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Wed, Feb 01, 2006

Aero-News Quote Of The Day (02.01.06)

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

"This is the correct business decision given today’s market dynamics.”

Source: Pierre Beaudoin, President and Chief Operating Officer, Bombardier Aerospace, commenting on their decision to abandon development of the CSeries aircraft line. The majority of the CSeries employees will be redirected to the development of regional aircraft opportunities. A small team of employees will remain with the CSeries program to further develop its business plan, with emphasis on including other partners, particularly in fast-growing major aerospace markets.

FMI: www.bombardier.com

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