Boeing, Boeing, Gone

Does the planemaker's decision to move its headquarters out of Seattle make any sense?

Lush and livable, Seattle is the kind of place that always makes those Best Cities for Business lists. So perhaps Boeing has had too much of a good thing. How else could city and state officials explain last week's announcement by CEO Phil Condit at a press conference in Washington that Boeing is blowing town. The Jet City's jet company is enplaning for parts known: either Dallas, Denver or Chicago.

"I'm waiting for the locusts," says Seattle Mayor Paul Schell, whose city suffered a major earthquake in February. The company is taking only 500 or so of its 1,000 headquarters...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!