Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.
Speaker 2: Good morning, I'm Nathan Hager and I'm Karen Moscow. Here
Speaker 2: are the stories we're following today.
Speaker 3: Karen, we begin with a deadly plane crash involving a
Speaker 3: commercial airliner and an army helicopter at Reagan National Airport
Speaker 3: near Washington, d C. Let's get the very latest now
Speaker 3: with Bloomberg's John Tucker, John and Nathan.
Speaker 4: American Airlines Flight fifty three forty two from Wichita, Kansas,
Speaker 4: was on an approach for landing at Reagan when it
Speaker 4: collided with a Zikorski H sixty helicopter around nine pm Eastern.
Speaker 4: Ary Schulman was driving home when he saw the plane
Speaker 4: falling from the sky. It was illuminated bright yellow underneath,
Speaker 4: and there was a spray of sparks on the underside
Speaker 4: of the plane. The JED was carrying sixty passengers and
Speaker 4: four crew members. Three soldiers were on board the helicopter.
Speaker 4: The first priority has been looking for survivors, however remote
Speaker 4: the chance of finding anybody alive at this point. DC
Speaker 4: Fire and Rescue Chief John Donnelly.
Speaker 2: The water that we're operating into about eight feet deep.
Speaker 3: There is wind, there is pieces of ice out there,
Speaker 3: so it's just dangerous and hard.
Speaker 5: To work in.
Speaker 4: The Bombardier CRIJ seven oh one twin engine jet manufactured
Speaker 4: in two thousand and four, was inbound to Reagan National
Speaker 4: at an altitude of about four hundred feet at a
Speaker 4: speed of about one hundred forty miles per hour when
Speaker 4: it suffered a rapid loss of altitude over the Potomac River.
Speaker 4: A few minutes before the landing, air traffic controllers did
Speaker 4: ask the arriving commercial jet if it could land on
Speaker 4: the shorter runway three to three. Less than thirty seconds
Speaker 4: before the crash, air traffic controllers asked the helicopter if
Speaker 4: it had the arriving plane in sight. The controller made
Speaker 4: another radio call to the helicopter moments later. Seconds after that,
Speaker 4: the two collided Members of the US figure skating team
Speaker 4: are on board American Airlines Flight fifty three forty two.
Speaker 4: There were athletes, coaches, and family members who'd been taking
Speaker 4: part to the UN Figure Skating Championships in Wichita. We
Speaker 4: have not had an airline crash more than fifteen years
Speaker 4: in this country, a major one like this. I'm John
Speaker 4: Tucker Bloomberg Radio.
Speaker 6: All right, John, Thank you well.
Speaker 2: American Airlines CEO Robert Isom said the airline is working
Speaker 2: with emergency responders.
Speaker 6: He issued this video statement.
Speaker 7: First, and most importantly, I'd like to express our deep
Speaker 7: sorrow about these events.
Speaker 5: This is a difficult day.
Speaker 7: For all of us at American Airlines, and our efforts
Speaker 7: now are focused entirely on the needs of our passengers,
Speaker 7: crew members, partners, first responders, along with their families and
Speaker 7: loved ones.
Speaker 2: That was American Airline CEO Robert Isom last night. Shares
Speaker 2: of American are down about three percent in early trading.
Speaker 2: The National Transportation Safety Board says they have sent a
Speaker 2: rapid response air accident investigation team to the site. President
Speaker 2: Trump criticized events in the run up to the collision
Speaker 2: in a truth social post, calling it a bad situation
Speaker 2: that looks like it should have been prevented.
Speaker 5: And we will have much.
Speaker 3: More on the plane crash throughout the program. But we
Speaker 3: now switch to the markets as investors react to the
Speaker 3: beginning of Magnificent seven earnings. Shares of Meta Platforms are
Speaker 3: up two percent in early trading. The stock originally fell
Speaker 3: after hours after the Facebook owner forecast disappointing sales for
Speaker 3: the current quarter, but Meta gained after CEO Mark Zuckerberg's
Speaker 3: comments about artificial intelligence on the company conference call.
Speaker 8: This is going to be a really big year.
Speaker 9: Most of our long term initiatives is going to be
Speaker 9: a lot clearer by the end of this year. In AI,
Speaker 9: I expect that this is going to be the year
Speaker 9: when a highly intelligent and personalized AI assistant reaches more
Speaker 9: than one billion people, and I expect Metaai to be
Speaker 9: that leading AI assistant.
