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 fixed wing segment of the ultralight aircraft market, in terms of value, is estimated to account for the largest share of 80.45% in 2015, followed by the flex wing segment that holds an estimated share of 16.09% in the same year. In terms of volume, the flex wing segment leads the ultralight aircraft market, registering a share of 56.63% in 2015, followed by the fixed wing segment with a share of 41.82% in the same year."

Source: From a report by ASDReports, claiming that that the worldwide ultralight aircraft market is expected to reach $389.26 million by 2020, at a compound annual growth rate (CAGR) of 5.23% from 2015 to 2020.

FMI: Report