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Sat, Nov 20, 2010

Aero-News: Quote Of The Day (11.20.10)

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

 

“We are not shutting down. However, we cannot continue to subsidize the company at the level we have in the recent past. We have been in discussions with potential investors for more than 18 months and will continue to work with them. If things change then the scope of this layoff could change.”  

Source: Mooney Chief Financial Officer Barry Hodkin, in a statement posted Thursday on the Mooney website.

FMI: www.mooney.com

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