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Sun, May 06, 2007

Aero-News: Quote of the Day (05.06.07)

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

"If you want to reduce your work force, you should start with yourself. One CEO, one chairman, that's how you lead by example."

Source: Errol Keyner, representing Dutch shareholders' organization VEB in a recent meeting of the board at European Aeronautic Defence & Space Co. French strategic shareholder Arnaud Lagardere opened the politically-charged annual meeting by reporting to shareholders that outside lawyers had found nothing wrong with EADS' response to production flaws, thereby clearing top officials of personal liability for delays to the A380 that have led to massive job cuts.

FMI: www.eads.com, www.airbus.com, www.daimlerchrysler.com

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