I am also a licensed pilot and have looked at the Cirrus Design planes that have these parachutes as standard equipment. A big part of the marketing pitch for these parachutes is they can be deployed if the pilot is incapacitated. Most pilots are men - statistical fact - and they often fly with their spouses. The wife typically can't fly the plane let alone land it. There are accidents logged in the NTSB database where the pilot had a heart attack and everyone on board died when the plane went down. The parachute buys a lot of piece of mind with the spouses which makes it a great selling point.
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I am also a licensed pilot and have looked at the Cirrus Design planes that have these parachutes as standard equipment. A big part of the marketing pitch for these parachutes is they can be deployed if the pilot is incapacitated. Most pilots are men - statistical fact - and they often fly with their spouses. The wife typically can't fly the plane let alone land it. There are accidents logged in the NTSB database where the pilot had a heart attack and everyone on board died when the plane went down. The parachute buys a lot of piece of mind with the spouses which makes it a great selling point.