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Boeing CEO sees passenger levels under 25% in Sept, pain for airlines -NBC interview

CHICAGO, May 11 (Reuters) - Boeing Co Chief Executive Dave Calhoun does not expect passenger traffic to reach even a quarter of its levels in September, creating the need for airlines to make "adjustments" as they weather the impact of the coronavirus pandemic.

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." (Reporting by Tracy Rucinski and David Shepardson; Editing by Sandra Maler)