcetera. Laurence, stay
there, because we are going to talk | 0:13:40 | 0:13:44 | |
about the papers in a while. See you
in a second. | 0:13:44 | 0:13:48 | |
Still to come. | 0:13:48 | 0:13:49 | |
What's most important
to you when you board an aiplane, | 0:13:49 | 0:13:52 | |
being on time, comfortable seat
or access to the internet? | 0:13:52 | 0:13:55 | |
One viewer says legroom. Someone
else said landing! | 0:13:55 | 0:14:00 | |
We ask the head of cabin services at
Airbus about the future of flying. | 0:14:00 | 0:14:03 | |
You're with Business
Live from BBC News. | 0:14:03 | 0:14:06 | |
And in the last hour
Marks and Spencer has | 0:14:14 | 0:14:17 | |
revealed its half-year results. | 0:14:17 | 0:14:19 | |
It used to be the darling of the
high street. It had a tough | 0:14:19 | 0:14:23 | |
half-year. S Pre-tax down 5.3%. News
that the retailer's chief financial | 0:14:23 | 0:14:33 | |
officer, Helen Weir is stepping
down. | 0:14:33 | 0:14:37 | |
Mike Ingram is the Chief Market
Strategist for WH Ireland. | 0:14:37 | 0:14:39 | |
He joins us now from our newsroom. | 0:14:39 | 0:14:41 | |
There seems to be a lot of things
going on at the top of the | 0:14:41 | 0:14:44 | |
management. Is that a problem? Yes,
potentially because of course, the | 0:14:44 | 0:14:49 | |
business faces a lot of challenges.
The results that you mentioned | 0:14:49 | 0:14:52 | |
weren't as bad as the market
expectation. We were perhaps looking | 0:14:52 | 0:14:57 | |
for a 10% decline in profitability,
it was down 5.3% better like for | 0:14:57 | 0:15:02 | |
likes in food and clothing, but at
the end of the day, costing | 0:15:02 | 0:15:08 | |
pressures remain intense
particularly on the food business. | 0:15:08 | 0:15:10 | |
Having spoken to the company a
little bit earlier on this morning, | 0:15:10 | 0:15:14 | |
they are actually seem to be
throttling back on this huge Simply | 0:15:14 | 0:15:19 | |
Food roll-out which they were
projecting only 12 months ago, again | 0:15:19 | 0:15:23 | |
showing that the pricing environment
isn't favourable. Yes, the clothing | 0:15:23 | 0:15:27 | |
margins came back somewhat. We were
expecting a 2% decline in like for | 0:15:27 | 0:15:32 | |
likes. Is that going to be sustain?
The Director of Clothing and beauty | 0:15:32 | 0:15:38 | |
left after #13407b9s 10 months and
it is the former Chief Executive of | 0:15:38 | 0:15:46 | |
Halfords who is in charge of that
business now. | 0:15:46 | 0:15:51 | |
What do you think the outlook is
like? We've got all that change as | 0:15:51 | 0:15:56 | |
you've just mentioned. Stephen Roe
the boss has come up with his | 0:15:56 | 0:15:59 | |
five-year plan. We've got the recent
introduction of Archie Norman. | 0:15:59 | 0:16:04 | |
What's your outlook that M and S?
When Steve Rowe unveiled his | 0:16:04 | 0:16:13 | |
turnaround plan about five months
ago he described it as fixed | 0:16:13 | 0:16:22 | |
stabilise and grow. We were still
firmly in that fix stage. These | 0:16:22 | 0:16:29 | |
results are rather better. But it's
very clear that they are scaling | 0:16:29 | 0:16:33 | |
back on food and they need to
accelerate the clothing reduction. | 0:16:33 | 0:16:38 | |
Thank you. Sorry to interrupt you.
