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Stock impact report

Airplane safety has hit a new record. But these ‘critical phase' challenges are still a problem [CNN]

JAPAN AIRLINES UNSP/ADR (JAPSY) 
NASDAQ:AMEX Investor Relations: jal.com/en/investor/index2.html
Company Research Source: CNN
mid-air from an Alaska Airlines 737 Max 9 in January, and with four more fatal accidents involving regional and business aircraft in the weeks since. However, commercial airplanes remain the safest form of travel and a new report released February 28 confirms that 2023 was, by several measures, the safest year ever for flying. Now in its 60th year, the IATA Annual Safety Report - compiled by the International Air Transport Association - has been tracking the evolution of commercial aviation safety since 1964. Its data recorded 37 million flights in 2023 (both jet and turboprop), an increase of 17% on the year before. But despite this, 2023 had the lowest fatality risk and “all accident” rate on record. “At this level of safety, on average a person would have to travel by air every day for 103,239 years to experience a fatal accident,” says the IATA report. There were no fatal accidents or hull losses involving passenger jet aircraft last year, but the tragedy of Yeti Airlines Show less Read more
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