Exhibits Vol 2 - Independent Pilots Association
Exhibits Vol 2 - Independent Pilots Association
Exhibits Vol 2 - Independent Pilots Association
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Dave Berkey; Draft; Monday, February 11, 2013<br />
DIRECT QUALITATIVE AND TANGIBLE BENEFITS<br />
MONETIZED IN IPA’S BENEFIT-COST ANALYSIS AS A<br />
ROUGH-ORDER-OF-MAGNITUDE ESTIMATE<br />
Qualitative Benefits<br />
1. More alert pilots in the cockpit, able to react swiftly and appropriately to in-flight<br />
abnormalities in flight, before they become emergencies, as well as responding better to<br />
emergencies.<br />
2. Premium value attributed to expedited and perishable cargo, including pharmaceutical<br />
supplies, medical equipment, donor transplant organs, and time-sensitive legal and<br />
governmental documents<br />
3. Cumulative effect of chronic sleep loss on physical and mental health resulting in<br />
disorders that can reduce the quality of life and productivity, cause an increase use of<br />
health-care services, and result in injuries, illness, or deaths.<br />
4. Disruption and inconvenience to accident victims on the ground from loss of house and<br />
personal property, including time burden of locating temporary housing and replacing<br />
personal items<br />
5. Loss of irreplaceable environmental, historic or otherwise aesthetic property<br />
Tangible Benefits<br />
1. Pilot fatigue-related non-airborne accidents (accidents on the tarmac during taxiing)<br />
2. Revenue losses for failure to deliver cargo and having to refund delivery cost or absorb<br />
all re-delivery costs<br />
3. Post-accident health costs from release of toxic and other chemical substances