Boeing CEO Sees Risk a U.S. Airline Will Fail Amid Travel Rout
- Calhoun says traffic will still be depressed when aid runs out
- Planemaker confident in longer-term rebound of flight demand
This article is for subscribers only.
Boeing Co.’s chief executive officer sees a risk that a major U.S. airline will fail as the Covid-19 pandemic all but erases demand for flights.
The recovery is going to be slow, with air traffic taking years to rebound, Boeing CEO Dave Calhoun said in an interview Tuesday on NBC. Asked by “Today” show host Savannah Guthrie if a major airline might have to fold, Calhoun said travel would still be depressed in September -- the last month of the U.S. government’s payroll support for airlines.