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Chicago, U.S., - Boeing CEO David Calhoun sees a major US airline can go out of business as a result of the severe crisis in the airline industry due to the ongoing pandemic. 

The chief executive of the American planemaker also said the industry won't return to pre-crisis levels before the next three to five years. During an interview with NBC, Calhoun said that when the stimulus package provided by the recent CARES Act runs out in September, one carrier is likely to go out of business. Calhoun did not comment on a specific company

He also said that the sector needs to focus on using its energies to realign with customer priorities, such as safety.

Flight reservations have slowly increased as lockdown orders gradually lift around the United States. Several safety precautions, such as face masks, spaced seating, and recycled air in the cabins, are being implemented to ensure the health of both travelers and employees. The air recycling systems are specifically designed to prevent the spread of airborne diseases, Calhoun said.

Health and safety measures will also play a significant role in the industry’s ability to combat slow growth rates. According to Calhoun, airlines will likely be returning to 50% capacity only at the end of the year.

Calhoun, however, remains optimistic.
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