Speaker 3: Mark Zuckerberg told investors he thinks Meta will eventually spend
Speaker 3: hundreds of billions of dollars on AI infrastructure.
Speaker 8: Well.
Speaker 2: Nathan cherzah Tesla also on the rise. They're up two
Speaker 2: point six percent this morning. The company revealed plans to
Speaker 2: begin robotaxi operations and forecast as sales recovery this year,
Speaker 2: feeling what Elon Musk predicted be an epic period of
Speaker 2: growth for the electric vehicle maker. The comments largely sidestep
Speaker 2: the actual sales and profit results, which missed to well
Speaker 2: Street estimates, and on.
Speaker 3: The flip side, care and shares of Microsoft are down
Speaker 3: nearly four percent. The company says growth in its cloud
Speaker 3: computing business slow during the last three months of twenty
Speaker 3: twenty four. Microsoft is also ramping up spending on infrastructure
Speaker 3: for its AI products.
Speaker 2: Well Tech earnings continue today, Nathan, with first quarter results
Speaker 2: from Apple out after the closing, Bell and Bloomberg's Tom
Speaker 2: Busby has a preview.
Speaker 10: Despite a real slump and iPhone sales in China and
Speaker 10: being way behind other tech giants and rolling out AI products,
Speaker 10: Apple still forecast to post record results with strong sales
Speaker 10: of the AI capable iPhone sixteen here in the US,
Speaker 10: as well as continued strong demand for services like Apple
Speaker 10: Music and the App Store. Bloomberg is expecting revenues to
Speaker 10: rise three point eight percent. Consensus calls for total revenue
Speaker 10: of one hundred and twenty four point one billion, earnings
Speaker 10: per share of two dollars thirty five cents.
Speaker 5: Tom Buzzby Bloomberg Radio, All right, Tom, thank you.
Speaker 3: Keeping eye on shares of IBM, they are higher by
Speaker 3: about seven percent. Big Blue projected strong revenue growth in
Speaker 3: the new fiscal year and a jump in AI related bookings.
Speaker 6: And turning to earnings overseas. Nathan.
Speaker 2: Shares at Deutsche Bank are down three and a half percent.
Speaker 2: The bank's expenses rose fourteen percent from a year ago.
Speaker 2: That's overshadowing a better than expected performance in its investment bank.
Speaker 3: Turning to the economy, now Karen, the Federal Reserve voted
Speaker 3: unanimously to keep its benchmark rate on hold.
Speaker 8: Chair J.
Speaker 3: Powell says the Fed will wait for further evidence of
Speaker 3: cooling inflation before adjusting interest rates again. With our policy
Speaker 3: stance significantly less restrictive than it had been, in the
Speaker 3: economy remaining strong, we do not need to be in
Speaker 3: a hurry to adjust our policy stance. Chairman Powell's press
Speaker 3: conference was followed by President Trump posting online that the
Speaker 3: Fed share had, in his words, done a terrible job
Speaker 3: on banking regulation and inflation.
Speaker 2: Well Nathan Less turned to politics in Washington and a
Speaker 2: major reversal in the early days of President Trump's second term.
Speaker 2: The President has rescinded his order to freeze a wide
Speaker 2: array of federal grants, loans, and financial assistants, just days
Speaker 2: after his White House Budget Office announced it. Trump defended
Speaker 2: the order at his first bill signing yesterday.
Speaker 11: We are merely looking at parts of the big bureaucracy
Speaker 11: where there has been tremendous waste and fraud and abuse.
Speaker 2: And President Trump's order had already been temporarily blocked by
Speaker 2: a federal judge, but this might not be the end
Speaker 2: of it. A document seen by Bloomberg News as the
Speaker 2: White House is considering dozens of ways for the President
Speaker 2: to take greater control of the federal bureaucracy. They include
Speaker 2: challenging a fifty year old law that limits the president's
Speaker 2: control of federal spending, making it easier to fire civil servants,
Speaker 2: kent pay and reign, and independent agencies.
Speaker 12: Well.
Speaker 3: Karen, President Trump's nominee to lead the Department of Health
Speaker 3: and Human Services, faced opposition from Democrats at the first
Speaker 3: of two confirmation hearings this week. Bloomberg's Amy Morris reports
Speaker 3: from Washington.
