The Report Disclaimer

This paper presents the data and science from which any reader can develop an informed point of view as to runway safety and the benefits (if any) of automated runway scanning technologies. To the degree possible the author provides a clear analysis of the facts and data available, giving a data-driven interpretation rather than simply rows of numbers or raw opinion. As such, this Report reflects Insight SRI’s best effort at describing frequency of FOD and bird strikes; the costs associated with those strikes; an analysis of how those risks compare to other, better known safety risks; expected national and international regulatory activity; and a discussion of the market opportunities all of the above create.

 

The industry and market data used in this Report are based on interviews with airport and airline staff; staff from various service or technology firms; industry publications; press articles; trade associations; the annual reports of all of the above; government/regulator data; and various published  and unpublished data from these and other sources. Whilst Insight SRI believes such information to be generally reliable, the accuracy both of the source data and of the conclusions/ statements it supports has not been independently verified and cannot be guaranteed.

 

This Report is therefore necessarily conjecture. Information in both this Report and in its associated graphics, presentations, and spreadsheets are accurate to the best of our abilities but whilst care and attention has been exercised in its preparation all conclusions, findings, statements and details remain subject to confirmation in that any and all details may change, require validation, or simply be in error.

 

Any and all warranties, be they express or implied by statute, law or otherwise are hereby disclaimed and excluded.

No warranty or guarantee of accuracy is given and no liability in respect of any content, errors or omissions (including any third party liability) is accepted by Insight SRI or any director, employee, or sub-contractor of Insight SRI.

 

This Report should be treated as a “forward-looking statement”. While economic or market estimates in this Report are believed to be reasonable, such are inherently uncertain. Actual results or actual values will almost certainly differ from our predicted results and forecasts. Any and all conclusions, including all assessments, qualitative or quantitative conclusions, historical statements, forward-looking statements, valuations, cost and market estimates, or discussions regulation or strategy are subject to a number of risks and uncertainties that could cause actual results or actual values to differ materially from projected results or stated values.

 

Readers are cautioned not to place undue reliance on any of the statements in this Report, nor on any analysis that supports them or is supported by them. Insight SRI cannot guarantee accuracy, nor can Insight SRI guarantee future results, events, levels of activity, performance, or achievements. Insight SRI further does not undertake and specifically declines any obligation to update, republish or revise these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrences of unanticipated events.

 

This report is provided for informational purposes only, and it should not form a primary basis for any investment decision by or in any of the firms mentioned here, nor in any associated companies, nor by investors in these or in any other venture. Likewise, this document should not form a primary basis for any purchasing decision.

 

Current or potential customers of any airport or airline; customers or potential customers of any product or service named directly or indirectly in this report; customers or potential customers of similar products; and investors or potential investors in any of the above or related markets should make their own determination of whether or not to buy or sell products, services, stock or to otherwise engage in inherently risky financial activity based upon their specific investment goals and in consultation with their financial advisor.

 

Receipt of this document does not constitute the distribution of any information. Nor should receipt of this document be construed as any offer or solicitation. In preparing this document Insight SRI is neither making any recommendation, nor supporting any investments.

 

This report is proprietary to Insight SRI.