Havoc
The true dollar cost of an accident is almost always ten times the direct cost - i.e. 10x the cost of the obvious bits such as replacing the helicopter, scene reaction and evacuation/cleanup, insurance personnel time, insurance cost, increased cost of insurability, all the personnel time of all the folks involved, lost revenue opportunity, lawyers, new standards and training required, lawsuits, etc. etc. etc. If negligence is awareded the penalty in US courts is usually 4x the calculated one.
"If one thinks safety and training are expensive - just try the cost of an accident!"
A bit from the article you provide says if very well:
" " The economic losses from these crashes are around $100 million, assuming a statistical value of $3 million for each life lost, some $500,000 for each injury, and about $5 million for replacing each helicopter. If anything, the costs are on the low side and could be substantially higher.
The costs are certainly greater than any safety improvements, and the toll over the last 12 months is the worst in the history of such operations" "
Thanks for the link!
WIII