Will Asiana Crash Impact Air Travel Demand?

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July 9 (Bloomberg) -- Teal Group's Richard Aboulafia discusses flight safety in the wake of Asiana Flight 214 crash in San Francisco. He speaks with Mark Crumpton on Bloomberg Television's "Bottom Line." (Source: Bloomberg)

Thanks for joining us tonight.

Flight 214, it was a boeing 777, how is it different from other aircraft?

They go through stages where they incorporate the latest and best in new technologies, fireproof material, or the latest structures without any kind of serious fatalities.

It is state of the arts and absolutely fantastic for a time . the pilot was used to flying other planes.

They are different from velocity and the cockpit.

There is a certain level of commonality.

There is a great deal of training that can happen that prepares a pilot for a new experience.

70% aluminum.

What is the significance of that from a safety perspective?

This will be shown as a success story that the system works.

It has been a long time since we have had a fatal crash involving main line jets.

And a terrible case scenario happened and the engines separated.

It was a horrifying event.

You only had two fatalities, that is remarkable.

It projected the overwhelming majority of passengers on board.

Vice-president for analysis of the d.o. group.

The system was off when flight 214 crash landed, but airlines have been notified of this well in advance.

Does it have more to do with pilot training than anything else?

It would have made landing slightly more difficult.

It should not be difficult to land the plane under normal circumstances.

It is too soon to know at this point.

How will that have any impact on the airline industry as a whole?

On the other hand, they will see a system that is remarkably safe.

Very few fatalities.

You are talking about millions of hours, millions of miles flown.

It is the cheapest form of transport in the history of the human race.

In terms of how far you go relative to casualties.

I don't think you will see any measurable impact on demand for international air travel.

It is tragic that two people were killed, but the death toll could have been much higher.

Are the features intended to prevent loss of life for minimize loss of life?

Pretty much both.

The idea is to prevent fires from spreading, to prevent seats from breaking apart or sliding together.

And of course, the structure of the plane itself is to be as crash-worthy as possible.

The system really did its job in this particular case.

I had a former official on last night, and let me pose the same question to you.

At this point, what lessons can be learned how going forward following saturday's crash from a safety perspective?

It will be the job of the investigators to go over what was done in the cockpit, procedures being followed, what the passengers followed.

The last .001% of the margins, there has been a lot to keep people safe, the system keeps evolving.

There might be one or two minor things.

But at the end of the day, we are incredibly safe.

This text has been automatically generated. It may not be 100% accurate.

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