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Tue, Mar 29, 2011

Aero-News: Quote Of The Day (03.29.11)

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

"We are disappointed and frustrated in the extreme to have to take this action. We had deferred these cost cutting measures as long as possible, while awaiting a positive response to our request for a federal government loan. At this time we are still awaiting a formal response We are hopeful that the government will give this matter urgent attention and provide the requested assistance, following which we would immediately recall our furloughed employees and get our program back on track. We will be contacting our D-JET customers individually to further detail the impact of these actions and our plans for the way forward." Source: Peter Maurer, President of Diamond Aircraft Industries Inc., announcing the layoff of 213 workers in London, Ontario.

FMI: www.diamondaircraft.com 

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