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Wed, Sep 12, 2007

Aero-News: Quote of the Day (09.12.07)

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

"You know the root cause here -- the fastener industry got consolidated, post 9/11. The consolidators misjudged the demand swingback -- a lot of us misjudged the demand swingback -- post 9/11."

Source: Boeing CEO James McNerney, who during a Tuesday teleconference pointed his finger at Alcoa Inc. and others as reasons why the company had to postpone the first flight of the composite-bodied 787 Dreamliner.

FMI: www.boeing.com, www.alcoa.com

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