{"id":348584,"date":"2020-04-28T12:19:30","date_gmt":"2020-04-28T06:49:30","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=348584"},"modified":"2020-04-28T13:01:56","modified_gmt":"2020-04-28T07:31:56","slug":"boeing-ceo-sees-slow-airline-rebound-no-dividend-for-years-due-to-coronavirus-lockdowns","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/boeing-ceo-sees-slow-airline-rebound-no-dividend-for-years-due-to-coronavirus-lockdowns\/","title":{"rendered":"Boeing CEO sees slow airline rebound, no dividend for &#8216;years&#8217; due to coronavirus lockdowns"},"content":{"rendered":"<p>Boeing&#8217;s head said Monday that restoring the dividend could take three to five years as the company girds for a slow air travel recovery in the wake of the coronavirus crisis. <\/p>\n<p>The comment from Chief Executive David Calhoun was a signal that paying back debt and keeping up Boeing&#8217;s manufacturing supply chain were bigger priorities than shareholder payouts for the forseeable future. <\/p>\n<p>Speaking at the company&#8217;s annual meeting, Calhoun offered a sober outlook on the near-term prospects for commercial air travel in the wake of the virus that is projected to cost the airline industry an estimated $314 billion in 2020 revenues, potentially felling some carriers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boeing&#8217;s head said Monday that restoring the dividend could take three to five years as the company girds for a slow air travel recovery in the wake of the coronavirus crisis. The comment from Chief Executive David Calhoun was a signal that paying back debt and keeping up Boeing&#8217;s manufacturing supply chain were bigger priorities than shareholder payouts for the forseeable future. Speaking at the company&#8217;s annual meeting, Calhoun offered a sober outlook on the near-term prospects for commercial air travel in the wake of the virus that is projected to cost the airline industry an estimated $314 billion in [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176,146,130],"tags":[],"class_list":["post-348584","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-deccan-herald-newspapers","category-deccan-herald-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/348584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=348584"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/348584\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=348584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=348584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=348584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}