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Fri, Jul 10, 2009

Aero-News: Quote Of The Day (07.10.09)

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

 "Since aircraft deliveries lag sales by a year or two, the perfect sales environment would have to materialize again within the next 8 years to be captured in our multi-engine delivery forecast through 2018.  That seems unlikely in this environment following a worldwide recession.  Analogous to the airline industry, as the relatively young business jet industry matures it will eventually discover that there's a finite market for business jets and that every upturn will not necessarily have to be bigger than the last."

Source: Industry Analyst Brian Foley commenting on his 10 year forecast for business jet deliveries.

FMI: www.BRiFO.com


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