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Thu, Jan 22, 2009

Aero-News: Quote of the Day (01.22.09)

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

"Technological risk, weak airline traffic and low fuel prices all work against new aircraft programs Those are three great reasons not to be in a new jetliner program today. We just don't see it happening."

Source: Teal Group analyst Richard Aboulafia. Officials at Bombardier are looking to wedge their way into the market for airliners of 110-to-130 seats, and have a promising development program started for their CSeries jet. But company execs say they're finding it difficult to have their projected 2013 start of deliveries taken seriously by the airlines after widely publicized delays in new projects at Boeing and Airbus.

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