Speaker 5: Robert F.
Speaker 13: Kennedy Junior repeatedly insisted to Lawmays that he is not
Speaker 13: against vaccine.
Speaker 4: I support the measles vaccine.
Speaker 5: I support the polio vaccine.
Speaker 13: But the Finance Committee's Democrats, led by Ron Wyden of Oregon,
Speaker 13: were not convinced.
Speaker 4: Anybody who believes that on a look at the measles book,
Speaker 4: you wrote saying parents have been misled into believing that measles.
Speaker 5: Is the deadly disease. That's not true.
Speaker 13: Kennedy, who had supported abortion rights while he was running
Speaker 13: for president, promised to back all the administration's positions on abortion.
Speaker 13: The hearing featured repeated interruptions from protesters.
Speaker 5: I am pro safety, but.
Speaker 13: The room was also filled with several Kennedy supporters in Washington.
Speaker 13: Amy Morris, Bloomberg Radio.
Speaker 6: All right, Amy, thank you well.
Speaker 2: Two more key Trump nominees will have confirmation hearings today,
Speaker 2: Telsea Gabber, the President's choice to be the Director of
Speaker 2: National Intelligence, and Cash Battell, who is nominated to.
Speaker 6: Have the FBI.
Speaker 2: Will bring you live coverage of Gabbert's hearing at ten
Speaker 2: am Wall Street Time on Bloomberg Radio and the Bloomberg
Speaker 2: podcast page on YouTube. Time Now for a look at
Speaker 2: some of the other stories making news in New York
Speaker 2: and around the world, and for that were joined by
Speaker 2: Bloomberg's Michael Barr Michael, Good Morning, Good.
Speaker 12: Morning, Karen. The Justice Department is said to be in
Speaker 12: talks about dropping the corruption charges against New York City
Speaker 12: Mayor Eric Adams. So far, no final decision has been made.
Speaker 12: Reports say talks between the DOJ and prosecutors with the
Speaker 12: Southern District of New York had been preliminary last month,
Speaker 12: Presidents said that Adams had been treated pretty unfairly by
Speaker 12: prosecutors and suggested he was considering issuing a pardon. Former
Speaker 12: US Senator Bob Menendez has been sentenced to eleven years
Speaker 12: in prison for his conviction for accepting bribes of gold
Speaker 12: and cash and acting as an agent of Egypt. Before sentencing,
Speaker 12: the New Jersey Democrat tearfully addressed the judge, saying he
Speaker 12: had lost everything he cared about except family. Outside the
Speaker 12: New York courthouse, though, a defiant Menendez aligned himself with
Speaker 12: President Donald Trump. Welcome to the Southern District of New York,
Speaker 12: the wild West of political prosecutions.
Speaker 6: President Trump is right.
Speaker 12: This process is political, and it's corrupted to the core.
Speaker 12: Two people convicted of bribing Menendez were sentenced to seven
Speaker 12: and eight years behind bars. Israel Defense Force soldier a Gomberger,
Speaker 12: abducted by Hamas in October of twenty twenty three and
Speaker 12: held in Gaza since then, has been released and is
Speaker 12: back in Israel. According to the IDF, Burger is on
Speaker 12: her way to an initial reception point in southern Israel
Speaker 12: where she will be reunited with the parents. Earlier, she
Speaker 12: was handed over to the Red Cross and Gaza, who
Speaker 12: transferred her to Israeli forces in the Gaza. Script Defense
Speaker 12: Secretary Pete Hexath says the US had the right to
Speaker 12: do what is necessary to ensure access to the Pentama Canal,
Speaker 12: adding to President Donald Trump's threats around the crucial trade waterway. Hexath,
Speaker 12: speaking to Fox News last night, also says he is
Speaker 12: a establishing a task force to eliminate diversity, equity and
Speaker 12: inclusion policies in the US military.
Speaker 11: I think President Trump said it perfect in his inaugural address,
Speaker 11: which is what we're reinforcing in our directive as well.
Speaker 6: DoD will be color.
Speaker 11: Blind and merit based, color blind as it has been,
Speaker 11: and merit based as it should be. Because, as you
Speaker 11: know better than anybody, DEI sends the opposite signals.
Speaker 12: Global news twenty four hours a day and whenever you
Speaker 12: want it. With Bloomberg News Now, I'm Michael Barr, and
Speaker 12: this is Bloomberg Karen.
