Quote:
Originally Posted by Stuart C
Think about this logically.. If they lose a plane, how much would it cost to replace? About two to three hundred million dollars ( http://www.boeing.com/commercial/prices/ ) for a 747.
Now add in the costs for the inevitable legal actions (which depending on which country the action takes place in may include punitive damages). This will cost millions.
Now multiply that by the number of flights that each airline makes in one day (which can be hundreds)
Finally, factor in the damage caused to their reputation when people start thinking that the airline was willing to risk their lives to save a few pounds..
That kind of loss of reputation bankrupted Pan Am (then one of the largest airlines) after Lockerbie.
Now, do you *really* think the airlines would risk all that cost to save a few £million?
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Yes, I know, I was just being flippant. But, bearing in mind Walsh's arrogance, it does have ring of truth about it.