> After all, pilots and passengers generally want, other things equal, to be safe, so an unfettered free market will deliver cost-effective safety-improving innovations over time.
Ah, such optimistic belief in the "unfettered free market"! That might be true, but aircraft operators mostly want to make as much money as possible, so if the choice is between a cost-effective safety-improving innovation and an even more cost-effective non-innovation (i.e. not doing anything), they will choose the latter.
Ah, such optimistic belief in the "unfettered free market"! That might be true, but aircraft operators mostly want to make as much money as possible, so if the choice is between a cost-effective safety-improving innovation and an even more cost-effective non-innovation (i.e. not doing anything), they will choose the latter.