Will These Comments From Boeing's CEO Hurt Boeing Shareholders?

Boeing (NYSE: BA) CEO David Calhoun caused a stir when he predicted a "major" U.S. airline would go out of business as a result of the COVID-19 pandemic. Right or wrong, Calhoun's comments reportedly ruffled a lot of feathers in the airline industry, and Boeing and Calhoun are apparently now scrambling to walk back the statements as a result.

In the days since, Calhoun and Boeing have been fielding calls from airline executives including calls from United Airlines Holdings and American Airlines Group, according to a Wall Street Journal report.