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Sat, Apr 26, 2003

Aero-News: Quote of the Day (04.26.03)

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.

Reader suggestions and comments are welcome... and if particularly thought provoking or poignant, may themselves become future Quotes of the Day. Let us hear from you, folks!

Aero-News Quote of the Day

"Unfortunately, a decline in general aviation shipments and billings was not unanticipated. Lost in all the noise about the troubles of the airlines has been the fact that, since 9-11, many general aviation manufacturers have had to lay off workers and slow or even temporarily halt production lines.  These are very tough times.  The only segment of the market that was able to hold its own in the first quarter was the single-engine pistons."

Source: GAMA President Ed Bolen, upon release of Q1 '03 numbers on delivery of general aviation aircraft.
FMI: www.gama.aero

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