Speaker 6: All right, Michael Barr, thank you.
Speaker 2: Time now for the Bloomberg Sports Update, brought to you
Speaker 2: by Tri State Audi.
Speaker 6: Here's John stash Hour, John, good morning.
Speaker 1: Good morning, Terry Nixon. Nuggets at the Guard to the
Speaker 1: next got an early break when Denver star Nicola Jochu
Speaker 1: has picked up his second found just ninety seconds in.
Speaker 1: He only played nine minutes of the first half. Though
Speaker 1: Denver in the third quarter went from down six to
Speaker 1: up eight. Nicks rally they won one twenty two to
Speaker 1: one twelve. Jalen brun Than thirty points, fifteen assists, Ogionanoby
Speaker 1: scored twenty three. Four other Knicks also in double figures.
Speaker 1: It's five wins in a row for coach Tom Thibodeaux.
Speaker 14: Love the unselfishness. I think thirty three assists, guys making plays, jailing,
Speaker 14: you know, fifteen assists, and when you play like that,
Speaker 14: that gives you your team like a really strong spirit
Speaker 14: and togetherness. And I thought we were really connected and
Speaker 14: that's important to get those shots.
Speaker 5: Now, look to keep it going.
Speaker 1: Saturday night at the Garden against Lebron James and the Lakers,
Speaker 1: Nicks remained game behind the Celtics for second in the East.
Speaker 1: In Boston, christms Perzinga scored thirty four and are out
Speaker 1: of Chicago. Rare wind for the Nets, just their third
Speaker 1: of twenty twenty five, one oh four to eighty three
Speaker 1: at Charlotte. Cleveland won by twenty at Miami and Newark
Speaker 1: Devils with a five nothings blanking of the Flyers Jake
Speaker 1: Allen twenty four saves, so they split a home at
Speaker 1: home with Philly College. Hoops top rank Auburn one at
Speaker 1: LSU yukon beat to Paul Rutgers one at Northwestern. New
Speaker 1: Jets coach Aaron Glenn, who coach the defense that Detroit
Speaker 1: has hired as his defensive coordinator Steve Wilkes, who didn't
Speaker 1: coach anywhere this past season, but Wilkes has coached sixteen
Speaker 1: years for six NFL teams, including two short stints as
Speaker 1: a head coach. Giants offensive cornator Mike Kafka, seen as
Speaker 1: one of two finalists to be the new head coach
Speaker 1: in New Orleans. His interview with the Saints lasted nine hours,
Speaker 1: but the favorite to get the Saints job is Eagles
Speaker 1: assistant Kellen Moore. Tommy Kinley leaving the Yankee bullpen to
Speaker 1: Pitchford Detroit. The Mets re signed relievera Ryan Stanek. They
Speaker 1: start playing today at Pebble Beach. The season debuts for Scotti, Scheffler,
Speaker 1: and Rory McElroy. John stashanaware of Bloomberg Sport.
Speaker 9: Coast to coast on Bloomberg Radio nationwide on Serious Exam
Speaker 9: and around the world on Bloomberg dot Com and the
Speaker 9: Bloomberg Business app.
Speaker 6: This is Bloomberg Daybreak.
Speaker 3: Good morning. I'm Nathan Hager. We returned to the breaking
Speaker 3: news from overnight. A regional jet flown for American Airlines
Speaker 3: crashed with a military helicopter last night on approach to
Speaker 3: Reagan National Airport near Washington, d C.
Speaker 5: It was on its way from Wichita, Kansas.
Speaker 3: It has sparked an all out search and rescue effort
Speaker 3: in the Potomac River nearby. Sixty four people were on
Speaker 3: that American Airlines flight. Joining us now is Benedict Camel,
Speaker 3: who heads up Bloomberg's global aviation coverage.
Speaker 5: Benedict, good morning.
Speaker 3: What is the latest that we know about this crash?
Speaker 8: Good morning.
Speaker 15: So the latest is that were still very much in
Speaker 15: the sort of salvage part of the operation, and this
Speaker 15: is a difficult exercise. We heard a couple of hours
Speaker 15: ago from some officials who had gathered at the airport
Speaker 15: and gave an update that there were members from the
Speaker 15: fire Service, there was the mayor, the senator from Kansas
Speaker 15: where that plane originated. As you said, he was also there,
Speaker 15: and there's about three hundred people on the ground, boats involved, ambulances,
Speaker 15: fire engines and so on. What we know at this
Speaker 15: point is that the incoming regional jet collided with the
Speaker 15: helicopter that approached the runway. We don't know why that happened.
