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Thu, Nov 04, 2004

Aero-News Quote Of The Day (11.04.04)

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 will see more cuts across the board, all workers, in the months ahead.... Were it not for Exxon getting most of our money this year, we would have been able to make some progress."

Source: American Airlines CEO Gerald Arpy in a statement on the pending layoff of a thousand workers -- including 450 pilots. Arpy says American will pay $500 million more for fuel in the fourth quarter of this year than it did during the same time last year.

FMI: www.aa.com

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