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Wed, Oct 25, 2006

Aero-News: Quote of the Day (10.25.06)

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

"We must be prudent and manage proactively our CRJ700/900 jets production schedule in the short term to ensure we achieve our goal of increased profitability and our success in the long term."

Source: Bombardier Aerospace President and CEO Pierre Beadoin, on the company's decision to lay off about 20% of its workforce due to sluggish sales for its bread-and-butter regional jets, the CRJ700 and CRJ900.

FMI: www.bombardier.com

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