Speaker 15: We don't know who is to blame, so that's too
Speaker 15: early to say. The other thing, crucially that we don't
Speaker 15: know at this point is whether there are survivors. The
Speaker 15: head of the fire brigade gave a fairly grim assessment
Speaker 15: of the scene. He said, this is very difficult to
Speaker 15: operate in. It's cold, it's icy, the water is murky,
Speaker 15: the plane has broken up. So it would really come
Speaker 15: down to a miracle if you find many, if any
Speaker 15: survivors in this tragedy.
Speaker 3: And it has to be said that this is some
Speaker 3: of the most closely monitored and secure air space in
Speaker 3: the United States, just across from the Pentagon, only a
Speaker 3: few miles from the White House and Capitol Hill. It
Speaker 3: has to raise a lot of questions now about how
Speaker 3: something like this could have happened so close to the
Speaker 3: seats of power in the United States.
Speaker 8: Yes, we're absolutely right.
Speaker 15: I mean, it's not unusual for helicopters to be operating
Speaker 15: in this area.
Speaker 8: Clearly one of the aircraft was out of position. President
Speaker 8: Donald Trump.
Speaker 15: Weighed in a couple of hours with a message on
Speaker 15: his social media platform saying, this is an occurrence that
Speaker 15: should not have happened. He should we say blame or
Speaker 15: at least he pointed to the tower as being an
Speaker 15: area that should be should be investigated. But again we
Speaker 15: are not in that phase of the investigation yet. The NTSB,
Speaker 15: the FAA, they're all on site. They have teams deployed
Speaker 15: that are there that will try and retrieve whatever they can.
Speaker 15: Be at the black boxes, be at footage. As you said,
Speaker 15: this is a very heavily surveyed part of the country.
Speaker 15: There is somewhat murky but still footage of the mid
Speaker 15: air collision, so that might provide some clues as to
Speaker 15: who was out of position. There's the radio back and
Speaker 15: forth between air traffic control and the aircraft in the sky.
Speaker 15: So all of those clues will help paint a picture
Speaker 15: and provide better clues as to who is to blame
Speaker 15: and what can be done.
Speaker 8: That's going forward, Benedict's stay with us.
Speaker 3: We want to bring in Bloomberg's chief Washington, our chief
Speaker 3: political correspondent Anne Marie Hordern, who is with us now
Speaker 3: from Reagan National Airport as I understand it.
Speaker 5: And Marie, good morning. What can you tell us.
Speaker 3: Now about this search and rescue effort that, as I
Speaker 3: understand it has been going on since last night when
Speaker 3: this crash first happened.
Speaker 16: Yes, more than three hundred individuals, one hundreds really part
Speaker 16: of the search and rescue team. What we know according
Speaker 16: to CBS that eighteen bodies have been recovered after this fatal,
Speaker 16: deadly crash around nine pm last night. What I could
Speaker 16: tell you is that now that we move into this
Speaker 16: rescue mission, a lot of questions are being asked. The
Speaker 16: National Transportation Safety Board will leave this investigation, of course,
Speaker 16: will be aided by the SAA. Last night, we did
Speaker 16: hear from a number of officials, including the just born
Speaker 16: in Transportation Secretary Sean Duffy and Mayor of DC, Mriol
Speaker 16: Bowser is saying that they're going to provide another briefing
Speaker 16: this morning at seven thirty am at DCA, So we
Speaker 16: will get another update from officials from local authorities this
Speaker 16: morning at DCA the airport at the moment is closed
Speaker 16: till eleven am. Potentially that can change, but that is
Speaker 16: the latest we have right now. As of course, the
Speaker 16: nation is waking up to this heartbreaking news.
Speaker 3: It's going to be a crucial update coming up in
Speaker 3: just the next couple of hours here. But as you know, Anne, Marie,
Speaker 3: the Potomac River is murky, it is cold, this is
Speaker 3: going to be a very difficult search and rescue operation.
Speaker 3: Raises a lot of questions about just what kind of
Speaker 3: survivability we could see following an incident like this, Absolutely, which.
