Boeing CEO: Industry will face 'new reality' after COVID-19 crisis

Boeing president and CEO Dave Calhoun, via a letter to employees, said (02-Apr-2020) he believes it will "take time for the aerospace industry to recover from the [coronavirus] crisis", and Boeing will "need to balance the supply and demand accordingly as the industry goes through the recovery process for years to come". Mr Calhoun added that when the world emerges from the pandemic, the "size of the commercial market and the types of products and services our customers want and need will likely be different" and it is "important we start adjusting to our new reality now". [more - original PR]