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Israel Strike on Iran Sparks Risk Off Sentiment; Iran Retaliates | Bloomberg Brief 6/13/2025
Bloomberg Television· 2025-06-13 13:25
>> ISRAEL LAUNCHED A TARGETED MILITARY OPERATION TO ROLL BACK THE IRANIAN THREAT TO ISRAEL'S VERY SURVIVAL. THIS OPERATION WILL CONTINUE FOR AS MANY DAYS AS IT TAKES TO REMOVE THIS THREAT. >> IT IS 5:00 A.M. IN NEW YORK CITY. I AM DANI BURGER WITH YOUR BLOOMBERG BRIEF.ISRAEL LAUNCHES AIRSTRIKES ACROSS IRAN TARGETING NUCLEAR SITES AND KILLING SENIOR MILITARY COMMANDERS. IRAN VOWS REPRISAL AND HITS BACK WITH DRONES. OIL JUMPS ON THE GEOPOLITICAL ANGST WITH ITS BIGGEST INTRADAY SPIKE SINCE MARCH OF 2022.STATE ...
Air India Plane Crash: Search for Answers Begins
Bloomberg Television· 2025-06-13 05:54
What are we learning then, about the possible causes of this devastating crash. Well, still, it is too early to know for now. Tom, good morning.So I think the key developments really are around the finding of one of the two black boxes. We don't know if it's the flight data recorder or the cockpit voice recorder, and we don't know as well what condition it is in. In order for investigators to start downloading the data and getting a final readout in the minutes before this crash, this tragic crash.But as in ...
Air India Boeing Crash: Aviation Expert Breaks Down Takeoff Footage | WSJ News
WSJ News· 2025-06-12 22:30
Accident Overview - An Air India aircraft crashed shortly after takeoff in Amdabad, India, en route to London [1] - The aircraft, a Boeing 787 Dreamliner, was carrying 242 people; only one survivor was reported [5] Possible Causes - Aviation experts suggest potential engine issues, possibly a blockage in fuel valves, leading to a lack of thrust [3] - The rapid descent of the aircraft indicates a complete loss of thrust in the engines [3] - The Federation of All India Medical Associations suggests it's unlikely to be human error due to an SOS message [4] Analysis of the Crash - The aircraft likely passed the "go no-go" point, suggesting initial conditions were deemed safe for takeoff [2] - Unlike the Hudson River landing, the aircraft lacked the altitude and speed necessary for gliding after the engine failure [5] - Experts believe that even the best pilot could not have prevented the crash, given the circumstances [6] Impact - The plane crashed into a medical hostel, resulting in dozens of students being hospitalized [4]
Air India crash: What to know about the first fatal Boeing Dreamliner tragedy
CNBC· 2025-06-12 20:56
Company Overview - Air India was operating a Boeing 787-8 Dreamliner, which is a popular twin-aisle jet used for longer routes, with its first flight in December 2013 and handed over to Air India in January 2014 [2] - As of the incident, Air India had 34 Dreamliners in service and planned to order at least 20 more [3] Incident Details - The crash occurred seconds after takeoff from Ahmedabad, India, with 242 people on board, resulting in all but one person being killed [1] - Preliminary data indicated that the aircraft lost signal less than a minute after takeoff, reaching a maximum altitude of 625 feet [4] - The aircraft crashed into a residential area, and there were reports of additional fatalities on the ground [5] Investigation Insights - Investigators will examine the black boxes, maintenance records, pilots' maneuvers, and weather conditions to determine the cause of the crash [6][7] - The investigation will be led by the country where the incident occurred, with participation from Boeing and GE Aerospace [8] Manufacturing Concerns - There have been previous manufacturing and quality concerns regarding Dreamliners, but experts do not immediately link these issues to the recent crash [9][10] - Boeing faced allegations of taking shortcuts in production, but the company denied these claims [11] Impact on Boeing - The impact on Boeing will depend on the outcome of the crash investigation, although demand for new planes remains robust [14] - Wolfe Research noted that they do not foresee significant direct impacts on Boeing's financial performance, but the incident may affect momentum until clarity is achieved [14][15] - Boeing has 900 more Dreamliner orders, indicating continued demand despite the incident [15]
Deadly Air India Crash: What It means for Boeing and General Electric
Bloomberg Television· 2025-06-12 19:37
Accident Overview - A Boeing 787 Dreamliner, Air India flight, crashed shortly after takeoff en route to London, resulting in over 200 fatalities [1] - The crash investigation is in its early stages, with search and rescue efforts underway [2] - Investigators from the U S and other countries are planning to assist Indian authorities in the investigation [3] Boeing's Involvement - Boeing's CEO has communicated with Air India's chair, offering support for the investigation [6] - Boeing's team stands ready to support the investigation [4][6] - The NTSB will be involved in the investigation, supported by counterparts from countries where the aircraft and engines were manufactured [5] 787 Aircraft History - The 787 has had a sterling track record, with this being the first fatal accident involving the model [7] - Over 1,000 787s are currently in service, serving as a workhorse for global airline fleets [8] - The 787 has faced scrutiny for quality concerns from the FAA in recent years, leading to a temporary halt in deliveries [9] Implications for Boeing - This incident does not help Boeing's efforts to improve quality, resume deliveries, and improve cash flow [11] - The company is trying to move beyond a difficult chapter [11]
Why AAL Stock Is A Risky Bet
Forbes· 2025-06-12 15:05
American Airlines Boeing 787 Dreamliner aircraft seen parked in Athens International Airport ATH ... More after arrival preparing for a turn around departure to Chicago ORD airport in the USA as flight no AA161. The Boeing 787-8 modern and advanced wide-body airplane has the tail number registration N812AA and is powered by 2x GE General Electric jet engines. (Photo by Nicolas Economou/NurPhoto via Getty Images)NurPhoto via Getty Images American Airlines (NASDAQ:AAL) shares are currently priced around $11.1 ...
