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Mon, Apr 03, 2006

Aero-News Quote Of The Day (04.03.06)

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

"When we spoke at this time last year we said we should be profitable this year. Well, I am glad to say we are back to profitability and looking forward to improve further from here."

Source: Bombardier chief executive Laurent Beaudoin, in a conference call to financial analysts reporting that after losses of $85 million in 2004, Bombardier returned to profitability in the 4th quarter of 2005 with an overall profit of $249 million for the year. Despite dropping sales of the manufacturer's regional jet airliners, strong sales of the company's business jet offerings and regional turboprops made up the difference -- a scenario Bombarider expects will continue for 2006.

FMI: www.bombardier.com

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