In the Guidebook for Airport Safety Management Systems aviation accident analysis expert witness Mac McCall, A.A.E, writes:
There are two ways of thinking about safety. The traditional way is that safety has been about avoiding costs. In this sense, many aviation organizations have been bankrupted by the cost of a single major accident. This makes a strong case for safety, but the cost of occurrences is only part of the story. Efficiency is the second way of thinking about safety. Research has shown that safety and efficiency are positively linked. Safety pays off in reduced losses, enhanced productivity, and lower insurance costs. In 2006, the Port of Seattle opened a ramp tower to assist with ramp operations and improve safety and efficiency. The Port’s insurance company agreed that the liability had been reduced due to the ramp tower and lowered the insurance costs. This is an excellent example of how safety, efficiency and costs are linked.
Applied Research Associates, Inc.
International Safety Research, Inc.
Mac McCall Airport and Aviation Consultants