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Tue, Mar 28, 2006

Aero-News Quote Of The Day (03.28.06)

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

"Increased costs and high competition in the market place have made it virtually impossible to exist as a passenger focused airline. Without the vast economies of scale required to sustain and successfully compete in the passenger airline business today, it has become clear that Air Wales now needs to center on charter and freight services to continue operating in the airline industry."

Source: Welsh regional airline Air Wales founder Roy Thomas, on the decision to halt passenger operations next month in order to focus on charter and freight-hauling operations, citing high costs and aggressive competition from other regional and low-cost operators in the area.

FMI: www.airwales.com

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