Comments on: Airline safety rules damage profitability https://twentythirdfloor.co.za/2010/04/08/airline-safety-rules-damage-profitability/ Perspectives Sun, 11 Apr 2010 18:31:29 +0000 hourly 1 https://wordpress.org/?v=6.9.1 By: Andrew Warren https://twentythirdfloor.co.za/2010/04/08/airline-safety-rules-damage-profitability/comment-page-1/#comment-15648 Sun, 11 Apr 2010 18:31:29 +0000 http://twentythirdfloor.co.za/?p=519#comment-15648 One small difference between banks and planes – when a bank crashes and depositors don’t get money back, depositors don’t die. (They may have a much more miserable life and some may even resort to taking their own lives, but the bank cannot be said to have DIRECTLY caused their death). Also, a government can guarantee my deposit, it can’t guarantee that I will survive a plane crash

One death from a plane going down would be considered one too many, and a less than 100% safety record for an airline is not something I would like to leave to market forces to determine.

IMHO plane safety records would become a bit like credit ratings, and I am not sure I want the same kind of reliance that investors placed in credit rating agencies on my airline.

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