PPRuNe Forums - View Single Post - Superb book on the 737 Uncommanded Rudder Accidents
Old 28th June 2003 | 07:45
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Lu Zuckerman

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Joined: Sep 2000
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From: The home of Dudley Dooright-Where the lead dog is the only one that gets a change of scenery.
Thumbs up Money, Death Vs. Modifictation

To: LEM

But of course, we don't give a s##t about dozens of deaths, when it comes to money!
This is the operational philosophy of the FAA. When an airliner crashes the FAA will run a cost benefit analysis. They will compute how much the lives of a full load of passengers are worth factored against the cost of a fleet wide modification for that type of aircraft. If the cost of human lives is worth less than the cost of modification the modification will not be made. The US Department of Commerce runs a yearly calculation regarding the cost of a single human life factoring in earning potential, cost of living and several other factors and the FAA uses this figure in their Cost Benefit calculations. Several years ago this figure was $1,500,000. It may be more now.

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