Low Cost Airlines - reaching a "critical" mass?
Morning everyone,
with the LoCo carriers all over Europe buying new Boeings at record levels, what happenes, when all those aircrafts need their thorough D-Checks?
And next point: You have an airline that flies 50.000 sectors each year. If it has a safety level of 1 accident every 500.000 sectors, itīll have one loss every 10 years (which is.. acceptable in a management point of view, i guess..).
An airline whith 500.000 sectors a year needs a much higher standard than that, it needs a safety level of 1 accident every 5.000.000 sectors to match the level of the above mentioned airline, otherwise, with the same level, it would have a total loss EVERY YEAR!
So, how do the Low Cost structures look like, if the carriers reach a "critical" mass?
It costs a lot of money to increase your safety standards by a factor of 10..
Last edited by Charly; 3rd Mar 2005 at 10:10.