PPRuNe Forums - View Single Post - Parliamentary Questions concerning Hercules Safety
Old 5th May 2006, 09:09
  #427 (permalink)  
flipster
 
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For the MOD managers out there, lets take that a bit further

Cost of Ac (anywhere between £1 - £10m) lets say, £4m.
Cost of trg the flight crew (5) lets say approx £2m each = £10m
Cost of trg the rest of the crew (5) lets say approx £7m
Savings due pension vice salary approx £100k
Saving on NOT fitting foam (worst case) = £ 50k + £350k = £400k

So for the taxypayers sake,

We saved £0.5m but lost £21m

and now

we will have to spend another £21m to replace the crew and aircraft (if possible), while still losing all the crew's invaluable experience.

Ask yourself if this is good accounting or management? I fear the answer would be negative!

The old adage of "For a hay'p'th of tar the ship was lost" rings too true in our ears.
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