Boeing CEO sees passenger levels under 25% in September, pain for airlines: NBC interview

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In an interview with NBC to be aired on Tuesday, Calhoun said: “Traffic levels will not be back to 100%. They won’t even be back to 25%. Maybe by the end of the year we approach 50%. So there will definitely be adjustments that have to be made on the part of the airlines.”

Asked whether there might be a major U.S. carrier that has to go out of business, Calhoun said: “Yes, most likely. You know, something will happen when September comes around.”

In response to Calhoun’s comment, Boeing spokesman Gordon Johndroe said: “He was speaking to the general uncertainty in the sector, not about any one particular airline.”