TObound wrote:I wonder if airlines can buy business insurance for catastrophic risk.
They are, that is how they survive them & families paid something.
But no insurance can bring people back from death, which is what all bean counters overlook.
Suppose that all airline & OEM management lifes were tied to that of their passengers ? Say Japanese style, seppuku / hara-kiri ?
Yeah, it does make me chuckle too, but I am sure then further security procedures would be implemented. Not just to avoid their own death, but because it is a way to internalize at last what they are overlooking : business is one thing, but above that, is the preservation of human lives ( same should apply to the army or Presidents ).
TObound wrote:DWC wrote:Because I remember JL CEO stating that their airline could not rely on a sole OEM, because I remember how that ended with JL ordering Airbus, this msg from SW has a particular ring. Naturally, SW is a different animal than JL, different business model, but they are healthy & way larger : they can afford whatever they want to ensure they stay sound & stolid.
Another aircraft type doesn't necessarily mean buying from Airbus. They could buy E2s.
I never meant Airbus necessarily, I was just detailing the "historic" example of JL.
Considering the ties between Boeing & SW, and those between Boeing & Embraer, E-jets are a logical conclusion no doubt, specially that Embraer badly need to score handsome orders now that the C-Series redubbed A220 is squeezing it with their two models.
But if SW are investing in their future, I understand E-jets are done with new versions, let alone getting them longer. For fleet commonnality between versions, the A220 would be the way to go & it has easily two decades of life. So does the A320, though I am aware Airbus is anathema with SW & many here.
But business is business, business comes first, bottom lines will make the decision, whatever that is.