Alphabetical           State by State
 Finance Send this page to a friend!  
 Home
 Finance
 Advice
 Banking
 Bankruptcy
 Bonds
 Chats and Forums
 Conventions and Conferences
 Corporate Profiles and Reports
 Currency
 Earnings Calendars
 Exchanges
 Financial Services
 Financing
 Futures and Options
 Hard Assets
 Information Media
 Initial Public Offerings
 Insurance
 Investing
 Investment Models
 Investment Picks
 Motley Fool
 MSN MoneyCentral
 News and Media
 Organizations
 Reference and Guides
 Retirement Planning
 Small-Cap Investing
 Socially Responsible Investing
 Technical Analysis
 Usenet
 Venture Capital
 Web Directories
Copyright © 1998-01 OpenHere
Company Information
Suggest a Site
FAQ
VirtualDesk
Login:

Password:
Report: Air Accidents Worldwide Up in 2007, But 19 Percent Fewer Fatalities
Thursday, May 8, 2008 4:05 PM

The International Air Transport Association says the number of airline accidents worldwide rose last year, largely due to crashes in...


The International Air Transport Association says the number of airline accidents worldwide rose last year, largely due to crashes in Africa, Brazil and Indonesia, but the death toll from air crashes dropped sharply.

IATA's annual safety report says the increase was small, but it reversed a 10-year trend in the aviation industry.

The wreckage of the ADC airliner is seen after crashing in Abuja, October 29, 2006
The wreckage of the ADC airliner is seen after crashing in Abuja, October 29, 2006
The report, released Thursday, counted 100 accidents in 2007, compared to 77 a year earlier.  But it adds that the number of people killed in air accidents declined significantly - by 19 percent, to 692 from 855 in 2006 - even as more people than ever before traveled by plane.

The air-industry association said air accidents occur six times more frequently in Africa than in other parts of the world - at a rate of just over four accidents per one million flights - but that air safety across the continent improved last year.

The IATA says nearly half of all aviation accidents take place during landing.

The safety report says Russia and other members of the Commonwealth of Independent States recorded no fatal accidents according to IATA criteria during 2007, following a disastrous year in 2006.

IATA counts accidents by the number of "hull losses for every million flights by Western-built jet aircraft" - incidents in which a plane is destroyed or cannot be repaired, involving a large commercial plane "designed and manufactured in the Western world."

The group's report said crashes in Indonesia pushed the accident rate in the Asia-Pacific region to 2.76 hull losses per million flights. 

The most serious air crash in the world last year involved an Airbus jet that overshot a wet runway in Sao Paulo, Brazil, last July, killing 199 people.  IATA says it is working with the Brazilian government on a comprehensive program to improve safety.

The industry group says air travel remains "the safest mode of transportation."  IATA's director general, Giovanni Bisignani, says accident rates have declined nearly by half since 1998 - from 1.34 to 0.75 accidents per million flights.

North America (0.09) and Europe (0.29) had accident rates significantly below the world average.

Some information for this report was provided by AFP, and Reuters.

Finance
Get Stock Quote: Enter Symbol(s)

Symbol Lookup
My Portfolio
Our Privacy Vow 
  • Financial Home

  • Iran Says Rise in Production Will Not Affect Record Oil Prices

  • US Treasury Secretary Says Credit Markets Slowly Returning to Normal

  • Saudi Arabia Says It Has Already Increased Oil Production to Meet Demand

  • EU-Latam-Caribbean Summit Opens in Peru

  • Oil Prices Soar to New Record High Above $127 a Barrel

  • Bush in Saudi Arabia for Nuclear Deal  

  • Bush to Hold Talks With Saudi King on Oil Prices

  • High Gasoline Prices Cause Hardship in US  

  • UN Scales Down Global Growth Forecast

  • Zimbabwean Central Bank Issues Z$500 Million Note Worth About US$2  

  • Huge Congo-China Mining Deal Questioned  

  • US Imposes Sanctions on Subsidiaries of Belarusian State-Run Oil Firm

  • French Bank to Sell Billions in Assets to Deal With Subprime Losses

  • British Leader Promises to Steer Country Through Tough Economic Times  

  • Indonesia Will Raise Fuel Prices Despite Protests

  • African Countries Move to Bio-Farming to Alleviate Food Shortages  

  • New Report Says US Inflation Pressures Appear to be Easing  

  • US Commerce Secretary Encourages Chinese Investment

  • Zimbabweans Government Waives Customs Duties On Food, Other Key Goods  

  • US Senate Panel Considers Response to Global Food Crisis

  • Study Links Everyday Chemicals to Obesity  

  • High Crop Prices Squeezing US Farmland Conservation Program  

  • In Burkina Faso, One Hotel's Fight Against Sex Tourism  

  • Some Businesses Find Silver Lining in Weak US Economy  

  • African Foreigners in Equatorial Guinea Find Business, Problems  

  • South Korea Delays US Beef Imports Amid Public Protests  

  • French Parliament Blocks Bill to Allow Genetically Modified Crops

  • All-Electric Car by Nissan to Go on Sale in 2010

  • Gas Prices Soar, Americans Buy Smaller Cars  

  • Growing Indian Economy Sparks Housing Boom