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Wed, Nov 30, 2011

Aero-News: Quote Of The Day (11.30.11)

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

"While today’s news was not entirely unexpected, it is nevertheless disappointing that we find ourselves working for an airline that has lost its way. In 2003 American Airlines’ pilots provided management with significant cost savings that were characterized as essential to avoiding bankruptcy at that time. We agreed to sacrifice based on the expectation that our airline would regain its leadership position. What has transpired since has been nothing short of a 'perfect storm'.” Source: APA President Capt. David Bates, on the Chapter 11 filing by AA.

FMI: www.alliedpilots.org
 

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