Boeing CEO: U.S. Aviation Division’s front road is unusually bumpy, bad will someone out

Dave Calhoun, chief executive of Boeing, the U.S. aircraft manufacturer, boldly predicted in an interview with NBC that the U.S. carrier’s road ahead would be unusually bumpy, saying that with the scarcity of traffic caused by the U.S. public health and safety crisis, “there is a good chance that a major airline will fail,” Bloomberg reported on May 12. “

Boeing CEO: U.S. Aviation Division's front road is unusually bumpy, bad will someone out

Dave Calhoun believes that while the federal government currently offers an “employment assistance plan” for the aviation industry, the program will expire in September. “By September something will happen. (U.S.) traffic can’t fully return to normal levels, it’s hard to get back to a quarter of the level, and maybe the bonus will be restored by the end of the year. So there’s going to be an adjustment in the aviation industry. “

Asked by the interview’s host, Savannah Guthrie, if there would be a big airline that would fail as a result, he replied: “Yes, probably.” “

Later, Boeing spokesman Gordon Johndroe responded to a media question about the CEO’s comments on the NBC talk show, saying that the CEO’s comments were “just a general uncertainty across the industry, not specifically an airline.” “

Some media commentthat, in the world’s governments generally implement the “restriction of travel, consumer compliance warning home” overall policy, the world’s air operators are now facing a sharp decline in passenger traffic, operating difficulties. Many airlines have made to reduce the size of their fleet, reduce the number of employees, reconfigure the route models and other emergency operating means. But across the aviation industry, such moves amount to a glass of water and have had little effect.

On May 12, the overseas aerospace news media “Simple Flying” reported that The Us. charter airline Miami International Airlines announced that it was out of business this week and went into liquidation this week, directly affecting the employment of 350 employees. It was earlier reported that Miami International had filed for bankruptcy protection at the end of March and had applied to the U.S. federal government for a $10 million aid loan, but the application failed to pass the review.

On the same day, there are financial media news that “share god” Buffett cleared the holdings of aviation stocks. Although economists later dismissed the myth that “Buffett’s emptying of aviation stocks does not mean that the aviation industry is not good”, but according to Buffett’s own prediction, “the impact of the National Public Health Security Crisis on the aviation industry, in the short term is indigestible.” Perhaps three or four years from now, it is not certain that aviation demand will return to its current state.”

But not only in the U.S. aviation industry, Boeing has had a hard time. In addition to boeing’s delayed return to flights, orders for other Boeing jets have also been in trouble, and Boeing is scaling back its operations. In April, Boeing announced contingency plans to cut 16,000 workers and slow down production of passenger aircraft, and announced that it was seeking federal loan relief.