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Sun, May 15, 2011

Aero-News: Quote Of The Day (05.15.11)

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

"Europe will remain a significant market and account for roughly 20% of all worldwide deliveries over the next decade, down slightly from the historical average of 25%. And we see an interesting opportunity in that a disproportionate share of deliveries will go to new customers in Eastern Europe, while Western Europe becomes more of a replacement market for aging aircraft."

Source: Industry consultant and investor Brian Foley in comments ahead of this year's EBACE event.

FMI: www.brifo.com

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