WorldTraveler
Corn Field
- Joined
- Dec 5, 2003
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Before you attempt to use the DOT data cited as evidence for any safety related hypotheses, you might want to read the paragraph posted on their website and reproduced here:
The NTSB wishes to make clear to all users of the preceding list of accidents that the information it contains cannot, by itself, be used to compare the safety either of operators or of aircraft types. Airlines that have operated the greatest numbers of flights and flight hours could be expected to have suffered the greatest number of fatal-to-passenger accidents (assuming that such accidents are random events, and not the result of some systematic deficiency). Similarly, the most used aircraft types would tend to be involved in such accidents more than lesser used types. The NTSB also cautions the user to bear in mind when attempting to compare today's airline system to prior years that airline activity (and hence exposure to risk) has risen by almost 100% from the first year depicted to the last.
As for the arguments presented above, the only one that holds any potential is that LCCs might raise fares in the future. While none of the LCCs have done it, Wal-Mart might provide an example; they still price as low as possible, often undercutting competitors and driving them out of business. Therefore, I don't think that simply raising prices is likely but industry concentration among a few players is certainly possible. While the consumer may continue to benefit from Wal-Mart's low prices, many argue that Wal-Mart's size has negative impacts on other parts of the economy such as suppliers.
The NTSB wishes to make clear to all users of the preceding list of accidents that the information it contains cannot, by itself, be used to compare the safety either of operators or of aircraft types. Airlines that have operated the greatest numbers of flights and flight hours could be expected to have suffered the greatest number of fatal-to-passenger accidents (assuming that such accidents are random events, and not the result of some systematic deficiency). Similarly, the most used aircraft types would tend to be involved in such accidents more than lesser used types. The NTSB also cautions the user to bear in mind when attempting to compare today's airline system to prior years that airline activity (and hence exposure to risk) has risen by almost 100% from the first year depicted to the last.
As for the arguments presented above, the only one that holds any potential is that LCCs might raise fares in the future. While none of the LCCs have done it, Wal-Mart might provide an example; they still price as low as possible, often undercutting competitors and driving them out of business. Therefore, I don't think that simply raising prices is likely but industry concentration among a few players is certainly possible. While the consumer may continue to benefit from Wal-Mart's low prices, many argue that Wal-Mart's size has negative impacts on other parts of the economy such as suppliers.