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

"APA’s rank-and-file members are not privy to inside financial information. Our advisers have in fact indicated that the airline does not face any immediate liquidity crisis and possesses respectable cash reserves."

Source: The Allied Pilots Association, in comments associated with a follow-up to a statement citing the observation that American Airline's attrition rate was so conspicuous that on October 3, APA felt the need to issue a news release making clear that the pilots did not have any insider information about an impending bankruptcy, but were likely reacting to the general decline in the stock market.

FMI: www.aa.com, www.alliedpilots.org