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Old 18th April 2010 | 21:08
  #1275 (permalink)  
rp122
 
Joined: Jan 2008
Posts: 62
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From: uk
Safety always wins?

Scenario 1
Airline A refuses to fly, competitors decide to fly.
Competitors damage engines or have more serious incidents.
Either could put them out of business in the long run.
Significant instances of either could put them out of business much faster.

Result -
Airline A is sitting pretty with competitors at a huge disadvantage.
Airline A is seen to be more conservative and risk averse.


Scenario 2
Airline A refuses to fly, competitors decide to fly.
Competitors have no trouble at all.

Result -
Airline A is seen to be more conservative and risk averse.

Airline A of course has to decide when to get back in the air. The longer it waits the more potential financial loss it suffers. The longer it waits, the more data supporting the decision to stop waiting it gathers.

Last edited by rp122; 18th April 2010 at 21:42.
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