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Sun, May 16, 2010

Aero-News: Quote Of The Day (05.16.10)

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

"The economic downturn that plagued many industries in the past two years has not spared aviation. Airports, however, are optimistic about an increase in traffic as the economy begins to show signs of recovery... Industry forecasts indicate that, despite a sluggish recovery, demand for air travel will grow. There is still a critical need for airports to invest in infrastructure projects to meet future demand. The system nearly bogged down three years ago and current traffic is not far below that level. We know what the breaking point is and we must not wait to get to work."

Source: ACI-NA President Greg Principato, addressing a downturn in U.S. Airport Traffic -- which dropped nearly 6 Percent in 2009.

FMI: www.aci-na.org

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