Aero-News: Quote of the Day (05.09.08) | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne 07.25.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 07.25.14 **
** Airborne 07.23.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 07.23.14 **
** Airborne 07.21.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 07.21.14 **

Fri, May 09, 2008

Aero-News: Quote of the Day (05.09.08)

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

"Customers have told our manufacturers that bonus depreciation, made part of the US economic stimulus package in February, is generating new sales within the piston segment. Although the provision applies to both piston and turbine engine aircraft, we believe that in light of current backlog, the piston manufacturers will benefit more proportionately because bonus depreciation applies to purchases made in 2008 with delivery in 2008 or 2009."

Source: Alan Klapmeier, Chairman of the General Aviation Manufacturers Association. On Thursday, GAMA announced first quarter shipment and billings figures. Total industry billings were up 16.1 percent to $5.3 billion, an all-time high for the first quarter, while total shipments were down by 7.5 percent... including a 28 percent slump in deliveries of piston aircraft. Despite that discouraging downturn, Klapmeier said recent government action could result in an upswing in piston aircraft sales soon.

FMI: www.gama.aero

Advertisement

More News

AOPA Exits EFB Market

Apps Will Transition To Seattle Avionics AOPA is exiting the electronic flight bag (EFB) market, and the association’s existing products, the FlyQ EFB iPad application and re>[...]

Airborne 07.25.14: Global Flight Tragedy, Blue Angel Update, GA's Next Big Thing

Also: Eve Of Oshkosh, WomenVenture, Garmin Flight Stream, AEA Pilot's Guide The father-son duo of Babar Suleman and 17-year-old Haris Suleman of Plainfield Indiana had planned thei>[...]

Judge Dismisses Bizarre Patent Lawsuit Against AOPA

Ruled That SD Holdings LLC Did Not Have Personal Jurisdiction To Bring The Suit A U.S. District Court judge in Oregon has dismissed a patent infringement lawsuit against the Aircra>[...]

Dynon Avionics Announces SkyView Upgrades Just Ahead Of AirVenture

New Com Radio, Video Input, And Version 11 Software On Display At The Show Dynon Avionics has rolled out an 8.33 kHz COM radio, video input, and version 11 software for its SkyView>[...]

Airborne 07.25.14: Global Flight Tragedy, Blue Angel Update, GA's Next Big Thing

Also: Eve Of Oshkosh, WomenVenture, Garmin Flight Stream, AEA Pilot's Guide The father-son duo of Babar Suleman and 17-year-old Haris Suleman of Plainfield Indiana had planned thei>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC