drwigg

So, this is how they (F.A.A.) figure it. There is a value of human life and a cost of implementation. As of Jan. 2011 their value is 6 million per life. Cost of implementation for cargo is between 252 - 306 million. Cost per accident between 20.35 & 33.55 million. Passenger carriers: implementation between 338 - 390 million. Cost per accident between 376 & 716 million. Cost to benefit - not so good for the cargo guys (unless we could carry a couple hundred hearts in back). So yes, as we already knew, it's about the $, not necessarily the science. Tell me you're suprised!? However, parking the plane and filling it with cement would insure an almost infinite return on investment.

ThePurpleScrew

Maybe our company friendly unions will negotiate similar rest requirements in our next contracts, so they can boost of considerable gains. This will be a given of coarse, since the friendly FAA asked the company CEO'S to voluntarily adapt them.

Merry Christmas.

Dear Santa, I would like an early retirement package, a pot of gold, a pot of platinum, Lindsey Lohan as president and peace of earth for all.

magic rat

Albie,
Thats the funniest post I've ever read!!! I need to have some of what you're smoking....

Because if you think that we have the unity to demand and act accordingly to achieve that, you gotta have some topshelf, non-medicinal herb.

Look at the historical (or should I say hysterical) unity of days gone by:

Approved pos LOA1
Bid 777 without payrate, including MEC
Tripped over eachother to fatten wallets during 4a2b
Approved LOA2 for 3% and gave company blank check

Watch how we go crazy to bid 767 before that whole debacle is decided.

Have no unity, never will, the union and its members are paper tigers...

skeebo2

Of all the cargo pilots that could have only about 4000 (1500 FDX) responded to the call to action .


WE ARE OUR OWN WORST EMEMY

navigatro

From the FAA's website:

Executive Order 12866 requires agencies to examine the costs and benefits of both proposed and final regulatory actions. DOT administrations promulgate rules to enhance safety and protect the environment, for which the monetary value of preventing injuries and loss of life must be estimated among the benefits. Administrations also undertake investments and administrative actions that must be evaluated in terms of their safety benefits.

The benefit of preventing a fatality is measured by the Value of a Statistical Life (VSL), defined as the value of improvements in safety that result in a reduction by one in the expected number of fatalities


(current life value is $5.8 million.)

I am not bashing the President (I voted for him, in fact). It is simply politics and $$$. If the OMB (white house) says it is too expensive (cost/benefit), then the FAA (under direction/pressure from the President) will change the regulation. That is the way Washington works.

LeftWing

And to think that there are plenty of people (especially pilots) that finds no purpose in OWS.

Lineslug

Well, there goes your credibility...

FDXLAG

Of course we see the purpose to OWS. What is funny is that there are plenty of people (especially leftwing pilots) that dont see the irony in demands from protestors (that never worked a day in their lives) that the greedy ba$ards forgive my $100K in student loans

Nitefrater

So it's not too expensive for the pax carriers, most of which are in, just coming out of, or floating just above bankruptcy, but it's too expensive for the (relatively) prosperous cargo carriers... interesting logic.

jungle

We aren't about to camp out with a bunch of smelly human derelicts braying to the Retailer in Chief about the poor quality and quantity of free hopium to stuff into our collective pipes.

If we decide we need a better Retailer in Chief, we will get one the old fashioned way, we will buy one.