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Sun, Oct 04, 2009

Aero-News: Quote Of The Day (10.04.09)

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

"Throughout 2009, Continental Motors has focused on a number of marketing and factory improvement initiatives to drive sales and cost control during the current economic downturn. These initiatives have worked resulting in more stable aftermarket engine and parts sales, improved delivery from the factory and lower costs. However, the combination of lower OEM orders and improved performance means the factory has outstripped demand. The closure will allow order backlog to grow to a level that supports efficient factory operations."

Source: From a statement by Teledyne Continental Motors, explaining the all-too-understandable rationale behind a temporary factory closure in order to deal with the current economic problems ravaging the aviation industry.

FMI: www.tcmlink.com, www.genuinecontinental.aero

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