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 recently announced delay on the A380 production and delivery program has been a major disappointment for our customers, our shareholders and our employees. As president and chief executive of Airbus, I must take responsibility for this setback and feel the right course of action is to offer my resignation to our shareholders."

Source: Gustav Humbert, in a statement on his resignation as chief executive of Airbus. Humbert and EADS co-chairman Noel Forgeard both resigned from the beleaguered European consortium Sunday, in the wake of growing scandals surrounding the announced delay in the A380 superjumbo program.

FMI: www.eads.com, www.airbus.com