American Airlines jet, Army helicopter collide near Reagan
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 30 January 2025
⏱️ 6 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. |
| 0:08.0 | Good morning. Today is Thursday, January 30th. I'm Julie Morgan. |
| 0:13.4 | Tragedy in the air near D.C. after two planes collide. Nissan is cutting jobs, and Toyota is still number one. Dozens are feared to be dead after an |
| 0:24.9 | American Airlines flight collided with the military plane. An American Airlines regional jet collided |
| 0:31.0 | with a U.S. Army Black Hawk helicopter near Reagan National Airport in Arlington, Virginia, around 9 o'clock last night. |
| 0:38.9 | Video shows the aircraft colliding in mid-air and turning into a fireball before falling into the |
| 0:45.0 | Potomac River. The American Airlines plane was approaching the runway at Reagan National Airport |
| 0:50.5 | when the accident happened. 64 people were on board the plane, 60 passengers, |
| 0:56.2 | and four crew members. Three soldiers were on the helicopter. As of the time of this recording, |
| 1:02.1 | reports indicate bodies have been recovered, but no survivors. The Black Hawk was on a training |
| 1:07.9 | mission, and the American Airlines flight number 5342 was flying from Wichita, Kansas to the D.C. area. |
| 1:15.3 | The FAA and National Transportation Safety Board will investigate with the NTSB taking the lead. |
| 1:21.8 | American Airlines is down 2.7% in pre-market action. |
| 1:27.9 | Nissan Motor announced production and shift cuts in the U.S. as part of its strategy to push back costs amid sluggish sales. |
| 1:36.1 | The Yokohama-based automaker is offering buyouts to workers. |
| 1:40.5 | Nissan will cut one of two shifts at the production line for its rogue sports utility vehicle in the Smyrna plant starting in April. |
| 1:48.4 | The Canton plant is reducing the speed on one line and consolidating another. |
| 1:53.4 | And at another plant shift adjustments will be more gradual. |
| 1:57.0 | The job cuts are part of a broader restructuring effort that includes a global plan to eliminate 9,000 jobs across various locations and the company's plan to slash its global production capacity by 20%. |
| 2:10.9 | Nissan is expected to report quarterly earnings on February 13th. |
| 2:16.0 | Nissan traded 2% higher on the Japanese exchange on Thursday after the |
| 2:20.9 | reports. Sticking with automakers, Toyota Motor continued to be the top-selling automaker |
... |
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