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

"Boeing and Airbus are feeding the hand that will come back to bite them. (T)echnology transfer to emerging aerospace countries is enabling new competitors who will each take a piece of the market. Our projections indicate that the 100-200 seat market shared by Airbus and Boeing with an 88% market share today could see that share fall to nearly 40% if all of the new competitors are successful and achieve their market goals."

Source: Ernest S. Arvai of The Arvai Group, co-author of the AirInsight report "The Coming Aerospace Squeeze - a Review of Commercial Aircraft Programs in Brazil, Canada, China, Japan and Russia."

FMI: http://www.iag-inc.com/airinsight