Aero-News: Quote of the Day

ANN's Quote of the Day usually derives from current news, though we reserve the right to pick quotes out of history that have a bearing on the day's events and issues.

Sometimes, you'll find them timely and in keeping with the content of the day's news... and sometimes, they'll just be thought-provoking.

Reader suggestions and comments are welcome... and if particularly intriguing, timely, or poignant, may themselves become future Quotes of the Day.

Let us hear from you, folks!

Aero-News Quote of the Day

“This study underscored the impact that currently high levels of aircraft retirements is having on the aftermarket supply chain, especially for mature fleets. Put differently, there are $3.2 billion worth of alternatives to new parts or expensive repairs out there, undoubtedly having a material impact to OEM's, MRO's, and aftermarket parts distributors alike.”

Source: David A. Marcontell, TeamSAI's President & COO, commenting on reports that the total global market value of the aircraft dismantling services market is set to reach $80 million in 2014, according to a new industry study by top aviation consultant TeamSAI Consulting, conducted in partnership with the Aircraft Fleet Recycling Association (AFRA).

FMI: www.afraassociation.org, www.betterinsight.aero