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Wed, Aug 05, 2009

Aero-News: Quote Of The Day (08.05.09)

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 are encouraged that the overall economic picture is showing some signs of improvement, which is a crucial condition for recovery in the general aviation market.  Flight hours are stabilizing, used inventories are beginning to shrink, and our manufacturers are seeing signs of renewed interest in airplane purchases. Even though it is too early to distinguish these indications as a trend, we are hopeful that this momentum with continue through the second half of the year."

Source: GAMA President and CEO Pete Bunce, on the release of statistics for aircraft sales in the first half of 2009.

FMI: www.gama.org

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