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Sun, Jun 14, 2009

Aero-News: Quote Of The Day (06.14.09)

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

“Unless there is a huge upturn in business travel propensity and spending, it’s inevitable there will be further cutbacks in capacity on the international side. You can clearly fill up the airplane with cheap fares, but that doesn’t get you the economics you want. The maximum revenue is just less than you’d hoped. It doesn’t necessarily get you to a positive bottom line.”

Source: Robert Mann, of airline consulting firm R.W. Mann & Co., speaking about continued bad news in the airline sector as additional layoffs are made known. 

FMI: www.airlines.org

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