Speaker 16: Is why this is so devastating to the entire nation,
Speaker 16: to everyone involved. Families that were coming here last night
Speaker 16: with tons of questions wanted to know weather, Luvembre, as
Speaker 16: anyone says the divers and reverse responders that are out
Speaker 16: a part of his rescue mission or operating under extremely
Speaker 16: difficult conditions. It's obviously dark, it's very cold, the water's
Speaker 16: very muddy. It's incredibly icy to the frigid temperatures that
Speaker 16: DC had last week. We remember last week the inauguration
Speaker 16: had to be moved inside because of those weather conditions.
Speaker 16: So it's incredibly, incredibly difficult right now, and there's just
Speaker 16: so many questions and just not enough answers.
Speaker 3: And for a long time Washingtonians, this is going to
Speaker 3: raise memories of the Air Florida crash into the fourteenth
Speaker 3: Street Bridge that happened in nineteen eighty two, more than
Speaker 3: forty years ago. But Anne Marie, in this case, it
Speaker 3: doesn't look as though the weather, the ice on the
Speaker 3: wings back then, was the culprit in this situation when
Speaker 3: we have a regional jet crashing into a military helicopter
Speaker 3: apparently on a routine test flight. But obviously this anything
Speaker 3: but routine.
Speaker 16: No, not anything but routine. I mean, this is Washington,
Speaker 16: d C. So you do have tons of military aircraft.
Speaker 16: We are just south of DCA from the Pentagon, across
Speaker 16: the river from the nation's capital, and there is training
Speaker 16: that go on and go on at night, and that
Speaker 16: seems to be what this Black Hall helicopter was doing.
Speaker 16: With three US military personnel on board, this was training.
Speaker 16: But even the President of the United States, after the
Speaker 16: White House put out a statement last night that he
Speaker 16: was briefed on the matter, May God bless their souls,
Speaker 16: he talked about the individuals involved. He then took the
Speaker 16: truth social later in the evening and really You can
Speaker 16: tell his frustration about how he's asking the question the President.
Speaker 16: I say, don Trump, why didn't the helicopter go up
Speaker 16: or down our turn? Why didn't the control tell tell
Speaker 16: the helicopter what to do instead of asking if they
Speaker 16: saw the plane?
Speaker 6: You know?
Speaker 16: And he sangs the bad situation and feels like it
Speaker 16: could have been prevented, which is why there's going to
Speaker 16: be a ton of questions on what kind of radio
Speaker 16: frequency channels are these two individuals, for these two the
Speaker 16: helicopter and the passenger plane, on what was the air
Speaker 16: traffic control telling them at this time? You would think
Speaker 16: that this could never happen, But obviously devastating tragedy did
Speaker 16: just nine pm.
Speaker 3: Last night, and certainly a huge test for this young
Speaker 3: Trump administration, not just for the brand new Transportation Secretary
Speaker 3: Sean Duffy, but for Pete Haig Seth, who's in charge
Speaker 3: of that Sikorsky helicopter that's involved in this.
Speaker 16: Absolutely, this is Sean Duffy was just born in yesterday.
Speaker 16: He had been on the job for not even twenty
Speaker 16: four hours. He was here at DCA last night, three
Speaker 16: free reporters. When it comes to Pete Haig Seth, he's
Speaker 16: only been on the job for a few days, so
Speaker 16: of course this is a huge test for this incoming administration.
Speaker 16: And we also know a number of individual is not
Speaker 16: in place yet because this is a transition, So they're
Speaker 16: dealing with a crisis when a lot of members of
Speaker 16: their teams are just not yet in place, because we
Speaker 16: are second week into a new administration.
Speaker 3: Bloomber chief political correspondent and Marie Hordron with us this
Speaker 3: morning from Reagan National Airport, now the scene of a
Speaker 3: search and rescue operation following that deadly plane crash between
Speaker 3: the flight out of Wichita and the military helicopter out
Speaker 3: of Fort Belvoir, Virginia. Thanks for keeping us updated on that.
Speaker 3: We'll be looking to more of your reporting throughout the day.
Speaker 3: But now we want to bring back in Benedict Cammell,
Speaker 3: who leads our global aviation coverage for Bloomberg News, raising
Speaker 3: so many of the questions now, Benedict, for officials, for
Speaker 3: rescuers as far as how something like this could have happened,
Speaker 3: What are you looking for in terms of.
Speaker 5: What could be gleaned out of this?
