Fri, Jan 30, 2009
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
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
"The impact of high oil prices acted as a catalyst for
airlines to take unprecedented measures to bring the supply of
seats back into balance with passenger demand. We believe these
actions have significantly softened the blow from the economic
downturn that we as an industry now face."
Source: Doug Parker, CEO of US Airways. The
airline reported a fourth-quarter 2008 net loss Thursday of $541
million, largely due to fuel hedges that became staggering
liabilities as oil prices dropped below $40 per barrel. The carrier
lost $803 million for all of 2008.
Also: Dragon Returns, Quadcopter Flown At Airliner?, Classic Aero-TV: Redhawk, Diesel Flt School Airplanes, WWII Bomber Found The unmanned Antares rocket built by Orbital Science C>[...]
A New Single-Seat SportPlane Shows Great Potential For Serious Fun While at the Sport Aviation Expo 2014, ANN CEO and Editor-In-Chief, Jim Campbell stopped by to talk with Dan Wese>[...]
AD NUMBER: 2014-21-07 PRODUCT: Certain Bombardier, Inc. Model CL-600-2C10 (Regional Jet Series 700, 701, & 702) airplanes, Model CL-600-2D24 (Regional Jet Series 900) airplanes>[...]
AD NUMBER: 2014-21-10 PRODUCT: Certain Airbus Model A330-200 and -300 series airplanes, and Model A340-200 and -300 series airplanes.>[...]
Ex-MACs This group is made of retired McDonnell Engineers, most of whom began their careers at MAC either on the F101, F3H or F4H programs.>[...]