Wall Street Analysts Think Alaska Air (ALK) Is a Good Investment: Is It?
ZACKS· 2025-06-12 14:31
Core Viewpoint - The article discusses the reliability of brokerage recommendations, particularly focusing on Alaska Air Group (ALK), and emphasizes the importance of using these recommendations in conjunction with other analytical tools like the Zacks Rank for making informed investment decisions [1][5][10]. Brokerage Recommendations - Alaska Air currently has an average brokerage recommendation (ABR) of 1.27, indicating a consensus between Strong Buy and Buy, based on recommendations from 15 brokerage firms [2]. - Out of the 15 recommendations, 13 are classified as Strong Buy, accounting for 86.7% of all recommendations [2]. Limitations of Brokerage Recommendations - Studies indicate that brokerage recommendations have limited success in guiding investors towards stocks with the highest price increase potential [5]. - Analysts from brokerage firms tend to exhibit a strong positive bias in their ratings, often issuing five "Strong Buy" recommendations for every "Strong Sell" [6][10]. - The interests of brokerage firms may not align with those of retail investors, leading to potential misguidance regarding future stock price movements [7][10]. Zacks Rank as an Alternative - The Zacks Rank categorizes stocks into five groups based on earnings estimate revisions, which have shown a strong correlation with near-term stock price movements [8][11]. - The Zacks Rank is distinct from the ABR, as it is based on quantitative models rather than solely on brokerage recommendations [9]. - The Zacks Rank is updated more frequently than the ABR, making it a timely tool for predicting future stock prices [12]. Current Earnings Estimates for Alaska Air - The Zacks Consensus Estimate for Alaska Air's current year earnings remains unchanged at $3.65, suggesting steady analyst views on the company's earnings prospects [13]. - Due to the recent changes in consensus estimates and other related factors, Alaska Air holds a Zacks Rank of 3 (Hold), indicating a cautious approach despite the Buy-equivalent ABR [14].
Air India Boeing 787 bound for London with 242 aboard crashes after takeoff in India
CNBC Television· 2025-06-12 14:12
the main focus for those who are at the crash scene in India. Seeing if there are any survivors at all. There have been reports that there are obviously many fatalities.Whether or not anybody was able to survive this crash, we don't know at this point. In terms of the investigation into the accident, that's going to take some time. The first uh priority is looking for survivors and then after that those victims who were killed in the crash, removing those bodies, then investigators will be able to say, "Oka ...
Air India plane crashes in a residential neighborhood in western India
CNBC Television· 2025-06-12 13:44
India plane bound for London has crashed into a residential neighborhood shortly after takeoff from an airport in the western India city of Amdabad. Aircraft was a Boeing 787 Dreamliner. The spokesperson for the airline tells NBC News the jet was carrying 242 people including 12 crew members. Shares of Boeing down sharply on the news of the crash. Although as Joe said guys, at this stage of any kind of aviation disaster, you really are uh blind to details and news. Although there are a fair amount of pictur ...
BREAKING: Plane crashes near major Indian airport with 242 people on board
MSNBC· 2025-06-12 13:38
Incident Overview - An Air India Boeing 787 crashed in a residential area near Ahmedabad shortly after takeoff [2] - The flight was headed to London Gatwick Airport [1][3] Passengers and Crew - The plane was carrying 242 people, including 230 passengers and 12 crew members [2][3] - Nationalities of those on board included 169 Indians, 53 British, 1 Canadian, and 7 Portuguese [3] Aftermath - The crash site showed plumes of smoke [1][3] - Officials are taking injured people to the hospital [1]