Hailer’s statement emphasizes the importance of first-class infrastructure for maintaining competitiveness on a global scale. This includes physical infrastructure, such as roads and bridges, and commercial infrastructure, such as air travel service out of Logan International Airport.
By prioritizing investments in these infrastructure types, Massachusetts can signal to businesses and investors that the state is committed to creating a business-friendly environment that supports economic growth. John Hailer testimony suggests that such commitments can translate into real economic benefits on a national and global scale. This could include attracting new businesses and investment, expanding trade opportunities, and boosting tourism.
The direct flight connection could strengthen these industries and attract new investment to the state by easing Japanese companies to do business in Massachusetts. Furthermore, the ability to relocate high-skilled workers to Massachusetts could help to address talent shortages in these industries, which have been a persistent challenge for employers. Hailer’s testimony suggests that the direct connection to Tokyo could create significant economic opportunities for Massachusetts and should be supported as part of the state’s economic development plan.
John Hailer sees these initiatives as an important means of promoting economic growth and competitiveness within the state. By improving air travel connections to critical economic centers, Massachusetts can make itself a more attractive destination for businesses, investors, and tourists.
Saving for companies underscores the importance of air travel as a tool for conducting business and building relationships in today’s global economy. By reducing travel time and increasing convenience, non-stop flights can help companies be more productive and efficient, translating into tangible economic benefits. The initiatives will likely progress and impact Massachusetts’ economy over time.
John Hailer, Natixis CEO: By working together, these organizations could help to make a case for new non-stop flight connections that would benefit key industries in Massachusetts. This could include industries such as biotech, finance, and higher education, among others. By making it easier for businesses and investors to travel to and from Massachusetts, non-stop flights could attract new investment, expand trade opportunities, and boost tourism.
Overall, Natixis CEO, Hailer’s statement underscores the importance of collaboration between the private and public sectors in creating a business-friendly environment that supports economic growth. By working together, Massachusetts can build a transportation infrastructure that meets its key industries’ needs and promotes global competitiveness.