Recently released global airline accident data indicates that not a single airline passenger suffered a fatality from a jet crash anywhere in the world in 2017. This is almost an unimaginable safety milestone, even though the average number of airliner accidents and fatalities has been declining since 1997.
While there have been a few fatal accidents involving smaller aircraft, in the U.S., scheduled airlines haven’t experienced a fatal crash on any type of equipment since February 2009.
By contrast, approximately 35,000 people lose their lives every year in motor vehicle accidents in the U.S. alone.
Are you still afraid to fly? Why?
All comments and suggestions are welcome.
Walter J. Kirchberger, CFA®