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

"Clearly, the market for light jets is not recovering sufficiently and quickly enough to allow us to continue developing the program under the economic circumstances we face. However, going forward as a company, we will step up product improvements for our turboprop and piston-powered product lines. As a result, Piper will increase the number of personnel dedicated to our sustaining engineering function. In addition, the company is initiating third-party engineering and manufacturing services to preserve as much of our talent pool and as many jobs as possible." Source:  Piper Interim President and CEO Simon Caldecott, announcing the indefinate postponement of the Altaire jet project.

FMI: www.piper.com