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It is very helpful to have a firm with deep pockets that has a huge incentive to ensure their drivers are safe. So, that they can be sued or lose lots of profi
by davidf18 10y ago
It is very helpful to have a firm with deep pockets that has a huge incentive to ensure their drivers are safe.
So, that they can be sued or lose lots of profits to a competitor if they don't have a fully safe system.
Large US airlines have a huge incentive to ensure that flights are safe. It is not only that they are afraid of losing market share if there is a large accident (and of course the loss of reputation for loss of life) but the average payout per killed passenger is $4.5 million.
In Germany, Lufthansa, the main carrier of Germany, owned a discount carrier where the pilot deliberately drove the plane into the ground, killing all on board. But in Germany the liability is limited to something like $75,000 per passenger instead of the $4.5 million in the US.
Which makes me more interested in flying with US carriers than, say, German ones, But also Uber/Lyft rather than "co ops."
This is real value provided. An especially important to women and the elderly who are most at risk from a problem driver.