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Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at
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Sat, Jun 11, 2011

Aero-News: Quote Of The Day (06.11.11)

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

"It remains our goal to show one of the two production prototypes at EAA AirVenture in Oshkosh, WI this July, but the vehicle will not be ready to fly at the show. This is similar to the stage that the Proof of Concept (POC) vehicle was in at Oshkosh 2008 (i.e. mostly complete but untested). If we extrapolate from our experience with the POC, the first test flights would be expected in March of next year... To appropriately set expectations and adjust our scheduling margins based on recent experience with suppliers and other key third party contributors, we feel it is necessary to extend our anticipated first delivery date to late 2012..."

Source: Terrafugia CEO/CTO Carl Dietrich, explaining a number of program delays and the fact that a promised demo flight will not take place at Oshkosh 2011. 

FMI: www.terrafugia.com

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