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Thu, Nov 06, 2008

Aero-News: Quote of the Day (11.06.08)

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

"These are temporary adjustments and they only affect our manufacturing operations. So our (other operations) will continue to operate normally and be staffed at the normal level. There will not be any change to existing or potential customers and we will deliver airplanes as scheduled."

Source: Dave Franson, spokesman for Mooney Aircraft Company. The Kerrville, TX-based planemaker announced Wednesday it has halted production in order to clear out existing inventory, and will lay off 229 workers immediately... the latest victim of the slumping economy.

FMI: Click Here To Read The Full Story

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