<i>AVweb</i> did an interesting video a couple of years ago, "Are Planes With Parachutes Really Safer?":<p>> <i>The Cirrus line of aircraft have been flying for 20 years and although most people in aviation know they have full aircraft parachutes, it's fair to ask how effective these have been. With more than 90 uses of the so-called CAPS, has the system really saved lives? In this video, AVweb's Paul Bertorelli analyzes the record.</i><p>* <a href="https://www.youtube.com/watch?v=zT58pzY41wA" rel="nofollow">https://www.youtube.com/watch?v=zT58pzY41wA</a><p>Concludes that parachutes a generally a good thing, and even though the Cirrus aircraft fleet has grown from 5000 to 7000 airplanes over the last ten years (12m30s), the anual fatality numbers have stay the same and so have overall annual accidents.<p>The first few years didn't see much improvement, probably because the training didn't emphasize it as much, but since ~2013 the advice is generally "<i>if you're experiencing issues just pull the 'chute</i>". There is a cost to fixing the aircraft afterwards, but it will be you paying it and not your widow or estate.