PPRuNe Forums - View Single Post - Lionair plane down in Bali.
View Single Post
Old 13th Apr 2013, 10:40
  #29 (permalink)  
deptrai
 
Join Date: Nov 2009
Location: flying by night
Posts: 500
Likes: 0
Received 0 Likes on 0 Posts
The way Lion Air is operating...they have the odds stacked against them. Glad to see that everyone survived (apparently), this could have ended so much worse.

I'm a free market economics kind of person, but I have to admit, the older I get, the more I feel some of the basic assumptions are flawed. People simply aren't rational. And consumers often don't know what they buy. For outfits like Lion Air, eventually insurance companies might put their foot down and require certain conditions to be met (assuming they are rational), but hell yes, I'd sure like to see more government oversight for outfits like Lion Air, it could add an extra layer of safety, before it's too late (again assuming bureaucrats are rational).

Last edited by deptrai; 13th Apr 2013 at 10:47.
deptrai is offline