A Quote by Frank Borman
There is just no way that I can understand in God's green earth that an airline could undertake with its normal procedures the operation of the Space Shuttle. . . . You don't put parachutes on airliners because the margin of safety is built into the machine. The 727 airplanes we fly are proven vehicles with levels of safety and redundancy built in. The shuttle is a hand-made piece of experimental gear.
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When I was in high school we had the first shuttle launch, and it reinvigorated my enthusiasm for the space program. I was in awe of the space shuttle as such a tremendous machine taking people into space. It seemed like such a wonderful thing that I wanted to be a part of.
After the Challenger accident, NASA put in a lot of time to improve the safety of the space shuttle to fix the things that had gone wrong.
On my second space walk, I was riding the Canadarm, heading down toward the payload bay of the space shuttle, and I could see the space shuttle highlighted against the Earth in the background, and there was this black, infinite, hostile void of space. I remember looking down at the Earth and thinking, "Beneath me is a 4½-billion-year-old planet, upon which the entire history of the human species has taken place." That was an incredibly humbling moment, and I had a bit of an epiphany.
By 1931, after a few years' experience of flying scheduled airlines, those planes were operating at roughly 600 times the safety of the space shuttle. I look at safety not in terms of fatalities per passenger-mile, but when you get in and close the door, what is the risk of dying on this flight?
The view of earth is spectacular from space. Most people imagine that when astronauts look out the window of the shuttle they see the whole earth like that big blue marble that was made famous by the flights that went to the moon. But the shuttle is much, much closer than those astronauts were. So we don't see the whole planet, the whole ball at once, we just see parts of it.
NASA asked me to create meals for the space shuttle. Thai chicken was the favorite. I flew in a fake space shuttle, but I have no desire to go into space after seeing the toilet.
The space shuttle has been a fantastic vehicle. It is unlike any other thing that we've ever built. Its capabilities have carried several hundred people into space.
It's pretty amazing to me that we have had a space shuttle program that's lasted for 30 years - for one space shuttle. That's quite an achievement.
We have played a critical role in meeting the new safety standards. The Canadian space industry contributed new tools that make the inspection of the space shuttle possible.
But we agree with the NTSB that if we eliminated the thrust- reverser calculation, it would be an extra margin of safety. Airport capacity and airline efficiency are important, but safety is the most important thing.
Edge also implies what Ben Graham....called a margin of safety. You have a margin of safety when you buy an asset at a price that is substantially less than its value. As Graham noted, the margin of safety 'is available for absorbing the effect of miscalculations or worse than average luck.' ...Graham expands, "The margin of safety is always dependent on the price paid. It will be large at one price, small at some higher price, nonexistent at some still higher price."
Proper accounting is like engineering. You need a margin of safety. Thank God we don't design bridges and airplanes the way we do accounting.
I asked someone once why he liked Jean-Michel's work and why it was being singled out for acclaim, and he said, 'Because it looks like art.' But then again, art doesn't always look like art at first. The way the space shuttle that lifts off doesn't much resemble the space shuttle as it lands.
My daughter just thinks that all moms fly the Space Shuttle
I've had a chance to fly a lot of different airplanes, but it was nothing like the shuttle ride.
The Space Shuttle will stop directly below the Space Station and Sergei and I will be looking out two different windows looking straight down at the Space Shuttle.
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