Tue, Oct 21, 2003
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
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
"Air Force officials ultimately used a weighted average
and concluded that a reasonable price for the basic aircraft would
be about $79.0 million per aircraft."
Source: GAO report on the strange machinations used to justify
the Air Force/Boeing deal on the 767-based tanker (KC-767A), noting
that the prices that were "averaged" ranged from $60.0 to $80.5
million, with a mathematical average of $71.1.
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