Warren Buffett is wrong about airlines' prospects after coronavirus, Raytheon CEO says

Getty Images / Bill Pugliano Warren Buffett is too negative about the prospects for air travel after the coronavirus outbreak, Raytheon Technologies CEO Gregory Hayes said at a conference on Tuesday. "Unlike Mr. Buffett, I actually do believe that the airline industry is going to come back," Hayes said. Hayes' comments echo those of Southwest Airlines CEO Gary Kelly, who said last week that Buffett was too "pessimistic" about travel and tourism rebounding. In contrast, Boeing CEO David Calhoun w...