Aviation Industry in Shadow of Terror

Paper Summary:

This paper provides an analysis of the state of the aviation industry before and after 9-11. The paper begins by providing a brief description of the industry before the attack and proceeds to look at the affects of the terrorist attacks on the industry. Issues discussed include tighter passenger security, a slump in aviation travel, and questions of cockpit security.

From the Paper:

"As a result of the attacks of September 11, 2001, the U.S. government and traveling public are demanding tighter security at the nation's airports. While the problems with security recently highlighted by various industry analysts are by no means new, they have been the focus of a much more urgent debate since the country is virtually at war, both politically and economically. These attacks horsewhipped the air industry in the United States to the extent they may not recover, even in the long-term, without much more assistance from both the federal government as well as an immediate increase in the number of passengers being carried. There is no question that safety measures substantially contribute to the costs of airline operations, but the cost of safety only begins with the purchase price of a ticket by a passenger. However, it is not possible to gauge the worth of a human life in terms of dollars, and those who would trust their lives to experienced pilots and proven aircraft need to be assured that their choice to fly was a prudent one."

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