On this episode of the Business Podcast, sponsored by Bell, our guests are “Rocket Ron” Epstein, PhD, of Bank of America Merrill Lynch, Richard Aboulafia of AeroDynamic Advisory and Sash Tusa of Agency Partners.
Topics:
— Update on US and European markets and impact on defense and aerospace shares as worries grow that central banks will further increase borrowing rates and impending recession
— Implications of OPEC Plus decision to cut production to drive up oil prices
— Boeing update that 737 Max jetliner unlikely to be ready for certification until next spring, after the congressionally mandated certification deadline at the end of December
— American Airlines pilots union urges Congress not to exempt the Max 7 and 10 from certification requirements, while pilots from the world’s largest 737 operator, Southwest Airlines, does
— Eviation’s successful test flight of company’s all-electric Alice passenger aircraft and implications for regional air travel
— Truss government’s about face on plan to cut taxes while increasing government spending as Institute for Fiscal Studies suggests that 200,000 UK government jobs may have to be cut over coming years to meet budget targets
— Update on Conservative Party conference and outlook for UK defense spending as recession fears loom
— L3Harris’ acquisition of ViaSat’s Link 16 business and divesture of services unit to CAE
— Ukraine’s efforts to reclaim territory from Russian occupation including strike on Kerch bridge that connects Russia to occupied Crimea