Mike Ingram from WH Ireland. The | 0:16:38 | 0:16:47 | |
energy company SSE says it is going
to merge with NPower. | 0:16:47 | 0:16:55 | |
You're watching Business
Live - our top story. | 0:16:55 | 0:17:00 | |
It is President Trump and the first
Lady. They have arrived in Beijing. | 0:17:00 | 0:17:06 | |
They've met President Xi. Of course
the agenda is pretty packed. North | 0:17:06 | 0:17:10 | |
Korea will dominate but trade is
also firmly on President Trump's | 0:17:10 | 0:17:14 | |
agenda. | 0:17:14 | 0:17:15 | |
A quick look at how
markets are faring. | 0:17:15 | 0:17:19 | |
The European markets started just up
but not a huge amount. | 0:17:19 | 0:17:26 | |
And now let's get the inside track
on airplane cabins. | 0:17:37 | 0:17:39 | |
The industry is working hard
to improve the limited cabin | 0:17:39 | 0:17:42 | |
space, at least in first
and business class. | 0:17:42 | 0:17:44 | |
So, what do you see as the most
important areas for improvement? | 0:17:44 | 0:17:46 | |
A more comfortable seat? | 0:17:47 | 0:17:49 | |
Or is a great view your thing
and you want bigger windows? | 0:17:49 | 0:17:52 | |
Or is it all about inflight
entertainment and connectivity | 0:17:52 | 0:17:59 | |
To get an insider's view Ben met up
with Airbus' Vice President | 0:17:59 | 0:18:02 | |
for Cabin Marketing, Ingo Wuggetzer. | 0:18:02 | 0:18:12 | |
what we find out in market research
is they want the same product and | 0:18:15 | 0:18:18 | |
services like they have on the
ground. There should be a seamless | 0:18:18 | 0:18:22 | |
transition if you are at home, at
work or on an aircraft. It should be | 0:18:22 | 0:18:29 | |
the same experience, maybe even
better. Are we seeing the days of | 0:18:29 | 0:18:33 | |
getting on a plane where you were
out of contact for eight hours or 12 | 0:18:33 | 0:18:37 | |
hours, where you couldn't work
particularly productively, you went | 0:18:37 | 0:18:40 | |
in contact with the office or
friends or family, those days are | 0:18:40 | 0:18:46 | |
now over? I think that's the choice
of the passenger. It really depends. | 0:18:46 | 0:18:50 | |
If you can sleep, maybe you would
prefer that service. If you cannot | 0:18:50 | 0:18:59 | |
sleep, and I think 90% of passengers
are still flying economy. They use | 0:18:59 | 0:19:04 | |
in-flight entertainment or a
connectivity system to make their | 0:19:04 | 0:19:12 | |
travel very individual, using those
applications they use at home. What | 0:19:12 | 0:19:15 | |
other things that are holding back
innovation as far as the airline | 0:19:15 | 0:19:22 | |
passenger experience is concerned?
There is some limitation on the | 0:19:22 | 0:19:26 | |
technical side. You have to use some
satellites so the bandwidth might be | 0:19:26 | 0:19:29 | |
not enough, not fast enough to serve
600 passengers on an aircraft for | 0:19:29 | 0:19:40 | |
streaming applications and so one.
When you are considering what you | 0:19:40 | 0:19:43 | |
put on your next aircraft, how do
you make those decisions? By the | 0:19:43 | 0:19:47 | |
time you've got those aircraft in
service, the technology has already | 0:19:47 | 0:19:51 | |
changed. Exactly. The software is a
lot faster than hardware. That's why | 0:19:51 | 0:19:56 | |
we approached our last aircraft as a
modular platform. That makes it a | 0:19:56 | 0:20:01 | |
lot easier to cope with. You can
upgrade it. Is there a danger that | 0:20:01 | 0:20:12 | |
this innovation stalls? Airline
simply can't afford to put things on | 0:20:12 | 0:20:15 | |
board any more. Anything you talk
about aircraft, it's always | 0:20:15 | 0:20:21 | |
expensive. You have to provide a
certain safety level. That is still | 0:20:21 | 0:20:26 | |
something that people want. Paint a
picture of what air travel will look | 0:20:26 | 0:20:30 | |
like five years from now. In terms
of the cabin, I think we find the | 0:20:30 | 0:20:36 | |
same structure but a higher
segmentation. People have the same | 0:20:36 | 0:20:43 | |
tube but the segmentation in the
aircraft will change. We'll probably | 0:20:43 | 0:20:48 | |
find up to six different classes or
zones, whatever you call it. You can | 0:20:48 | 0:20:54 | |
select a tailor-made product for
different market needs. This is a | 0:20:54 | 0:20:57 | |
strong trend that we've seen. In
terms of connectivity, I think it | 0:20:57 | 0:21:04 | |
will become really seamless.
