Bloomberg Law
May 12, 2020, 5:58 PM

Boeing CEO Sees Risk a U.S. Airline Will Fail Amid Travel Rout

Julie Johnsson
Julie Johnsson
Bloomberg News

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.

Dave Calhoun
Photographer: Christopher Goodney/Bloomberg

“I don’t want to get too predictive on that subject but yes, ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.