New Study Quantifies Aerial Firefighting Effectiveness - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.ℱ

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
March 4, 2020 Newswires
Share
Share
Tweet
Email

New Study Quantifies Aerial Firefighting Effectiveness

Business Wire

Larger U.S. Aerial Fleet Will Save U.S. Taxpayers Billions Annually

COLORADO SPRINGS, Colo.--(BUSINESS WIRE)-- Global SuperTanker Services, LLC (“GSTS”) today released a two-part, independent analysis of aerial firefighting effectiveness and the economic impact of U.S. wildfires conducted by George Mason University (“GMU”) policy experts Dr. Stephen Fuller and Dr. Keith Waters.

SuperTanker is the world’s largest firefighting air tanker and provides firefighters with a range of unique capabilities. In late 2019, GSTS completed successful missions fighting the Kincade fire in Northern California, and fires in South America threatening the Amazon rainforest for the Bolivian government.

The GMU analysis relied exclusively on data provided by U.S. Forest Service (“USFS”), and concluded that deployment of air tankers early in the life of wildfires dramatically reduces fire duration, which directly correlates to economic impact and cost to American taxpayers. The study concluded, for example, that among more than 11,000 fires in which larger air tankers were deployed, fires burned on average for less than one day when tankers were deployed in the first 4-6 hours of a reported fire. Fires in which tankers were deployed after 72 hours burned on average for more than 20 days.

The second GMU analysis utilized U.S. Department of Commerce data on the economic impact of wildfires, and concluded that quantifiable annual costs total a minimum of $185 billion annually. The analysis further noted the broad economic impact of wildfires result in a minimum of $31 billion annually in unrealized federal tax revenues. These figures do not account for direct costs paid, for example, in insurance claims, repairs to infrastructure, etc.

The Fuller-Waters study analyzed over 330,000 lines of USFS fire incident data from 2014-2018 related to deployment of LATs and VLATs. The study’s methodology was based on established U.S. government doctrine that “a vigorous initial response to a wildfire, a process referred to as initial attack, can greatly reduce the likelihood of the fire becoming larger and causing substantial damage,” (Link: USDA Aviation Plan).

And, “air tankers deliver fire retardant to wildfires, thereby reducing fire intensity and rate of spread, allowing ground firefighters time to contain and/or control new, emerging and large fires,” (Link: USDA Large Air Tanker Ops Plan).

The volume of U.S. wildfires now exceeds 70,000 per year. Factors such as global warming, land management practices creating dangerous increases in wildfire “fuel” such as high-combustion vegetation, and recent threats of terrorists weaponizing wildfires have led to repeated warnings to consider whether America’s aerial fire containment strategy has kept pace with the threat. At present, the U.S. Forest Service has only 13 larger air tankers under contract and guaranteed to respond quickly.

“Global SuperTanker is the world’s largest firefighting air tanker, but is by no means a silver bullet solution to a greatly under-resourced U.S. aerial firefighting fleet,” said Dan Reese, president of GSTS. “However, we believe this study is a significant milestone in defining solutions to America’s escalating wildfire threat. For the first time, definitive information correlating air tanker use, wildfire dynamics and economic impacts is available to policymakers worldwide to inform aerial firefighting strategies.”

"Forecasts of severe 2020-2025 fire seasons in the U.S., and escalating threats of wildfire threats globally as witnessed in Australia recently are signals that we must as a nation proactively address," said Roger Miller, chairman of GSTS, and partner with Alterna Capital Partners, the investment manager for the fund that owns and operates GSTS. "Alterna together with GSTS is exploring strategic alternatives to ensure SuperTanker's continued viability as the world's largest and most cost efficient very large air tanker, which include enhancements to the current product offering and the invitation for strategic investors to evaluate partnering with GSTS and Alterna to roll out incremental product offerings to meet the evident demand.”

Press Contact

  • Francis X. ‘Chip’ Sheller, [email protected], 1 703 964 6271. Contact for GSTS and GMU interviews.

Resources – request via email to [email protected], or from www.globalsupertanker.com

  • SuperTanker images/video
  • Wildfire Facts: How to Save American Taxpayers Billions Annually
  • GMU/Fuller-Waters Feb. 2020 study – The Impact of Utilizing Aerial Tankers in Fighting Forest Fires
  • GMU/Fuller-Waters Feb. 2020 study – Annual Cost of Forest Fires

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20200304005461/en/

Press

Francis X. ‘Chip’ Sheller

1 703 964 6271

[email protected]

Source: Global SuperTanker Services, LLC

Older

Greg Lindberg Bribery Charges In Hands Of A North Carolina Jury

Newer

Alignment Healthcare Raises $135 Million in Series C Funding to Bring Its Model for Improved Care to More Seniors

Advisor News

  • Why you should discuss insurance with HNW clients
  • Trump announces health care plan outline
  • House passes bill restricting ESG investments in retirement accounts
  • How pre-retirees are approaching AI and tech
  • Todd Buchanan named president of AmeriLife Wealth
More Advisor News

Annuity News

  • Great-West Life & Annuity Insurance Company Trademark Application for “EMPOWER READY SELECT” Filed: Great-West Life & Annuity Insurance Company
  • Retirees drive demand for pension-like income amid $4T savings gap
  • Reframing lifetime income as an essential part of retirement planning
  • Integrity adds further scale with blockbuster acquisition of AIMCOR
  • MetLife Declares First Quarter 2026 Common Stock Dividend
More Annuity News

Health/Employee Benefits News

  • Congress takes up health care again – and impatient voters shouldn't hold their breath for a cure
  • U.S. Rep. Fitzpatrick pushed a health care subsidy extension. Here's what voters in his Bucks County swing district think
  • Healey unveils health insurance reforms
  • Researchers from University of Toronto Provide Details of New Studies and Findings in the Area of Health and Medicine (Role of Chronic Conditions in Out-of-Pocket Costs for Preventive Care in the US): Health and Medicine
  • Researchers at University of Florida Target Mental Health Diseases and Conditions (Impact Of Housing Support Services For Medicaid Enrollees With Serious Mental Illness, Substance Use Disorder): Mental Health Diseases and Conditions
More Health/Employee Benefits News

Life Insurance News

  • Best’s Market Segment Report: AM Best Maintains Stable Outlook on India’s Non-Life Insurance Segment
  • AM Best Affirms Credit Ratings of Health Care Service Corporation Group Members and Health Care Service Corp Medicare & Supplemental Group Members
  • Kyle Busch hits PacLife role in amended IUL fraud claims suit
  • I sent a letter to President Trump regarding Greg Lindberg
  • ‘Cashing Out’: Film recounts how viatical settlements arose from AIDS crisis
Sponsor
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

ICMG 2026: 3 Days to Transform Your Business
Speed Networking, deal-making, and insights that spark real growth — all in Miami.

Your trusted annuity partner.
Knighthead Life provides dependable annuities that help your clients retire with confidence.

8.25% Cap Guaranteed for the Full Term
Guaranteed cap rate for 5 & 7 years—no annual resets. Explore Oceanview CapLock FIA.

Press Releases

  • Agent Review Announces Major AI & AIO Platform Enhancements for Consumer Trust and Agent Discovery
  • Prosperity Life GroupÂź Names Industry Veteran Mark Williams VP, National Accounts
  • Salt Financial Announces Collaboration with FTSE Russell on Risk-Managed Index Solutions
  • RFP #T02425
  • RFP #T02525
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet