Thursday May 10, 3:00 pm Eastern Time

Press Release

SOURCE: Civic Committee/Eden

Chicago Business Leaders Welcome Boeing

CHICAGO, May 10 /PRNewswire/ -- The Commercial Club of Chicago today applauded the decision by The Boeing Co. to relocate its corporate headquarters to Chicago. The Commercial Club also recognized the efforts of state and local government leaders, whose coordinated efforts were instrumental in bringing Boeing to Chicago.

``We were pleased to be helpful in Boeing's decision,'' said Commercial Club of Chicago President R. Eden Martin. ``An outstanding team of Boeing executives approached this important company matter the right way. They worked closely with local government and business leaders in gathering information, researched carefully how each city under consideration could meet the company's needs and concluded quickly that Chicago is the best choice.

``We hope that Boeing's decision serves as a catalyst for the Mayor and the Governor in their efforts to work out arrangements to reconfigure O'Hare International Airport with at least one additional runway and help Chicago keep its position as the nation's premier air transportation center,'' Mr. Martin said.

Lester Crown, Chairman of The Civic Committee's Aviation Task Force, also commended Boeing.

``The decision by Boeing speaks volumes about Chicago's status as a world-class business center,'' Mr. Crown said. ``We enthusiastically welcome Mr. Phil Condit, the Boeing management team and the company's world headquarters staff to the Chicago business community. We look forward to working with them, especially on matters related to aviation.''

The Commercial Club has taken the lead in promoting a solution to Chicago's airport capacity problems with the addition of a new parallel runway at O'Hare International Airport. A recent report by Booz-Allen & Hamilton warned that failure to add a new parallel runway would cost the Chicago region more than $10 billion annually through 2015. It would also mean a loss of 110,000 potential jobs.

[Chicago ATC News]