Abstract
Differences in aviation safety records around the world should be minimal or nonexistent considering the global nature of aviation. However, significant differences exist and the reasons for those require the attention of governments, regulatory agencies, aircraft manufacturers, airlines and the flying public. One concern is that aircraft are increasingly used beyond their designed economic life. This study focuses on the relationship between aging aircraft and the country where the aircraft was registered. Findings support the idea that in general, the frequency of accidents increases with the age of an aircraft. The study also revealed that there is a correlation between the number of accidents, their severity and aircraft manufacturers. The aircraft’s phase of flight was also related to the number of accidents, with the Approach/Landing phase having the greatest number of accidents. The FAA and JAA have been influential in the development and dissemination of safety programs around the world. However, their efforts have not yet resulted in a world-wide standardization of safety and maintenance programs. This may be an indication that while an aircraft may be a global product, the aviation industry lags behind in becoming a global industry.
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More From: Journal of Business & Economics Research (JBER)
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