Proximity Drives Progress

Ortberg's strategic decision to base himself in Seattle signifies a shift towards greater engagement with Boeing's core operations and workforce, acknowledging previous challenges faced at production plants. His reputation as a savvy dealmaker, coupled with experience in the aerospace sector, positions him favorably to potentially reshape Boeing's headquarters back to Seattle. Additionally, the retreat of American and Allegiant from the Austin market suggests a cautious approach in the airline industry, highlighting the volatility of expansions made during the pandemic recovery period.