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Together, with members of the airline industry and the National Safety Council (NSC), OSHA works to provide employers and airline industry workers with information and assistance to help create a healthy and safe working environment.

Agency-cost models suggest that firms may pursue riskier
strategies in times of financial distress. For example,
stockholders of financially weak firms in industries where quality
cannot be observed ex-ante have an incentive to compromise safety
and quality to maximize current period profit. However, there
exists only a modest amount of empirical evidence that relates
financial health to the risk-taking behavior of firms.
We explore this relationship for the airline industry. Using bond
ratings to proxy for financial health and airline mishaps to
measure safety, we find a significant correlation:airlines with
higher quality bond ratings are less likely to experience mishaps
than airlines with lower quality ratings.
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