Speaker 15: Well, to Anne Marie's point that she raised just now,
Speaker 15: I think a lot of The focus will be on
Speaker 15: those fateful last moments and the sort of intercom between
Speaker 15: the tower and the aircraft. You know, what was said
Speaker 15: to whom, who was potentially out of position. That will
Speaker 15: potentially provide an early clue as to who's to blame
Speaker 15: for this. The aircraft is equipped with what's commonly referred
Speaker 15: to black boxes. Those are two devices, one that records
Speaker 15: anything that said in the cockpit as well as noises,
Speaker 15: and the other one is for sort of flight data metrics,
Speaker 15: and those.
Speaker 8: Will be very closely.
Speaker 15: Scrutinized to any clues in terms of who might have
Speaker 15: been out of position.
Speaker 8: We do have a little bit of footage from the grounds.
Speaker 15: It's blurry somewhat, but again that might be pulled in.
Speaker 15: We've seen in the past that you have all these
Speaker 15: different metrics that you can draw on, and the NTSB
Speaker 15: is obviously a very professional body, knows how to deal
Speaker 15: with these these kinds of incidents. As Anne Marie said,
Speaker 15: as huge amount of political press on this. The President
Speaker 15: has weighed in. It essentially happened, you know, Dari say
Speaker 15: in his backyard. This is a test case for the
Speaker 15: new administration, for Pete Hexith's for Sean Duffy, who spoke
Speaker 15: last night at the press conference and who said himself, look,
Speaker 15: I've been in the job for a day, so this
Speaker 15: is really going to be a test case for him
Speaker 15: and how they handle this. The truth will come out,
Speaker 15: but I think everyone was very clear at this point
Speaker 15: that we're not in that phase at the moment. This
Speaker 15: is about trying to find potential survivors, trying to race
Speaker 15: against time, essentially because the cold water will be a
Speaker 15: very difficult environment for anyone to survive. And so that's
Speaker 15: sort of where the focus is right now, and then
Speaker 15: throughout the next day, maybe even at that seven thirty
Speaker 15: press conference there and Marie mentioned we will get a
Speaker 15: little bit more.
Speaker 3: And it has to be said that this is the
Speaker 3: first time that we've seen regional jet crash like this
Speaker 3: in just about fifteen years. It speaks to the rarity
Speaker 3: of something like this. And when it comes to Reagan
Speaker 3: Now National Airport, the flight patterns the pretty much follow
Speaker 3: the Potomac River, whether you're coming in from the north
Speaker 3: or the south, and that raises a question, doesn't it,
Speaker 3: benedict about how something like this could have happened when
Speaker 3: we have such routine flight patterns in and out of
Speaker 3: Reagan National Airport.
Speaker 15: Yeah, you're absolutely right, and you know, to widen the
Speaker 15: lens a little bit. We are coming out of a
Speaker 15: phase of extreme safety in terms of airspace. Might not
Speaker 15: feel that way off the back of a tragedy like this,
Speaker 15: and we've had a couple of similar tragedies in the
Speaker 15: last couple of weeks even and throughout the last year,
Speaker 15: but longer term, aviation safety has improved tremendously. If you
Speaker 15: look at twenty twenty three, there was not a single
Speaker 15: civil aviation accident throughout the entire year. You had thirty
Speaker 15: seven million movements and not a single loss of life.
Speaker 15: So that gives you a sense of where we're coming from.
Speaker 15: So obviously every after that really puts the spotlight on safety.
Speaker 15: We had that incident about a year ago that people
Speaker 15: might remember about the collision in Japan a Tokyo. There
Speaker 15: was a large aircraft that plowed into a stationary plane. Miraculously,
Speaker 15: everybody survived on that aircraft, on the large plane. The
Speaker 15: people on the small plane died tragically. And then we
Speaker 15: had the incident in South Korea a couple of weeks
Speaker 15: ago where the plane attempted an emergency landing and then
Speaker 15: plowed into a concrete wall, and tragically everybody died on that.
Speaker 15: So I'm raising these incidents because they are rare. They
Speaker 15: don't happen often, thankfully, but there's an eerie similarity because
Speaker 15: they're all somehow involved in collisions, in approach.
Speaker 8: And so on. So this is something that will be
Speaker 8: very much watched.
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Speaker 6: I'm Karen Moscow.
Speaker 5: And I'm Nathan Hager.
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