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Thu, Jul 24, 2003

Aero-News: Quote of the Day (07.24.03)

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

"We took strong actions this quarter to recognize and address the challenges in our commercial space businesses. Our strong defense portfolio again performed well, and Commercial Airplanes and Boeing Capital Corporation are successfully managing through the downturn for strong future returns."

Source: Boeing Chairman and Chief Executive Officer Phil Condit, after boeing reported a net loss for the second quarter of 2003 of $192 million on revenues of $12.8 billion.

FMI: www.boeing.com

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