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

"Although there was a slight decrease in the amount of sales compared to the first quarter of this year, the industry is still on pace to outperform the total year-end sales from 2012, which amounted to more than $6.3 billion. It's important to remember that the AEA Avionics Market Report is still in its first year of existence, and it has not had the opportunity to gather and report a complete year's worth of data on a quarter-by-quarter basis. However, as we move forward in time and the report evolves into its second and third phases, we certainly will be better able to analyze and compare current sales against the same time period from previous years. I expect the report eventually will reveal the impact of seasonal and economic trends as well as upcoming equipment mandates, among other things in the years ahead."

Source: Paula Derks, president of the Aircraft Electronics Association, in comments made as the AEA released the Second Quarter numbers for their AEA Avionics Market Report.

FMI: www.aea.net