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Fri, Dec 05, 2008

Aero-News: Quote of the Day (12.05.08)

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

"What we've seen so far is a very gentle adjustment. We do expect there is worse to come."

Source: Sandy Morris, an analyst at ABN Amro bank in London, warning that Boeing and Airbus face potentially devastating numbers of order cancellations as the global economy continues to worsen. Both companies are already seeing options for additional planes dropped by their airline customers... and in some cases, firm orders are at risk.

FMI: Click Here To Read The Full Story

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