The father of the pilot involved in the tragic Air India crash has publicly vowed to clear his son's name, insisting that the narrative of pilot error is a convenient scapegoat. The announcement comes as UK accident investigators join the probe, raising questions about the true causes of the disaster. Markets, ever sensitive to uncertainty, have been rattled by the implications for aviation regulation and liability.
One cannot help but wonder if this tragedy will become yet another case where institutional failures are masked by individual blame. The father's crusade, while emotionally resonant, should not distract from the need for a rigorous, transparent investigation. After all, the bottom line in aviation safety is that lives are the ultimate currency, and any attempt to devalue that currency through obfuscation must be met with market-like efficiency: immediate and severe.
The involvement of UK investigators suggests a recognition that this accident may have systemic roots. Gilt yields, meanwhile, remain unmoved, but the insurance sector is bracing for claims that could rewrite the risk assessment for the entire industry. The father's determination is admirable, but let us hope it does not lead to a prolonged period of volatility in the court of public opinion.
Facts must prevail over sentiment, for in the end, the market always corrects for emotion.
