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Wed, Dec 10, 2008

Aero-News: Quote of the Day (12.10.08)

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

"Piper is not immune to the deteriorating global economy, and we have adjusted our work schedules and staffing levels to this reality... Piper's efforts are designed to preserve as many jobs and associated benefits as possible, as well as position ourselves to emerge from this downturn as a stronger company."

Source: Mark Miller, spokesman for Piper Aircraft. The planemaker has reportedly started has terminating employees, and is not revealing how deep the cuts will be.

FMI: Click Here To Read The Full Story

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