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Mon, Jul 01, 2013

Aero-News: Quote Of The Day (07.01.13)

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

"Demand has been soft for years, due to the uncertainty in the world economy. But the new-order books are starting to look better, partially the result of rising orders for the CSeries, Bombardier's upcoming aircraft, and renewed strength in the demand for high-end business jets. It will take years for the industry to fully benefit, but production is beginning to accelerate."

Source: Maxim Armstrong, Senior Economist, in comments made following the The Conference Board of Canada's Industrial Outlook: Canada's Aerospace Industry-Spring 2013 -- which reported that demand for new aircraft appears to be on the rise, which will provide a boost to Canadian production over the next four years. 

FMI: www.conferenceboard.ca

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