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Fri, Jun 01, 2012

Aero-News: Quote Of The Day (06.01.12)

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

"General aviation manufacturers around the world are collectively suffering through one of the worst economic downturns the industry has ever experienced. This report usefully highlights a number of key factors impacting the industry, including the slow economic recovery in the largest markets - North America and Europe - as well as tight financing, the threat of new taxes and fees, and delays in certification which impact manufacturers’ ability to bring new, safety-enhancing technologies to market in a timely manner. Source: GAMA president and CEO Pete Bunce, on the release of the USITC report focusing on business aviation.

FMI: Read the Report

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