939 karma · joined April 23, 2019
This is slower and smaller than concorde, so we'll see if the market really values speed over convenience / luxury. Boeing made the opposite decision 20 years ago when they cancelled the sonic cruiser.
If you can't figure out why the market still has brokers, you are destined to make the same mistakes that everyone who sunk time and money into this before has made.
It would probably be cheaper to just have stair climbing robots.
Wampum didn't do so well either
The local community feels that it adds no jobs and produces a lot of pollution, and the Senate Bill is trying to stop this.
There used to be a commercial heliport on top of the Pan Am Building over Grand Central Station. The first helicopter crash that sent chunks of metal flying 600 feet down to streets with huge amounts of foot traffic permanently closed it. I'm sure something similar would have happened had the Empire State Building 'port' actually been used.
A formal written complaint prior to filing for abitration might have been equally effective. Incentivizing escalation simply drives up the costs of resolving disputes.
The reason that employment lawyers want to get these things out of arbitration is that juries are more susceptible to emotional arguments, and the lawyers can sometimes get the company to pay their (inflated) legal fees if they win.
Arbitration is quick, fast, final, and doesn't require all the legal machinations of court. Hopefully this is not a precedent.