Blake Scholl

Now, of course, I mean, I'd love to redesign airports, but we don't need to.

I think there's some truth to that.

Well, let me first paint a sympathetic picture here.

Wright Brothers forward to the first jets, every generation of airplanes was faster than the one that came before it.

That was the primary vector of innovation.

And then, you know, 1973, we outlaw increases in speed.

So where does that leave Boeing?

I mean, yes, in some ways it was an own goal.

But let's be sympathetic for a moment.

All they can do is improve the design they've already got, just iteratively tweak it.

So if you look at Boeing's latest jetliner, and you squint and you're not an aerospace engineer, it looks just like their first one.

It's a tube and wing, transonic airplane.

Now think about what that does to kids and what industry they want to work in.

I think there's a whole generation or two that did not go into aviation because the door was closed to innovation.

I mean, why is Boeing literally falling apart?

There are multiple threads to that story.

But one of them is when the door is shut to the most exciting innovation, you can't attract the most talented people.

They literally go to other industries.

From Boeing or Airbus?

Yeah.