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 the inevitable forces of consolidation kick in, it is equally important that we have a competitive cost structure. Otherwise, we will be the awkward teenager at the school dance, hoping someone will come talk to us, but going home disappointed and lonely."

Source: US Airways CEO David Siegel, speaking to a meeting of the Potomac Officer's Club in Washington (DC) last week. Siegel, whose own airline recently emerged from Chapter 11 bankruptcy, predicts a wave of airline mergers to come -- one that will leave only three or four major carriers standing. He predicts a horde of low-cost carriers will compete for no-frills travel along short-haul and shuttle routes and hints that he's positioning his company to be in the best possible position when the takeovers begin.

FMI: www.usairways.com