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Wed, Nov 26, 2008

Aero-News: Quote of the Day (11.26.08)

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

"Cirrus is fortunate to be well-positioned competitively and we see great opportunity as we look further ahead. Our focused commitment to the Vision Jet program, ongoing innovation in our piston products, and our flexible lean-manufacturing capabilities are just a few reasons for our optimistic view."

Source: Cirrus Design Chairman and CEO Alan Klapmeier. Cirrus announced Tuesday it would furlough a number of workers through the end of the year, due to a significant reduction in production rates. The planemaker says all furloughed workers will be provided full medical and other key benefits, and that Cirrus is coordinating with state government offices regarding available programs to supplement traditional compensation benefits for its employees. The company adds all furloughed workers will be back on the job January 5, 2009.

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