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 deeply regret the pain this is causing, but the truth is that people aren’t buying planes, or boats, or cars or making any other big-ticket purchases for that matter. It's never business-as-usual when people lose their jobs. We're talking about friends and neighbors, and the impact on them, their families, and everyone else in the community is heart wrenching. But we have had to do this to preserve the business and the approximately 650 jobs Piper continues to provide in a very difficult economy.

"We are building far less than we normally would and cannot afford to keep a full workforce when we don't have the sales to support that. This is a very difficult and agonizing situation driven by virtually unprecedented and unforeseeable business circumstances. Our hearts go out to the people we have had to let go, and we're focused now on bringing back as many people as possible once the economy recovers."

Source: Mark Miller, spokesman for Piper Aircraft. The Vero Beach, FL-based planemaker announced Tuesday 300 employees would be laid off immediately. effective immediately. In addition to the layoffs, Piper will shut down for one week in April, and again in July, "to avoid building up unnecessary inventory and to provide time to assess rapidly changing market conditions." The shutdowns will be without pay, and will affect all employees, Miller added, from Management to hourly manufacturing workers.

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