Tacan400
if you just do a few back of the envelope calculations like economists do and use a statistical value of human life of $3 million each, you get well over $300million for this one accident, not counting all the other direct and indirect costs ( loss of hull, loss of company and industry reputation, worker's compensation insurance, carrier's liability payments, accident investigation, airforce costs, site clean up etc etc etc.....)
And then add an unquantifiable amount for immense grief and suffering for the precious lives lost...
This accident will have cost the industry well over $500million.
Once the facts are established and the remedies devised, it is very hard to see how any aircraft modifications to prevent such an accident ever occurring again would not be cost beneficial!
You sure simplified that financial model to support your conclusion.
Now go back and cite the real costs of increased safety by
1. defining exactly what the perfect 100% success really is to support your words of
ever again
2. Now add up the costs for
a) design/development
b) certification
c) implementation including
.@ downtime
@ resources (man hours)
@ training
You can probably forget about product costs to manufacture because the manufacturers often eat this when it comes to safety enhancement
Oh, just in case it really isn't perfect, then factor in the deaths that it actually causes so that we can see what the net gain really is.