Everybody can use their phone easily | 0:21:04 | 0:21:08 | |
and will connect automatically. We
also find a lot of opportunities in | 0:21:08 | 0:21:15 | |
modern cabins to customise your
experience. You will have a lot of | 0:21:15 | 0:21:18 | |
LED lighting that will create a
spaciousness but also customised | 0:21:18 | 0:21:23 | |
mood experience. Tell me about ten,
15, 20 years. What are you working | 0:21:23 | 0:21:35 | |
on now that will take that amount of
time but you've already got an idea | 0:21:35 | 0:21:39 | |
of how it will look? My future
vision, for future travel, to be | 0:21:39 | 0:21:47 | |
honest, so you are sitting in an
aircraft that has a transparent | 0:21:47 | 0:21:50 | |
skin. You can look outside, enjoy
the space around you, feel great | 0:21:50 | 0:21:55 | |
about that, and then have a seat
that moves with your body. That's | 0:21:55 | 0:22:01 | |
the most comfortable seat you can
get. You can also get some help | 0:22:01 | 0:22:07 | |
treatment on the trip so you can
arrive healthier than you started. | 0:22:07 | 0:22:14 | |
That was the Airbuses vice president
talking and we asked you what was | 0:22:14 | 0:22:20 | |
most important to you when you're on
a plane. Ben says non-reclining | 0:22:20 | 0:22:29 | |
seats and power sockets. Somebody
said simply landing, getting there. | 0:22:29 | 0:22:37 | |
Window seat... Where do you normally
sit? I'm always near the toilet and | 0:22:37 | 0:22:45 | |
it's always smelly. I was near the
door. They tell you that you have to | 0:22:45 | 0:22:51 | |
help out if gate-crash! How did you
get a seat near the door? I've got | 0:22:51 | 0:23:02 | |
long legs! We need Aaron, you always
sits at the front I'm sure of it. We | 0:23:02 | 0:23:07 | |
are going to talk about this story
which is interesting to us being in | 0:23:07 | 0:23:11 | |
the world of telly. Sky threatening
to close at Sky News if the fox deal | 0:23:11 | 0:23:17 | |
is blocked. I feel like this has
been going on forever. Sky's | 0:23:17 | 0:23:23 | |
attempts to get full ownership of
the company. It has and it feels | 0:23:23 | 0:23:27 | |
like they are chucking the kitchen
sink into making the market | 0:23:27 | 0:23:32 | |
authority feel comfortable with the
deal. I suspect Sky News doesn't | 0:23:32 | 0:23:35 | |
make much money for Sky. From a
commercial perspective it would | 0:23:35 | 0:23:41 | |
probably work but that's not good
for viewers in the UK looking for a | 0:23:41 | 0:23:46 | |
wider set of news channels. He says
get rid of it, close it down. He's | 0:23:46 | 0:23:50 | |
not going to sell it off which would
be different. It is a threat to the | 0:23:50 | 0:23:54 | |
UK is saying you're going to have
one less major news channel. Yes, | 0:23:54 | 0:23:59 | |
and the criticism against Sky is
always that they have too much | 0:23:59 | 0:24:04 | |
monopolistic media power. Take away
a news channel and arguably other | 0:24:04 | 0:24:08 | |
organisations fill that void. Just
to give our international viewers | 0:24:08 | 0:24:15 | |
perspective on this, they may not
realise to what extent this | 0:24:15 | 0:24:19 | |
organisation dominates the media in
the UK. It's not just broadcast but | 0:24:19 | 0:24:24 | |
it's also many print, but then that
has reduced. Yes. Obviously the News | 0:24:24 | 0:24:36 | |
of the World is no longer. It is a
big organisation. The football right | 0:24:36 | 0:24:41 | |
through the Premier League has grown
through Sky's distribution of it. | 0:24:41 | 0:24:47 | |
It's an incredibly important
company. And their political | 0:24:47 | 0:24:50 | |
influence through print newspapers
is a lot less than it used to be. | 0:24:50 | 0:24:53 | |
Absolutely, because the world is
going more digital. Some of their | 0:24:53 | 0:24:57 | |
print titles haven't transition does
well. You could argue that they | 0:24:57 | 0:25:02 | |
having kept pace in the digital
world. No, because it is a difficult | 0:25:02 | 0:25:10 | |
migration to take a classic
newspaper reader over to the digital | 0:25:10 | 0:25:13 | |
world. When you're on a plane, the
most important thing? Decent | 0:25:13 | 0:25:18 | |
lighting so I can read. Also I would
be with the number climbing feats | 0:25:18 | 0:25:22 | |
because it's the bane of my life
when someone pushes the seat right | 0:25:22 | 0:25:25 | |
back. You can recline your stock
macular Nottage lost that right at | 0:25:25 | 0:25:32 | |
the back! LAUGHTER -- not if you're
sitting right at the back. There's | 0:25:32 | 0:25:46 | |
nothing worse than spending however
many hours with your knees up by | 0:25:46 | 0:25:49 | |
your chest! Thank you for coming in. | 0:25:49 | 0:25:59 | |
Thank you for your comments. | 0:25:59 | 0:26:00 |