Originally Posted by
sixchannel
"managers will start trading off safety vs profits, and calculating how many accidents a decade they can tolerate before it impacts the bottom line "
Think Boeing 737 MAX.
The 737 Max fiasco was due to managers
failing to correctly trade off safety vs profits and
failing to correctly calculate how many accidents per decade they can tolerate.
As I pointed out elsewhere in this thread, it will always be possible to spend more money on safety and get a safer aircraft or safer operational procedures. The opportunity is open-ended, literally infinite. People use the phrase "putting a price on human life" as though that were an evil thing, but until you do that, you can't sanely answer questions like, "Is it worth it to spend an extra 50 million dollars per aircraft to cut the accident rate by ten percent?" or "Would you pay an extra $50 per flight to reduce your chance of being in a fatal crash by a quarter?"