Boeing CEO says travel demand recovery is 'more resilient' than he imagined
Publishing timestamp: 2023-09-29 00:53:12
Summary
Boeing's CEO, Dave Calhoun, is optimistic about the recovery of travel demand, stating that it is more resilient than he expected. He believes there is a lot of pent-up demand for passenger traffic, tourism, and businesses coming back. Calhoun also mentioned that order books and demand for proposals are robust. While there are concerns about the supply chain's resilience, Calhoun remains bullish about Boeing and China's market. He believes that competition from China's homegrown C919 jet would not be the worst thing, given the growing travel demand.
Sentiment: POSITIVE
Keywords: airlines, boeing co, airbus se, china, aerospace and defense industry, breaking news: business, ceo, business news, travel, transportation,